Author: Cointelegraph By Derek Andersen

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Bitfarms adopts shareholder rights plan as Riot attempts takeover

The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding. Source link

Peru adopts India's UPI system to boost financial inclusion

The Indian instant payment system is gradually making its way around the world. Soc India and Peru collaborate on payments Source link

NY Attorney General sues crypto trader NovaTech, claims $1B fraud

Two people took in $1 billion in crypto deposits and traded $28 million of it, the suit alleges. Source link

Investors file first civil suit against JPEX, more suits expected

The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue. Source link

Paxos International to issue regulated interest-paying stablecoin

The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States. Source link

Zimbabwe central bank ironing out wrinkles in new currency

The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews. Source link

Binance prepares for MiCA rules, updates stablecoin strategy

Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy. Source link

Qatar Central Bank launches first phase of CBDC project

The small country on the Arabian Peninsula sees CBDC as part of its national development strategy. Source link

Be persistent with the SEC, says Franklin Templeton digital asset head

The SEC is safeguarding the economy, but Roger Bayston sees a change in tone at the regulator. Source link

Paraguay seizes 2,738 ASICs as power theft crackdown continues

Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it. Source link