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Regulation
France watchdog is investigating Worldcoin’s data collection
France’s privacy watchdog reportedly questions Worldcoin’s biometric data collection.
Worldcoin, created by OpenAI CEO…
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US Senate approves national defense bill that also targets crypto mixers
The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on the evening of July 27. The bill includes a provision that targets crypto mixers, anonymity-enhancing coins and institutions that…
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Urge reps to vote ‘Yes’ on crypto regulatory clarity bills
Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “Yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide regulatory clarity…
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Singapore High Court rules crypto personal property, compares it to fiat money
Cryptocurrency is property capable of being held in trust, Judge Philip Jeyaretnam of the High Court of Singapore ruled on July 25. The judge said he didn’t see any difference between crypto, fiat money or shells as long as all those…
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Vladimir Putin signs Russia’s digital ruble bill into law
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law.
Russia is…
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Korean banks research stablecoin, CBDC alternative
Several private banks in South Korea are studying the potential of tokenized deposit technology, an alternative to both private stablecoins and central bank digital currencies (CBDCs). According to a report from Maeli Business News…
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FSB finalises recommendations for global crypto framework
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers.
Segregation of…
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SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit
The United States Securities and Exchange Commission (SEC) has suggested it may appeal a recent ruling in its case against Ripple Labs, which deemed XRP (XRP) not to be a security when sold to retail investors. The SEC argues that the…
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New DeFi bill has “unworkable obligations”
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi.…
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Grayscale Bitcoin Trust among ARK’s top ETF performers in Q2 2023
Digital currency investment product, Grayscale Bitcoin Trust (GBTC), was one of the best performers at Cathie Wood’s ARK Invest in the second quarter of 2023.According to ARK’s latest quarterly ETF Report issued on July 19, GBTC was one…
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