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Fed Reveals Guidelines for Crypto Banks Who Want to Open ‘Master Accounts’


The Federal Reserve (Fed)'s governing board has unveiled guidelines that will standardize applications for “master accounts” from institutions “with novel charters,” including “cryptocurrency custody banks and their trade associations.”... Read More: Fed Reveals Guidelines for Crypto Banks Who Want...

Shanghai Aims to Grow a $52 Billion Metaverse Cluster by 2025


The Government of the city of Shanghai has proposed a group of guidelines to help it shift into a metaverse power. The plan of action defines each one of the technologies that the municipality needs to focus on to achieve the goals of building a $52 billion metaverse economy, while at the same time...

Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial


Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...

India Unveils Guidelines for Crypto Advertising


The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.”...

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