regulatory framework
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Cryptocurrencies and the Need for Eradicating Fraud and Manipulation: Insights from CFTC Chairman
According to reports, CFTC Chairman Rostin Behnam stated that there is a need to eradicate fraud and manipulation in cryptocurrencies.
CFTC Chairman: The need to eradicate fraud an -
Understanding the Implications of Banning Social Media Influencers from Promoting Unauthorized Encryption Products
According to reports, Adan, a lobbying group in the French encryption industry, said that plans to ban social media influencers from promoting unauthorized encryption products woul
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Treating Cryptocurrency Industry Fairly in the United States
According to reports, on March 29th, at the World of Web3 (WOW) Summit held in Hong Kong, Sean Lee, a consultant to Crypto Council for Innovation and co founder of Odsy Network, st
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The Digital Assets Act of 2023: Protection and Promotion of Cryptocurrency in Australia
According to reports, Australian Senator Andrew Bragg has submitted a private senator bill called the Digital Assets Act of 2023 to protect consumers and promote investors, includi
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Australian Senators Propose Private Bill to Accelerate Cryptocurrency Regulation
According to reports, Australian Senator Andrew Bragg has submitted a private senator bill called the Digital Assets Act of 2023 to protect consumers and promote investors, includi
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UK Treasury Cancels NFT Minting Plan: What It Means for the UK’s Crypto Landscape
It is reported that the UK Treasury is canceling its plan to issue a government supported NFT aimed at making the UK a global cryptocurrency center. Originally proposed by British
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Chief Executive Officer of UK FCA: unable to develop a regulatory framework to protect crypto investors from losses
On March 9, Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), told the Special Committee of the Ministry of Finance on Wednesday that FCA could not create a regulatory framework for cryptoinvestors to protect them from losses. Rathi said: “No matter what we do in terms of regulation, we cannot establish a framework to protect consumers from losses. Under any circumstances, people should never expect to be compensated in this way.” Interpretation of this information: The statement made by Nikhil Rathi, the chief executive of the Financial…
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US Treasury Secretary Yellen: It is not recommended to completely prohibit encryption activities, but a strong regulatory framework needs to be established
According to reports, US Treasury Secretary Yellen said that it was not recommended to completely ban encryption activities, but it was crucial to establish a strong regulatory framework. Interpretation of this information: The issue of encryption has been a controversial topic for many years, with some people advocating for the complete ban of encryption activities while others see it as a crucial tool for privacy and security. Recently, US Treasury Secretary Yellen added her voice to this discussion, stating that a complete ban on encryption activities is not recommended. However,…
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PoS Alliance issued a white paper on the legal aspects of liquidity pledge
On February 22, the non-profit industry alliance PoS Alliance (POSA) released two white papers to study the status of deposit tokens in the securities and tax laws of the United States. These documents were written by representatives of more than 10 industry organizations. According to the accompanying statement, these documents are intended to provide “a framework for meaningful legislative codification or clarification”. They also aim to provide a basis for self-regulatory standards. Interpretation of this information: PoS Alliance (POSA), a non-profit industry alliance, has released two white papers to study…
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Gemini joint venture: the next bull market will start from the east
According to reports, Cameron Winklevoss, co-founder of Gemini Crypto Exchange, said in a social media message that the next bull market will start from the east, which will be a humbling reminder that cryptocurrency is a global asset class, while the west, in fact the United States, has only two choices, either accept or be left behind. Any government that does not provide clear rules and sincere guidance will be eliminated. Otherwise, it will miss the greatest growth period since the rise of the commercial Internet, and the opportunity to…
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Oman’s capital market regulator plans to establish a virtual asset regulatory framework
On February 16, the Oman Capital Market Authority, the financial market regulator of Oman, said that it planned to establish a virtual asset framework to “regulate and develop the virtual asset market of the Sultanate of Oman”. Interpretation of this information: The Oman Capital Market Authority announced on February 16 that it has plans to create a regulatory framework for virtual assets in Oman. Despite the fact that virtual assets are not currently recognized as legal currency in Oman, the regulator recognizes their potential and wants to make sure that…