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Financial Stability Board Lays Out G20 Crypto and Stablecoin Plans


The Financial Stability Board (FSB), an international advisory body created by the G20, has laid out its recommendations for crypto regulation, and said most existing stablecoins are not in compliance. FSB’s recommendations for crypto and stablecoin regulation were first endorsed by the G20 –...

Biggest Movers: QNT Remains Near Multi-Month High, HBAR 11% Higher


Quant continued to trade close to an eight-month high on Wednesday, as prices of the token rose for a second straight day. Hedera was another notable mover in today’s session, as it rose by as much as 11% earlier in the day. Overall, crypto markets are marginally down as of writing. Quant (QNT)...

Bittrex Crypto Exchange Fined for US Sanction Evasion


The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed a fine of about $24 million on crypto exchange Bittrex which also had to sign a $29 million settlement with the department’s Financial Crimes Enforcement Network (FinCEN). The fines are related to the exchange’s...

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 of the latest EU anti-money laundering push. European Union’s MiCA Crypto...

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