After Landmark Crypto Law, European Politicians Contemplate Building Their Own Blockchain
‘Europeum’ could safeguard values like privacy, digital minister Mathieu Michel told CryptoX, as he seeks to make Belgium a blockchain hub Source
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Landmark
El Salvador passes landmark crypto bill, paving way for Bitcoin-backed bonds
El Salvador has passed landmark legislation providing the legal framework for a Bitcoin-backed bond — known as the “Volcano Bond” — which will be used to pay down sovereign debt and fund the construction of its proposed “Bitcoin City”.The bill passed on Jan. 11 with 62 votes for and 16
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Ripple files final submission against SEC as landmark case nears end
The most talked about crypto lawsuit involving the United States Securities and Exchange Commission (SEC) and Ripple is approaching its conclusion after a two-year-long battle.On Dec. 2 the SEC and Ripple both filed redacted replies to each other’s opposition to motions for summary judgment. Ripple argued in its motion document
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EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
At a Wednesday meeting, diplomats, representing the bloc's member governments in the EU's Council, signed off on the text of laws which were the subject of a political deals struck in June, apparently without further discussion, a source briefed on the talks told CryptoX. Source
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Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA
A compromise deal that would see the use of many stablecoins limited to 1 million transactions per day is “quite a good end result,” because it will only capture real-world payments rather than trading activity, Patrick Hansen, Crypto Venture Advisor at Presight Capital, told CoinDesk in an online interview. That
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Landmark International CBDC Test Deemed Success, BIS Says
A project involving multiple Asian central bank digital currencies (CBDCs) has been badged a success, facilitating over $22 million in foreign-exchange transactions, the Bank for International Settlements (BIS) said Tuesday. Source
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EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
A leaked draft of the text, reviewed by CryptoX, shows the rules could apply to fractionalized NFTs. Source
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Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account – Regulation Bitcoin News
The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter
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Australia’s Northern Territory mulls landmark crypto gambling regulation
Australia’s Northern Territory Racing Commission (NTRC) is consulting with its gambling licensees over a tentative proposal to incorporate crypto wagering as part of the regulated gambling industry. For the most part, gambling in Australia is regulated at the state level and not federally. The NTRC oversees all gambling and wagering
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EU Agrees on Landmark Crypto Authorization Law, MiCA
The policymakers, who represent the world’s third-largest economy, have been haggling for nearly two years over the Markets in Crypto Assets (MiCA) framework. As it stood on Thursday, the legislative package sets up requirements for crypto issuers to publish a kind of technical manifesto called a "white paper," to register
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