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The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the law, these could funds may be retrieved if the account holders’ prove their … Read more
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week. Go to Source Powered by WPeMatico
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto … Read more
The Nigerian central bank digital currency was originally slated for launch earlier this month but was delayed. Go to Source Powered by WPeMatico
With a rise in distributed political discourse, nonfungible tokens can provide exciting new opportunities for self-governance. Go to Source Powered by WPeMatico
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo. Go to Source Powered by WPeMatico
Russian authorities continue to show increasing interest in cryptocurrencies as Bitcoin nears a new all-time high. Go to Source Powered by WPeMatico
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines. Go to Source Powered by WPeMatico
“Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. Go to Source Powered by WPeMatico
