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Ripple and Binance Weigh in on Crypto Regulation


The crypto industry is familiar with complications, showcased by big names like Ripple and Binance. Both the renowned ventures have experienced severe regulation issues in multiple territories. Binance spent an entire year facing allegations against money laundering moderation. Changpeng Zhao,...

India To Define Crypto As Asset, Ban Payments, and Ads - Report


Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...

Ripple Proposes ‘Real Approach to Cryptocurrency Regulation’


Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done...

DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million


The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally. Investors were fraudulently induced to invest over $2 billion. The Bitconnect...

Israel's AML Authority and Europol Zoom In On Crypto


Israel’s Money Laundering and Terror Financing Prohibition Authority (IMPA) has announced that new, tightened regulations will now apply to cryptoassets, fintechs, and various other financial products. The measures are designed to introduce more regulatory clarity and coherent standards, according...

Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’


Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank. In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber...

Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'


The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment.... Read More: Overleveraged...

Binance Releases Bill of Rights for Crypto Users


Changpeng Zhao (CZ), CEO of major crypto exchange Binance, said that the firm aims to set up headquarters and regional offices around the globe in a move to shift away from a "technology company to a financial services company." Along those lines, the exchange published a 'crypto bill...

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