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Tag: Policy & Regulation

5 crypto exchanges in South Korea working to launch a joint consultative body

The five major crypto exchanges in South Korea are reportedly working together to launch a joint consultative body to prevent the Luna disaster from...

Jamaica adopts CBDC as legal tender in an industry-first move

Jamaica, an island country situated in the Caribbean Sea, has adopted its central bank digital currency or CBDC as legal tender in order to...

Crypto bank Custodia files lawsuit against FED for unlawfully delaying its Master Account application

Bitcoin Bank Custodia has recently filed a lawsuit against the Federal Reserve Board of Governors and the Federal Reserve City. Custodia files lawsuit against FED The...

Central African Republic takes a step further: Plans to tokenize natural resources

One of the poorest countries in the world, the Central African Republic became the second nation to adopt Bitcoin as legal tender under the...

South Korea to launch the Digital Asset Committee while accelerating regulation efforts

As the world witnessed the major collapse of the now-failed UST/LUNA model, South Korea is planning to launch a “Digital Asset Committee.” South Korea to...

The United Kingdom is facing stricter stablecoin regulations

The U.K government wants to address the risks associated with stablecoins in response to the recent collapse of TerraUSD (UST).  U.K. Government proposes stablecoin regulations The...

India ready to explore uncharted waters: Will introduce CBDC with a “graded approach”

India is all set to follow a “graded approach” for issuing a central bank digital currency, as per a report from News18, a local...

Russian Trade Ministry’s head believes the crypto mining market should be “whitewashed”

Vasily Shpak, the Deputy Head of the Ministry of Industry and Trade of the Russian Federation, recently revealed that crypto mining accounts for over...

ECB worries that crypto risks could spread to the rest of the economy

The European Central Bank (ECB) issued a report on Tuesday expressing concerns about the involvement of financial institutions in the crypto industry. ECB warns that crypto risks may spill over With the...

Ken Griffin believes that regulators should recognize Terra disaster as a wake-up call

Ken Griffin, the CEO of American hedge fund and financial services company, Citadel Capital, believes that the Terra (LUNA) tragedy should be recognized as...

Pakistan to tax crypto and make it a “revenue goldmine” 

During a discussion with journalists on the role of cryptocurrencies in Pakistan’s economy, officials said that the country could potentially generate $90 million per...

Portugal gearing on taxation framework for cryptocurrencies

Portugal, the country famous as a tax haven for digital assets investors, will soon witness its citizens focusing on crypto taxation. Portugal to bring a...

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