Innovation

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Crypto exchange Binance recently faced a significant setback in Brazil, agreeing to pay a hefty fine of $1.76 million to settle allegations of unlicensed derivatives trading in the country. The settlement with the Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, comes after a year-long investigation into Binance’s activities in the country. This regulatory crackdown
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Democratic House Representative Ro Khanna, known for his pro-Bitcoin stance, recently shared his optimism regarding the release of a crypto regulation roadmap by the Biden administration. Following discussions between the White House and industry leaders, Khanna expects the administration to unveil a roadmap that outlines the path towards reasonable regulation that will benefit companies and
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Recently, cryptocurrency exchange Coinbase took a bold stance against the US Securities and Exchange Commission’s (SEC) proposal to expand the definition of “exchange” to include decentralized exchanges (DEXs). The exchange submitted a detailed comment letter outlining its concerns and objections to the proposed rule, highlighting potential negative impacts on innovation and the broader crypto market.
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The launch of the Digital Asset Regulatory Sandbox by the Securities and Exchange Commission of Thailand (SEC Thailand) signifies a significant step towards fostering innovation in the financial sector. This initiative aims to create a structured environment where businesses can test and develop services related to digital assets. By providing a regulatory framework for testing
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Coinbase, a leading cryptocurrency exchange platform, has taken a stand against the US Commodities Futures Trading Commission’s (CFTC) proposal that could have implications for prediction markets such as Polymarket. The Chief Legal Officer of Coinbase, Paul Grewal, has raised concerns about the proposal’s vague definition of “gaming” and its assertion that contracts related to prediction