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SEC gives OK to social media platform to issue stablecoin without registering as a security

SEC gives OK to social media platform to issue stablecoin without registering as a security

The letter states the regulatory agency “will not recommend enforcement action” against a platform issuing a digital currency capable of being converted to fiat. The U.S. Securities and Exchange Commission, or SEC, has issued a rare no-action letter in response to a request from a blockchain-backed platform over the issuance of a digital asset. The […]

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MyEtherWallet founder weighs in on the most crypto-friendly country

MyEtherWallet founder weighs in on the most crypto-friendly country

Crypto-friendly regulation may be in the eye of the beholder. With nations around the world each holding significantly different regulations, what is the most crypto-friendly country? Kosala Hemachandra, CEO and founder of MyEtherWallet, labeled the query as a tough one.  “First we have to define what crypto-friendly means,” Hemachandra told Cointelegraph. “Some countries, like China, […]

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