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UK plans to introduce crypto regulations within the next 12 months
Apr 19,2023
The UK examines the potential full stack of crypto regulations within the next 12 months. The UK government is aiming to gain the status of the world's crypto asset hub and has taken a different approach to crypto regulation compared to other countri...
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The International Chamber of Commerce (ICC) partners with Singapore blockchain start-up Perlin
Apr 12,2023
TheInternational Chamber of Commerce (ICC) has announced that they will develop the blockchain based solution for their wide base of customers including some of the biggest names in the industry such as Coca Cola, Fedex, Paypal, and Amazon. Blockchai...
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The European Union launching targeted consultations on digital euro
Apr 09,2023
The European Commission announced another round of consultation on the launch of digital euro, the EU's central bank digital currency (CBDC). Consultations would aim on comments and considerations of payment industry specialists, e-money institutions...
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WeChat to start full support for China's digital yuan
Apr 07,2023
The most popular chat platform in China, WeChat announced that it will implement China's digital currency e-CNY (digital yuan) as a payment option in all areas where digital yuan was piloted throughout the 2021. WeChat will also enable this function ...
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European Commission launches International Association of Trusted Blockchain Applications
Apr 04,2023
Launched by the EU commission in Brussels, the International Association of Trusted Blockchain Applications (INATBA) is envisaged as a global multistakeholder forum aiming to provide the framework to encourage public and private sector collaboration....
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First agriculture based blockchain initiative in Haiti
Apr 01,2023
A blockchain project focused on streamlining the agriculture value chain has been launched in Haiti. The Ministry of Industry and Commerce of Haiti and the business and investment development project have selected Agriledger as the company to co-ordi...
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PayPal announced they accept cryptocurrency payments
Mar 31,2023
Online payments giant PayPal company, announced today that they will start accepting cryptocurrencies as the means of payment on their platform. At the start PayPal will accept Bitcoin and Ether cryptocurrency which are the biggest currencies, in the...
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Visa will allow cryptocurrency payments
Mar 31,2023
Credit card company Visa announced that it will start allowing transfer of cryptocurrency. They announced the partnership with the cryptocurrency trading platform Crypto.com in launching a pilot program to test this feature. Visa made an official sta...
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The UK's finance regulators order a removal of the cryptocurrency ATMs
Mar 17,2023
The United Kingdom's Financial Conduct Authority (FCA) issued a warning for unregulated cryptocurrency automatic teller machines (ATM) in the UK to be shut down and removed. The financial regulator that manages the conduct of more than fifty thousand...
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The US proposes a tax on energy used for cryptocurrency mining
Mar 11,2023
The new 2024 Revenue Proposal in the US will consider the progressive tax on electricity that is used for cryptocurrency mining. The US Department of the Treasure proposed a tax for energy used in mining of any digital asset, and defines digital asse...
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The US Financial Crimes Enforcement Network (FinCEN) calls for tight control of sanction evasion by using cryptocurrency
Mar 09,2023
The cryptocurrency exchanges in the USA and worldwide joined actions by their governments in the sanction regime on Russian and Belorussian financial institutions and individuals. Earlier this month, the US Department of Treasury issued guidelines to...
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The US President Biden signs the Executive Order on digital assets
Mar 09,2023
The US President Joe Biden, signed the executive order that is addressing issues around digital assets. Digital Assets is a joint term for cryptocurrencies, blockchain issued tokens, and other digital objects (such as NFTs) traded or exchanged over t...
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