New South Korean Policy Amendments Confirms Ban on Privacy Coins

Privacy coins have received a significant amount of pushback in recent times, with regulators wary of their possible criminal links. In what could be a trend from now on, South Korea, a major crypto hub, has confirmed that it would ban these assets in the new year. Cutting Out Criminal Activity Earlier …

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SEC Fines Rapper T.I’s Promoters as Failed ICO Case Gradually Wraps Up

Grammy award-winning artist Clifford “T.I” Harris Jr. has had a checkered past with financial regulators over crypto tokens. In what could signal a possible legal headache for him, the Securities and Exchange Commission (SEC) confirmed that two of his associates would pay fines in a recently-opened case. Fines for a Wrong Promotion …

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Vietnamese Education Ministry Launches Blockchain Certifications Initiative 

Blockchain adoption has come in many ways over the years. However, while many have used the technology to shape their financial systems, the Vietnamese government is lending its efficiency to the educational sector. Earlier this week, Singapore-based blockchain startup TomoChain announced that it had partnered with the Vietnamese Ministry of Education and …

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Dutch Bitcoin Exchange Reverses Course on New Identity Verification Measures

The Dutch cryptocurrency industry has become the poster child for rebellion against authorities. Players in this country have gained notoriety for not taking it lightly to developments that might hamper them. However, that stance might be thawing as a top exchange recently consented to the government’s regulations over user data.  Everyone Should Fall …

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Pakistan Releases Consultation Paper on Potential Crypto Regulation 

Pakistan is working on a possible crypto regulatory regime as it seems poised to embrace the nascent industry. Earlier this month, the Securities and Exchange Commission of Pakistan (SCEP) announced that it had begun examining other countries’ regulatory regimes, with a view of developing a robust framework for itself. Creating an Enabling Crypto …

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SEC Boss Jay Clayton to Step Down in December 2020

The United States Securities and Exchange Commission (SEC) has been a thorn in the crypto industry’s side, to say the least. Initially supposed to ensure financial development, the agency has been notorious for hamstringing cryptocurrencies and dragging its heels on regulatory clarity. However, things could change soon. Ding Dong, Clayton is Gone According …

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BIS Executive Believes CBDC Craze Won’t Eradicate Cash 

Central Bank Digital Currencies (CBDCs) have continued to be one of the most prominent fixtures in crypto news. With more countries committing to currency digitization, some authorities remain bullish on cash and its role in the global economic system. Cash Remains Important to Citizens Earlier this week, Benoît Cœuré, the head of …

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