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Dubai establishes virtual asset regulator and announces new crypto law

The Sheikh said the regulator will have authority in Dubai's special development zones and free zones with the exception of the Dubai International Financial Centre.

14/03/2022    |    Volume 04    |    19

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US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions

Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."

07/03/2022    |    Volume 04    |    18

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European Parliament postpones crypto bill vote over proof-of-work

“It is crucial for me that the MiCA report is not misinterpreted as a de facto Bitcoin ban,” said Stefan Berger.

28/02/2022    |    Volume 04    |    17

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Digital ruble trial goes live as Bank of Russia insists on Bitcoin ban

The Bank of Russia reports on the first digital ruble tests as planned but continues to fight against Bitcoin adoption.

21/02/2022    |    Volume 04    |    16

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Central Bank of Kenya seeks public input on potential CBDC

“A key opportunity where CBK sees potential value is the use of CBDC in facilitating cross-border transactions," the announcement reads.

14/02/2022    |    Volume 04    |    15

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Russian central bank registers nation’s first digital asset manager

In late 2021, Bank of Russia deputy governor claimed the bank would allow crypto investment only via foreign firms.

07/02/2022    |    Volume 04    |    14

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Thai regulators team up to issue guidelines on digital asset payments

The joint committee of the BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits.

31/01/2022    |    Volume 04    |    13

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Malaysia’s central bank actively assessing CBDC options

Malaysia’s central bank recently completed a proof-of-concept for a CBDC with three other nations and may consider developing its own cross-border payment system using the blockchain.

24/01/2022    |    Volume 04    |    12

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Hong Kong begins discussions to introduce stablecoin regulatory framework

The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban.

17/01/2022    |    Volume 04    |    11

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Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world.

10/01/2022    |    Volume 04    |    10

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