regulatory clarity
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Millennials Represent the Majority of Cryptocurrency Ownership
According to reports, a new survey shows that 46% of millennials in major population countries such as the United States, China, Japan, Germany, Indonesia, and Nigeria own cryptocu
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Critics: The European Cryptocurrency Act MiCA was already outdated before it came into effect
According to reports, on Thursday, European lawmakers approved the \”Crypto Asset Market Regulation\” law (MiCA), which will become the first rule provided by the EU to regulate the
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The United States is Handing Over Cryptocurrencies to the Rest of the World: What Does It Mean for Ethereum?
According to reports, independent Ethereum educator Sassal. eth: The United States is handing over cryptocurrencies to the rest of the world. This is conducive to the decentralizat
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Cryptocurrency Exchanges May Withdraw From the U.S. Due to Lack of Regulatory Clarity
According to reports, Brian Armstrong, CEO of Coinbase (COIN), stated that if the regulation of the cryptocurrency industry in the United States is unclear, cryptocurrency exchange
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Uphold will end its pledge service for US customers on April 27th
It is reported that Uphold, the cryptocurrency exchange, has sent an email to customers stating that it will end its pledge service for U.S. customers on April 27, 2023. Uphold confirmed that the Securities and Exchange Commission has not contacted it and will terminate its pledge service in the United States, “until legal and regulatory clarity becomes clearer.” Interpretation of this information: The announcement from Uphold, a well-known cryptocurrency exchange, that it will be ending its pledge service for U.S. customers has caused a stir in the industry. The company…
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The Secretary of State of the Department of Commerce and Trade of the United Kingdom met with the CEO of Circle to discuss the regulation of digital assets in the United Kingdom
According to reports, Dominic Johnson, Secretary of State for Commerce and Trade, CBE, met with Jeremy Allaire, Chief Executive Officer of Circle, and Teana Baker Taylor, Vice President of Policy and Regulatory Strategy of Circle, to discuss the UK’s approach in the field of digital assets, and stated that digital assets are likely to shape the future of financial technology. With correct regulatory clarity, the UK will still be a strategic growth market. Interpretation of this information: The meeting between Dominic Johnson, Secretary of State for Commerce and Trade, CBE,…
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Cryptographic company BCB Group suspended the US dollar payment pilot plan due to the closure of Signature Bank
It is reported that BCB Group, a London-based crypto financial services company, suspended a planned US dollar payment plan after the regulator closed Signature Bank earlier today. Interpretation of this information: BCB Group, a London-based crypto financial services company, recently announced that they have suspended their plan to launch a US dollar payment plan. The sudden decision was made after Signature Bank, a United States-based commercial bank, was shut down by regulators. This development is significant, as it reflects the challenges and uncertainties that crypto businesses face when trying to…