News

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  Costa Rica Considers New Law to Restrict Bitcoin Transactions

  A proposed law in Costa Rica may limit the use of Bitcoin for daily transactions. Despite regulatory concerns, there is optimism about future robust crypto regulations.

  10 April 2024
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  Coinbase Becomes Canada’s First Licensed International Crypto Exchange

  In a significant regulatory achievement, Coinbase has secured a license to operate as a restricted dealer in Ontario, Canada. This milestone positions Coinbase as the first international crypto exchange to comply with Canada’s stringent crypto regulations.

  07 April 2024
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  US Government Transfers $131 Million in Bitcoin to Coinbase Wallet

  In a significant transaction, the US government sent 2,000 BTC to a Coinbase wallet, totaling $131 million. This follows their previous auction of Silk Road BTC.

  05 April 2024
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  Coinbase Shifts USDC Balances to Base Network for Enhanced Efficiency

  Coinbase's transition to the Base network for storing USDC balances aims to improve the management and security of customer funds. This strategic move could inspire other crypto companies.

  02 April 2024
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  Russia's Finance Minister Supports Cryptocurrency Regulation Over Ban

  Anton Siluanov supports crypto regulation in Russia, highlighting ongoing discussions with the Bank of Russia about using cryptocurrencies for financial transactions and mining.

  01 April 2024
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  London Stock Exchange to Launch Bitcoin and Ethereum ETNs in May 2024

  LSE plans to introduce Bitcoin and Ethereum ETNs, conditional upon FCA approval. Issuers have until April 15, 2024, to fulfill all requirements for the May 28, 2024, launch.

  29 March 2024
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  Estonia Overhauls Crypto Regulations, Sets New Standards for 2026

  From 2026, crypto businesses in Estonia will face strict oversight by the Financial Supervision Authority. New laws significantly increase operational standards and fines, pushing firms to adopt banking-level security measures.

  26 March 2024
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  Japan's Largest Pension Fund Considers Bitcoin Amid Low-Yield Environment

  GPIF, the world’s largest pension fund, is considering Bitcoin as part of its strategy to diversify into illiquid alternatives. Rising crypto trading volumes in Japan and the recent interest rate adjustment are key factors driving this exploration.

  23 March 2024
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  OKX Halts Tether Trading in EEA Ahead of MiCA Regulation

  In line with the EU’s impending MiCA regulation, OKX has ceased Tether trading in the EEA. The decision highlights a significant shift towards stricter governance of stablecoins like USDT, aiming to safeguard the financial ecosystem.

  20 March 2024
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  Poland Grants KNF Power to Block Crypto Accounts for 96 Hours

  Poland's KNF now has the power to freeze crypto accounts for up to six months with the prosecutor’s office’s permission. This move comes as crypto firms are moving to Poland ahead of the EU’s MiCA legislation, aiming to enhance regulatory measures.

  12 March 2024