Friday, December 9, 2022
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SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: “I continue to be impressed with our Division of Enforcement.” SEC Focused on

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Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana – Emerging Markets Bitcoin News

Yellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority, Yellow Card’s license allows the crypto exchange to bolster its operations on the continent. Working With Regulators The Africa-focused cryptocurrency

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Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’

In September 2021, enterprise blockchain and crypto solutions company Ripple launched the Ripple Creator Fund, a $250 million initiative committed to providing creators with the financial, creative and technical support needed to create nonfungible tokens (NFTs) and other tokenization projects on the XRP Ledger.On Oct. 18, Ripple disclosed the second

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Konami Launches Metaverse Push With Web3 Focused Hiring Spree – Blockchain Bitcoin News

Konami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments that will be responsible for developing the new projects to spearhead Konami’s latest business strategy. Konami

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El Salvador focused on bringing investment to Bitcoin City, says ambassador

El Salvador, which became the first nation to make Bitcoin (BTC) a legal tender in September last year, is currently focused on building a Bitcoin City. There have been several delays and disruptions in the plans since its announcement last year owing to the bear market-led investment drought and geo-political

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CTFC commissioner proposes office focused on retail crypto investors

Commodity Futures Trading Commissioner (CFTC) Caroline Pham has proposed the creation of an “Office of the Retail Advocate” aimed at expanding the CFTC's consumer protection mandate.Pham referred to the office as a “voice for the people” in a speech given at an event hosted by blockchain project Corda on Sept.

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Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products – Regulation Bitcoin News

The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or by

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Huobi Global launches $1B investment arm focused on DeFi and Web3

Digital asset exchange Huobi Global has spun out a new investment arm focused on decentralized finance (DeFi) and Web3 projects, further highlighting venture capital interest in the blockchain economy. Dubbed Ivy Blocks, the new investment arm has over $1 billion in crypto assets under management to deploy, a spokesperson for Huobi

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