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Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country

Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the…

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Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part…

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EU Greenlights MiCA: Major Turning Point For Europe’s Crypto Landscape and Bitcoin KYC

The Markets in Crypto-Assets (MiCA) regulation passed in the European Council on October 5th. The development is a significant step toward bringing a consistent legislative landscape to the continent that…

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US Regulators Seek More Power From Congress to Address Crypto Regulatory Gaps

In a new report, the Financial Stability Oversight Council (FSOC), a regulatory panel comprising leading financial regulators, identified areas in crypto regulation with: limited oversight of the spot market for…

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California Takes Action Against 11 Crypto Firms Allegedly Operating Like Ponzi Schemes

California’s regulator has targeted 11 crypto-related entities which allegedly violated the state’s securities laws. The watchdog also claimed that their business model was in the manner of a Ponzi or…

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Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange

A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of…

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Crypto Regulation Remains an Urgent Policy, Despite Bear Market: ECB’s Villeroy

Francois Villeroy de Galhau – a member of the European Central Bank and Governor of Banque de France – thinks the diminishing interest in cryptocurrencies due to the market crash…

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