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Indonesia Plans to Tighten Crypto Regulation Following FTX’s Insolvency 

Indonesia plans to give its Financial Services Authority (OJK) the power to regulate cryptocurrency investments and market oversight.   The country’s Trade Ministry currently polices the digital asset industry in…

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Cryptocurrencies Affect Central Bank Tasks, Dutch Monetary Authority Says, Urges Global Regulation

Convinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into…

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Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders

The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public…

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Mastercard’s CEO Explains When Cryptocurrencies Will Become Mainstream

Michael Miebach – Chief Executive Officer of Mastercard – thinks it will take more time than expected for crypto to become mainstream. However, he is optimistic that the asset class…

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Crypto’s Rapid Growth Pushed Canada to Speed up Regulations

The Canadian government will begin consultations on cryptocurrencies, stablecoins, and CBDCs. The ruling body maintained that such assets should function under strict supervision since they could facilitate illicit operations and…

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Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator

The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator…

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Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements…

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I Am Kinda Happy a Lot of ETFs Are Getting Delayed: Vitalik Buterin

Ethereum co-founder Vitalik Buterin recently weighed in on crypto regulation, noting that he is somewhat happy that watchdogs continue to reject crypto exchange-traded funds (ETFs) applications.  In a lengthy controversial…

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