Crypto and Laws
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SEC opens door to greater scrutiny of crypto companies
The US Securities and Exchange Commission (SEC) could tailor disclosures to suit crypto companies, Chair Gary Gensler said Thursday, offering...
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Principles for Financial Market Infrastructures should be applied to stablecoins: BIS
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) of the Bank for...
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Stablecoin rules among topics discussed during Janet Yellen’s meeting with Japanese officials
U.S. Treasury Secretary Janet Yellen met with Bank of Japan Governor Haruhiko Kuroda to discuss several multilateral financial regulatory issues,...
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Judge denies SEC’s motion to withhold key documents in Ripple case
In the SEC vs. Ripple case, the latest court filing showed Judge Netburn denied a motion by the U.S. securities regulator to withhold internal...
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Sri Lanka’s central bank warns public on possible risks in crypto trade
Sri Lanka is in the midst of a political and economic crisis, and its central bank has issued a warning to the public not to use...
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European Central Bank hints at PoW-based crypto ban by 2025
The European Central Bank (ECB) blasted Proof-of-Work (PoW) mining as a significant climate change risk in research bulletin published in July....
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Sri Lankan officials maintain crypto snub despite economic collapse
The Central Bank of Sri Lanka (CBSL) reiterated its anti-crypto stance in a new notice dated July 12. It confirmed that no entities are...
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Ripple wins as the judge rules against the SEC’s motion, calling it “hypocrisy”
The case between Ripple and the United States SEC has taken an unexpected turn. According to reports on the legal-crypto streets, Ripple has won a...
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The Central Bank of Russia opposes private stablecoins
For an extended period, Russia’s financial systems have opposed private stablecoins. This is especially true of the Central Bank of Russia....
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3AC collapse throw monkey wrench in Singapore’s crypto endeavors
Asia-Pacific’s crypto hub Singapore is expecting more bailouts like Three Arrows Capital (3AC) and bracing for possible risks in the future....
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FSB to submit crypto and stablecoin regulation recommendations in October
The Financial Stability Board (FSB), an international body that monitors and proposes rules for the global financial system, will release...
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Boris Johnson resignation may halt U.K. crypto regulations
U.K.’s Prime Minister and the leader of the Tory Party, Boris Johnson, announced his resignation from the party leadership on July 7. He...
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Rio de Janeiro aims to become Brazil’s crypto ecosystem
Rio de Janeiro’s Secretary of Finance and Planning Andrea Senko talked to Boletim Bitcoin and revealed the city’s plans to become...
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Brazil police bust crypto gang tied to illegal mining scheme
The Federal Police of Brazil has carried out an operation against a criminal gang that allegedly used crypto tokens to launder money made from...
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US Treasury calls for global crypto regulation, development of CBDC
The U.S.treasury claimed that the U.S. should work with its global allies to create a global crypto regulation. The news release cited that this...