Crypto and Laws
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South Korea steps up crypto regulation with FATF’s Travel Rule
TL;DR Breakdown The FATF Travel Rule will go into effect in South Korea today. The rule requires crypto companies to collect and share...
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Finally, a proof of work ban is off the table in Europe
The lead politician responsible for the MiCA report in the EU Parliament has announced that a proof of work ban is now officially off the...
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Crypto firms face critical deadline in the UK
Crypto firms in the United Kingdom could be forced to cease operation by next week as the deadline for registration with a foremost financial...
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Report: Bank of England is working on crypto regulation framework
The Bank of England (BoE), the United Kingdom’s central bank, has reportedly begun developing a new framework aimed at bringing cryptocurrencies...
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Spot Bitcoin ETFs could become reality by mid-2023
The US SEC wants to expand the definition of “exchanges” to allow it to bring crypto exchanges under its purview. If the change...
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Costa Rica proposes crypto projects for legal use
TL;DR Breakdown • Secretary of the country asks for its crypto project review before the end of March. • Leaders in Costa Rica believe that...
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El Salvador president astounded over ACES bill proposed by US senators
TL;DR Breakdown The US Congress appears to be concerned about El Salvador’s decision to accept Bitcoin as legal currency. The...
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SEC wins ruling to submit discovery against Ripple Labs
TL; DR Breakdown Court grants SEC permission to submit discovery against Ripple Labs The commission has seven days to submit discovery...
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Thailand bans crypto payments as of April 1
Thailand’s on-again-off-again relationship with crypto took another negative turn today with the Thai SEC’s final decision. Three...
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Thailand SEC announces ban on crypto payments
TL; DR Breakdown Thailand SEC ban crypto payments The Commission highlights ills of crypto trading Thailand plans to explore new...
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Bank of Ireland warns traders of the risks of crypto trading
TL; DR Breakdown Bank of Ireland warns traders of the risk of crypto trading The bank against misguided crypto ads Crypto firms continue...
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Winklevoss’ Gemini Payments obtains e-money operator license in Ireland
Gemini Payments, an affiliate entity of crypto exchange Gemini led by billionaire investor twins Cameron and Tyler Winklevoss, has been granted...
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A critical week as proof of work coins may still be banned in Europe
The leader MP on the Markets in Crypto Assets report for the European Parliament, Stefan Berger, has just released the timeline for the next...
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Australia eyes sweeping new crypto regulations
Australian senator Andrew Bragg has laid down a proposed regulatory framework for the crypto industry. He announced the legislative proposal...
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Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communications and Multimedia Ministry of Malaysia proposed today that digital currencies such as bitcoin ( BTC ) should be adopted as legal...