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South Korea focuses on OTC crypto regulations as unlawful deals reach $4B

South Korean regulators have turned their focus to over-the-counter (OTC) crypto trades amid growing concerns about its use for criminal activities. The financial regulators in the country are reportedly monitoring the OTC crypto market trades.According to a report published in a local daily, deputy chief prosecutor Ki No-Seong and Park

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BTC price focuses on $26K as Bitcoin traders brace for CPI volatility

Bitcoin (BTC) returned above $26,000 on June 13 as analysts eyed resistance overhead. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin price inches between trend linesData from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily close.The pair had seen a curiously uneventful start to

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US House stablecoin hearing focuses on competing bills for regulation

State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House Committee on Financial Services’ new Subcommittee on Digital Assets, Financial Technology and Inclusion heard testimony from five experts as it considered two proposed bills to

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Deloitte blockchain initiative focuses on digital identity verification

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deloitte Consulting ventures into the blockchain realm by developing digital credentials using the KILT Protocol, with the potential to transform industries such as banking, e-commerce, and decentralized finance. Deloitte Consulting just revealed its new movement into

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US Congressional hearing on digital asset regulation focuses on disclosure

Disclosure was an important theme at a United States House of Representatives hearing on digital asset regulation Thursday. Although chair of the House Agriculture Committee Subcommittee on Commodity Exchanges, Energy and Credit Sean Maloney specified that it would focus on gaps in the oversight and regulation of derivatives and underlying

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