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Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry

Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would…

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Apple’s CEO Owns Crypto – Tim Cook Thinks ‘It’s Reasonable to Own as Part of a Diversified Portfolio’

The CEO of the tech giant Apple, Tim Cook disclosed that he owns cryptocurrency and said that he thinks it’s reasonable to own it as part of a diversified portfolio.”…

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Russia to Change 13 Laws and Codes for Digital Ruble

Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the…

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Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto…

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Congress Passes $1.2 Trillion Infrastructure Bill — Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I

Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition of a…

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Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services

On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that…

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Kazakhstan Imposes Purchase Limits on Retail Crypto Investors

Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from…

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