Policy
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California Regulator Targets 11 Crypto Trading Desks Operating Like 'Ponzis'
California's financial regulator brought enforcement actions against 11 little-known crypto companies Tuesday, alleging they stole customer funds or operated like Ponzi schemes.
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Interpreting the CFTC’s Lawsuit Against Ooki DAO
The Commodity Futures Trading Commission (CFTC) sued Ooki DAO, a decentralized autonomous organization, last week. The CFTC alleged Ooki DAO was offering leveraged and margin trading products without registering as a Futures Commission Merchant (FCM), a legal requirement in the U.S.
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Landmark International CBDC Test Deemed Success, BIS Says
A project involving multiple Asian central bank digital currencies (CBDCs) has been badged a success, facilitating over $22 million in foreign-exchange transactions, the Bank for International Settlements (BIS) said Tuesday.
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Interview
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EU Project to Fight Fakes Succeeds by Being Open, Founder Says
A publicly backed blockchain project to stop counterfeit goods from entering the European Union is trying to avoid mistakes of the past, its founder told CoinDesk.
Features
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Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement
The U.K. government is still set on turning the country into a crypto hub despite the recent cabinet shuffle and new prime minister.
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How the Tech Elite Plans to Escape an 'Apocalypse' of Its Own Making
Excerpted from Survival of the Richest: Escape Fantasies of the Tech Billionaires
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Politicians, Not the Usual Bureaucrats, Take the Reins on Web3 in Japan
A handful of lawmakers are forming new policies, bypassing the usual lengthier route.
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Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions
The war in Ukraine may have undermined many Russian companies, but not mining facilities: clients from the West keep coming to the country for cheap power and reliable uptime.