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Turkey Drafts Crypto Bills To Align With International Standards


The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms. The post Turkey Drafts Crypto Bills To Align With International Standards appeared first...

Turkey Prepares New Crypto Law to Align With International Standards


Turkey is preparing to present a new law to regulate crypto assets to Parliament. The legislation, aimed at aligning with international standards and reducing risks associated with crypto transactions, will enforce strict regulations on the licensing and operation of cryptocurrency trading...

BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements


Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection linking the CBDCs of the participants were studied...

Dogecoin20 Hits Uniswap, Rallies Over 100% In First Hour


A new Ethereum-based Dogecoin alternative, Dogecoin20 (ticker: DOGE20) rallied over 100% less than an hour after landing on leading decentralized exchange (DEX) Uniswap.  The frantic buying activity was driven largely by anticipation for Saturday, April 20, 2024, a day earmarked by the crypto...

Bank of Russia Supports Cryptocurrency Usage for International Settlements


The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style experimental regime. In contrast...

HashKey Group COO: Hong Kong’s Crypto Rules Might Limit Global Appeal


HashKey Group COO Livio Weng criticized Hong Kong's recent regulations around crypto trading, expressing concerns that they may impede access for international clients. The post HashKey Group COO: Hong Kong’s Crypto Rules Might Limit Global Appeal appeared first on Cryptonews

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