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A French regulator calls for banning anonymous cryptocurrencies
May 09,2023
The head of thefinance committee of the French Parliament suggested a change in regulation that would introduce a ban on privacy oriented cryptocurrencies. Only a few cryptocurrencies are oriented solely towards the privacy and anonymity of its users...
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Facebook announces the blockchain department
May 09,2023
In a recent Facebook push for improving their service,company is moving toward experimenting with the blockchain distributed data ledger. Facebook appointed one of its senior staff Mr David Makrus as a blockchain department manager. Prior to Facebook...
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New York Attorney General proposes crypto regulation to eliminate conflict of interest and safeguard investors
May 08,2023
New York Attorney General Letitia James has proposed a legislation titled the Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act. If passed, the act would establish a comprehensive regulatory framework for the cryptocurrency indus...
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Binance security breach results in loss of 7000 bitcoins
May 08,2023
One of the largest online exchanges in the world,Binance, reported a security breach in which unknown hackers stole 7070 bitcoins (around US$43 million). Binance has established a safe trust fund and users will not lose their deposits. According to t...
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BITT and eGA sign a historic MOU to benefit countries across the Caribbean
May 07,2023
In order to achieve greater accessibility and efficiency in the public's everyday interaction with their government, in countries across the Caribbean, Bitt, the Barbados-based financial technology company, has signed a three-year Memorandum of Under...
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Money transfer group Mukuru acquires fintech Zoona's assets in Malawi
May 06,2023
On 5 May, African based international money operator and remittance, Mukuru, confirmed their purchase of Zoona's operational and technological assets in Malawi. Zoona is an African based fintech company that helps entrepreneurs bring reliable financi...
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Project Leap: Building quantum-resistant IT environments for financial security
May 05,2023
The BIS Innovation Hub's Eurosystem Centre, along with the Bank of France and Deutsche Bundesbank, have launched Project Leap. The project aims to create quantum-resistant IT environments for the financial system, as quantum computers pose a potentia...
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The Government of Venezuela is offering a discount on oil if paid by Petro cryptocurrency
May 01,2023
 Venezuela is working toward strengthening the first ever national cryptocurrency Petro, allegedly backed by the five billion barrels of Venezuelan oil. By the recent reports, the 30 per cent discount is offered to India for the Venezuelan crude...
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Coinbase is taking legal action to get the clear guidelines on digital assets
Apr 25,2023
Cryptocurrency exchange Coinbase is taking legal action to force the US Securities and Exchange Commission (SEC) to provide more clarity around its regulations for digital assets. The move comes after the SEC threatened to sue Coinbase over its new c...
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Luxemburg grants Europe's first licence for the Bitcoin exchange
Apr 25,2023
Online exchange Bitstamp, announced that Luxembourg has granted it a payment institution license, making the company the first nationally licensed Bitcoin exchange in the world. Under the European Union's 'passport' program, which allows financial se...
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Ukraine to adopt Europe's MiCA regulation around digital assets and cryptocurrency
Apr 24,2023
Ukraine has announced its intention to adopt the crypto regulations approved by the European Parliament in order to become a regional leader in crypto adoption. The government is already moving in that direction, and the State Tax Service of Ukraine ...
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First NFT insider trading case to begin this week
Apr 24,2023
The first insider trading case will take place this week in New York, USA, against the former manager of the world's largest non-fungible tokens (NFTs) marketplace, OpenSea. Defendant Nathaniel Chastain allegedly used confidential information about w...
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