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International Monetary Fund (IMF) expressed readiness to carefully study the cryptocurrency industry together with other regulators, to ensure international financial and economic stability.
The IMF published a document, which refers to new
Legal regulation of cryptocurrency
Cryptocurrency and blockchain regulation news, bitcoin policies of different countries.
US Congress plans to receive $28 billion from extended taxation of cryptocurrencies – Bits Media
US lawmakers want to find funds to finance infrastructure for $28 billion due to increased taxation of transactions with cryptocurrencies.
Revenues from new cryptocurrency taxes will be used to partial financing of investments in
media: US Department of Justice investigates Tether activity on suspicion of bank fraud – Bits Media
U.S. Department of Justice to review Tether's early-stage performance. USDT stablecoin issuer suspected of hiding information from banks.
U.S. Attorney's Office Investigates, Did Tether executives hide from banks, that their banking transactions
Vermont Regulator Requests BlockFi To Stop Placing Unregistered Securities – Bits Media
Vermont became the fourth state, ordering the termination of BlockFi's interest-bearing savings accounts.
Vermont Regulators Join New Jersey Requirements, Alabama and Texas. Last week
NatWest Bank Banned Binance Deposits Completely – Bits Media
Large UK retail and commercial bank NatWest has completely restricted deposits from its credit and debit cards to Binance cryptocurrency exchange due to regulatory uncertainty.
The bank has been limiting the size of deposits on exchanges for several weeks
South Korea obliges foreign exchanges to register with the regulator – Bits Media
Foreign cryptocurrency exchanges, serving South Korean citizens, must register with the regulator before 24 september. Otherwise, access to the sites will be blocked.
According to the Yonhap News publication, Korea Financial Intelligence Unit (KFIU
Japan's FSA will strengthen oversight of cryptocurrencies and DeFi – Bits Media
Japan Financial Services Agency (FSA) created a decentralized finance oversight unit (DeFi), and the Ministry of Finance plans to increase the number of employees of its cryptocurrency division.
According to a Reuters publication citing three unnamed
Former SEC Officer Will Testify in Ripple Trial – Bits Media
Ripple leverages statements from former SEC corporate finance director William Hinman, that ETH is not a security. This is how the company wants to prove to the court, that this also applies to XRP.
Last year, the US Securities and Exchange Commission (SEC) accused Ripple and its leaders