Argentina to Regulate Cryptocurrency Exchanges With Executive Order

Argentina to Regulate Cryptocurrency Exchanges With Executive OrderThe government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list, putting crypto service lenders under the oversight of the local securities watchdog. Argentina Reportedly Set to Regulate Cryptocurrency Service Providers by […]

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Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF

Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs 'Inevitable' — Embraces Idea of XRP ETFRipple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based on crypto tokens other than bitcoin. “I think it’s inevitable that there’ll be multiple ETFs around different tokens,” he stressed, noting that Ripple would welcome an XRP ETF. “In my opinion, it makes these markets […]

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Charles Hoskinson Signals Alert of Legacy Finance’s Creeping Influence in Crypto

Charles Hoskinson Warns of Crypto's Creeping CentralizationIn a video address, Charles Hoskinson casts a spotlight on the advance of traditional financial mechanisms into the realm of cryptocurrency, warning that the essence of digital currencies is at stake. Charles Hoskinson Warns of Crypto’s Creeping Centralization In a recent video titled “Legacy is Eating Crypto,” Charles Hoskinson, the co-founder of Ethereum and Cardano, […]

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Major Party in South Korea Proposes to Defer Cryptocurrency Taxation

Leading Party in South Korea Proposes to Defer Cryptocurrency TaxationThe People Power Party, a major political party in South Korea, has proposed to defer cryptocurrency taxation for up to two years as part of a general election pledge. The Korean government has already postponed establishing cryptocurrency taxation until 2025 when income generated from cryptocurrencies will be taxed at 22%. South Korea to Delay Cryptocurrency […]

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Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi

Blockchain Basics Act Introduced in Ohio, South Carolina, and MississippiThe Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states and passed in Missouri. Blockchain Basics Act Regulation Reaches Ohio, South Carolina […]

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Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined

Peter Schiff Warns SEC Could Change Definition of 'Security' — Expects Lots of Investors to Be Retroactively FinedEconomist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authority to unilaterally change the definition of a ‘dealer,’ I expect lots of private investors to be retroactively […]

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Peter Brandt Warns Against Trusting SEC Chair Gary Gensler — Says He Has Long History of Not Protecting Investors

Peter Brandt Warns Against Trusting SEC Chair Gary Gensler — Says He Has Long History of Not Protecting InvestorsVeteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted. He stressed that Gensler “has a long history of not looking out for the interests of investors.” Brandt further emphasized that the SEC chairman “was instrumental in the bankruptcy” of a major company and was […]

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Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’

Treasury Official Confirms Crypto Isn't a Popular Tool for Terrorists — Says They Prefer Traditional ProductsU.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also admitted that “digital assets were not even a popular tool for Hamas or the Palestinian Islamic Jihad” and “Hamas is using crypto in relatively small […]

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Deutsche Börse Group’s Crypto Subsidiary Granted Four Licenses by the German Regulator

Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AGA subsidiary of the German multinational company Deutsche Börse Group has been granted four licenses by the German Federal Financial Supervisory Authority or Bafin. The licensing of the subsidiary helps to distinguish its product offering “as one of the few to meet these exceptionally high standards.” Cementing Crypto Finance’s Position in the European Digital Asset […]

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South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions

Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its annual work plan incorporates the insights of cryptocurrency experts serving on its advisory committees. South Korea to Deploy System for Identifying Suspicious Transactions South […]

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