Category: Government
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Decentralization in the centers of power: Learn crypto from Biden’s SEC chair pick, part 3/3
The next leader of the U.S. securities regulator seems to be sympathetic to the mission of decentralization.
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Dubai financial regulator working on regulations for cryptocurrencies
The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021.
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Ecuadorian Presidential Candidate Proposes a National Cryptocurrency but It Won’t Replace the Dollar
An Ecuadorian presidential candidate hinted at creating a cryptocurrency in the country as part of its government agenda. Giovanny Andrade said that the national crypto aims to “facilitate” transactions across the country. Crypto Could Be Backed by Gold During an interview with Primicias, Andrade, representing the Union Ecuatoriana party, believes its cryptocurrency idea is a…
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Huobi Korea scores certification from Korea Internet and Security Agency
The South Korean arm of global crypto giant Huobi has acquired an ISMS certification to comply with the upcoming Special Payment Act.
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British financial advisor calls on the gov’t to ban crypto transactions
Veteran financial advisor Neil Liversidge came to the U.K. Government and Parliament with a petition to ban crypto transactions.
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China’s blockchain project BSN to pilot global CBDC system in 2021
China is building a new system to integrate international central bank digital currencies as part of its national blockchain project, the BSN.
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Bitcoin bubble will pop sooner or later, says famous Russian BTC critic
Anatoly Aksakov of the Russian State Duma suggested that global jurisdictions should ban Bitcoin as a payment method.
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Treasury backs down: Crypto monitoring rule will wait until new administration
This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian.
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South Korea’s tourist hotspot launches DLT-based app tracing COVID-19
Jeju Island and blockchain company Iconloop are proceeding with a full rollout of their COVID-19 contact tracing app following successful pilots.
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Digital ruble could be still vulnerable to fraud, Russian banks warn
The Association of Russian Banks is worried about regulators being unable to track illicit transactions of an offline-enabled digital ruble.