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Indians moved cryptos to foreign exchanges in 2022

Research shows that India’s new tax policy has driven the country’s cryptocurrency users away from national exchanges over the last year. According to a new report from the Esya Centre, Indian citizens have moved over $3.8 billion in trading volume from local to international cryptocurrency exchanges since the country announced new tax rules for blockchain-based […]
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Japans 1 Trillion Crypto Market May Ease Onerous Listing Rules

Japan to lift its ban on foreign stablecoins in 2023

Japan’s Financial Services Agency (FSA) is set to lift the ban on foreign-issued stablecoins in 2023. The newly revised stablecoin act aims to regulate all virtual currencies and limit their issuance to banks and fund transfer companies, which can present collateral assets. The FSA plans for stablecoins in Japan would give domestic entities the power […]
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