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South Korea’s largest commercial banks exploring security token platforms

0xMain
June 15, 2023

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NongHyup Bank revealed that the leading banks in South Korea, including Industrial Bank of Korea, Shinhan Bank, and Woori Bank, have joined its consortium for security token offerings. The consortium has also witnessed the participation of other financial technology companies such as Funble,...

European authorities investigate social media platforms over misleading crypto ads

0xMain
June 8, 2023

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Meta Platforms’ Instagram, Alphabet’s YouTube, TikTok, and Elon Musk’s Twitter may face regulatory action as the European consumer group BEUC has lodged a complaint with the European Commission, highlighting the alleged facilitation of misleading promotions related to crypto assets on these platforms. Protecting...

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US senator Warren to reintroduce bill on DAOs and DeFi platforms

0xMain
February 15, 2023

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Senator Elizabeth Warren is pushing for the reintroduction of a bill that would extend anti-money laundering (AML) regulations to decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) platforms. Warren argues crypto AML exemption is a danger At the Senate Banking Committee’s hearing on...