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Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms
regulation

Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms

As the South Korea crypto registration deadline looms, over 2 million accounts will be subject to restrictions in trading on multiple exchanges.

ECB Publishes New Stablecoin-Featured Framework for Overseeing Payments
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ECB Publishes New Stablecoin-Featured Framework for Overseeing Payments

The European Central Bank (ECB) has released a new framework geared towards overseeing all forms of electronic payments in the region, including those bordering on stablecoins.

Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
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Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption

Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.

Rio de Janeiro to Accept Crypto Property Tax Payment from 2023
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Rio de Janeiro to Accept Crypto Property Tax Payment from 2023

Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023.

German Banks Authorized for Crypto Custody and Sales in 2020
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German Banks Authorized for Crypto Custody and Sales in 2020

In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.

Norway's Financial Regulator Seeks Legal and Investor Protection for Crypto Consumers
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Norway's Financial Regulator Seeks Legal and Investor Protection for Crypto Consumers

The Norwegian Financial regulator intends to strengthen supervision by protecting investors of crypto consumers.

Russian Crypto Advocates Urge Putin to Address Delayed Regulations
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Russian Crypto Advocates Urge Putin to Address Delayed Regulations

The Russian Association of Crypto Industry and Blockchain (RACIB) has written an open letter to President Vladimir Putin urging him to address the risks of delayed cryptocurrency regulations in Russia. The letter argues that Russia has been too slow to implement legal regimes for crypto adoption and highlights the potential complications of proposed amendments to the current crypto law.

Police Arrests 2 Suspects Involved in 2016 Bitfinex Hack
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Police Arrests 2 Suspects Involved in 2016 Bitfinex Hack

U.S. authorities have arrested a Manhattan-based couple identified as Lichtenstein and Morgan, suspected to be a part of the masterminds behind the 2016 Bitfinex exchange hack.

US Government Removes Cryptocurrency AML Provisions from NDAA
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US Government Removes Cryptocurrency AML Provisions from NDAA

The US government has removed two AML provisions relating to cryptocurrencies from the NDAA, indicating a cautious approach to crypto regulation and raising concerns about future AML measures.

Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders
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Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders

The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.

Ugandan FIA Urges Central Government To Regulate Cryptocurrencies
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Ugandan FIA Urges Central Government To Regulate Cryptocurrencies

Uganda's FIA urges the central government for comprehensive regulation of the digital currency industry nationwide.

Chinese Banks Embrace Crypto in Hong Kong
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Chinese Banks Embrace Crypto in Hong Kong

Chinese banks are collaborating with cryptocurrency companies in Hong Kong, providing account services and acting as settlement banks. Despite China's crackdown on crypto in the mainland, the country's state-affiliated banks are building partnerships in Hong Kong, taking advantage of the city's push to become a crypto hub.

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