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Article by Steve Kaaru

Norwegian regulator warns against digital currencies, calls for regulation
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25 June, 2021

Norwegian regulator warns against digital currencies, calls for regulation

In its warning, the watchdog claimed that digital currencies pose a high risk of loss, have attracted significant criminal activity...
South African bank bans purchases on Binance over non-compliance claims
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25 June, 2021

South African bank bans purchases on Binance over non-compliance claims

Absa Bank has reportedly barred its clients from purchasing digital currencies on Binance, telling its clients that the exchange was...
Indian traders could face additional 2% tax for trading in overseas exchanges
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24 June, 2021

Indian traders could face additional 2% tax for trading in overseas exchanges

The Indian government charges a 2% tax, known as the equalization levy, to online entities servicing Indians but which are...
French central bank trials CBDC-based securities settlement
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24 June, 2021

French central bank trials CBDC-based securities settlement

The trial involved using the CBDC to simulate the settlement of listed securities in a test environment. Banque de France...
Bybit derivatives exchange hit with securities violations in Canada
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24 June, 2021

Bybit derivatives exchange hit with securities violations in Canada

The Ontario Securities Commission has issued a statement of allegations against Bybit, accusing the company of operating in its jurisdiction...
South Africa BTC scam Africrypt makes off with $3.8B, asks victims not to report
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23 June, 2021

South Africa BTC scam Africrypt makes off with $3.8B, asks victims not to report

South African investors are still in shock after a digital currency scam reportedly made off with R54 billion ($3.8 billion)...

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