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FATF Publishes Crypto Guidance, Why The DeFi Sector Could Be At Risk

The Financial Action Task Force (FATF) has published an update on their virtual assets and virtual asset service provides guidance with a special focus on the DeFi sector. A market gaining more attention from regulators and government agencies around the world, the FATF proposal could usher a new crackdown on crypto and related companies. Related […] дальше »

2021-10-29 01:00


Crypto Can Eventually Replace the Dollar As “The Reserve Currency of the World,” says US Senator Rand Paul

Senator Rand Paul (R-Ky. ) sees cryptocurrency replacing the US dollar one day because more and more people are losing confidence in governments. “I've started to question now whether or not cryptocurrency could actually become the reserve currency of the world as more and more people lose confidence in government. дальше »

2021-10-26 21:03


Australia's regulatory report inspired by Ripple's 'technology-agnostic' principle

America and Australia: while the former's Securities and Exchange Commission [SEC] filed a lawsuit against the blockchain company Ripple, the latter country used Ripple's insights in a government repoThe post Australia's regulatory report inspired by Ripple's 'technology-agnostic' principle appeared first on AMBCrypto. дальше »

2021-10-24 14:00


China Completely Blacklists Crypto Mining, Adds It To The “Negative List For Market Access”

China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […] дальше »

2021-10-13 14:50


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Sri Lanka to adopt crypto? Committee formed to study regulations and rules

The panel’s mandate will include exploring KYC processes, digital banking, blockchain for attracting investments, terrorism financing, and anti-money laundering. The government of Sri Lanka approved the formation of a panel to study the regulations and rules applicable to blockchain, digital banking, and crypto mining in other countries. дальше »

2021-10-8 12:24


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SEC Chair Gary Gensler says the US government will not ban cryptos

Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), has said the regulator does not plan to ban digital assets. Gensler made this comment on October 5 during a House of Representatives hearing after Republican lawmaker Tedd Budd asked whether the SEC could follow in China’s footsteps and impose an outright ban on […] The post SEC Chair Gary Gensler says the US government will not ban cryptos appeared first on Invezz. дальше »

2021-10-7 15:57


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El Salvador Incentivizes Use Of Bitcoin By Subsidizing Fuel Cost

El Salvador is seeking to increase the adoption of Bitcoin by offering a fuel subsidy. The government will offer a $0.20 subsidy on each gallon of petrol purchased using the Chivo wallet. The announcement has received criticisms from certain quarters of the country but plans are already underway. El Salvador shows no signs of slowing […] дальше »

2021-10-6 18:25


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Edward Snowden Believes Bitcoin Has Emerged Stronger From China’s Crypto Ban

Infamous American whistleblower Edward Snowden has weighed in on the conversation surrounding China’s cryptocurrency ban, stating that the ban has actually strengthened bitcoin. Edward Snowden: Government Crackdowns Have Strengthened Bitcoin The former United States contractor who leaked National Security Agency (NSA) documents revealing that the agency was spying on private citizens who were not part […] дальше »

2021-10-5 20:04