Regulation
U.K. bill to regulate crypto assets passes into law, offering ‘rocket boost’ for economy
A U.K. bill to recognize cryptocurrency trading as a regulated financial activity passed into law on Thursday.
Tom Zuo
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Regulation
Binance to change euro banking partner from September
Binance’s euro banking partner, Paysafe Payment Solutions, will stop offering its services for the world’s largest cryptocurrency exchange from Sept. 25.
Zoltan Vardai
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Regulation
EU publishes draft bill for digital euro and cash payments
The European Commission released two proposals on Wednesday, one for the digital euro, the ECB's CBDC, and a legislative proposal to safeguard the role of cash.
Zoltan Vardai
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Regulation
Singapore outlines design framework for interoperable networks in collaboration with financial firms
The Monetary Authority of Singapore (MAS), the city state’s central bank, has proposed a framework for designing open, interoperable networks for digital assets, developed jointly with the Bank for International Settlements and other financial institutions.
Pradipta Mukherjee
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Regulation
Japan exempts cryptocurrency issuers from 30% tax on unrealized gains
Cryptocurrency issuers in Japan are now exempt from paying a 30% corporate tax on unrealized gains on tokens.
Danny Park
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Regulation
Binance Abu Dhabi’s Longman discusses UAE’s crypto boom
Binance Abu Dhabi's chief Dominic Longman discusses the UAE's approach to cryptocurrencies and the state's support for innovation.
Maha Shah
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Regulation
OKX crypto exchange to be operational in Dubai within the year, says executive
Seychelles-registered cryptocurrency exchange OKX, which says it is the world’s second-largest crypto platform by trading volume, opened an office in Dubai on June 15 as part of its global expansion and aims to raise staff numbers to 30 to tap opportunities in the region.
Jenny Ortiz
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Regulation
Ripple gets in-principle approval for Singapore digital payment license
The Asia-Pacific arm of San Francisco-based technology firm Ripple Labs saidThursday it received in-principle approval to start offering digital payment services in Singapore.
Pradipta Mukherjee
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Regulation
Hong Kong is the crypto industry’s beacon amid the current storm: Opinion
The relationship between Hong Kong and crypto will likely only grow stronger over time, as it’s based on mutual respect as well as need, writes Lily King.
Lily Z. King
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Regulation
Citadel, Fidelity, Schwab-backed crypto exchange launches amid U.S. crackdown
EDX Markets, a cryptocurrency exchange with backing from major Wall Street players such as Citadel Securities, Fidelity and Charles Schwab, officially launched on Tuesday.
Pradipta Mukherjee
