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BlackRock CEO Larry Fink Is Pro-Bitcoin, Calls It An International Asset

BlackRock CEO Larry Fink has taken a friendlier stance towards Bitcoin and the broader crypto space. Fink described Bitcoin as an international asset that he would like to democratize.BlackRock is looking to work closely with regulators in the U.S. to further Bitcoin adoption through a spot BTC ETF. Larry Fink previously dismissed

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Blockchain Australia CEO calls for unified efforts to stamp out crypto scams

Blockchain Australia’s new CEO, Simon Callaghan, is urging Australia’s banks, the government and the crypto industry to come together to combat rising cryptocurrency scams.Speaking on the final day of Australian Blockchain Week in Melbourne on June 30, Callaghan announced the association will now be focused on helping prevent scams that

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Polygon $MATIC ‘2.0’ Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand

"Unified liquidity is the key to everything in Polygon 2.0,” said Brendan Farmer, the co-founder of Polygon in a press release. “We need to support unlimited scalability, but the entire Polygon 2.0 ecosystem must still feel like using a single chain. The validity of cross-chain transactions is guaranteed by ZK

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Italy’s central bank calls for framework to prevent stablecoin runs

Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins. The central bank’s recently released Markets, Infrastructures and Payment Systems report for June 2023 has called on regulators to apply the same financial

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RBI lists risks of stablecoin for developing economies, calls for global regulation

Stablecoin has a lot of potential to harm emerging markets and developing economies, the Reserve Bank of India (RBI) claimed in its latest Financial Stability Report, released June 28. The report listed six threats that stablecoin presents.The RBI has been a steadfast critic of cryptocurrency, but it was particularly articulate

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US lawmaker calls for info from Treasury and SEC on crypto market structure bill

California Rep. Maxine Waters, ranking member of the United States House Financial Services Committee, has called on leadership at federal regulatory agencies to weigh in on a proposed framework for digital assets.In separate letters dated June 23, Waters requested Treasury Secretary Janet Yellen and Securities and Exchange Commission (SEC) Chair

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U.S. Senator Chuck Schumer calls for ‘comprehensive’ AI legislation

The United States majority Senate leader Chuck Schumer plans to call for “comprehensive legislation” regarding safety measures for artificial intelligence (AI). Schumer has remarks planned for a meeting at the Center for Strategic and International Studies in Washington D.C. on June 21, during which he will highlight the urgency for bipartisan

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