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Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country
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Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.

Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research
federal financial supervisory authority

Monetary Authority of Singapore Sets Up New Institute of Digital Finance for Boosting Fintech and Digital Asset Research

The Monetary Authority of Singapore (MAS) has teamed up with the National Research Foundation, and the National University of Singapore to set up a research institute that will develop and support the needs of digital financial services in Asia.

Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption
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Bitcoin Safe Haven Status Under Fire Following US Federal Reserve Rate Cuts to Combat Coronavirus Disruption

The reaction of the bitcoin market to the first rate cut from the Federal Reserve since December 2008, during the global financial crisis, is being carefully observed by the crypto community and may eventually reveal the cryptocurrency’s true nature.

Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve
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Why Bitcoin Has Threatened US Dollar Dominance and Federal Reserve

How Bitcoin has threatened US dollar dominance and Federal Reserve power, and has been reducing the role of the government in issuing money.

Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week
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Federal Reserve Chairman Powell to Address IMF on Digital Currencies Next Week

Federal Reserve Chairman Jerome Powell will be speaking to the International Monetary Fund (IMF) next week as part of a panel on cross-border digital payments.

UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized
federal financial supervisory authority

UK’s Financial Watchdog Raises the Alarm on BitMEX Being Unauthorized

The Financial Conduct Authority (FCA) in the UK mandated with regulating financial markets and service firms in the nation has blown the whistle on Seychelles-based crypto exchange BitMEX for not being authorized.

World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion
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World Economic Forum Views Cryptocurrency as Pivotal Tool for Financial Inclusion

The WEF thinks cryptocurrencies can be pivotal in offering financial services to one-third of the world’s adults, approximately 2 billion people, who are unbanked.

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