Tuesday, June 22, 2021

Thailand’s SEC looks to regulate the issuance of DeFi tokens

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The Securities and Exchange Commission (SEC) of Thailand has announced that it may require decentralized finance (DeFi) projects that issue cryptocurrencies to obtain corresponding licenses in the...

Crypto unlikely to escape regulation, says world’s oldest central bank Riksbank

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Regulatory oversight would soon creep into the burgeoning crypto sector even as they currently continue to largely operate in a legal gray area, said the governor of...

U.S. courts deny SEC from viewing Ripple’s legal documents pertaining to XRP

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The US Security and Exchange Commission´s (SEC) motion to access Ripple Labs´ legal communications regarding XRP‘s regulatory status was denied, a new filing shows.The appointed judge stated...

Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’

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Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern.”The bank’s official...

Reserve Bank of India slams banks after they stop services for crypto users

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The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018,...

Crypto traders turn to OTC platforms amidst Bitcoin crackdown

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Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the...

South Koreans lost $5 billion to crypto crimes in the past four years

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Korean students say crypto trading gives them stress, causes insomniaBlinded by the promise of fast cars, luxury hotels, and stacks of dollar bills, young Koreans turned to crypto trading as...

U.S. state of Colorado considers tax payments via crypto

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The adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies,...

Ripple (XRP) likely to go public after its legal battle with SEC is over,...

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The likelihood of Ripple, the company behind the XRP token and blockchain-based payments network RippleNet, to go public is “very high at some point”—but not before its...

Nigerian central bank does a U-turn on Bitcoin ban, saying they now “allow” it

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According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies.In February this...

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