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Kraken Meets SEC Crypto Taskforce to Push for Clarity on Tokenized Assets


Representatives of the crypto exchange Kraken recently met with the SEC’s Crypto Task Force to discuss its proposed tokenized trading system and the broader regulatory framework for tokenizing traditional assets. A Proposal for a Tokenized Trading System On Aug. 25, the staff from the U.S....

NYC Mayor Eric Adams launches crypto advisory council


New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.”“This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto...

NYC Mayor Eric Adams launches crypto advisory council


New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.”“This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto...

South Korean Police Form New Crypto Scam-fighting Cybercrime Taskforce


South Korean police have announced that they will launch a new crypto scam-busting cybercrime taskforce. KBS reported that police say that one of the new taskforce’s “three main tasks” will be dismantling and fighting crypto scams. Crypto-related fraud is on the rise in South Korea, with several...

NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister


In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...

Bahamas, Cambodia, China Lead Global CBDC Race, UK Launches Taskforce


The Bahamas, Cambodia, and China are the three countries with the most mature central bank digital currency (CBDC) projects, as only 23% of the world’s retail projects have reached the implementation stage, and close to 70% of wholesale projects are in pilot program phase, according...

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You


Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...

G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra


G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...

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