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Panama’s latest bill will recognise BTC and ETH as payment methods
Bitcoin is now a legal tender in El Salvador, and some other countries are now working on recognising payments with cryptocurrencies Panama is looking to make Bitcoin and Ether payments legal in the...
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US Treasury, IRS consider crypto tax guidance a priority
Tax agencies globally are starting to issue guidance on cryptocurrencies to ensure people pay taxes on their crypto investments The United States Treasury and the Internal Revenue Services (IRS) have...
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Cryptos are a highly speculative asset class: Gary Gensler
The crypto community had thought Gensler’s appointment was good for the industry, but he has been very critical of cryptocurrencies The chairman of the United States Securities and Exchange Commission...
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US SEC approves Volt Equity’s crypto stock ETF
The US SEC is yet to approve a cryptocurrency ETF, but it is considering those that indirectly track the performance of the coins The United States Securities and Exchange Commission (SEC) has approved...
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WeChat has censored Binance and Huobi searches
China has banned cryptocurrency services in the country and companies are making it harder for crypto entities to operate China’s leading messaging platform, WeChat, appears to have censored searches...
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Global regulator FATF set to release its crypto guidance next week
Financial regulators are starting to focus their attention on the cryptocurrency space as the market becomes a $2.7 trillion industry. The global anti-money laundering watchdog, the Financial Action...
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FDIC chair says banks should be allowed to hold crypto
United States regulators are increasingly becoming involved with cryptocurrencies as the market continues to grow and evolve. The chairman of the United States Federal Deposit Insurance Corporation...
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United States’ controversial infrastructure bill receives parliament approval
The House of Representatives passed the bill with a 228-206 majority The United States’ controversial bipartisan infrastructure bill was passed by the House of Representatives yesterday despite...
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Commercial banks in Nigeria monitoring accounts suspected of crypto transactions
Employees failing to monitor accounts in their system will be penalised, an internal memo said Less than a week after the Central Bank of Nigeria ordered all commercial banks to freeze accounts...
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Honduras’ Central Bank Dismisses Bitcoin Legal Tender ‘Rumours’
Honduras’ central bank says there are no such plans, although they acknowledge they are looking into the feasibility of a central bank digital currency (CBDC). Bitcoin as a legal tender chatter in the...
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