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Article by Steve Kaaru

China’s new draft law seeks to legalize digital yuan but ban competitors
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29 October, 2020

China’s new draft law seeks to legalize digital yuan but ban competitors

In a new draft law, the bank proposed banning any yuan-pegged digital tokens, effectively killing off any competitor to its...
EU shoots down petition for digital currency crime victim fund
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28 October, 2020

EU shoots down petition for digital currency crime victim fund

A London-based lawyer petitioned for a fund that would compensate victims of digital currency fraud, theft and extortion in Europe.
Ethereum developer Virgil Griffith files motion for dismissal of charges
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28 October, 2020

Ethereum developer Virgil Griffith files motion for dismissal of charges

Former Ethereum developer Virgil Griffith is seeking to have sanctions violation charges against him dismissed.
Bahamas launches Sand Dollar, the world’s first official CBDC
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28 October, 2020

Bahamas launches Sand Dollar, the world’s first official CBDC

The Central Bank of the Bahamas has developed the Sand Dollar to be transferrable via mobile phones, making it easy...
China cracks down on extensive Tether-linked money laundering
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27 October, 2020

China cracks down on extensive Tether-linked money laundering

The central bank detailed a recent case in which its Huizhou City branch uncovered a cross-border online gambling operation that...
US feds propose changes to recognize digital currencies as money
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27 October, 2020

US feds propose changes to recognize digital currencies as money

The proposed rules include redefining ‘money’ to include digital currencies and lowering the transaction data-gathering threshold for cross-border financial transactions.

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