In a bid to combat illegal activity and “regulatory arbitrage,” a Swiss-based think tank has urged greater international cooperation on cryptocurrency regulation. On Monday, the Basel Institute of Governance and the International Academy of Financial Crime Litigators released a paper calling for further coordinated action against unlawful crypto-markets. Among the proposed solutions are greater cooperation…
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The dramatic fall of Terra (LUNA) along with the algorithmic stablecoin UST has been a major talking point among the crypto industry. And now South Korean conservative party has requested a parliamentary hearing on the matter. Korea’s conservative party requested to have a hearing about the Terra incident. The politician noted Korean exchanges each reacted…
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The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets by almost twofold. The SEC’s Cyber Unit, which comprises the Crypto Assets and Cyber team, is expected to hire 20 new people for 50…
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SBI Motor Japan, a subsidiary of SBI Africa Co., Ltd., has announced that its customers can now make payments for used cars using Bitcoin (BTC) and XRP. As per the announcement by SBI on Monday, the development marks the first time XRP cryptocurrency will be deployed on a cross-border e-commerce website in Japan. The BTC and…
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The United States Securities and Exchange Commission has given the green light to Valkyrie’s futures exchange-traded fund (EFT) application. This represents another ETF that has been approved by the SEC, which has previously accepted futures ETFs, but no sign of spot ETFs yet. As per the SEC document published Thursday, the application was filed under…
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Crypto-friendly browser Opera integrated BNB Chain, a decentralized blockchain ecosystem formerly known as Binance Smart Chain, to enable BNB Chain-based decentralized apps (DApps) on Android, iOS and desktop versions of its Crypto Browser. The integration will enable Opera’s 350 million users to purchase the BNB (Build N Build) token with fiat and send and receive…
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The United States Securities and Exchange Commission (SEC) announced Tuesday that it would nearly double the number of personnel responsible for safeguarding investors in cryptocurrency markets. As per the announcement, the SEC’s Cyber Unit, which includes the Crypto Assets and Cyber team, will hire 20 new people for 50 dedicated positions. The SEC stated that…
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VanEck, an investment firm with over $82 billion in assets under management, revealed its entrance into the Metaverse by releasing a collection of 1,000 nonfungible tokens (NFTs) on Monday. The VanEck Community NFT, which is based on the Ethereum network, features an illustration of Alexander Hamilton called “Hammy” as he journeys through time and space…
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On Wednesday, South Africa celebrated Freedom Day, which honors the country’s first post-apartheid democratic election in 1994. Cointelegraph reached out to different notable individuals in the South African crypto community to see what the holiday meant to them. BitcoinZAR, a Bitcoin advocate in South Africa, noted that “Freedom Day means you are free to use…
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Mexico’s Senate building now houses the country’s 14th Bitcoin (BTC) ATM, a sign of the country’s increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of several legislators, including Miguel Angel Mancera, head of the parliamentary group of the Party of the Democratic Revolution (PRD). Senator and outspoken crypto enthusiast Indira…
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