encrypted assets
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What Does Bitcoin Hash Mean (Bitcoin Hash Function)
What does Bitcoin hash mean? What does Bitcoin hash mean? In fact, it is relate
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The Bank of Korea plans to include stable currency in its regulatory scope and legislate separately
On April 27th, the Bank of Korea stated in its \”2022 Payment and Settlement Report\” released today: \”Regulatory authorities are responsible for the basic supervision of encrypted a
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US SEC and Lawmakers Discuss Encrypted Assets: A Call for Collaboration
On April 22nd, the US SEC and lawmakers held two separate meetings this week to discuss a series of topics in the field of encrypted assets. Bryan Daugherty, Global Public Policy D
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The Whale that Rode the Crypto Wave: A Look at the Whopping $232 Million in Encrypted Assets
According to reports, according to Lookonchain monitoring, a giant whale received 10633 ETHs from Wintermute Trading and exchanged them for 19.6 million USDCs at a price of $1851,
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Accounting Standards for Encrypted Assets: A Proposal by FASB
On April 3rd, it was reported that the Financial Accounting Standards Board (FASB) of the United States has proposed an update to accounting standards for and disclosure of encrypt
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Flex Yang Launches HOPE, a Distributed Stable Currency with Native Encrypted Assets as Reserves
On April 3rd, it was reported that former founder of Babel Finance, Flex Yang, launched a distributed stable currency HOPE with native encrypted assets as reserves. The Sepolia tes
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SwissBorg Raises $23 Million in A-Round Community Financing
On April 3rd, it was reported that SwissBorg, a cryptocurrency startup headquartered in Lausanne, Switzerland, completed a $23 million A-round community financing, with a total of
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#The Growing Trend of Digital Assets in Russian Households: An Overview of CBR Data
According to reports, the Central Bank of the Russian Federation (CBR) released an estimate of the digital assets held by the public in its latest household financial report. Accor
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Disclosure of Encrypted Asset Risk: Canadian Government Mandates Pension Funds to Report Exposure
According to reports, the Canadian government has stated that as Ottawa strengthens its regulation of volatile industries, federally regulated pension funds in the country will nee
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OpenLevel Launches New Unlicensed Liquidity Market Feature: All You Need to Know
On March 29th, according to official news, OpenLevel, a decentralized lending and margin trading agreement, announced the recent launch of a new unlicensed liquidity market feature
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EU legislators vote on restricting transfers of large self custody encrypted assets
According to reports, EU lawmakers are scheduled to ban voting on the transfer of large encrypted assets from anonymous self hosted wallets on March 28th local time. Under the curr
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Regulations Governing Token Deposits and Encrypted Assets Set to Take Effect in South Africa
On March 26, Gerhard van Deventer, a senior financial technology analyst at the Reserve Bank of South Africa (SARB), recently revealed that the regulations governing token deposits
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The Need for Consistency in Encryption Laws for Banks in the Euro Area
According to reports, in its annual report released on Tuesday, the European Central Bank stated that due to differences in encryption laws in the region, the requirements for encr
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Giant Whale Address Withdraws Nearly $40.5 Million in Encrypted Assets from Coin An in One Hour
According to reports, according to Lookonchain data, a giant whale address withdrew nearly $40.5 million in encrypted assets from Coin An an hour ago. It includes 1149 BTCs (approx
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The Need to Protect Encrypted Assets from Traditional Banking Failures
According to reports, Jeremy Allaire, co founder and CEO of Circle, recently accepted an interview with Bloomberg. Jeremy Allaire talked about the recent turmoil in the banking industry and its impact on USD Coin. Jeremy Allaire’s view that traditional banking systems need to be protected from encrypted assets is no longer valid. Jeremy Allaire believes that recent developments have proven that the situation has reversed and that its cryptographic entities need to be protected from the impact of traditional bank failures. Circle co founder: $3.3 billion stranded at SVB will be fully recovered Analysis based on this information:In a recent interview with Bloomberg, Jeremy Allaire, co-founder and CEO of Circle, discussed the impact of the recent turmoil in the banking industry on cryptocurrencies, specifically on the USD Coin. Allaire expressed his belief that the traditional view that banking systems need to be protected from encrypted assets is no longer valid. Instead, he argued that recent developments have shown that…
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IMF Warns G20 Countries of the Risks of Encrypted Assets
It is reported that the International Monetary Fund (IMF) has warned G20 countries that the widespread use of encrypted assets may cause banks to lose deposits and reduce loans. The report said: “The widespread use of encrypted assets has brought huge risks to the effectiveness of monetary policy, exchange rate management, capital flow management measures and fiscal sustainability. In addition, central bank reserves and the global financial safety net may need to be changed, resulting in potential instability. Finally, banks may lose deposits and have to reduce lending.” The report also pointed out that, “Although the importance and relevance of specific risks vary from country to country, there are many risks in encryption assets.” However, despite the “significant risks, encryption assets have developed technologies that can be used by the public sector to achieve their own policy objectives”. IMF: The widespread use of cryptocurrency may cause banks to lose deposits and reduce loans Analysis based on this information:The International Monetary…
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HSBC and Nationwide tighten restrictions on UK retail customers’ access to encrypted assets
It is reported that according to a Bloomberg message, HSBC and Nationwide Building Society have strengthened restrictions on UK retail customers\’ access to enc…
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FATF agrees on action plan for global implementation of encrypted asset standards
It is reported that the Financial Action Task Force (FATF) said that representatives from more than 200 jurisdictions have reached an agreement on the \”action …
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Clarification on United States Securities Law and Encrypted Assets
According to reports, Gary Gensler, chairman of the United States Securities Commission, reiterated in a recent interview with New York magazine (NYMAG) that a…
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IMF Favors Regulation of Encrypted Assets over Ban
It is reported that the International Monetary Fund (IMF) prefers to distinguish and regulate encrypted assets rather than implement a thorough ban, although t…