This submission is a proactive step taken by the cryptocurrency exchange to assert that the SEC's strategy fails to offer adequate regulatory direction for American crypto companies.
The Reserve Bank of India (RBI) is now consulting fintech firms and has asked four public sector banks to trial India's CBDC project before the end of the year.
According to a blog post from blockchain analysis firm Chainalysis that came out on Tuesday, cryptocurrency hacks caused losses of $1.9 billion in the first seven months of the year. This was caused by a rise in funds stolen from decentralized finance (DeFi) protocols.
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