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Bitcoin Plunges as Yen Falls, Canada Approves Stablecoin Rules
Manage episode 521166000 series 3669879
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Global markets reacted sharply after Japan’s stimulus pushed the yen lower, contributing to a sell-off that sent Bitcoin tumbling amid wider currency and commodity moves.
Canada approved formal stablecoin rules, bringing regulatory clarity for issuers and investors and signaling greater acceptance of regulated digital assets.
The UK stepped up enforcement against crypto money laundering and sanctions evasion, increasing scrutiny on transactions and tightening oversight across the sector.
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