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With bitcoin and ether down ahead of the Fed’s expected interest rate hike, plus a look at how government blockchains can help save taxpayers money, CoinDesk’s “Markets Daily” is back with the latest news roundup.
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets.
The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.
Limits on stablecoins denominated in currencies other than euros were among the most controversial elements of the European Union’s Markets in Crypto Assets law.