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India is hoping to begin meaningful conversations on crypto regulations at the G20 summit
Indian Prime Minister Narendra Modi has called for global collaboration on formulating crypto regulations during the annual Group of 20 (G20) summit. As president of the G20, India has taken up the task of advocating for a comprehensive global framework for regulating cryptocurrencies. The G20 comprises 19 countries and the European Union, representing the world’s…
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Calls for regulations in the crypto world increase
Following the collapse of FTX, many in the industry are calling for politicians and agencies to regulate the crypto sphere to ensure that a repeat of what occurred at the start of November. In just the last 24 hours, the European Central Bank (ECB) president Christine Lagarde called regulation and supervision of crypto an “absolute necessity” for…
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South Korean Regulator Set to Launch Crypto Auditing Guidelines
South Korea’s financial regulator has revealed that it wants to introduce auditing guidelines for crypto-related firms – in response to the Terra-LUNC “incident” and the fall of FTX. Crypto exchanges and a range of crypto firms are growing in South Korea. But the current system of accounting does not provide options for companies with crypto holdings. Per Asia Kyungjae,…
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