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France Introduces New Crypto Regulation

The French government has embraced a new financial sector bill that provides a legal framework for crypto service providers and ICOs in the country. The government is also urging the European Union to adopt its latest cryptocurrency framework. France accepts new financial sector bill The government of France has decided to adopt a financial sector bill that provides legal guidelines …

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Finland’s Regulatory Body to Supervise LocalBitcoins Operations

The Finnish regulatory agency has revealed that it is making plans to supervise the operations of LocalBitcoins in the country. This move prompted the peer-to-peer crypto exchange to add several identification processes in a bid to improve their AML and KYC requirements. Finland’s Financial Supervisory Authority (FSA) to supervise LocalBitcoins’ activities The Financial Supervisory Authority in Finland has revealed that …

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Ethereum and Similar Cryptos are not Securities: SEC Chairman

The chairman of the US Securities and Exchange Commission, Jay Clayton, recently reaffirmed his position on Ethereum and other similar cryptocurrencies, clarifying that they are not securities. This subject has been a controversial one in the crypto space, but Clayton confirmed that those types of digital currencies are not subject to the country’s securities laws. Some cryptos are not securities …

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Thai SEC Approves Maiden ICO Portal in the Country

The Securities and Exchange Commission (SEC) in Thailand has approved the first portal for ICOs in the country, according to reports from local media outlets. The primary purposes of the initial coin offerings portal in the country are to help the agency vet tokens, carry out research on crypto projects, ensure that they follow their whitepaper roadmap, and verify their …

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