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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC is set to make imminent rulings on Bitcoin ETF applications from five firms, with decisions expected before the Labor Day weekend. A cluster of filings for Bitcoin (BTC) exchange-traded funds (ETF) sits on the desk
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Even where implemented, there are discrepancies. Canada, for instance, requires operators to jot down beneficiaries’ postal addresses, while the U.K. doesn’t, and firms are caught in a quandary when handling a transfer between the two, Caterina Veloso, co-chair of lobby group CryptoUK’s travel rule working group, told CryptoX. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied From Sep. 1, 2023, crypto businesses in the UK will be legally required to collect, verify, and share transfer information, under the so-called “Travel Rule.” This directive, endorsed by the Financial Action Task Force (FATF), seeks to
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Controversial new measures known as the travel rule, requiring crypto operators to identify the sender and recipient of funds transfers, are already legislated to take effect in the U.K. as of Sept. 1. While the money-laundering norms haven’t yet been fully implemented across the world, the U.K.'s upcoming stricter rules,
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Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job. Original Source
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Most listed companies already include cybersecurity risks in their investor documents, but, until now, the SEC did not mandate any disclosures from them. Public companies and foreign private issuers must also must describe how their board oversees cybersecurity risks and detail "management’s role and expertise in assessing and managing material
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According to a recent report by Reuters, Sam Bankman-Fried, former CEO and founder of the bankrupt cryptocurrency exchange FTX, has had his bail conditions tightened by a US judge following allegations of witness tampering. While the judge declined to jail Bankman-Fried immediately, he imposed a “gag order” requested by prosecutors and
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Note that community points have always been tradable, but it's troublesome to trade those through the Reddit app, per ONG. "It's easy to send CPs to other Reddit users from the app, but to trade them, one has to export the private key from the Reddit wallet and import it
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Financial Action Task Force (FATF) has issued a renewed call urging countries to adopt and implement the “Travel Rule” as a vital measure to combat money laundering and terrorism financing facilitated through cryptocurrencies. On June
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A renewed call from the Financial Action Task Force (FATF) has asked countries to implement the “travel rule” to combat money laundering and terrorism financing activities enabled by cryptocurrencies.On June 23, the United Nations body — whose role is to promote strategies to combat money laundering and terrorist financing —
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