CryptoSlate
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Hungary issues draft law allowing banks to offer crypto services
Hungary is advancing a legislative proposal that would enable banks, investment funds, and asset managers to offer services in Bitcoin and other...
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Webull ended crypto offerings due to SEC opposition during past IPO attempts
Online brokerage Webull decided to cut its crypto offerings because of the unfavorable regulatory landscape in the US as it waits for approval to...
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Binance drops Nigerian naira from P2P platform amid forex manipulation concerns
Crypto exchange Binance has removed Nigeria’s fiat currency, Naira, from the national currencies it supports on its peer-to-peer platform,...
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Senator Warren asserts desire for crypto collaboration while claiming industry accepts criminals
Senator Elizabeth Warren expressed willingness to engage the crypto industry if players in the industry adhere to regulatory standards akin to...
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Singapore grants HashKey OTC in-principle approval for major payment institution license
HashKey, the operator of one of Hong Kong’s licensed crypto exchanges , secured an in-principle approval from Singapore’s leading...
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Chamber of Digital Commerce files amicus brief supporting Kraken in SEC lawsuit
The Chamber of Digital Commerce filed an amicus curiae defending crypto exchange Kraken in the lawsuit initiated by the US SEC, according to...
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Ted Cruz spearheading anti-CBDC bill over financial privacy, government overreach concerns
A group of Senate Republicans, led by Senator Ted Cruz of Texas, is taking legislative steps to restrict the Fed’s capacity to introduce a...
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US agencies pause Biden-sanctioned emergency miner survey following lawsuit
The Energy Information Administration (EIA) paused the controversial survey of crypto mining firms on Feb. 23 following a lawsuit from members of...
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Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners
House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect data on...
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South Africa advances financial inclusion with crypto and digital payment reforms
South Africa announced plans to weave digital payments and crypto into its financial fabric to boost the economy for marginalized groups. The...
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ECB officials attack Bitcoin with call of ‘practically forbidding it’
European Central Bank (ECB) officials stand firm on their assessment that Bitcoin holds no inherent value, despite its recent surge beyond...
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Nigerians turn to VPN as government blocks access to Binance, Coinbase, others
Binance has acknowledged reports of Nigerian users encountering difficulties accessing its official website following the government’s...
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Top SEC crypto lawyer leaves to join pro-crypto firm, regulator facing new lawsuit
A key member of the US Securities and Exchange Commission’s (SEC) legal team, Ladan Stewart, stepped down from her role at the agency to...
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Binance accused of manipulating Nigerian Naira as ‘glitch’ impacts P2P traders
On Feb. 21, Bayo Onanuga, a special adviser to Nigerian President Bola Tinubu, accused Binance of “blatantly setting exchange rate for...
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Hong Kong issues regulatory standards for tokenized financial products
The Hong Kong Monetary Authority (HKMA) unveiled comprehensive regulatory standards on Feb. 20 for the sale and distribution of tokenized...