Tuesday, June 22, 2021

El Salvador’s relationship with the IMF turns complicated after new Bitcoin bill

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The International Monetary Fund (IMF), a global intergovernmental organization that supports economic structures and finance in the world, is set to hold talks with El Salvador after...

WEF issues DeFi policy ‘toolkit’—and Columbia’s already planning to use it

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Global policy, business, and academic think tank the World Economic Forum (WEF) released its decentralized finance (DeFi) policy toolkit today, as per a release this morning.“DeFi presents...

South Korea bans crypto executives from trading on their own platforms

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Korean minister says all 200 crypto exchanges in the country face a risk of closing downEun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over...

Ripple (XRP) asks court to impose deadline on the SEC to produce documents

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In the Securities and Exchange Commission (SEC) vs. Ripple lawsuit, the San Francisco-based fintech firm has accused the securities regulator of willfully refusing to hand over documents...

U.S. Senator blames crypto for rising ransomware attacks

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Ransomware has been around for decades, but trust political figures to blame crypto for its rise. This weekend on NBC News’ Meet the Press, US senator Roy...

UK authorities say crypto firms ‘fall short’ of AML rules

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Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such...

RBI governor “surprised” that Indian banks cited 2018 laws to block crypto users

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Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local...

Chinese province sounds fresh alarm on ‘illegal’ crypto schemes

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China’s Hainan province issued a fresh warning about illegal crypto schemes yesterday, adding to what is an ongoing campaign against the growth of the industry in the...

Former U.S. congressman Ron Paul says legalize Bitcoin and ‘let it compete with dollar’

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Ron Paul, former 12-term US Congressman from Texas, warned about the intricacies of the current inflation and the government’s crackdown on crypto in an interview for Kitco...

Odds are the SEC will opt to settle Ripple lawsuit before reaching trial

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The Securities and Exchange Commission (SEC) vs. Ripple lawsuit is currently in the pre-trial phase. The purpose is for each party to investigate the facts of the...

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