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Gemini and Ripple navigate legal hurdles, Asia boosts regulatory efforts

0xMain
May 28, 2023

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Last week was eventful for Gemini. They faced similar accusations brought by the United States Securities and Exchange Commission (SEC) as Ripple. Subsequently, they had to deal with various operational and regulatory challenges. Despite the ongoing SEC case, Ripple is still determined to...

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Terra founder gets bail, institutional adoption surges, regulatory efforts endure

0xMain
May 14, 2023

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The crypto space witnessed an eventful week with several key developments. Authorities in Montenegro agreed to release Kwon Do-Hyung, founder of the failed Terra ecosystem, on bail despite the US and South Korea calling for his extradition. Meanwhile, institutional adoption of cryptocurrencies saw...

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Asian authorities stepping up crypto regulatory efforts

0xMain
March 20, 2023

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Asian financial authorities have begun stepping up on regulatory efforts aimed at effectively overseeing the crypto industry in their respective jurisdictions. Notably, Hong Kong and Taiwan have championed these efforts, as they look to bring crypto under greater scrutiny. Hong Kong to regulate...

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White House wants Congress to “step up its efforts” on crypto regulations

0xMain
January 28, 2023

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On Friday, the Biden administration asked the United States Congress to expand regulators’ authority in policing the crypto industry. Four senior White House officials published a statement titled ‘The Administrations Roadmap to Mitigate Cryptocurrencies’ Risks.’ It urged Congress to “step up its efforts” in crypto...

Former SEC official defends regulator’s crypto enforcement efforts

0xMain
January 23, 2023

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John Reed Stark, the former U.S. SEC official, is defending the SEC’s efforts to bring enforcement regulations in the crypto industry. Blasting the “bogus” catchphrase The former SEC official has condemned “cryptocurrency lobbyists” for saying that SEC’s measures to regulate the crypto industry...