Category: Bitcoin Regulation
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Ripple Formally Responds to SEC Allegations — Claims SEC Picking Winners and Losers, Distorting Facts About XRP
Ripple Labs has officially responded to the complaint by the U.S. Securities and Exchange Commission (SEC). Besides explaining that the XRP cryptocurrency is not a security, Ripple accuses the securities regulator of being out of step, picking winners and losers, as well as distorting facts regarding the cryptocurrency. In the court document filed on Jan.…
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Ray Dalio: Bitcoin is “gold-like” but governments won’t let it win
The hedge fund manager had lots of good things to say about Bitcoin, but he doesn’t think governments will allow serious competitors to their money issuance.
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Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi
The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance.
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Indian Central Bank Sees Cryptocurrencies Gaining Popularity, Exploring Digital Rupee
India’s central bank, the Reserve Bank of India (RBI), has published a booklet with a section about cryptocurrency and the digital rupee. The central bank acknowledged that cryptocurrencies have gained popularity in recent years and confirmed that it is exploring the need for a central bank digital currency. RBI Says Crypto Has Gained Popularity, Exploring…
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Diginex’s EQUOS exchange eyes liquidity boost with GSR partnership
Diginex’s CEO says the partnership promotes his vision of creating a safe, reputable and conflict-free trading environment for crypto assets.
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Harvard Economics Professor: Governments Will Not Allow Bitcoin on a Big Scale and They Will Win
Harvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. The government will win,” he said. The professor also discussed the likelihood of a bitcoin bubble. Harvard Professor Warns of Strict…
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Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K
A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000.
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Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’
Harvard professor Kenneth Rogoff says that he doesn’t see Bitcoin succeeding, barring extenuating circumstances.
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Some Russian officials are being forced to sell their crypto by April 2021
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.
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Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review
New U.S. President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets. Biden will appoint someone to “review any new or pending rules,” the White House has announced. FinCEN’s Crypto Wallet Proposal Frozen, Pending Regulatory Review Joe Biden, the 46th president of the…