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Wyoming is leading the race to enact crypto friendly legislation to stir crypto activity in the US state.Before 2019, the western state has been conservative with its approach towards money-transmission. However, a new generation of lawmakers are turning the tide and transforming the financial thread of the state to allow
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China's central bank has formally issued a new plan to crack down on crypto businesses. Source
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China is expected to launch its first state-backed cryptocurrency in few months. Now it has been reported that with the backing of the Central Bank of China, this digital currency will be first received by 7 different institutions.Former employee of China Construction Bank, Paul Schulte, has said that the Industrial
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