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Regulation
Hong Kong moving forward with crypto licensing, FinTech chair says
Crypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading despite other jurisdictions “taking a step back,” claims the chair of the FinTech Association of Hong Kong (FTAHK).Speaking to Cointelegraph at…
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US DOJ investigating Binance for potential violations of Russian sanctions
DOJ’s national security division is investigating Binance.
Binance is accused of enabling Russians to circumvent US…
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Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be…
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make…
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US vice president gathers top tech CEOs to discuss dangers of AI
The United States vice president and President Biden’s top advisors have held a meeting with several AI industry CEOs to discuss “concerns about the risks associated with AI.”On May 4, U.S. vice president Kamala Harris was joined by nine…
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UK could roll out crypto regulation within a year, says senior minister
Key takeaways
Andrew Griffith has estimated that the UK could roll out its crypto regulation within a year.
He…
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US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion – Regulation…
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary…
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Industry heavyweights respond to UK’s crypto asset regulatory framework proposal
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February, drew detailed…
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Coinbase sues SEC, Ark Invest buys $8.6m in Coinbase stock
Key takeaways
Crypto exchange Coinbase has filed a lawsuit against the Securities and Exchange Commission (SEC).…
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Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School…
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram…
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Congressman McHenry announces hearings to address market structure around crypto
Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S.The move was revealed via a…
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