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Vladimir Putin signs order requiring Russian public officials to disclose crypto holdings

Sberbank seeks central bank approval for blockchain platform: report

Major Russian state-owned bank Sberbank has sought approval from the country’s central bank for a blockchain-based financial platform, local Russian news outlet Interfax reported on Thursday.  According to the report, the bank has submitted an application to the Central Bank of the Russian Federation to register a blockchain platform, with plans to launch in the …

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More than 1 billion DAI, the stablecoin of lending protocol Maker, has been created

White House releases stablecoin report, says regulators could consider limiting ‘multi-currency stablecoins’

The White House has released a statement on regulatory considerations for stablecoins — and it includes the potential for limitations on “multi-currency stablecoins.” The statement comes from the President’s Working Group on Financial Markets, which is a Treasury-centric working group that makes recommendations to the president and federal regulators.  The group highlighted the importance of anti-money …

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Billionaire hedge funder Alan Howard is backing a little-known fund that’s buying bitcoin and ether: report

Billionaire hedge funder Alan Howard is backing a little-known fund that’s buying bitcoin and ether: report

Alan Howard, billionaire hedger fund manager, is among the backers of a new institutional-focused investment firm that’s eyeing an as much as $1 billion allocation to bitcoin and ether by early next year. According to a Bloomberg report, One River Asset Management CEO Eric Peters set up a new company to capture institutional interest in the …

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Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report

Libra, the Facebook-initiated stablecoin project that’s been targeted continuously by lawmakers, might get off the ground as early as January 2021, albeit in a more limited format than the original multi-currency basket envisioned. According to a report by the Financial Times on Friday, instead, Libra may launch a single dollar-pegged stablecoin next year, according to “three people …

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CZ terms report of Binance trying to evade US regulators as 'Fud'

CZ terms report of Binance trying to evade US regulators as ‘Fud’

Basing its allegations on a “leaked document,” Forbes published a report today that claimed major crypto exchange Binance was “intentionally” deceiving US regulators. The report stated that:    Binance Holdings Limited, the world’s largest cryptocurrency exchange conceived of an elaborate corporate structure designed to intentionally deceive regulators and surreptitiously profit from crypto investors in the …

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