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US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally

Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and…

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SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC…

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CFTC hits Kraken with $1.25M in fines over alleged illegal offering

“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent…

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29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down

The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to…

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Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency

Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up…

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Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation

Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore…

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