# Canadian regulatory council creates new preregistration filing for crypto platforms

# Canadian regulatory council creates new preregistration filing for crypto platforms

” Canadian regulatory council creates new preregistration filing for crypto platforms “ The Canadian Securities Administrators (CSA), the council of provincial and territorial securities regulators, announced Monday that crypto trading platforms will be expected to provide a preregistration undertaking to their principal regulators as they take steps to comply fully with securities regulation. Two platforms, Crypto.com…

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# Tornado Cash community fund multi-signature wallet disbands amid sanctions

# Tornado Cash community fund multi-signature wallet disbands amid sanctions

” Tornado Cash community fund multi-signature wallet disbands amid sanctions “ Following the sanctions placed by the United States on USD Coin (USDC) and Ethereum (ETH) addresses associated with the crypto mixer Tornado Cash (TORN), the signatories of the projects’ multi-signature community fund disbanded.  In 2021, the Tornado Cash community created a fund to provide…

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# AML and KYC: A catalyst for mainstream crypto adoption

# AML and KYC: A catalyst for mainstream crypto adoption

” AML and KYC: A catalyst for mainstream crypto adoption “ For Satoshi Nakamoto, the creator of Bitcoin (BTC), the motivation to create a new payment ecosystem from scratch in 2009 stemmed from the economic chaos caused by the banking sector’s over-exuberant and risky lending practices mixed accompanied by the bursting of the housing bubbles…

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# Indian authorities freeze more crypto funds over money laundering allegations

# Indian authorities freeze more crypto funds over money laundering allegations

” Indian authorities freeze more crypto funds over money laundering allegations “ India’s Directorate of Enforcement (ED) announced Friday that it has frozen the financial accounts of Bengaluru-based financial services company Yellow Tune Technologies, some of which were held by Flipvolt crypto exchange, the Indian branch of Singaporean Vauld. The move is linked to an…

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# Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

# Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

” Uzbekistan blocks access to foreign crypto exchanges over unregistered trading “ The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.  In a statement from Aug. 10,…

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