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Similarly, the directive made no mention of any new guidelines that crypto firms must observe. The move comes as lawmakers, administration turn out to be concerned that Russia is utilizing cryptocurrencies to evade sanctions positioned on its banks, oligarchs, and oil industry as a result of the invasion of Ukraine. “The regulation of crypto in the united states could have a long-lasting positive impact on the worldwide crypto market and we'll see a big inflow of funds into the crypto business by retail and institutional investors. The crypto group across the globe will keep an in depth watch on the united states developments and we hope that something positive comes out of it,” Tan added. Meanwhile, the worldwide cryptocurrency market capitalisation stood at the $1.75 trillion mark, up 0.1% in the final 24 hours. However, market volume declined 14.27% to $80.sixty four billion over the past 24 hours, as per coinmarketcap.com. Cryptocurrency Prices Right Now On March 13: Bitcoi