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Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director

Kathy Kraninger, former director of the United States Consumer Financial Protection Bureau, or CFPB, said while many in crypto have complained about the lack of regulatory clarity in the country, the legal gray area has afforded the industry opportunities.Speaking to Cointelegraph, Kraninger said Congressional action on dividing the roles of

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Iran Impart Association demands regulatory clarity to use crypto in foreign trade

In the aftermath of the first officially reported crypto payment in the sanctioned country’s foreign trade, Iran’s importers point to the necessity of stable regulations to continue trade via cryptocurrencies. On Aug. 20, local reports cited the head of Iran’s Importers Group and Representatives of Foreign Companies (Import Association), Alireza Managhebi, who

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Canadian regulatory council creates new preregistration filing for crypto platforms

The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, Crypto.com and the Canadian platform Coinsquare Capital Markets,

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Crypto.com hits key regulatory milestone in South Korea

Crypto exchange Crypto.com has announced a key regulatory milestone in South Korea after securing two local companies, giving it access to crypto and payments registration.The announcement came during Korea Blockchain Week 2022 after the company announced the acquisition of payment service provider 'PnLink Co. Ltd.' and virtual asset service provider

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