• April 21, 2024

Terraform co-founder Do Kwon to release in Montenegro but stay in Balkans

Terraform co-founder Do Kwon will be released from prison in Montenegro, but will remain in the Balkans as he faces criminal charges brought by authorities in several countries, Odaily Planet Daily reports. Montenegro’s High Court on Friday ordered the confiscation of the South Korean cryptocurrency tycoon’s passport to prevent him from leaving the country, according to Montenegrin daily Vijesti. Following a court order, Kwon will leave Spuž prison on Saturday. Prosecutors opposed Kwon's extradition to South Korea, preferring that he be sent to the United States, where he could face a longer prison term if convicted.

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• April 21, 2024

EU bans unidentified self-hosted cryptocurrency wallets for payments

Finbold reports that the EU now bans the use of unidentified self-hosted cryptocurrency wallets for cryptocurrency payments of any size, Wu said. A majority of the EU Parliament's leadership committee approved the ban on March 19. The new anti-money laundering law bans cash payments up to a certain threshold and any anonymous cryptocurrency payments.

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• April 21, 2024

Binance CEO visits Taiwan’s High Prosecutors Office to discuss cooperation in preventing and controlling virtual asset crimes

Recently, Binance CEO Richard Teng and representatives of the Binance team visited the Taiwan High Prosecutors Office (hereinafter referred to as the Taiwan High Prosecutors Office) and met with the Chief Prosecutor of the Taiwan High Prosecutors Office, Chang Dou-hui. The two sides also had an in-depth discussion on the issue of virtual asset crime prevention and control

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• April 21, 2024

EU's requirements for crypto businesses: Prohibition of providing privacy coin services, expected to be implemented in summer 2027

According to Wu, Patrick Hansen, Circle's head of European policy, explained that the EU requires custodial crypto businesses not to provide services to anonymous users, does not allow privacy coin services, and prohibits the listing of crypto assets with built-in anonymity features.

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• April 21, 2024

Ripple vs. SEC legal battle is about to enter trial

According to CryptoPotato, Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) has been going on for more than three years and is now about to enter its final stage – a trial scheduled for April 23. Until then, both parties must comply with court requirements.

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• April 21, 2024

European Securities Market Supervisory Authority releases MiCA regulatory report

According to CoinDesk, the European Securities Markets Authority (ESMA) has released a series of final reports on the regulation of the EU cryptoasset market (MiCA).

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• April 21, 2024

Fox Reporter: The judge may make a ruling in the Custodia Bank vs. Federal Reserve case this week

According to BlockBeats, Fox reporter Eleanor Terrett posted on social media that "this week the judge may rule on the case of digital asset bank Custodia Bank against the Federal Reserve, because it will start two trials on April 1. This case The results could be landmark for both the crypto industry and state banks."

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• April 21, 2024

U.S. SEC seeks public comments on Grayscale, Bitwise and Fidelity Spot Ethereum ETFs

According to BlockBeats, the US SEC is soliciting public opinions on Grayscale, Bitwise and Fidelity Spot Ethereum ETFs. In its filing regarding Bitwise, the SEC stated that the Commission issued this notice to solicit comments from interested parties on the proposed rule changes, as modified by Amendment No. 1. The public has 21 days to submit comments.

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• April 21, 2024

ESMA: MiCA could be a growth driver for cryptocurrency-EUR trading

According to Odaily Planet Daily, the European Securities and Markets Authority said that although MiCA will come into effect at the end of the year, it has not yet promoted an increase in cryptocurrency euro trading. However, this may become a potential growth driver because it aims to strengthen investor protection. Since the formal legislation of the regulation last year, the level of cryptocurrency trading denominated in euros has remained stable at around 10%.

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• April 21, 2024

UK government plans to propose stablecoin and crypto-asset legislation in June or July

According to Odaily Planet Daily, Bim Afolami, the economic secretary of the British Treasury, said at the Global Summit on Innovative Finance that the British government plans to propose legislation for stablecoins and crypto asset pledges, exchanges and custody by June or July.

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