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Regulation

The World Federation of Exchanges Chips Recommendations for Crypto Service Providers as Regulatory Concerns Grow

The World Federation of Exchanges (WFE) has put forth its recommendations for the digital asset industry amidst rising user adoption and regulatory concerns. In a press release dated September 28,...
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Binance Sounds the Warning: EU’s MiCA Law May Lead to Stablecoin Removals – What’s Going On?

Binance has expressed apprehensions regarding the potential removal of stablecoins from European listings due to the imminent enactment of the European Union’s Markets in Crypto Assets (MiCA) regulatory framework. Marina...
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Bybit to Stop UK Services as Fin Regulators Clamp Down – Are You Affected?

Cryptocurrency trading platform Bybit has announced its intention to halt operations in the United Kingdom (UK). This decision arises from anticipated regulatory measures from the UK’s Financial Conduct Authority (FCA)....
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GameStop Decides to Shut Down NFT Wallet Citing Regulatory Uncertainty

Leading video game retailer GameStop has decided to close down its NFT wallet, citing ambiguities in crypto regulations as the primary reason. A notification on its NFT marketplace informed users...
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Philippines SEC Collaborates With International Organizations to Strengthen Crypto Enforcement Efforts

The Philippines’ Securities and Exchange Commission (SEC) is working on a combined regulatory framework for digital assets, aiming to target those involved in malicious crypto activities. In collaboration with the...
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a16z’s Arianna Simpson Says Lack of Specific Guidelines is Pushing Crypto Firms Offshore

Arianna Simpson, General Partner at a16z, has voiced concerns about the ambiguous regulatory environment in the US pertaining to crypto. She emphasizes the necessity for the US to formulate a...
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Incoming BoE Deputy Governor Discusses Crypto’s Value and Risks

The soon-to-be deputy governor of financial stability at the Bank of England (BoE), Sarah Breeden, expressed that cryptocurrencies currently do not pose a significant threat to financial stability. While addressing...
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Leading Crypto Companies Band Together to Advocate for Regulatory Clarity in Texas

Several leading cryptocurrency and blockchain entities have collaborated to form the Crypto Freedom Alliance of Texas, with the aim of fostering a clearer regulatory environment for the crypto sector. This...
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Coinbase Exchange Launches Stand with Crypto Alliance, an Independent Pro-Crypto Advocacy Group

Coinbase has unveiled the initiation of an advocacy group dedicated to furthering the crypto community’s interests. Named the Stand with Crypto Alliance, this autonomous nonprofit entity seeks to rally backing...
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Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry

Coinbase has announced a substantial decline in retail trading volume, sparking apprehension in the crypto sector. The leading US cryptocurrency exchange unveiled its Q2 earnings report on Thursday, indicating that...
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