The US Securities and Exchange Commission has agreed to drop its lawsuit against Kraken, the cryptocurrency exchange revealed on March 3. The move ends what the exchange calls a “wasteful, politically motivated campaign” and “clears the path toward a stable, forward-thinking regulatory regime.” According to Kraken, the lawsuit is being dismissed with prejudice, with no…
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The Finance Ministry of Pakistan is considering forming a “National Crypto Council” to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn. The change in position came after Finance Minister Muhammad Aurangzeb had a meeting on digital assets with a foreign delegation that included US President Donald Trump’s…
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The United States has a huge opportunity to embrace blockchain technology, Web3 and crypto through legislation under a changing political landscape, Representative Bryan Steil said during a Feb. 26 interview. “My broader philosophical goal here is [as a policymaker]: How do we make sure that the United States is in a position to out-compete the…
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Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor. Source link
Cryptocurrency exchange Bybit has announced its comeback to India after registering with authorities in the country. Source link
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC. Source link
The US SEC has announced the formation of a new group to combat crypto fraud and other cyber crimes to protect retail investors. Source link
Nigeria is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue. Source link
Metaplanet, known as the “Microstrategy of Asia,” has raised an additional 4 billion JPY in zero-interest bonds to buy more Bitcoin. Source link
Through a recent acquisition, Kraken is now allowed to offer derivative products across the European Union. Source link