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The EU Has Now Become the Global Crypto Regulatory Leader

The Breakdown

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The US and China Are Working to Legitimize and Regulate Crypto

The move brings some amount of welcome transparency and stability. Some have balked at the reporting standards, which will undoubtedly weaken privacy for crypto users in the name of customer safety and national security. The country has not been able to stamp out crypto trading or mining entirely but legitimizing some portions could be a boon to those looking to return.

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