As the cryptocurrency industry progresses towards a mainstream adoption stage, Dubai, one of the seven emirates in the United Arab Emirates (UAE), also continues to solidify its position as one …
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Australia is going to enforce a cryptocurrency reform plan in 2022
The Australian politician and Federal Treasurer – Josh Frydenberg – indicated that Australia would implement a “comprehensive payments and crypto-asset reform plan” next year. The legislation is expected to enhance …
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Andrew Yang to reveal his political party will have a pro-cryptocurrency approach
Andrew Yang – an American entrepreneur, politician, and founder of the newly launched Forward Party – said he wants his organization to represent the US crypto community. “Not right. Not …
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Global regulations for stablecoins can help catalyze crypto adoption. Why?
With the rapid rise of cryptocurrencies such as Bitcoin and Ethereum, stablecoins — cryptocurrencies that aim to maintain a stable value relative to another asset or pool of assets — have come under increasing heat …
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Switzerland’s FINMA to approve its first cryptocurrency investment fund
The Swiss Financial Market Supervisory Authority (FINMA) has greenlighted the Crypto Market Index Fund to be the first cryptocurrency-oriented investment vehicle operating within the country with the proper licensing. According …
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Ether EFT to get approval from Brazilian securities regulator
The Brazilian Securities Regulator, Comissão de Valores Mobiliários (CVM) gives approval for an Ether exchange-traded fund (ETF). The holding company of QR Asset Management, QR Capital, announced the approval. Brazil’s …
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Brian Nelson prioritizes ‘new regulations’ around cryptocurrency
President Biden’s nominee for the Department of the Treasury’s under secretary for terrorism and financial intelligence labeled new regulations around cryptocurrency as a priority of his if confirmed. Brian Nelson, …
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Sweden’s central bank governor: ‘Bitcoin is too big to be without regulations’
Bitcoin has become too big of an asset to escape regulatory frameworks, argued the governor of Sweden’s central bank – Stefan Ingves. At the same time, the nation’s finance minister …
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Illinois Will Create Law Favorable For Bitcoin By Issuing Digital Asset Charter
Illinois will soon become the 3rd state in the U.S. to pass legislation that would favor Bitcoin with a new digital asset charter, which will be granted to a special purpose …
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US Securities and Exchange Commission chairman Gary Gensler says the regulator will “aggressively and consistently” enforce crypto rules
U.S. Securities and Exchange Commission Chairman Gary Gensler said on Thursday that the SEC needs to do whatever it can to ensure that bad actors in the cryptocurrency sector aren’t playing with …
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