The European Union (EU) has reached an agreement on legislation (MiCA) that will regulate crypto assets and service providers across the bloc's 27 member countries.
The world's largest crypto exchange, Binance, said in a blog post on Thursday that it has gained regulatory approval to provide digital asset services in France.
Binance has been working hard to demonstrate to European regulators it is committed to practice compliance and promote the region's blockchain ecosystem.
Hester Peirce, a member of the Securities and Exchange Commission (SEC), took to Twitter on Tuesday to express her opposition to the addition of 20 new jobs to the regulatory agency's crypto enforcement squad.
Blockchain-based solutions are being acquired by some governments. Despite this, they have little experience with blockchain-based systems, such as acquiring, implementing, and maintaining them.
The purpose of the Blockchain Maturity Model is to help people developing blockchain-based solutions as well as those acquiring them understand how to implement & demonstrate that blockchain-based solutions can be trusted.
Some of the biggest crypto firms, including Coinbase, Chainalysis and Binance, are actively recruiting former law enforcement employees and offering them salaries more than double or triple what they are earning now.
The Russian finance ministry has shared the updated and finalized crypto bill with the government, recommending that cryptocurrencies be accepted as legal tender.
A draft bill titled "On Digital Currency" has been finalized by the Ministry of Finance (MinFin) and has been sent to the government of Russia for approval. It clarifies regulations regarding cryptocurrency trading and mining.
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