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Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX

Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai…

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US Senators Introduce Crypto Sanctions Bill — Expert Says It’s Overbroad, Unconstitutional

U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate,…

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Argentinian Regulator to Propose Anti-Money Laundering Measures for Crypto Firms

The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation for this purpose might be…

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EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers

Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or…

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8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation

Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the…

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US lawmakers introduce bills that could force crypto exchanges to cut ties with Russian wallets

Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do "business with Russia-based crypto wallets" amid the situation with Ukraine.

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US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid

“Overattributing cybercrime to cryptocurrency misses critical causes and preventive measures which can be taken,” said former FinCEN acting director Michael Mosier.

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Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says

Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country…

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President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’

President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency…

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