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Bitcoin Regulation

South Korea to Loosen Crypto Rules in Cooperation With G20 Directive

South Korea, a country that has banned ICOs, plans to loosen restrictions on cryptocurrencies based on efforts by G20 to create uniform regulations, according to The Korea Times. The G20 meeting established a July deadline for taking a first step on “unified regulations.” The recent announcement from South Korea is part of a loosening of The post South Korea to Loosen Crypto Rules in Cooperation W...
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SEC Mulls Unconventional Bitcoin ETF Application

The U.S. Securities and Exchange Commission (SEC) has formally issued a call for public comment on yet another proposal to list a bitcoin ETF (exchange-traded fund) on a regulated exchange. VanEck, SolidX Partner to Create Physically-Backed Bitcoin ETF This development came in response to a proposal, submitted by Chicago-based derivatives exchange CBOE, to list and The post SEC Mulls Unconventiona...
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U.S. Lawmakers Call to Halt Crypto Use In Facilitating Illicit Activities

The U.S. House of Representatives has passed a bill requiring the Comptroller General of the United States to propose laws and regulations to put an end to drug and sex trafficking after examining how cryptocurrencies and online marketplaces facilitate these activities. The bill, H.R. 6069, sponsored by Rep. Juan Vargas, is titled, “Fight Illicit Networks The post U.S. Lawmakers Call to Halt Crypt...
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Australia Central Bank Admires Bitcoin But Says It Has ‘Flaws’

“Even if one is quite skeptical of whether bitcoin will have a significant role in the economy in the future, I think it is hard to avoid some admiration for its design,” Reserve Bank of Australia official Tony Richards thus addressed bitcoin and cryptocurrencies in general in a speech to the Australian Business Economists in The post Australia Central Bank Admires Bitcoin But Says It ...
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Cambodia Issues Warning Against Unlicensed Cryptocurrency Trading

Authorities in Cambodia have formally warned domestic investors that they risk incurring penalties for buying, selling, or trading cryptocurrencies without getting a license first. “Any person or legal entity that propagates to mobilize funds, buys, sells, trades or settles Crypto Currencies without obtaining license from competent authorities shall be penalized in accordance with applicable...
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