Global Cryptocurrency: New Developments in the EU, UK, South Korea, etc.

Cryptocurrency: Global Policy Trends and Industry Giants

1. The EU has introduced new regulations requiring crypto exchanges to follow travel rule guidelines and to vigorously strengthen anti-money laundering measures from December 30.

2. BIS has passed proposed regulations on banks' disclosure of cryptocurrency risk exposure.

3. Candidates for the chairman of the South Korean FSC said: There are still many issues to be resolved before virtual asset ETFs are allowed.

4. The founder of Semoto said: What the cryptocurrency industry needs is not the indifference of politicians.

5. The British Labour Party was elected prime minister with a huge advantage, but did not disclose any plans for cryptocurrencies.

6. The partner of Primitive Crypto claimed: Bitcoin miners are close to surrender.

7. Trump called for another debate with Biden.

8. Russia is regulating the use of stablecoins for cross-border settlement.

9. The governor of the Bolivian Central Bank believes that the introduction of cryptocurrency into the national financial system may be a beneficial alternative.

10. The Australian Securities and Investments Commission pointed out that the court ruled that Paypal Australia used unfair contract terms.

Domestic aspects:

1. The Hong Kong Financial Services Commission gave five suggestions on the adoption and development of the digital identity ecosystem.

2. Taiwan's second largest telecommunications operator "Taiwan Mobile" entered the cryptocurrency exchange.

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