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Cryptocurrency Future Still Uncertain in India over the Proposed Anti-Crypto Bill

There has been a lot of pandemonium in India’s crypto community following the legislators’ attempt to pass an anti-crypto bill that strongly prevents anyone from having any part in cryptocurrency. This includes holding, selling, buying, transferring, and exchanging any type of digital asset.Like most countries, the Indian government is scared

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The Company Behind Zcash Announces Proposed Solution to Trusted Setup

Electric Coin Company (ECC), which launched and supports the development of privacy-coin Zcash recently published a paper called: Halo: Recursive Proof Composition without a Trusted Setup.On Sept. 10, ECC announced in a blog post that engineer and cryptographer Sean Bowe had discovered a way of “creating practical, scalable and

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BNY Mellon to Act as Transfer Agent for Bitwise’s Proposed Bitcoin ETF

Bank of New York Mellon has been appointed to serve as transfer agent and administrator of  Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States Securities and Exchange Commission (SEC) on Sept. 11. The amendment also lists major

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North Carolina Congressman Wants to End Double Taxation on Crypto with Proposed Tax Bill

The Virtual Value Tax Fix Act was reintroduced in the U.S. House of Representatives by North Carolina’s Rep. Ted Budd (R). The bill, which was first presented on July 25, aims to end the double taxation and record-keeping of cryptocurrency transactions by amending 1986’s Internal Revenue Code. Budd has called

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US Lawmakers Push to Keep Big Tech Out of the Financial World with New Proposed Legislation

In a legislative draft titled “Keep Big Tech Out Of Finance Act,” members of the US Democratic Party are working towards passing stringent rules to discourage big tech firms eyeing the financial market.This legislation is especially targeted at big firms such as Facebook who wants to function as a financial

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Crypto Advocacy Center Says Proposed UK AML Regulations Violate Privacy Rights

Coin Center — a nonprofit research and advocacy center focused on crypto-related public policy issues — has urged Her Majesty’s Treasury not to over-broaden the scope of the United Kingdom’s anti-money laundering/counter terrorism financing (AML/CFT) regulations.The development was revealed in an official Coin Center news release published on June

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NYSE Arca Files Proposed Rule Change with SEC for Bitcoin-, T-Bills-Backed Investment Trust

NYSE Arca has filed a proposed rule change with the United States Securities and Exchange Commission (SEC) for an application to list shares in a bitcoin (BTC) investment trust that would be backed by the cryptocurrency and T-bills. The development was revealed in an SEC filing published on May

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