Category: Law of the Chain
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SEC extends XRP ETF review by 45 days affecting Grayscale and Bitwise
SEC delays decision on three XRP ETFs including Grayscale and Bitwise; 2024 review extended by 45 days amid regulatory scrutiny.
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China Merchants Bank subsidiary launches Hong Kong crypto exchange in 2023
China Merchants Bank subsidiary CMB Wing Lung launched a licensed crypto exchange in Hong Kong, joining HashKey and OSL in serving 8 million residents.
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SEC delays 21Shares and CoinShares XRP ETF decisions to 2024
SEC delays XRP ETF decisions from 21Shares and CoinShares, impacting Ripple and crypto markets; 2024 review expected amid regulatory scrutiny.
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SEC delays XRP ETF approvals affecting $2 billion daily trades
The SEC delays XRP ETF approvals, impacting Ripple and Coinbase. Over $2 billion in XRP trades daily amid regulatory uncertainty.
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SEC delays Truth Social Bitcoin and Ethereum ETF decision to 2024
The SEC delayed its decision on Truth Social’s Bitcoin and Ethereum ETF until 2024, impacting Trump Media and DJT stock, with $10B in crypto assets at stake.
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Japan and South Korea set 2024 stablecoin regulatory frameworks
Japan and South Korea progress stablecoin regulations, with Japan approving 3 stablecoins and South Korea drafting laws for 2024 implementation.
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Jeju City probes 1,200 crypto transactions for $3.2 million tax evasion
Jeju City investigates 1,200 crypto transactions for tax evasion, targeting Binance and Upbit users, with $3.2 million in unreported assets identified.
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Brazil crypto industry opposes 15% tax affecting 10 million users by 2025
Brazil’s crypto industry, including Mercado Bitcoin and Foxbit, lobbies against proposed 15% tax, which could impact 10 million users by 2025.
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Crypto influencer sentenced for $3.5M cryptojacking scheme in 2023
Crypto influencer sentenced for a $3.5M cryptojacking scheme involving Ethereum and Bitcoin, affecting over 1,000 victims in 2023.
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South Korea proposes 2024 won-pegged stablecoin bill with BOK oversight
South Korea proposes a stablecoin bill pegged to the won, targeting 2024 implementation. Involves BOK and FSC, aiming to regulate digital currencies like KRWt.