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Pushing for Crypto Self-Regulation Amid Tightening Government Scrutiny

Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to exert greater regulatory pressure on their local cryptocurrency industries.Even inter-governmental agencies like

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Government of Uzbekistan Triples Tax on Electricity for Crypto Miners

The government of the Republic of Uzbekistan has ordered a 300% increase on electricity tariffs for cryptocurrency miners.According to a Sept. 27 announcement, the Cabinet of Ministers of the Republic of Uzbekistan has decreed that cryptocurrency miners must pay three times more the existing electricity tariffs. The provision follows an

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Asset Management Giant Wants Government Money Market Fund on Stellar

American asset management firm Franklin Templeton Investments has filed a preliminary prospectus with the United States Securities and Exchange Commission (SEC) for a government money market fund with a focus on blockchain-based shares.According to a Sept. 3 SEC filing, Franklin Templeton’s fund will make investments in a range of

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South Korea’s Government Assigns Busan as Blockchain Regulation-Free Zone

The South Korean government has recently designated the second-largest city by population in the country, Busan, as a “regulation-free zone” for crypto and blockchain firms, in which they will be able to pursue their developments without worrying about regulations.The government of South Korea is planning to test Busan for “token

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