Florida Governor Ron DeSantis Proposes Law to Ban CBDCs
The Biden Administration is currently studying the possibility of introducing a central bank digital currency. Source
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Florida gov and US presidential hopeful calls for CBDC ban
Ron DeSantis, the Governor of Florida expected by many to throw his hat into the ring for the 2024 United States presidential race, has called for a ban on a digital dollar.Standing in front of a podium bearing the line “Big Brother’s Digital Dollar” at a March 20 press conference, DeSantis
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Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil – Regulation Bitcoin News
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value. Belgium’s Ex-Finance Minister Suggests Ban on Decentralized Digital Currencies Member of the
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‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister
Johan Van Overtveldt, a member of the European Parliament and the former Minister of Finance of Belgium, has called for a “strict ban” on crypto as a result of the current banking crisis.In a March 17 tweet, Overtveldt suggested lawmakers should consider banning cryptocurrencies as a “lesson” from the collapses
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Former Belgian Finance Minister Calls for Crypto Ban in Wake of Banking Crisis
Van Overtveldt represents the right-wing European Conservatives and Reformers, the fifth-largest political grouping in the Parliament, in the Economic and Monetary Affairs Committee. He was Belgium's finance minister from 2014 to 2018. The ECR says it's dedicated to "individual liberty .. private property ... limited government." Source
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SEC of Thailand wants public feedback on crypto lending, staking ban
Thailand's Securities and Exchange Commission (SEC) is preparing to hold a new public hearing on a potential ban on staking and lending services in the country.Thailand’s SEC officially announced on March 8 that the authority is seeking public comments on a draft regulation prohibiting virtual asset service providers (VASPs) from
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Alameda Research files suit against Grayscale over ‘self-imposed redemption ban’
Alameda Research has filed suit against Grayscale Investments in the Court of Chancery in the State of Delaware, it announced March 6. It also made claims against Grayscale CEO Michael Sonnenshein, Grayscale owner Digital Currency Group (DCG) and the group’s CEO Barry Silbert. Alameda Research is an affiliate debtor of FTX,
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Here’s how Binance is mitigating its stablecoin needs after BUSD ban
Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against its native stablecoin, Binance USD (BUSD). The SEC had sent a Wells notice, alleging BUSD violates U.S. securities law.Following the SEC’s notice, the New York Department
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UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
United Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of banks in the country to tighten restrictions on digital assets. A Bloomberg report on March 2 claims the step back is a response to warnings by
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US Senate Poised to Greenlight Bill Advocating for TikTok Ban
The US Congress is readying a votable bill to pave the way for a broader ban on TikTok to reduce Chinese control of US data. The US House Foreign Affairs Committee looks to implement legislation that could facilitate a nationwide TikTok ban. More than 100 million Americans currently use the
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