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G7 to support tighter global crypto regulations

The international Group of Seven, better known as the G7, is reportedly primed to push for stronger cryptocurrency laws to boost the sector’s transparency and improve consumer protection. A report published by a leading Japanese news agency, Kyodo News, claims that G7 intends to support the creation of more stringent cryptocurrency laws worldwide to strengthen […]
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Indian government announces new crypto regulations

India’s stance on cryptocurrency and token transactions has been a topic of much discussion in recent times. Now, the country’s finance ministry has issued a notice outlining its plan to regulate virtual digital assets and clarifying the application of anti-corruption regulations in the Prevention of Money Laundering Act (PMLA) to the crypto industry. The notice states […]
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Argentina’s NSC set to establish regulations for crypto businesses 

Crypto companies domiciled in Argentina will be subjected to the newly established regulatory requirements of Argentina’s National Securities Commission (CNV). According to the CNV, the fundamental motivation behind the new regulations for cryptocurrency businesses is to adhere to the global standards demanded by the Financial Action Task Force, which will assess Argentina in 2024. If […]
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White House wants Congress to “step up its efforts” on crypto regulations

On Friday, the Biden administration asked the United States Congress to expand regulators’ authority in policing the crypto industry. Four senior White House officials published a statement titled ‘The Administrations Roadmap to Mitigate Cryptocurrencies’ Risks.’ It urged Congress to “step up its efforts” in crypto market regulations.  Contents of the statement The administration’s primary focus is to […]
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EU imposes strict regulations on banks holding crypto

European Union lawmakers have imposed strict measures for banks holding digital assets in a bid to limit the amount of unregulated cryptocurrency that banks can hold.  Strict rules for banks holding cryptocurrencies The European Union (E.U.) Parliament’s Economic and Monetary Affairs Committee has enforced increased capital requirements for any financial entity holding cryptocurrencies. According to […]
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