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Regulation
Singapore central bank says three business days is ‘timely transfer’ for stablecoins
While blockchains continue to revolutionize payments by allowing instant transfers, Singapore’s central bank believes three business days is a “timely transfer” for single-currency stablecoins (SCS), similar to transfer speed…
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HKVAX gets approval to offer crypto in Hong Kong
HKVAX has moved closer to becoming only the third platform to receive a VATP licence in Hong Kong.
This is after it…
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Legal scholars file amicus brief in support of Coinbase
A group of six legal scholars specializing in securities law and related fields submitted an amicus brief in favor of crypto exchange Coinbase in its ongoing legal battle against the United States Securities and Exchange Commission…
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SEC delays Ark Invest spot Bitcoin ETF application
SEC announced the delay today, publishing a letter calling for more information from the public.
A decision on Ark…
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Worldcoin opens up WLD reservations for unverified users
The iris scanning crypto project Worldcoin has now made it possible for even unverified customers to reserve their Worldcoin tokens (WLD).In an announcement on Aug. 11, the Worldcoi n project noted that the World app now offers a…
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Bitstamp suspends trade for seven SEC-flagged tokens
Key takeaways
Bitstamp has halted trading of AXS, CHZ, MANA, MATIC, NEAR, SAND and SOL for traders in the United…
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Canadian police reported using Chainalysis Reactor to trace crypto crimes
Canadian law enforcement has started using specialized software to trace crypto while investigating cybercrimes. Police now have the ability to trace blockchain transactions, identify suspects and determine where funds have been…
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Bank of England will get more power in regulating stablecoins
The United Kingdom government could rebalance the power between the central bank of the country, Bank of England (BoE) and the principal financial regulator, the Financial Conduct Authority (FCA), in the former’s favor. That follows from…
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CoinGecko now has an index for crypto tokens alleged as securities
CoinGecko launched a new index tracking the biggest crypto tokens viewed as likely securities by the United States Securities and Exchange Commission. The "Top Alleged Securities Coins" page sorts the selection of crypto assets by market…
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DeFi faces stress test, DoJ fears run on Binance, Hong Kong’s…
Top Stories This Week
The decentralized finance (DeFi) ecosystem experienced a challenging week after a seismic security incident led to over $61 million being stolen from Curve Finance’s pools, leaving several…
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