Stablecoins are reshaping the financial landscape, especially in small nations where traditional banking infrastructure is limited and currencies are often unstable, turning their adoption into a genius act of financial …
regulations
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Crypto.com secures MiFID license, expanding its services across European markets. Users can now access stocks, derivatives, and CFDs via Crypto.com. The company now combines crypto and traditional finance under EU …
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Russia’s new rules exclude USDT from domestic use due to sanctions risks. Cross-border crypto transactions, including USDT, remain legal for international trade. The Central Bank of Russia has banned the …
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News
Trump Crypto Ventures Face Investigation Over Fraud, Bribery, and Conflicts Of Interest
by SKby SKTop House Democrats have launched an inquiry into President Donald Trump’s crypto ventures, citing concerns over potentially illegal fundraising, foreign influence, and abuse of political power. In line with this, …
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Binance asks all Indian users to re-verify KYC for AML compliance. Exchange collects PAN data to meet India’s money laundering law requirements. In a recent development, Indian users of the …
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On April 2, the US House Financial Services Committee passed the STABLE Act, which now needs to pass a full House vote and then a Senate vote in its next …
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The House Financial Services Committee approved the STABLE Act with 32 votes to regulate stablecoins. Lawmakers debated Trump’s crypto participation and stablecoin interest earnings before approving the law. The US …
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Story Highlights Thai SEC sues OKX for unlicensed crypto trading operations. Nine individuals accused of promoting OKX’s illegal exchange activities. OKX used social media for unapproved crypto trading expansion. Thailand’s …
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Business
Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan
by SKby SKKey Takeaways Bank of America plans to issue a stablecoin once regulatory clarity is available. The proposed stablecoin would be fully dollar backed and resemble existing financial products. Share this …
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Exchanges
Cryptocurrency exchange Kraken: Delists Five Stablecoins to Comply with MiCA Regulations
by SKby SKCryptocurrency exchange Kraken has announced its decision to delist five stablecoins for users in the European Economic Area (EEA) as part of its compliance with the European Union’s Markets in …
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