Crypto should mimic TradFi rules: Global securities regulator IOSCO
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Korean banks will need to classify crypto exchange clients as ‘high risk’
A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators. 1478 Total views 1 Total shares New rules announced by South Korea's Financial Services Commission, or FSC, are expected to affect around 60 unauthorized cryptocurrency exchanges in the country and a new policy for banks…

US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion
The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.

Chinese mining pools’ hash power plummets amid regional blackouts
Blackouts for safety inspections in China’s Xinjiang region have significantly impacted the hash rate of many top Chinese Bitcoin mining pools. 5318 Total views 20 Total shares The hashing power of top Bitcoin mining pools located in Northwest China appears to have plummeted due to a regional blackout to enable safety inspections.The news was reported…

Belgian MP receives Bitcoin salary for a year: Here’s what he learned
Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers. 474 Total views 17 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTAt the end of January 2022, member of the Belgian parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin…

Bitcoin network used to secure local GOP convention election results
Sufficiently decentralized blockchain networks can help preserve sensitive data in a tamper-proof way and ensure election integrity. The Bitcoin network was used to secure and store the results of the Williamson County, Tennessee Republican Party Convention’s March 4 election to determine the leadership and board of the local GOP chapter. According to Simple Proof, the

US expansion for Huobi a step closer after it secures a FinCEN license
It says users in the United States can expect digital asset services to come in the future. 518 Total views 24 Total shares A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its Money Services Business (MSB) license from the United States Financial Crimes Enforcement Network (FinCEN).The Seychelles based Huobi said on…

MicroStrategy shares up 20% in the week following Trump’s victory, rate cuts
MSTR has surged over 486% in the past 12 months, with the company planning to expand its Bitcoin holdings through a $42 billion purchase by 2027.

Abu Dhabi proposes framework for fiat-referenced tokens
FRTs are a type of stablecoin backed by liquid assets denominated in the same currency as the token and can be liquidated with minimum adverse price effect.