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Texas: Governor Supports Crypto Bill to Push for Mainstream Adoption of Digital Assets

Greg Abbott, the Governor of Texas, supports the recent crypto and Bitcoin bill. His state aims to match and even outshine Wyoming as a leader in blockchain. HB 4474: Defining Virtual Currencies in Texas In a tweet on Mar 29, while responding to a recent article that articulates the content of a crypto Bill (HB
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South African Regulator Zeroes in on Scams and Unregulated Firms in Its Second Crypto ‘Health Warning’

South African regulator the Financial Sector Conduct Authority recently issued its second crypto “health warning” after it noticed increased reports of crypto-related losses suffered “in the past three months.” In the warning, the regulator reminds investors that since cryptocurrencies are…
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Indian Government Now Requires Companies to Disclose Cryptocurrency Holdings

The Indian government has introduced new cryptocurrency disclosure rules. Companies dealing in cryptocurrencies will have to disclose their crypto holdings, among other disclosures, as part of their financial statements beginning April 1. New Crypto Disclosure Requirements The Indian Ministry of…
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The Fed Plans to Unveil Digital Dollar Prototypes in July

The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar…