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IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight

The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The…

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Washington State Accuses 2 Cryptocurrency Platforms of Defrauding Investors

Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded…

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Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs

Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to…

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India Cracks Down on $48M Crypto Fraud in Fiewin Gaming App With Binance Help

India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3…

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