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Regulation
EU Council Adopts New Rules for Europe’s Crypto Markets
The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first…
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OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
Sam Altman, the CEO of OpenAI and co-founder of Worldcoin, recently testified before Congress alongside IBM’s chief of trust, Christina Montgomery, and NYU professor Gary Marcus. The Senate Judiciary Privacy, Technology, & the Law…
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Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says –…
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets…
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US Justice Department on the hunt for DeFi hackers and thieves: Report
The United States Justice Department’s crypto enforcement team is cracking down on Decentralized Finance (DeFi) hackers and exploiters, amid a four-year rise in illicit crypto activity.In a Financial Times report published on May 15, Eun…
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French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin…
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for…
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Bakkt delists majority of tokens from recently acquired Apex Crypto platform
Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the decision was "part of our regular coin…
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Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules – Regulation Bitcoin News
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only…
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Bitcoin miner Marathon Digital hit with another SEC subpoena
Bitcoin (BTC) miner Marathon Digital has disclosed that it received another subpoena from the United States Securities and Exchange Commission (SEC) relating to its 100-megawatt data center in Hardin, Montana.According to Marathon’s…
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Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023.
The 3% crypto tax…
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Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3…
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the…
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