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South Korea’s Regulatory Challenge: Brokering U.S. Spot Bitcoin ETFs Raises Legal Concerns

MEXC Blog January 23, 2024 Blog MEXC
South Korea’s Regulatory Challenge: Brokering U.S. Spot Bitcoin ETFs Raises Legal Concerns
South Korea's financial regulator, the Financial Services Commission (FSC), has raised legal concerns regarding the brokering of U.S. spot Bitcoin exchange-traded funds (ETFs) within its local markets.
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SEC Approves Bitcoin Exchange-Traded Funds, Opening the Way for Increased Widespread Usage.

MEXC Blog January 22, 2024 Blog MEXC
SEC Approves Bitcoin Exchange-Traded Funds, Opening the Way for Increased Widespread Usage.
The United States Securities and Exchange Commission (SEC) has approved the development of bitcoin exchange-traded funds (ETFs).
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Bitcoin ETFs Break Records in Trading Volume and Inflows

MEXC Blog January 22, 2024 Blog MEXC
Bitcoin ETFs Break Records in Trading Volume and Inflows
Bitcoin is currently in the spotlight following the recent approvals of spot bitcoin exchange-traded funds (ETFs) in the US.
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High-Risk Profit Levels in Bitcoin, Ethereum, and XRP Ledger

MEXC Blog January 22, 2024 Blog MEXC
High-Risk Profit Levels in Bitcoin, Ethereum, and XRP Ledger
Bitcoin, Ethereum, and XRPLedger's supplies are at high-risk profit levels, surpassing their average since 2018.
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South Korea Considers Ending Crypto Tax Alongside Investment Income Tax

MEXC Blog January 22, 2024 Blog MEXC
South Korea Considers Ending Crypto Tax Alongside Investment Income Tax
South Korea is discussing whether to include crypto assets in a planned abolition of income tax on returns from financial investments.
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Ripple CEO Criticizes SEC’s Approach, Labels Gensler a Liability

MEXC Blog January 22, 2024 Blog MEXC
Ripple CEO Criticizes SEC’s Approach, Labels Gensler a Liability
Ripple CEO Brad Garlinghouse characterized the SEC as “very unfriendly,” indicating Ripple’s attitude towards its regulatory environment.
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Judge Delays High-Profile SEC Trial Against Terraform Labs, Do Kwon

MEXC Blog January 22, 2024 Blog MEXC
Judge Delays High-Profile SEC Trial Against Terraform Labs, Do Kwon
U.S. District Judge postpones Terraform Labs trial to March 25 due to uncertainties around Do Kwon's extradition. 
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X has been granted a Money Transmitter License in the state of Utah

MEXC Blog January 22, 2024 Blog MEXC
X has been granted a Money Transmitter License in the state of Utah
Elon Musk's X Payments LLC has successfully obtained a Money Transmitter License in Utah, signaling a notable service expansion.
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Poland Advances Crypto Regulation Bill, Aligning with EU’s MiCA Standards

MEXC Blog January 22, 2024 Blog MEXC
Poland Advances Crypto Regulation Bill, Aligning with EU’s MiCA Standards
Poland is preparing to introduce a crypto regulation bill, marking a significant step in aligning with the EU's regulatory framework.
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XRP Healthcare Elevates Its Status as XRPL Network Validator

MEXC Blog January 22, 2024 Blog MEXC
XRP Healthcare Elevates Its Status as XRPL Network Validator
XRP Healthcare, a pioneer at the intersection of healthcare, blockchain, and cryptocurrency, has recently achieved a significant milestone.
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