Regulation

We only seek to legalize fully backed stablecoins says the Treasury    As the crypto world gears up to deal with the consequences of the death spiral suffered by the Terra ecosystem last week, the United Kingdom’s Department of…
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The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and…
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The Commonwealth Bank of Australia (CBA) has put its plans for a second pilot program of crypto trading services on hold indefinitely and cut off access to those in the first round of testing.CBA sent Cointelegraph a transcript of a…
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Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss the Bitcoin rollout among other things. According to the Twitter thread that…
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Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic Data Chain (MDC) pyramid scheme. The pyramid is thought to have handled transactions with a…
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The Chinese government has not managed to take down cryptocurrency operations as part of its crypto ban last year as China has re-emerged as one of the world’s largest Bitcoin (BTC) mining hubs, according to a new report.China became the…
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France’s cultural institutions need to develop an NFT policy and support Web3 innovation, the French president said in an interview. French President Emmanuel Macron, who is seeking to win this year’s election in a second round against…
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The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian…
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Caroline Pham, currently serving as a commissioner at the United States Commodity Futures Trading Commission, or CFTC, has announced a former head of U.S. regulatory policy at investment banking firm Credit Suisse Securities will be…
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US Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that the stablecoin market has attracted a lot of attention this past week and that the sector could be looking at “stricter” regulations. The top SEC…
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