# Recommending regulations: Crypto working groups make push for adoption

# Recommending regulations: Crypto working groups make push for adoption

“# Recommending regulations: Crypto working groups make push for adoption ” Although the cryptocurrency sector may still be considered the “Wild West” by some governments and regulators, continued adoption and emerging use cases show that digital currencies are here to stay. Some even argue that blockchain-based networks and decentralized finance, or DeFi, platforms may soon…

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# SEC reportedly contracts blockchain analytics firm to monitor DeFi industry

# SEC reportedly contracts blockchain analytics firm to monitor DeFi industry

“# SEC reportedly contracts blockchain analytics firm to monitor DeFi industry ” The U.S. Securities and Exchange Commission has reportedly signed a $125,000 deal with blockchain analytics firm AnChain.AI to help monitor and regulate the decentralized finance industry. According to a Friday report from Forbes, an AnChain.AI company spokesperson confirmed the agreement with the federal…

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# Binance lawsuit: Claimants mount up in arbitration for decentralization

# Binance lawsuit: Claimants mount up in arbitration for decentralization

“# Binance lawsuit: Claimants mount up in arbitration for decentralization ” When does decentralization stop being an experiment in technological democracy and start being a way to avoid accountability? That’s the question at the heart of a potential $100 million arbitration lawsuit against cryptocurrency exchange Binance, where close to 1,000 traders seek damages for losses…

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# Let’s be clear: Blockchain technology is infrastructure

# Let’s be clear: Blockchain technology is infrastructure

“# Let’s be clear: Blockchain technology is infrastructure ” In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on…

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# CFTC commissioner says agency has broad enforcement authority on crypto derivatives

# CFTC commissioner says agency has broad enforcement authority on crypto derivatives

“# CFTC commissioner says agency has broad enforcement authority on crypto derivatives ” Dawn Stump, one of four commissioners currently serving at the Commodity Futures Trading Commission, or CFTC, has released a statement clarifying the agency’s authority with respect to digital assets.  In a Monday statement, Stump said the CFTC is empowered with both regulatory…

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# 81% of finance execs say blockchain has gone mainstream: Survey

# 81% of finance execs say blockchain has gone mainstream: Survey

“# 81% of finance execs say blockchain has gone mainstream: Survey ” Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), has already gained mainstream popularity, according to global finance executives polled by Big Four auditing firm Deloitte. According to Deloitte’s 2021 Global Blockchain Survey, 81% of the financial services industry (FSI) executives believe that…

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# PayPal launches crypto services for UK customers

# PayPal launches crypto services for UK customers

“# PayPal launches crypto services for UK customers ” Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal for the first time — marking a significant milestone for a company that began offering digital asset services less than a year ago.  The global payments provider…

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