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Ethereum Devs Once Again Approve ASIC-Resistant Algorithm ProgPoW

Ethereum (ETH) core devs once again discussed the proposed Application Specific Integrated Circuit (ASIC)-resistant Proof of Work (PoW) algorithm ProgPoW during their weekly meeting on March 15. This week, the devs again reached an overall consensus that the algorithm should be implemented, while the timeline for its implementation remains

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Mauritius Regulators to Approve Digital Asset Custodian Licensing Framework

The Mauritanian Financial Services Commission (FSC) is establishing a regulatory framework for digital asset custodian services, according to an official announcement published on Feb. 8.The new regulation will be effective as of March 1 and will require custodian services “to comply with the applicable framework for [Anti Money Laundering] AML/CFT

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SEC Commissioner Jackson Thinks Regulator Will Approve BTC ETF, Leaked Interview Shows

A Bitcoin (BTC) exchange-traded fund (ETF) will most likely ultimately gain approval from the United States securities regulator, according to a commissioner. The comments were reported by political journal Congressional Quarterly in a forthcoming interview leaked on Twitter on Feb. 5.Robert J. Jackson Jr., the Securities and Exchange Commission (SEC)’s

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Regulators Approve Startup’s Bitcoin Sidechain Trial for Exchanges

Japanese blockchain development company Crypto Garage announced it had gained regulatory permission to trial its settlement system using Blockstream’s Liquid Sidechain, Cointelegraph Japan reported Jan. 21.Crypto Garage, which claimed to be the first such blockchain finance project to get the green light under the Japanese government’s regulatory sandbox scheme, will

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New York Financial Regulators Approve Blockchain Payments System

The Department of Financial Services of New York (NYDFS) has authorized a blockchain-based digital platform offered by a local bank, an official NYDFS press release states Dec. 4.NYDFS superintendent Maria T. Vullo announced today that the department authorized New York-based Signature Bank to offer its digital payment platform Signet in

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SEC Chairman Jay Clayton Reveals Why The Regulator Will Not Approve A Bitcoin ETF

Jay Clayton, the Chairman of the US Securities and Exchange Commission (SEC), mentioned at a conference in New York that it’s unlikely for regulators to approve a Bitcoin Exchange Traded Fund (ETF) anytime soon. According to UK Business Insider’s Article published on November 28, 2018, Clayton believes that the current

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