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Novogratz calls for liberal crypto regulations, names AI as real threat

0xMain
March 29, 2023

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Mike Novogratz has urged US authorities to take a more liberal approach toward regulating crypto. The Galaxy Digital CEO says the current onslaught on the web3 space, majorly due to Sam Bankman-Fried’s alleged fraudulent practices, is akin to “throwing away the baby with...

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G7 to support tighter global crypto regulations

0xMain
March 27, 2023

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The international Group of Seven, better known as the G7, is reportedly primed to push for stronger cryptocurrency laws to boost the sector’s transparency and improve consumer protection. A report published by a leading Japanese news agency, Kyodo News, claims that G7 intends...

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CryptoWallet renews Estonian license amid tightened regulations

0xMain
March 17, 2023

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CryptoWallet becomes one of the few companies that managed to renew an Estonian virtual asset provider license amid tighter regulatory measures toward crypto companies in the EU. According to a press release shared with crypto.news on March 17, CryptoWallet received a stamp of...

Indian government announces new crypto regulations

0xMain
March 9, 2023

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India’s stance on cryptocurrency and token transactions has been a topic of much discussion in recent times. Now, the country’s finance ministry has issued a notice outlining its plan to regulate virtual digital assets and clarifying the application of anti-corruption regulations in the Prevention...

Argentina’s NSC set to establish regulations for crypto businesses

0xMain
February 8, 2023

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Crypto companies domiciled in Argentina will be subjected to the newly established regulatory requirements of Argentina’s National Securities Commission (CNV). According to the CNV, the fundamental motivation behind the new regulations for cryptocurrency businesses is to adhere to the global standards demanded by...

Justin Sun claims China will implement crypto regulations through tax policies

0xMain
January 30, 2023

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According to Justin Sun, China is moving towards crypto legitimacy by imposing a tax on crypto transactions. The move signifies that the Chinese government views crypto assets as a legitimate wealth source and storage vehicle. China’s crypto transaction tax policy Justin Sun, head...

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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...

EU imposes strict regulations on banks holding crypto

0xMain
January 24, 2023

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European Union lawmakers have imposed strict measures for banks holding digital assets in a bid to limit the amount of unregulated cryptocurrency that banks can hold. Strict rules for banks holding cryptocurrencies The European Union (E.U.) Parliament’s Economic and Monetary Affairs Committee has...