Crypto and Laws
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El Salvador’s President signs an 11-page bill removing all tech innovation taxes
In a landmark move, the President of El Salvador, Nayib Bukele, has officially signed a bill of 11 pages eliminating all taxes on technology...
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Crypto exchange platfrom Bittrex to shut down its U.S. platform next month
On Friday, Bittrex, a cryptocurrency exchange platform, announced that it will shut down its U.S. platform by April 30 after nine years in...
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XRP Perpetual Futures Open Interest skyrockets to $610 million
XRP Perpetual Futures Open Interest (PFOI) has shot up significantly since March 24 to around $610 million at its peak. Open interest refers to...
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CNBC’s Jim Cramer calls Binance “way too sketchy”
CNBC host Jim Cramer said Binance is “way too sketchy” for him to use the platform. The comment came following a CNBC appearance...
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Coinbase, Kraken plan to continue operating in Canada as regulatory rules change
Crypto exchanges Coinbase and Kraken have stated that they plan to continue operating in Canada. Coinbase says it will serve Canadians...
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Gensler is raising millions to continue his crackdown on crypto
SEC Chair Gary Gensler is making a strong push to crack down on cryptocurrency “misconduct” with the support of U.S. President Joe...
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Elizabeth Warren says she’s building an anti-crypto army in new campaign
U.S. Senator Elizabeth Warren’s re-election campaign is set to focus heavily on the crypto industry. Senator Warren’s latest Twitter post...
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SEC’s Gary Gensler seeks for more staff, resources to regulate crypto
SEC chair Gary Gensler asked U.S. lawmakers for greater resources to increase his agency’s staff count during a hearing that took place on...
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Coinbase plans to stay in Canada; Binance likely to exit as regulations for crypto exchanges tighten
Coinbase is reportedly in negotiations with Canadian regulators to obtain the necessary license to remain in operation within the country,...
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Texas bill seeks to eliminate incentives for Bitcoin miners
A new Texas Senate bill is looking to eliminate the incentives put in place to attract cryptocurrency miners to the Lone Star state. Texas has...
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Crypto platform Beaxy closes after SEC charges
The U.S. Securities and Exchange Commission (SEC) has charged crypto platform Beaxy and its founder, Artak Hamazaspyan, with operating an...
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SEC charges forces crypto exchange Beaxy to close operations
The U.S. Securities and Exchange Commission (SEC) has charged crypto trading platform Beaxy and its executives — including the founder Artak...
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NEAR launches $11M grassroots community trust registered in Guernsey
NEAR has launched a NEAR Community Purpose Trust to accelerate the allocation of funds to grassroots projects and utilize an innovative legal...
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Galaxy Digital CEO slams U.S. regulatory attention on crypto compared to AI
Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital, expressed his shock and surprise at the amount of regulatory attention...
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Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act
Coin Center posted a scathing assessment of the RESTRICT Act – saying the bill proposal could be used to ban crypto. The cryptocurrency...