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El-Salvador submits New Bill to legalize Cryptocurrencies
El Salvador’s Economy Minister, Maria Luisa Hayem Brevé, has proposed a Digital Assets Issuance Bill. In this extensive document, a legal framework for the acceptance of all cryptocurrencies in El Salvador has been formally detailed…
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These Countries Were Majorly Impacted by The FTX Collapse
The shock-waves sparked by the FTX and Alameda’s fallout have awakened regulators’ attention on centralized cryptocurrency exchanges. While the timeline for recovering FTX assets may take years, global regulators have taken this period to implement…
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Joe Biden Talks About Robust Regulations for Cryptocurrency After FTX Debacle
Sam Bankman-Fried, the former CEO of , has been under fire from lawmakers and authorities on both sides of the aisle as the company teeters on the verge of collapse. To avoid a repeat of…
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Ripple Seeking Licence in the Republic of Ireland
Ripple, a cryptocurrency business based in the United States, is trying to expand its influence in Europe, according to its top lawyer. In an interview with CNBC earlier this week, Ripple General Counsel Stuart Alderoty…
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Ripple’s White Paper Intends To Facilitate UK Crypto Regulations, Here’s How
Ripple has released a new whitepaper outlining how the United Kingdom can take the lead in setting crypto standards, making it one of the most appealing centers for the crypto sector, alongside Dubai, Singapore, and…
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Congressman Brad Sherman Blames ‘Billionaire Crypto Bros’ for the FTX Collapse
Congressman , Chairman of the Subcommittee on Investor Protection and Capital Markets, in a statement regarding the collapse of FTX, has blamed ‘billionaire crypto bros’ for deterring proper regulations in the United States. According to…
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CBDC’s May Require Global Regulation, According to an EU Commissioner
The Central Bank Digital currencies are digital tokens that are issued by a central bank and resemble cryptocurrencies. They are linked to the value of the fiat currency used in that nation. CBDCs are being…
Read More » Crypto Giants Get Hugely Involved In The US Election Campaign Donations To Bypass Legal Scrutiny
As the US midterm elections are around the corner, crypto giants of the space have come up investing massively in electoral campaigns to immensely influence the Republican and Democratic parties. A wide range of US…
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The Canadian Federal Government Set to Launch Stablecoins and CBDC
The rise of cryptocurrencies has significantly threatened global governments worldwide, and Canada is no exception. As a measure to keep control, international governments are working on digitizing their respective currencies through Central Bank Digital Currency…
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India’s High Tax on Crypto Will Kill the Industry – Says Binance CEO
Binance CEO , during the Global fintech panel in Singapore, said that the high tax rates on crypto would kill the industry in India. These sentiments come after the government of India introduced a tax plan…
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