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Crypto News
The US House of Representatives will vote on infrastructure bill this week
While Speaker Nancy Pelosi anticipates passage of the infrastructure plan, Democrats are split on whether to do so before the details of a follow-up $3.5 trillion measure are determined.
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Canadian Authorities Issue Warnings Regarding Crypto
The Canadian Securities Administrators (CSA) and the Investment Industry Organization of Canada have both identified predatory marketing campaigns by crypto trading platforms in Canada…
President Bukele claimed Salvadorans ‘actively’ utilizing the Chivo wallet.
El Salvador became the first country to legalize bitcoin as currency on Sept. 6, garnering both praise and criticism from the worldwide community.
President Nayib Bukele of El Salvador…
Money Laundering Rules for Crypto Providers in Switzerland
FINMA requires all cryptocurrency providers to step up their game and monitor for the usage of digital assets in illegal transactions by criminals.
According to reports, Switzerland's…
China’s Largest Ethereum Mining Pool Discontinues Operations
The world's largest Ethereum mining pool has announced that it will cease providing services to mainland Chinese miners.
Hangzhou-based Sparkpool stated in a Friday notice that it will…
Adoption of crypto is a ‘huge challenge,’ according to PBoC
Despite local players experimenting with digital yuan-pegged stablecoins, the PBoC Chinese central bank maintains its anti-crypto stance.
The rapid adoption of cryptocurrencies such as…
Canadian Regulator Issues Guidelines on Crypto Trading Platforms
The Canadian government has released a guideline for cryptocurrency trading platforms. The guideline addresses marketing practices, securities violations, contests reminiscent of gambling,…
The SEC Chairman to not believe in Cryptocurrencies’ Long-Term Viability
The Chairman of the United States Securities and Exchange Commission (SEC) believes cryptocurrencies will not live long.
SEC Chairman Gary Gensler compared cryptocurrencies to previous…
Biden to select a law professor to lead the OCC
Omarova has claimed that she wishes to "end banking as we know it," but fears that major financial organizations can misuse the cryptocurrency market in ways that are invisible to…
China Pumps $19 Billion into Evergrande Bailout
Evergrande, the Chinese real estate giant, has defaulted on its debt payment, and concern of the company's payment default has resulted in a global financial market depression.
Many feel…
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