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Regulation
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll…
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange.…
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SBF subpoena is ‘definitely on the table,’ says Rep. Maxine Waters
The United States House Financial Services Committee Chair Maxine Waters said a subpoena is "definitely on the table" for former FTX CEO Sam Bankman-Fried, who has been requested to testify at a Dec. 13 hearing looking into the collapse…
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Pakistan signs in new laws to expedite the launch of CBDC
The State Bank of Pakistan (SBP) has approved new laws for Electronic Money Institutions (EMIs).
KEY TAKEAWAYS
The SBP plans to launch a CBDC within the next three…
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Maxine Waters Criticized for Praising SBF — Lawmaker Says ‘We Appreciate That You’ve…
Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried (SBF) being candid in his discussions about the collapse of his crypto exchange, FTX. “SBF has not, in fact, been…
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Regulators face public ire after FTX collapse, experts call for coordination
2022 is nearing an end and might go down as one of the most eventful years for the crypto industry owing to the prolonged winter that had wiped more than 70% of the market cap from the top and the barrage of crypto firms imploding. This…
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EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs…
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are…
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South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates
A judge with the Seoul Southern District Court has reportedly set aside arrest warrants for Terra co-founder Shin Hyun-seong along with those of 3 Terra investors and 4 developers.According to an Dec. 3 report from South Korea’s Yonhap…
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Cryptocurrency Law Approved in Brazil — Green Mining Tax Exemptions and Asset Segregation Issues…
A cryptocurrency law, which had been in discussion for several months, has been approved by the Chamber of Deputies in Brazil after having shed some of the changes presented by the Senate. The proposal left out two planned tax…
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LBRY says it ‘will likely be dead’ following SEC loss
The firm behind the decentralized content platform LBRY said its days are likely numbered following its recent loss against the United States Securities and Exchange Commission (SEC) in court.It is specifically LBRY Inc that must die,…
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Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX…
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the…
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