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Regulation
US explores additional bank support favoring First Republic’s benefit: Report
United States authorities are reportedly deliberating on "expanding" an emergency credit line for banks, which may provide First Republic Bank a time buffer to address balance sheet concerns, according to people familiar with the…
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80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says – Regulation Bitcoin…
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada,…
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‘Surgical removal’ of crypto will only weaken USD dominance, commentators say
The United States' crackdown on cryptocurrencies and firms will only serve to stifle crypto-related innovation and “weaken” the country, said industry pundits in the wake of Coinbase's recent Wells notice.On March 22, crypto exchange…
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Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy – Regulation…
A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas…
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‘Operation Choke Point 2.0’ may have contributed to SVB collapse: Mulvaney
If the United States government really is implementing "Operation Choke Point 2.0" it will hurt financial stability and may have contributed to the collapse of Silicon Valley Bank (SVB) according to Donald Trump’s former Acting White…
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FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money – Bitcoin News
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital currency (CBDC) as money in his state. “The Biden administration’s efforts to inject a centralized bank…
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Venezuela overhauls national crypto department
Venezuela’s president, Nicolás Maduro, announced the reorganization of the National Superintendency of Crypto Assets in a decree issued on March 17.A new board will lead the restructuring, headed by Anabel Pereira Fernández, a lawyer who…
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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners – Regulation…
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their…
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Protego’s conditional national bank status expired without approval: Report
Institutional cryptocurrency custodian Protego’s conditional national trust banking charter has expired without it receiving permanent approval, according to a March 17 report in Fortune.A spokesperson for the United States Office of the…
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The US Government wants the Voyager-Binance deal to be halted
Key takeaways;
The US Government wants to halt the $1 billion deal between Binance.US and Voyager Digital.
The…
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