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Article by Steve Kaaru

BitMEX founders ordered to pay $30M fine as ex-CEO Arthur Hayes seeks probation
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9 May, 2022

BitMEX founders ordered to pay $30M fine as ex-CEO Arthur Hayes seeks probation

A New York federal court has ordered the co-founders of BitMEX exchange to pay $30 million in civil monetary penalty...
Philippines: Electricity market operator explores blockchain tech for P2P energy trading
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8 May, 2022

Philippines: Electricity market operator explores blockchain tech for P2P energy trading

The Independent Electricity Market Operator of the Philippines is working on a futures offering for the country’s Wholesale Electricity Spot...
Council of Europe wants members to crack down on digital asset money laundering
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8 May, 2022

Council of Europe wants members to crack down on digital asset money laundering

In its report, Moneyval acknowledged that the emerging virtual assets sector and the increasing use of digital currencies is becoming...
Weiss Ratings issues warning against BTC-backed mortgages
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7 May, 2022

Weiss Ratings issues warning against BTC-backed mortgages

Ratings agency Weiss Ratings has issued a warning against mortgages backed by BTC and ETH, noting these offerings look a...
Uganda central bank issues warning against digital currencies
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7 May, 2022

Uganda central bank issues warning against digital currencies

The central bank said that digital currencies aren’t regulated, and it hasn’t licensed any firm to offer related services while...
No taxes before proper regulation: South Korea president pushes back 20% digital currency tax
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7 May, 2022

No taxes before proper regulation: South Korea president pushes back 20% digital currency tax

Newly-elected president Yoon Suk-yeol announced that his government would push back the tax scheduled for 2023 in favor of consumer...

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