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Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions

The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and…

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SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it…

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New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework

The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April…

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India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions

India's proposed CBDC framework could significantly enhance global financial integration and efficiency in cross-border transactions. The post India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions appeared first on…

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SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto…

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Bank of Russia Eyes Stablecoins for Cross-Border Transactions

The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The…

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Russia Set to Launch Crypto Payment Trials Next Week, Report

Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the…

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Telegram CEO charged with ‘complicity’ in grave crimes as French gov websites face DDoS attacks

The charges against Telegram's CEO and subsequent DDoS attacks on French government sites highlight escalating tensions between tech platforms and state authorities, raising concerns about digital privacy and governmental overreach.…

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