Cryptocurrency Analysis and News Portal
Speaking to the parliament, Chairman Huang pointed out that the Financial Supervisory Commission was working on a crypto regulatory framework. The Financial Supervisory Commission of Taiwan (FSC) has announced that it will now be the primary regulatory body for cryptocurrencies in Taiwan. Some lawmakers had called for the Ministry of Digital
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Considering the regulatory struggle to keep up with ever-evolving innovations, Margrethe Vestager, the executive vice president of the European Commission, recommended a headstart into brainstorming implications of technologies such as the Metaverse and ChatGPT.Vestager highlighted how digital transition and the shift to a digital economy have brought about risk and
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StaFi's move to slash commission fees comes in the run up to the Ethereum Shanghai Upgrade, a network upgrade that encompasses a collection of improvement proposals, including one to allow investors to collect their staked, or locked-up, ether. The upgrade, which is slated for March, is expected to boost the
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“We want to make sure that the developments that we see in virtual worlds are fully in line with our European values from the outset – values such as inclusion, respect of privacy, non-discrimination and equality,” Yvo Volman, Director of Data at the European Commission's digital department, DG CONNECT, said
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According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s assets. FTC’s Objection to Voyager’s Proposed Sale
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According to the bill, the requirements that crypto companies will have to follow include the protection of users, the security and efficiency in the development of operations, the security of public savings and the prevention of money laundering, among others. Original Source
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“Our legislation will be the framework for a digital euro,” Mairead McGuinness, the European Union's financial services commissioner, told lawmakers on the Economic and Monetary Affairs Committee Tuesday. “It will be negligent if Europe did nothing now, but at some point in five or 10 years had to urgently rush
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The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other investment assets such as stocks and bonds, opening new
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The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K. is “leading the way in thinking and developing
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The Bahamas struck first and struck hard. Yesterday, there were rumors going around that their government was pressuring Sam Bankman-Fried to give them control of FTX’s assets. What sounded like a bizarre story was more than confirmed today. The Securities Commission of The Bahamas released an official document announcing the
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