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Brazilian Parliament Heading for Key Vote on Crypto Regulation Bill


  An ambitious private member’s bill that seeks to regulate the Brazilian crypto market could be approved by the National Congress before the end of the first half of this year – with MPs set for a key vote on Tuesday next week.... Read More: Brazilian Parliament Heading for Key Vote on Crypto...

Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper


The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding...

Spanish Crypto Investors ‘Fleeing to Portugal to Escape Taxes,’ Say Lawyers


  Increasing levels of scrutiny from the Spanish taxman are forcing Spaniards to flock to Portugal – or at least declare their legal residence of their Iberian neighbor nation. And it is a phenomenon that could one day turn Spain into what legal experts have called a “crypto desert.”... Read More:...

Indian Crypto Exchanges Disable UPI, Other Payment Options


A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges....

Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto


  The chief architect of Russia’s crypto legislation has suggested that only industrial miners could be allowed to continue operating after the country unveils its long-awaited legislation for the Bitcoin (BTC) & crypto sector in this aggressor state.... Read More: Russia: Only Industrial Players...

Central Banks Struggle With Privacy-related CBDC Headaches


  As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust...

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