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Crypto custody firm graduates Singapore Monetary Authority’s regulatory sandbox

Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License and the green light to commence full operations.The Singapore-based securities services firm for institutional clients was admitted entry to the MAS regulatory sandbox on Nov.

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Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other aspects of the financial system, says President Trump’s Working Group on Financial Markets. The working group published a report Wednesday detailing how it views retail payments using stablecoins and asking for public feedback on the issue.Stablecoins must meet appropriate money-laundering and oversight

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Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes

The Bank of France’s Deputy Governor Denis Beau speaking at the Paris Blockchain Summit discussed the progress being made with the central bank digital currency (CBDC) and touched upon possible regulatory changes and the legal framework. During the Paris Blockchain Week Summit 2020, on Thursday, Beau said there has been a

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ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns

ShapeShift, the Colorado-based cryptocurrency exchange that allows users to self-custody their assets, has delisted another privacy coin.Zcash has been removed from the trading platform in addition to monero and dash. Decrypt reported last Friday that XMR and DASH had been quietly removed; the delisting of ZEC was not noted.“We’ve taken

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