The Indian parliament held its first meeting on the future of cryptocurrencies in the country on Monday. The meeting was attended by representatives of crypto exchanges including Binance-owned WazirX, India’s two crypto …
MoreTag: Regulation
SEC Commissioner: “DeFi projects have to address transparency and pseudonymity”
United States Securities and Exchange Commission Commissioner Caroline Crenshaw has highlighted the benefits of decentralized finance (DeFi) while warning of the dangers of failing to embrace a protective regulatory framework …
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Philadelphia announced an initiative to bring blockchain to the city government
City of Philadelphia Chief Innovation Officer Mark Wheeler announced an initiative to bring blockchain technology to city government on Monday. The project has invited people working in the blockchain and smart contracts …
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Brazilian federal deputy proposed a bill to legalize crypto payments for workers
Federal Deputy Luizão Goulart, a Brazilian congressman, proposed a bill to legalize crypto payments as a mode of payment for public and private sector workers. Goulart’s proposal seeks a new law that …
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United States Senator submits resolution to allow crypto payments in Capitol Complex
United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located …
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The United States to become the global cryptocurrency and blockchain leader
We have some great news coming out of the United States on the cryptocurrency industry this month with potentially more good news coming later this fall. On Oct. 6, Gary Gensler, …
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The Securities and Exchange Commission (SEC) expected to head US stablecoin regulation and enforcement
United States regulatory bodies have reportedly agreed that the Securities and Exchange Commission will lead the U.S.’ efforts to regulate the stablecoin sector. According to a Tuesday Bloomberg report citing anonymous sources …
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Russia aims to replace US dollar reserves with digital assets in long term
As Russia continues pushing de-dollarization, the Ministry of Foreign Affairs (MFA Russia) is reportedly considering replacing the United States dollar with not only traditional fiat currencies but also digital currencies. …
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Cynthia Lummis on US debt limit raise: “Thank God for Bitcoin”
Amid the United States President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that Bitcoin is a blessing of God. Senator …
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Financial leaders from the G7 issue central bank digital currency guidelines
Group of Seven advanced economic nations has been discussing central bank digital currencies (CBDCs) this week, concluding that they should “do no harm” and meet rigorous standards. Finance leaders from …
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