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Myanmar's exiled government turns to digital currencies as last resort against ruling junta

In a last-ditch effort to restore democracy, Myanmar's ousted government seeks the help of the U.S. to use frozen funds as digital assets, while the ruling junta shows no signs of giving up power. ....

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Saudi Arabia central bank hires digital asset expert to grow industry

Saudi Arabia is betting on a digital asset expert to spur the adoption of digital currency and, at the same time, transform the country into a digital assets and tech hub. ....

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Brazil: Mercado Bitcoin's parent company cuts workforce for second time in 2022

2TM blames the dire global financial conditions and the lack of proper digital asset regulations for its underwhelming performance this year, which led the firm to give up some of its workers again. ....

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Indonesia plans to launch digital asset exchange by end of 2022

A long-stalled plan to create Indonesia's digital asset exchange is coming to fruition as the government ramps up measures to safeguard investors from rising interest in the market. ....

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Brazil SEC rebuffs digital asset regulations, wants bigger role

A regulatory framework that was approved by lawmakers in April and currently on the desk of the Office of President gives the Brazilian securities regulator a small role in the digital currency industry. ....

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