Crypto and Laws
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China’s Fujian Province processes nearly $22B in digital yuan transactions
China is pushing ahead with plans to adopt a digital yuan. According to Fujin News , individuals and businesses in China’s Fujian...
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Belgian foreign minister calls for crypto ban
An EU member of parliament has recently tweeted that he believes an EU-wide ban should be imposed on crypto. In a tweet from March 17, Johan...
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US lawmaker says President Biden administration is weaponizing market chaos to kill crypto
U.S. lawmaker Tom Emmer said President Biden’s administration was weaponizing market chaos to kill crypto. The pro-crypto lawmaker...
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Battle for crypto regulation: CFTC v. SEC – Everything to know
Two of the United States’ most prominent financial regulatory bodies, the Securities and Exchange Commission (SEC) and the Commodity Futures...
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Ethereum co-founder praises Gary Gensler as ‘shining knight of decentralization’
Ethereum co-founder Joseph Lubin praised SEC Chair Gary Gensler as a “shining knight of decentralization.” Speaking at ETHDenver...
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Bankruptcy judge rejects U.S. government’s request to delay Voyager-Binance.US deal
A bankruptcy judge has ruled in a court filing on March 15 that the $1 billion bid by Binance.US to purchase Voyager’s assets should proceed...
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Federal Reserve says FedNow will go live in July
The U.S. Federal Reserve has announced that its FedNow service will launch this summer, as seen in a statement from the agency on March 15 ....
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SEC charges Trump-connected Chinese businessman Guo Wengui over ‘H-Coin’
Guo Wengui — also known as Miles Guo — has been charged over a fraudulent cryptocurrency scheme, according to a statement from the SEC on March...
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Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto
Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark...
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DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering
The U.S. Department of Justice (DOJ) has shut down the Bitcoin mixing service ChipMixer, as announced in a statement on March 15 . ChipMixer...
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UK to mandate declaring crypto holdings in tax forms
The U.K. is looking to mandate the declaration of crypto holdings in Self Assessment tax return forms. The move was announced as part of the...
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Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown
Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report from Bloomberg on March 14....
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SEC, DOJ investigating Silicon Valley Bank: WSJ
Two U.S. regulators have begun an early investigation into the failed Silicon Valley Bank (SVB), according to a report from the Wall Street...
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CFTC forms new Tech Advisory Group, appoints high-profile crypto executives
Executives from Circle, TRM, Fireblocks, and other companies have been appointed by the CFTC to its new Tech Advisory Committee (TAC). In an...
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EU passes Data Act including smart contract regulation
The European Parliament adopted legislation under the Data Act on March 14, which includes provisions on smart contracts and the internet of...