Tuesday, December 24, 2024
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Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions

Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales.On Tuesday, the official Instagram account for OJK posted a warning against the growing number of crypto Ponzi schemes and risks of crypto investments owing to the market’s volatility. The official

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Bank of Russia Bars Mutual Funds From Investing in Crypto

The Bank of Russia, the country’s chief financial regulator, issued new rules for the country’s mutual funds in a directive published Monday.Such funds cannot invest in digital currencies or in “financial instruments, the value of which depends on the prices of digital currencies.”In July, the regulator banned Russia’s stock exchanges

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NFL Bars Teams From Participating in Certain Cryptocurrency and NFT Ventures: Report – Bitcoin News

According to a recent report, the National Football League (NFL) advised teams that they could not, at least for now, sell non-fungible tokens (NFTs) and sponsorships to digital currency companies. Advertisements for specific crypto assets were mentioned alongside initial coin offerings (ICOs), according to various club sources who remained anonymous.

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UN Partners With NGO to Tokenize Chocolate Bars for Equitable Trade

The United Nations Development Programme has partnered with Dutch NGO the FairChain Foundation to use blockchain for the more equitable funding of cocoa farmers.According to an Oct. 17 report from SpringWise, the partners will launch a new chocolate bar, made with Ecuadorian-grown cocoa, together with a token-based scheme that

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