Wednesday, July 17, 2024
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Singapore mulls new crypto rules, wants to ban retail traders from incentives and credit cards

The Monetary Authority of Singapore is seeking new limitations to harden crypto speculation. Singapore’s financial watchdog, the Monetary Authority of Singapore, is set to impose new rules on retail crypto investors in a bid to safeguard customers from highly speculative assets. In a statement published on Thursday, Nov. 23, MAS proposed new

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Internet Computer Contributor (ICP) Dfinity Foundation Building Tech For Blockchain-Based Recycling Incentives

Roland Berger sees blockchain technology as a "foundational element critical for its success," thanks to its decentralized model guaranteeing "a transparent, auditable, and secure record of recycling credits and transactions," according to the statement. Source

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UK FCA’s Planned Crypto Incentives Ban Could Force Firms Out of Country, Lobbyists Say

"Crypto remains high-risk and the new rules are aligned with the existing rules for promoting other high-risk investments. We’ve conducted extensive consumer research, behavior testing and considered responses to both our discussion and consultation paper on the matter," an FCA spokesperson said in an email to CryptoX. "These rules are

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UK’s Financial Watchdog FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules

Under the new rules, crypto will be classified as “restricted mass market investments,” which will require any advertisements or promotions to contain “clear risk warnings,” and bans incentives to invest such as “refer a friend” or “new joiner bonuses,” the regulator said. Source

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Fantom Launches Gas Monetization Feature with Incentives for Developers

The gas monetization functionality encourages a more inclusive and robust developer ecosystem on the Fantom platform. Blockchain protocol Fantom (FTM) announced on Twitter that it has released a gas monetization feature that will enable its developers to receive 15% of the gas commissions generated. With this groundbreaking development, Fantom is set to

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Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives

Roughly 100 people answered the call from the crypto advocacy groups Chamber of Digital Commerce, Satoshi Action Fund, and Texas Blockchain Council to show Texas lawmakers they were against legislation targeting crypto mining firms.Gathering at the Texas Capitol in Austin on April 25, crypto enthusiasts, state lawmakers, industry leaders, and

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