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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Japan Blockchain Association (JBA) has reportedly requested Prime Minister Fumio Kishida to revise the nation’s tax system concerning crypto assets. The JBA has put forward three main changes to promote the expansion of the crypto industry and make
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Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions’ approach to perceived crypto risks, defining four categories of crypto assets
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The federal judge overseeing the criminal case against former FTX CEO Sam Bankman-Fried (SBF) has proposed an order preventing all involved parties and their attorneys from largely contacting the media.In a July 24 letter filed with United States District Court for the Southern District of New York, Judge Lewis Kaplan
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied US congressman Warren Davidson has voiced his concerns on central bank digital currencies (CBDCs), claiming they should be banned and criminalized. In a tweet on July 23, the congressman described the Federal Reserve’s efforts as “building the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Senate is again preparing to tackle crypto industry regulation through a new bill. The proposed Crypto-Asset National Security Enhancement Act of 2023, backed by bipartisan support, aims to enforce strict anti-money laundering (AML) measures on
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The existential change could simplify liquidity sharing between Celo and Ethereum while boosting security and facilitating a seamless developer experience, according to the post. Celo already runs the Ethereum Virtual Machine, which means it supports smart contracts in a language similar to what Ethereum developers use to write code. Source
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CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution. According to a proposal discussion on Celo's governance forum, the transition would include leveraging OP Stack as the architecture to become
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Ethereum layer 2 development firm Polygon proposed upgrading its in-house MATIC (MATIC) token into a multipurpose token that can be used to validate multiple chains.The proposal for MATIC’s technical upgrade is subject to approval from the Polygon community. Once approved, MATIC’s upgrade to a multipurpose token will result in its
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An Ethereum Improvement Proposal (EIP) made on July 7 seeks to standardize how tokens are bridged between networks. The “Sovereign Bridged Token” standard, or EIP-7281, allows token issuers to create canonical bridges across multiple networks.The proposal was co-authored by Arjun Bhuptani, founder of the Connext bridging protocol. In a July
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Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said. Source
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