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SEPTEMBER 24, 2020

24), could put digital currency exchanges under one national structure, CoinDesk reported. According to a summary of the bill, as cited by CoinDesk, “the proposed legislation builds on the existing commodity market practices required of Futures Commission Merchants (FCMs) to protect customer assets.”. representative Thursday (Sept.

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JUNE 29, 2020

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s Last fall, the Libra Association petitioned the Swiss Financial Market Supervisory Authority ( FINMA ) for a Swiss payment system license for its planned cryptocurrency.

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MARCH 3, 2020

The appointed organizer for the initiative, SFB Technologies, tapped the Algorand protocol because of its scalability, speed, security and its “ability to effectively implement required compliance controls and the transaction finality needed for a national currency.” in the fall of 2019.

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NOVEMBER 1, 2020

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. With the treasury market for S&P 500 companies valued at $2.3

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APRIL 9, 2019

According to a report in Reuters , citing China’s state planner, the National Development and Reform Commission, the agency is facing mounting pressure from the government to control the cryptocurrency market and as a result, may move to ban bitcoin mining. The list was first made back in 2011, noted the report.

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MARCH 23, 2018

To take stock of the cryptocurrency market, take stock? News came Friday that the wild west of cryptocurrencies — where fortunes are made and lost in the blink of an eye, and where regulations are less than regular — might be well-governed by the stock market when it comes to governance. After a fashion.

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OCTOBER 18, 2018

The global regulatory framework of cryptocurrencies and blockchain remains either fragmented, vague or simply nonexistent. Part of the initiative includes the SBA’s guidelines to the nation’s traditional financial services market on how to service these industry players while maintaining compliance.

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PYMNTS

JULY 1, 2016

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

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DECEMBER 24, 2020

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies.

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SEPTEMBER 23, 2020

Plus, the State Administration for Market Regulation in China has fined Luckin Coffee and other firms. 21), noting that it would offer an alternative to private cryptocurrencies. The idea of a digital token has been touted by a number of nations and firms lately. PayPal, Mastercard Add 5 EU Countries To Debit Card Offering.

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JULY 11, 2019

Federal Reserve called for a stop to Libra , Facebook’s proposed cryptocurrency, until the project better demonstrated how it was going to address issues like money laundering and privacy, according to a report by Reuters. Other cryptocurrencies, like Ethereum and Ripple, saw similar slumps. The chairman of the U.S.

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JANUARY 1, 2021

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. The watchdog would be known as the Digital Markets Unit. In the nascent and burgeoning cryptocurrency space, the U.S.

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NOVEMBER 25, 2019

During the 3rd National Technology Business Incubator Summit (TBI Summit), the company revealed that it signed a memorandum of agreement with the Philippine Council for Industry, Energy, and Emerging Technology Research and Development (PCIEETRD) – DOST. OKB will also be accepted by virtual retailer Cryptomall.

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NOVEMBER 18, 2020

18), the first time the cryptocurrency has climbed above $18,000 since December 2017, CNBC reported. While the digital coin has been going through waves in its price point, some analysts and cryptocurrency fans said they think the trajectory is uphill. Bitcoin has continued to rise, hitting $18,172 Wednesday morning (Nov. Eastern Time.

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JUNE 30, 2020

The company said in the report, “As the value of cryptocurrency rises and falls, so does the mining encounter rate. “. In other news, authorities in Spain have taken 33 individuals into custody who allegedly marketed illicit pharmaceuticals via the web and laundered at least some of their $3.37

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MARCH 22, 2019

It could potentially alter how interest rates affect demand for money, and it could produce larger central bank balance sheets, a consequence that would make it necessary for asset buildup which could affect market liquidity. As cryptocurrencies rise in popularity, there’s been a drop in cash for payments in places like Sweden.

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PYMNTS

APRIL 30, 2018

South Korea’s Korea Credit Data, a FinTech startup that operates in the small- and medium-sized business accounting software market, said it is exploring an entrance into the world of blockchain. The involvement of the nation’s largest cryptocurrency exchange comes as the government cracks down on such firms.

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SEPTEMBER 16, 2019

Global central bank officials met with leaders from both Facebook’s Libra Association and JPMorgan to discuss policies and regulation around new cryptocurrencies, the Bank for International Settlements (BIS) said in a press release on Monday (Sept. Fnality International was also questioned about its coin.

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JULY 27, 2017

noted the report, plans to extradite Vinnik, who two sources told Reuters is the key person behind the cryptocurrency platform that was down since earlier this week. “An Their respective operators have also been arrested. The fall of AlphaBay pushed many eclectic shoppers to Hansa Market, the dark web Walmart to AlphaBay’s evil Amazon.

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FEBRUARY 24, 2019

Banking Tech has revealed that Commerzbank completed a money market transaction during a blockchain pilot with Continental and Siemens. In other news, Thailand’s National Legislative Assembly has approved an amendment to the Securities and Exchange Act that will legalize the issuance of tokenized securities, according to CoinDesk.

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NOVEMBER 2, 2020

In other news, the Reserve Bank of Australia (RBA) is exploring the potential of a central bank digital currency (CBDC), in partnership with the National Australia Bank , Commonwealth Bank , Perpetual Limited and ConsenSys Software , the bank announced in a press release. RBA expects to finish the project at the end of this year.

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DECEMBER 2, 2019

Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. North Korea stands out in this respect.

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PYMNTS

OCTOBER 11, 2019

For central banks, when it comes to cryptocurrencies, there’s no central theme. In the most recent news , as noted by CNBC, Switzerland’s central bank is examining how digital currencies might be used in a trading environment, working in tandem with the Swiss stock exchange’s operator SIX Group. Others, not so much. Yays and Nays.

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DECEMBER 8, 2017

A cryptocurrency mining market in Slovenia, which lost millions in bitcoin in a Wednesday (Dec. The firm reported it had stopped its mining operations for approximately 24 hours as of Thursday (Dec. 6) cyberattack, is now claiming the hack likely came from an IP address outside the European Union.

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OCTOBER 8, 2019

Together, Bitfinex and Tether manipulated a market that, by design, is supposed to be decentralized,” states the lawsuit. In other news, $10 billion worth of bitcoin — or almost 7 percent — is currently held in the wallets of eight major cryptocurrency exchanges. Coin Telegraph reported that Token Analyst found that almost 1.2

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APRIL 11, 2018

The owner of the account, who has remained anonymous, apparently prefers bitcoin’s rival cryptocurrency – bitcoin cash – that split from bitcoin. From day one, Bitcoin was marketed to the world as a fast & cheap global payments network. Through its operations, the gang allegedly laundered more than eight million euros.

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PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Or does it?

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PYMNTS

DECEMBER 2, 2019

Looking back at 2019, and at cryptocurrencies, we may well make the declaration that fraudsters got a lot more brazen … which may mean 2020 is the year lawmakers and regulators clamp down through a global, concerted effort to root out financial crime. North Korea stands out in this respect.

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JUNE 16, 2018

Russia’s corporate treasurers are working with the nation’s central bank on a blockchain initiative, reports in CoinDesk said Friday (June 15). Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper.

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MARCH 19, 2018

This is just the latest dip bitcoin has experienced since the beginning of the year, which started due to reports that South Korea and China were thinking about banning the trade of cryptocurrencies, which led to fears of a wider regulatory crackdown. There is a lot of panic in the market.

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JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. The company is not allowed to operate like a bank under current rules, but would like to offer banking-like products such as savings accounts through different licenses or partnerships.

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NOVEMBER 25, 2019

The business services must also reach at least 200,000 accounts in the Czech market. To that end, in France a number of media enterprises — ranging from the APIG press alliance, which represents dozens of national and regional papers, to AFP and the union of magazine editors — have filed complaints with EU regulators over copyright laws.

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OCTOBER 13, 2020

An operating system that has been active for a minimum of three years, Tron , recently issued a DeFi token. In one instance, Tron’s TRX coin’s market value is linked to the Sun Genesis Mining DeFi coin and spiked by $800 million in the three days following the new token’s unveiling. Department of Treasury website.

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APRIL 10, 2019

In terms of the news itself, China’s government, through its National Development and Reform Commission, which regulates planning, has now said bitcoin mining stands on a list of 450 activities that are thought to be wasteful and should be eliminated. It has also said in the past that it would bring some mining operations to the U.S.

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NOVEMBER 29, 2021

President’s Working Group on Financial Markets, which delineated perceived risks associated with the increased use of stablecoins and highlighted three concerns: risks to rules governing anti-money laundering (“AML”) compliance, risks to market integrity, and general prudential risks. A “Crypto Asset Roadmap” Promising Future Clarity.

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JULY 17, 2019

In an interview with Karen Webster, Trulioo General Manager Zac Cohen took a multi-market look at government and thematic approaches to setting (and settling on) ID infrastructures. It remains to be seen how such oversight might carry over, or not, into other markets. But looking globally, a fragmented landscape frames the debate.

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