Crypto and Laws
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New funding round will value NFT startup Dapper Labs at more than $7.5 billion: report
Dapper Labs, the NFT development platform behind NBA Top Shot, is raising money at a $7.5 billion valuation in a round led by Coatue Management,...
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Former SEC Director who led Ripple action lands new role at Ethereum law firm
According to news outlet Bloomberg , Marc Berger, who stepped down from his role at the US Securities and Exchange Commission (SEC) in January,...
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The Riksbank reveals tentative five-year timeframe for a central bank e-krona
The governor of the Riksbank, Sweden's central bank, has laid out a tentative timeframe for the e-krona, its planned digital currency. On April...
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The Central Bank of Russia releases plans for digitizing national payments by 2023
On April 14, the Central Bank of Russia released a comprehensive strategy for the next three years of payments development in the country....
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Turkey central bank sets to ban payment in cryptocurrency
TL;DR Breakdown: The central bank of Turkey is set to ban cryptocurrency payments by the end of the month. The bank said cryptos are...
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Switzerland: Burqa Ban Approved by Voters
(Apr. 16, 2021) On March 7, 2021, Swiss voters approved by a vote of 51.21%–48.79% a popular initiative that prohibits covering...
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Cathie Wood’s ARK funds bought more Coinbase shares worth over $110 million
Cathie Wood's ARK funds purchased more Coinbase shares on Thursday, worth over $110 million. Specifically, ARK Investment Management bought a...
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A close look at trading volumes on Uniswap and SushiSwap
Quick Take Upcoming DEX updates will lead to an increased userbase and capital efficiency. A small part of Uniswap’s volume was...
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China coal mine accidents may be behind bitcoin’s hash rate drop
Recent security incidents in several coal mines in China appear to have had a ripple effect on bitcoin's mining hash rate. Over the past two...
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At Congressional hearing, panelists question why crypto and fintech firms need bank licenses
Congress gathered a group of legal experts Thursday for a hearing on fintech's use of bank licenses. Ultimately, much of the dialogue centered...
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Coinbase nabs a top 10 slot in Apple’s US App Store for the first time since January
Coinbase became the ninth most downloaded app on the Apple App Store for the United States as of Thursday. Coinbase’s app broke into...
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Proposed Miami-Dade crypto task force would explore whether to accept crypto for county payments
Residents of Miami-Dade County in the U.S. state of Florida may one day be able to pay their taxes in the form of cryptocurrency. A memorandum...
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Biden calls out crypto’s use in sanctions evasion in executive order response to Russian cyberattacks
US President Joe Biden's White House issued an executive order on Wednesday morning declaring a national emergency and expanding sanctions in...
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Macau’s high-rolling casino industry faces a digital currency threat
The island-nation of Macau is inching closer to the launch of its state-backed digital currency as it looks to shed off money launderers and...
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Coinbase, Ledger, and other crypto services impacted by client sync issue following Ethereum’s Berlin hard fork
Ethereum's latest network upgrade, Berlin, went live on Thursday morning. But a syncing issue appears to have snarled a number of companies and...