Regulation
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China’s PBoC Advocates For Unified Global Crypto Regulations
People’s Bank of China (PBoC) highlighted the importance of regulating cryptocurrencies and decentralized finance (DeFi). The bank emphasizes the need for a…
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UK Introduces The Digital Securities Sandbox In Crypto Hub Status Hunt
The UK published new regulations on Monday enabling the country’s financial regulators to test digital products and solutions. An explanatory memo of…
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Tether Unveils Detailed Anti-Illicit Crypto Plans In Letters To US Congress
Tether has publicly shared letters addressed to the US Congress, highlighting insight against Illicit crypto usage in the crypto space. Addressed to…
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South Korea Mandates Exchanges To Pay Crypto Interest On Customer Deposits In New Law
South Korea has published crypto rules requiring virtual asset services providers (VASPs) to pay customer fees for using their deposits. The draft…
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Zipmex Halts All Trading Activities In Thailand
The crypto exchange Zipmex has suspended all trading activities in Thailand. This decision, as outlined in their recent statement, is aimed at…
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Tether, Bitfinex Yield To New York Freedom Of Information Law Request
Tether and Bitfinex have opted to cease their opposition to a New York Freedom of Information Law (FOIL) request led by a…
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Binance’s $3.9 Billion USDT Transfer Sparks Speculation Amidst CEO’s Guilty Plea
The recent guilty plea of Binance and its CEO for money laundering charges has raised questions about the company’s massive movement of…
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Binance Could Pay A Record $4B To Settle Case With The U.S. Justice Department
Binance is reportedly discussing with the U.S. Justice Department about settling its long-standing case with the regulators. The Justice Department could demand…
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SEC Postpones Decision On Grayscale’s Ethereum Futures ETF Application
The U.S. Securities and Exchange Commission (SEC) postponed its decision regarding the application for a Grayscale Ethereum futures exchange-traded fund (ETF). Initially…
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FTX Sues Bybit In $900 Million Legal Clash
FTX has sued Bybit Fintech and its affiliates to reclaim a staggering $953 million. This move is part of FTX’s ongoing efforts…