[Feb 16, 2023 3:00 PM] The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the…
[Feb 16, 2023 1:24 PM] It is now up to the governor of Wyoming to put the final stamp of approval on the landmark bill.The U.S. state of Wyoming has passed a bill that protects its citizens from having to disclose their private keys, with a singular exception. Having now…
[Feb 16, 2023 10:30 AM] The judge’s ruling does not require Celsius debtors to sell the Bitmain coupons, but they would need the consent of the committee of unsecured creditors.
[Feb 16, 2023 6:30 AM] The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an…
[Feb 16, 2023 2:30 AM] When Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new head of the Securities and Exchange Commission (SEC) in February 2021, the crypto industry saw a glimpse of hope. After all, the man in charge of regulating the…
[Feb 15, 2023 7:00 PM] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to…
[Feb 15, 2023 3:48 PM] Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency”.
[Feb 15, 2023 1:41 PM] Court documents showed Stanford University research scientist Andreas Paepcke and former Stanford Law School dean Larry Kramer signed on as sureties to SBF’s $250-million bond.
[Feb 15, 2023 1:02 PM] Traders are pivoting into decentralized solutions like GMX, LDO and MKR as the U.S. Securities and Exchange Commission cracks down on the crypto industry.
[Feb 15, 2023 12:15 PM] Under the proposed amendments, crypto campaign contributions under $100 were acceptable, provided the receiver immediately convert the funds to USD and not HODL them.
[Feb 15, 2023 9:34 AM] The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX's alleged misuse of customer funds.
[Feb 14, 2023 9:00 PM] Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator…
[Feb 14, 2023 1:00 PM] Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds.
[Feb 14, 2023 11:04 AM] Bitcoin price recaptured the $22,000 level, but pending regulatory action against stablecoins and today's CPI report are front of mind for many investors.
[Feb 14, 2023 10:15 AM] Lawyers representing the former FTX CEO and U.S. prosecutors requested until Feb. 17 to discuss the impact using a VPN could have on Bankman-Fried’s bail conditions.
[Feb 14, 2023 5:30 AM] According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been…
[Feb 14, 2023 3:30 AM] According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya…
[Feb 13, 2023 9:30 PM] India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has revealed. She also called for “a…
[Feb 13, 2023 3:55 PM] The company's complaint to the New York regulator reportedly came before the SEC's lawsuit against Paxos over BUSD and NYDFS ordering the firm to "cease minting" the stablecoin.
[Feb 13, 2023 10:15 AM] The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.
[Feb 12, 2023 8:05 AM] The International Monetary Fund (IMF) has warned El Salvador to avoid trading Bitcoin bonds due to the risks it poses for the economy. This latest development comes after increased regulations from the Central American country that promotes the…
[Feb 11, 2023 11:00 PM] India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed by eight banks, with five…
[Feb 11, 2023 3:30 PM] The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of…
[Feb 10, 2023 3:45 PM] The liquidators said they would “commence disposals” of certain FTX Digital physical assets following approval from the Bahamas’ supreme court.
[Feb 10, 2023 3:30 PM] On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered…
[Feb 10, 2023 2:13 PM] Kraken has put an end to staking as a service, and Coinbase could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
[Feb 10, 2023 2:11 PM] Announcements by government agencies make stricter regulations look imminent for the crypto industry. How derivatives market action impacts the bitcoin price.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…
[Feb 10, 2023 1:30 PM] The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service…
[Feb 10, 2023 1:30 PM] “The timing of the charges and his arrest raise serious questions about the SEC’s process and cooperation with the Department of Justice,” said Representatives McHenry and Huizenga.
[Feb 10, 2023 9:30 AM] “Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC.
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