Dry launches the crypto project to increase market clarity and innovation

The SECURITIES AND EXCHANGE Commission (SEC) of the United States launched a regulatory scanning initiative nicknamed “Project Crypto”, aimed at remodeling the American approach to the regulation of cryptocurrencies. Announced by the president of the SEC, Paul S. Atkins, on August 1, the program represents a strategic pivot of the heavy position of the application…

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PBOC Report Highlights Crypto Oversight, Hong Kong Takes Lead in Licensing Initiatives

The importance of regulating digital currencies and cryptocurrencies from the People’s Bank of China (PBOC) in its recently released Financial Stability Report 2024. This reiteration is particularly notable given the contrasting approach to crypto between mainland China and Hong Kong. Notably, while mainland China maintains its strict ban on cryptocurrency trading and mining, Hong Kong…

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