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McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
12.6.2024
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge
Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case
12.6.2024
Zimbabwe seeks public input to shape crypto regulations
12.6.2024
In a news release by Bloomberg, Zimbabwe has declared its agenda to embark on consultation on the functioning of cryptoassets. This move comes when the government puts measures to regulate this sector. In a statement published in the state-owned Herald Newspaper, all players in the cryptocurrency...
Zimbabwe consults crypto firms on virtual asset regulation needs
12.6.2024
The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions
Zimbabwe Is Seeking Comments on the Crypto Industry: Report
12.6.2024
Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more
In Conversation With Brian Nelson
12.6.2024
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary...
Crypto Mixers, Privacy Coins, Layer 2s Complicate Tracing for Law Enforcement, EU Innovation Hub Says
11.6.2024
Separately, France's markets regulator said crypto remains a high risk for money laundering
How Web3 is transforming global regulatory frameworks
11.6.2024
At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators
Crypto Exchange Crypto.com Secures Spot on Ireland's Virtual Assets Service Provider Register
11.6.2024
The company has also received approval in Dubai, U.K., the Netherlands and Spain
South Korean Regulator Excludes Certain NFTs From Crypto Regulations
11.6.2024
South Korea’s top financial regulator has issued guidelines clarifying when non-fungible tokens (NFTs) are considered virtual assets. This distinction aims to minimize the risk of widespread user harm. The guidelines will be part of the Virtual Asset User Protection Act, effective July...
Modi Reappoints Nirmala Sitharaman as India’s Finance Minister — Investors Remain Concerned Over High Crypto Taxes
11.6.2024
Indian Prime Minister Narendra Modi has reappointed Nirmala Sitharaman as Finance Minister. She remains instrumental in shaping India’s economic policies, including cryptocurrency regulation and taxation. Nirmala Sitharaman Reappointed as Finance Minister Indian Prime Minister Narendra Modi...
Trump promises to become the ‘crypto president’ — Law Decoded
10.6.2024
The former United States president is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign
EU Vote See Reelection of Some Officials With Key Roles in Bloc's Crypto Journey
10.6.2024
Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation
Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head it Off
10.6.2024
A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival...
Donald Trump Vows to Be the ‘Crypto President’ — Pledges to End Biden-Gensler Crypto Policies Within One Hour
9.6.2024
Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to terminate the anti-crypto policies introduced by Joe Biden and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, emphasizing that their...
COPA Seeks Payment of 85% Of Costs in Craig Wright Case
7.6.2024
The COPA vs Craig Wright trial made a resurgence on Friday to determine what costs and penalties Wright might suffer
New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case
7.6.2024
New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis
‘Stand With Crypto’ Advocacy Alliance Surpasses 1 Million Supporters
7.6.2024
The “Stand with Crypto” alliance has achieved a notable milestone, surpassing one million supporters as reported on its official website. This non-profit organization is committed to mobilizing global crypto advocates. Initiated by crypto exchange Coinbase, which promotes clearer...
Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release
7.6.2024
A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a Nigerian prison, Axios reported Thursday evening
Saudi Arabia Joins BIS’ CBDC Project mBridge as a Full Participant
6.6.2024