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China has intensified its crackdown on cryptocurrency, implementing new regulations that require banks to monitor and report cross-border crypto transactions, labeling them as risky financial activities. This ongoing hostility towards digital assets has led many crypto firms to relocate, while other countries like Turkey and Egypt have also enacted their own bans, indicating that China is not necessarily a role model but rather learning from global experiences in crypto regulation.
The global Hearing Aids Market, valued at USD 13.16 billion in 2023, is projected to reach USD 23.37 billion by 2032, growing at a CAGR of 8.55%. This growth is driven by an aging population, technological advancements, and increasing awareness of hearing loss. Key players include Sonova, Demant, and GN Store Nord, among others.
Morocco is finalizing its first set of cryptocurrency regulations, developed with the assistance of the World Bank and IMF, aiming to protect users while fostering innovation. With growing crypto adoption, the proposed laws will undergo public discussions before parliamentary approval, positioning Morocco as a potential leader in crypto regulation among developing nations.
Morocco is on the verge of adopting a legal framework for crypto assets, aiming to balance regulation with innovation in the sector. Central bank governor Abdellatif Jouahri announced that the framework aligns with G20 recommendations and has received technical assistance from the World Bank and IMF. This initiative positions Morocco as a leader among developing nations in establishing clear legislation for crypto, following a public consultation and parliamentary approval process.
Morocco is finalizing a legal framework for cryptocurrency regulation, developed in collaboration with the IMF and World Bank, to balance innovation and regulation. The framework, which aligns with G20 recommendations, aims to enhance the country's growing crypto market while ensuring financial stability. Governor Abdellatif Jouahri emphasized the importance of stakeholder engagement in crafting these regulations, which will undergo public consultation before government approval.
Morocco is set to adopt a legal framework regulating crypto-assets, aiming to balance innovation and financial security, as announced by Bank Al-Maghrib Governor Abdellatif Jouahri. Developed with support from the IMF and World Bank, the framework follows G20 recommendations and includes consultations with various stakeholders. This initiative positions Morocco as a leader among developing nations in crypto regulation, while also addressing the growing interest in its secondary market for non-performing loans.
Ukraine plans to legalize cryptocurrencies by early 2025, focusing on regulation and taxation without special tax incentives. The legislation aims to ensure financial stability and compliance with anti-money laundering standards, treating crypto profits like securities trading. Amid ongoing conflict, digital assets are seen as vital for economic resilience and cross-border transactions, having already raised nearly $70 million for defense and humanitarian efforts in 2023.
Ukraine is set to legalize cryptocurrencies by early 2025, with new legislation currently under review that will impose taxes on crypto profits converted to fiat, similar to securities trading. The initiative, developed in collaboration with the National Bank of Ukraine and the IMF, aims to ensure financial stability and compliance with Anti-Money Laundering standards. Amid ongoing conflict, this move could provide secure financial tools for Ukrainians, facilitating cross-border transactions and safeguarding wealth.
Ukraine plans to legalize cryptocurrencies by early 2025 under strict regulations, with no tax breaks included. The legislation aims to regulate digital assets, ensuring fiscal oversight and compliance with Anti-Money Laundering measures, while applying standard taxation rules on profits from crypto transactions. This move could position Ukraine as a hub for regulated digital asset trading in Eastern Europe amidst ongoing financial challenges.
BitOasis, a Dubai-based cryptocurrency trading platform, has secured a full virtual asset service provider license from the Virtual Assets Regulatory Authority, following its acquisition by Indian exchange CoinDCX. This milestone allows BitOasis to enhance its existing services for retail and institutional investors in the MENA region. The firm, which previously held a provisional permit, aims to expand its product offerings and comply with regulatory requirements in the UAE.
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China's tightening crypto regulations influence global market but not as a model
13:11 03.01.2025
hearing aids market projected to reach 23.37 billion by 2032
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08:46 03.01.2025
Morocco advances crypto regulation with support from global financial institutions
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morocco prepares to implement regulatory framework for crypto assets
06:30 20.12.2024
morocco develops first legal framework for cryptocurrency with global support
12:25 19.12.2024
Morocco advances crypto regulation to foster innovation and manage risks
11:15 18.12.2024
ukraine plans to legalize cryptocurrencies by 2025 amid ongoing conflict
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10:47 13.12.2024
ukraine to legalize cryptocurrencies in 2025 with taxation on profits
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00:21 13.12.2024
ukraine plans to legalize cryptocurrencies by 2025 with strict regulations
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BitOasis secures full crypto license in Dubai after CoinDCX acquisition
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