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What we can expect from crypto and payment services in 2025

The Payments Association

The upcoming changes in cryptocurrency regulation and its impact on payment services, focusing on the UK’s approach compared to the EU. It outlines how the regulatory landscape for cryptocurrencies in the UK will evolve, affecting businesses and compliance. What’s this article about? Why is it important? What’s next?

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Nauru establishes a crypto asset regulator

The Paypers

Under the new legal framework, a wide range of virtual asset-related activities, including cryptocurrency exchanges, token offerings, lending platforms, staking, non-fungible tokens, and decentralised finance services, will require authorisation from CRVAA.

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Lawmakers Push To Fast-Track Crypto Regulation

PYMNTS

According to The Wall Street Journal , “the Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20 lawmakers. It is part of a broader push to boost the nascent cryptocurrency industry.” The move comes as U.S.

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Revolut reportedly exploring launch of its own stablecoin

The Paypers

According to decrypt.co, discussions have reportedly taken place with at least one firm operating in the cryptocurrency sector, although the neobank has not officially confirmed the plans. The Wall Street Journal recently reported that multinational firms in sectors such as retail and travel are considering similar moves.

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Bitcoin Daily: Darknet Bitcoin Spending Slides During COVID-19 Pandemic; Telegram Prohibited From Issuing Tokens To Foreign Investors

PYMNTS

Spending at darknet markets declined during the past two months even with a drop in the price of the digital currency, per Chainalysis data, as the coronavirus pandemic has impacted every part of the global economy, CoinDesk reported. Darknets are websites that facilitate the sale of products such as counterfeit currencies.

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Lawmakers Push To Fast-Track Crypto Regulation

PYMNTS

According to the Wall Street Journal , “the Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20 lawmakers. It is part of a broader push to boost the nascent cryptocurrency industry.” The move comes as U.S. They also worry the U.S.

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Bitcoin Tracker: Challengers And Backlogs

PYMNTS

Suspicions, backlogs and new competition threaten to throw some digital wrenches in continued growth. ” CryptoCoinsNews also reported that a digital currency pyramid scheme in Vietnam led the government to, once again, warn against its citizens using bitcoin. Zcash made a splash this week in the world of cryptocurrency.

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