# Australian regulators seek public input on crypto ETPs

# Australian regulators seek public input on crypto ETPs

“# Australian regulators seek public input on crypto ETPs ” The Australia Securities and Investments Commission (ASIC) is seeking public feedback on on crypto-asset exchange-traded products (ETPs), stating that it is aware of rising interest and demand in their launch on regulated Australian markets. In a consultation paper released June 30, the regulator said its top…

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# UK’s NatWest bank limits transactions to crypto exchanges

# UK’s NatWest bank limits transactions to crypto exchanges

“# UK’s NatWest bank limits transactions to crypto exchanges ” As the crypto crackdown continues in Britain, another high street bank has intensified its efforts to curtail  its customers’ use of digital assets.  The Natwest Group has reportedly capped the daily amount its customers can send to cryptocurrency exchanges due to concerns over investment scams…

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# Driving ‘purists beserk’: Co-chair of blockchain caucus wants to ‘reverse’ crypto transactions

# Driving ‘purists beserk’: Co-chair of blockchain caucus wants to ‘reverse’ crypto transactions

“# Driving ‘purists beserk’: Co-chair of blockchain caucus wants to ‘reverse’ crypto transactions ” Bill Foster, Democratic Representative and co-chair of the Congressional blockchain caucus, has called for a regulatory framework that would enable third parties to reverse fraudulent or criminal transactions. Foster is a physicist and a Democratic Rep for Illinois. The blockchain caucus…

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# China crackdown shows industrial Bitcoin mining a problem for decentralization

# China crackdown shows industrial Bitcoin mining a problem for decentralization

“# China crackdown shows industrial Bitcoin mining a problem for decentralization ” Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s…

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# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

“# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges ” The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to…

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#Mexico bans crypto at banks after billionaire promotes bitcoin

#Mexico bans crypto at banks after billionaire promotes bitcoin

“#Mexico bans crypto at banks after billionaire promotes bitcoin” Mexico’s central bank has warned the country’s banks that cryptocurrencies are off-limits — a day after bitcoin got a plug from one of the country’s most powerful billionaires. “This country’s financial institutions are not authorized to conduct or offer to the public transactions with virtual assets…

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# 13 more crypto firms withdraw licensing applications in the UK

# 13 more crypto firms withdraw licensing applications in the UK

“# 13 more crypto firms withdraw licensing applications in the UK ” The United Kingdom Financial Conduct Authority’s (FCA) crypto licensing regime is reportedly proving arduous for cryptocurrency businesses looking to operate in the country. According to a Reuters report on Tuesday, the number of withdrawn licensing applications from crypto businesses increased by over 25%…

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