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Japan pushes for friendlier environment for crypto with Web3 proposals

The Web3 project team of Japan's ruling Liberal Democratic Party has released a white paper containing suggestions for expanding the nation's industry, which has been incorporated into the national strategy by Prime Minister Fumio Kishida's administration.The Web3 project team aims to bypass the usual bureaucratic processes to formulate regulatory proposals

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US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier

Two United States government financial officials gave speeches on Sept. 7 in which they expressed their positions on crypto regulation. Both had reservations about crypto.Michael Barr, who was recently appointed United States Federal Reserve Board vice chair for supervision, made his first speech in his new capacity at the Brookings

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Bitcoin Tops $41K as Yellen’s Leaked Comments Signals Friendlier Stance in Biden’s Crypto Order

Bitcoin (BTC) rallied early on Wednesday, pushing the broader crypto market higher after U.S. Treasury Secretary Janet Yellen's leaked remarks revealed that President Joe Biden's impending crypto order would take a constructive approach in regulating the digital assets industry. Source

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Indian Govt Submits Bill That Would Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure

The Indian government still seeks to ban most cryptocurrencies under a long-awaited cryptocurrencies bill submitted for consideration at Parliament’s so-called Winter Session.While the measure appears to be essentially the same as the draft bill submitted in January, expectations had grown in recent months that the government had softened its view

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