Thursday, March 28, 2024
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UK banks risk losing licenses for debanking customers over political views

The British government is reportedly set to announce measures that could see banks stripped of their license if they choose to debank customers due to their political views. A July 20 report from The Times said the United Kingdom’s government is considering tighter conditions on banking permits that would seek to

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SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities – Regulation Bitcoin News

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.” SEC Chair Believes All Crypto Tokens Other Than Bitcoin Are

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Bill Gates Views Musk Agenda to ‘Put People on Mars’ as Imprudent Way to Spend Money

Bill Gates recently said Elon Musk looking to colonize Mars does not paint him in the best philanthropic light. Microsoft (NASDAQ: MSFT) founder Bill Gates recently questioned the Mars colonization quest spearheaded by Tesla (NASDAQ: TSLA) CEO Elon Musk. In a media session, Gates opined that Musk’s long-held ambition of colonizing Mars is not a good use

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UK Parliamentary Group Seeks Views of Crypto Industry Players – Regulation Bitcoin News

A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence sessions, the APPG said it is

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Mastercard Views Crypto More as Asset Class Than Form of Payment – Featured Bitcoin News

Mastercard sees cryptocurrency as more of an asset class than a means of payment, according to the payments giant’s chief financial officer. Mastercard’s crypto strategy “has been fairly successful ever since crypto environments came up,” he added. Mastercard’s CFO on Crypto as Asset Class vs. Means of Payment Mastercard Chief Financial Officer

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IMF Report Views ‘Cryptoization’ as Threat to Global Economy — CoinDesk

To avoid the risks of cryptoization, the report suggested that countries enact policies that could help curtail growing crypto demand, including strengthening monetary policy, safeguarding the independence of central banks, and implementing “effective legal and regulatory measures to disincentivize foreign currency use.” Source

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