Tag: Regulation

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Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
news-12072024-125753

Bitcoin as Reserve Currency to Strengthen the Dollar

Senator Cynthia Lummis from Wyoming recently stated that incorporating Bitcoin into the US financial system could potentially strengthen the US dollar and help it maintain its global dominance. During an interview on Fox Business,...
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Tether Partners with Dutch Firm to Launch MiCA-Compliant Stablecoins

Tether has recently made an investment in a Dutch fintech company called Quantoz to launch two new stablecoins, EURQ and USDQ. These stablecoins will be compliant with the EU's Markets in Crypto-Assets Regulation (MiCA)...
news-06102024-091014

Is DeFi Ready for Mass Adoption? Exploring the Impact of Regulation

Decentralized finance, also known as DeFi, has surpassed $100 billion in total value locked, indicating that this innovative technology is no longer in its experimental stages but rather a global movement. This growth has...
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Kraken Launches MiCA-Compliant Euro & Dollar Stablecoins

Stablecoins are becoming more popular, and a Netherlands-based fintech firm, Quantoz, is looking to make its mark on the European market. The company has announced the launch of regulatory-compliant stablecoins pegged to the euro...
news-15062024-024713

Benefits of Securities Tokenization Acknowledged by SEC Commissioner UyedaBenefits of Securities Tokenization: SEC Commissioner...

SEC Commissioner Uyeda recently highlighted the numerous benefits of securities tokenization, emphasizing the advantages of representing asset rights with digital tokens on a blockchain. He pointed out that this method offers increased security, transparency,...
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U.S. House Passes Crypto Illicit Finance Bill: Senate Rebuff Expected

The U.S. House of Representatives has passed a bill focused on investigating the illicit use of cryptocurrency in activities such as terrorism and money laundering. The bill, sponsored by Rep. Zach Nunn, aims to...
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Vitalik Buterin Criticizes U.S. Crypto Regulation as ‘Anarcho-Tyranny’

Vitalik Buterin, the co-founder of Ethereum, recently expressed his concerns about the current state of cryptocurrency regulation in the United States. He believes that the classification of cryptocurrencies as securities and subjecting them to...
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German Government Agency Transfers $425M Bitcoin to Crypto Exchanges

A German government agency recently transferred $425 million in bitcoin to another wallet, with some of the funds being sent to crypto exchange deposit wallets. The transactional data revealed that deposits worth $32 million...

Belarusian government Investigates potential Transfer into crypto mining

Belarus is analyzing the cryptocurrency sector for a possible move into mining electronic coins such as Bitcoin (BTC).Minister Viktor Karankevich explained that the crypto mining market is rapidly growing all around the world in...