2023-6-15 19:10 |
The payments processor also cited crypto market conditions as a reason for the exit. origin »
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Crypto. com cited limited demand for institutional-grade services. The services will be suspended from June 21. Crypto. com’s retail mobile application and platform remain fully operational in the US.
2023-6-10 20:47 | |
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The rising demand for artificial intelligence (AI) chips, cited in Nvidia’s report towards the end of May, has spurred the growth of AI-based cryptocurrencies. The overall rally in the S&P 500 and Nasdaq Composite driven by Nvidia Corporation (NASDAQ: NVDA) over the past two weeks has provided a sentiment boost to AI and big data cryptocurrencies.
2023-6-8 12:20 | |
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Commonwealth Bank executive James Roberts cited a huge scale of “investment scams” involving crypto exchanges.
2023-6-8 08:26 | |
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U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline.
2023-6-1 20:01 | |
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Unbanked, a cryptocurrency card and trading platform, said May 25 that it would be winding down its services due to harsh U. S. regulations. Regulations affected funding Unbanked cited regulations as the primary reason for its shutdown.
2023-5-26 03:30 | |
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A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.”
2023-5-17 10:33 | |
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Two U.S. senators cited the collapse of FTX when writing to Public Company Accounting Oversight Board chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well.
2023-3-23 22:35 | |
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In a recent podcast, ADA founder Hoskinson revealed that credit Suisse denied him an account earlier in the day. According to him, the firm cited crypto as a danger.
2023-3-22 18:45 | |
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During a speech at a banking conference in DC, acting comptroller Michael Hsu cited FTX an example of why a “consolidated home country supervisor” is needed.
2023-3-7 06:44 | |
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Mike McGlone, the senior macro strategist at Bloomberg Intelligence, outlined the primary catalyst for the downturn of Bitcoin and Crypto prices. In his recent digital asset analysis, McGlone cited the US Federal Reserve’s hawkish inflation-curbing strategy as the primary factor that could exert downward pressure on risk assets like digital assets. Related Reading: GameFi Outpaces […]
2023-3-6 16:40 | |
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HSBC Holdings and Nationwide Building Society in the UK have banned retail customers from purchasing crypto with credit cards. Both of these banks cited the warnings about crypto assets issued The post HSBC, Nationwide to restrict crypto purchases with credit cards appeared first on AMBCrypto.
2023-3-3 10:48 | |
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A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta's failure to stop harmful ads aimed at young adults.
2023-3-3 00:41 | |
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The rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an "extreme" addiction to crypto trading.
2023-2-7 05:56 | |
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CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.
2023-2-3 20:03 | |
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Rally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31.
2023-2-1 01:07 | |
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The ratings agency cited Coinbase’s weakened revenue and cash flow generation potential due to the ongoing crypto winter as reasons for the move.
2023-1-21 23:36 | |
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Crypro. com CEO cited poor market conditions and recent events in the industry as reasons for layoffs. The layoffs come just days after Coinbase announced similar layoffs. The Cronos (CRO) token price has responded positively to the news.
2023-1-13 11:04 | |
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Arcane Research’s 2022 year-end report cited that 2022 was the second-worst-performing year for Bitcoin (BTC), as the leading crypto saw a 65% decrease throughout the year, only beaten by the 73% sink recorded in 2018.
2022-12-31 23:00 | |
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British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations.
2022-12-22 08:57 | |
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Paxful, a P2P crypto marketplace, reveals kicking Ethereum off its marketplace, citing its increasing centralization and ETH-based scam tokens. The CEO of Paxful, Ray Youssef, said he would delist ethereum from the platform on Dec. 22. Youssef cited integrity over…
2022-12-21 20:50 | |
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The crypto trading platform cited “recent industry events” in an email to users announcing the suspension.
2022-11-10 22:46 | |
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Block cited declines in consumer demand and the price of bitcoin for its bitcoin-based revenue decline.
2022-11-4 23:38 | |
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After past reports that Dapper Labs was silently cutting down its staff, the network just today sent a public letter to employees announcing the reduction of its workforce by 22%. Dapper Labs cited the company’s health as the main driver…
2022-11-3 20:00 | |
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Nearly half of Gen Z and Millennials are also already invested in digital assets outside of their retirement funds and cited “inflation” as the biggest obstacle to early retirement.
2022-10-26 05:50 | |
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Indian crypto exchange WazirX has laid off nearly 40% of its 150-strong workforce. The company cited bear market impacts as the reason for reducing the workforce. It said the lay-off became necessary to ensure financial stability and continue to serve existing customers.
2022-10-4 20:32 | |
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The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline.
2022-8-25 18:30 | |
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The Seychelles-based cryptocurrency exchange cited "local compliance policies" as the reason for blocking margin-traded products, options and exchange-traded products to users in New Zealand starting next week.
2022-8-16 13:26 | |
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The number of cryptocurrency investors is drastically increasing. It could have been positive action, but considering the look of the digital market, it is rather alarming. The report from Australia’s financial services regulator cited that the increase became notable in the heat of the global pandemic.
2022-8-15 16:10 | |
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Anthony Scaramucci cited the Merge, improving macro indicators such as waning inflation, key business partnerships and pumping crypto prices as reasons for his optimism moving forward.
2022-8-15 06:33 | |
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The two U.S. financial regulators cited the growth in the hedge fund industry as the reason for the proposed change, due in part to digital asset investments becoming more common.
2022-8-11 20:00 | |
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JPMorgan cited Ethereum’s pending Proof-of-Stake upgrade as a key driver behind the recent market recovery. Ethereum is up around 90% from its June low. JPMorgan Calls Crypto Bottom The worst...
2022-8-9 16:50 | |
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The South Korean authorities have further postponed the implementation of its cryptocurrency taxation system for another two years. The government cited the devastating conditions that have plagued the markets of late as one reason, further highlighting the preparatory period required to fully enact suitable investor protection measures in the crypto space as a second reason. […]
2022-7-22 17:32 | |
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French bank BNP Paribas (BNP) is reported to be making a huge entry into the crypto space, looking to partner Swiss-based digital assets firm Metaco to unveil a crypto custody service. This is according to a report by CoinDesk published on Tuesday, and which cited sources familiar with the development.
2022-7-20 00:23 | |
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Crypto exchange CoinFLEX has paused withdrawals, adding to a growing list of crypto firms limiting their services. CoinFLEX Suspends Withdrawals In a statement today, CoinFLEX cited “extreme market conditions last...
2022-6-24 00:01 | |
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The Basel committee cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase.
2022-6-1 18:30 | |
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The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.
2022-5-24 16:51 | |
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For the 13 February broadcast of the 2022 Super Bowl, crypto-companies have reportedly spent millions to score the sports sponsorship. WSJ has cited sources to reveal that Coinbase Global, FTX, and CrThe post Super Bowl = Crypto Bowl, thanks to Coinbase Global, FTX, Crypto.
2022-2-7 12:30 | |
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CCI board member Fred Ehrsam cited the WEF executive’s “in-depth knowledge of crypto” in addition to her experience working with governments across the globe.
2022-1-31 20:15 | |
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The top regulatory body in Indonesia has told financial firms in the country to stay clear of facilitating all transactions that involve cryptocurrency. Indonesia’s watchdog cited concerns regarding market volatility and investor protection.
2022-1-26 00:00 | |
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Voyager chair Philip Eytan cited Brian Brooks' experience at crypto companies and his leadership behind regulatory initiatives as reasons for the hire.
2021-12-21 18:43 | |
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The spotlight on crypto regulations shifts to Russia as government officials seek to punish illegal miners and other offenders with new legislation. High energy consumption of bitcoin miners and its effect on the national grid has been cited by Andrey Lugovoy as his party pushes for the bill.
2021-12-19 09:51 | |
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Russia’s central bank has become the latest to potentially put the anchors on crypto-asset investing for its citizens. Like many before it, the central bank has cited risks to financial stability according to reports.
2021-12-17 11:18 | |
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Emerging economies are often cited when discussing use-cases for decentralized finance (DeFi) and cryptocurrencies. However, there is a big gap between the theories and actually building in these areas.
2021-12-15 18:00 | |
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Key takeaways Proponents believe meme coins have played a key role in crypto market bull runs this year. Reasons cited for the trend include the fact that the joke coins have pandered to small investors.
2021-11-1 20:19 | |
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More than 80% of institutional investors and wealth managers from the US, UK, France, Germany, and the UAE who are currently exposed to digital assets, including cryptocurrencies, anticipate increasing their exposure through 2023, a survey cited by Institutional Asset Manager reveals.
2021-7-6 16:29 | |
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Jim Cramer has bought back into Ethereum after selling almost all of his Bitcoin earlier in the year. Cramer had cited the reason for the sale was due to the ongoing China crackdown. He said the crackdown was going to drive down the price of the coin even more. This is what led him to […]
2021-6-30 20:00 | |
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According to a June 21 Reuters report, the Agriculture Bank of China (AgBank) has moved to clamp down on crypto transactions and mining activities. AgBank, which is China’s major banking institution, cited recent guidelines from China’s central bank as the reason for its ban on virtual currencies.
2021-6-22 16:50 | |
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Reserve Bank of India (RBI) governor Shaktikanta Das said this week the central bank has ‘no change’ with regards to its approach towards the crypto sector, local outlet Business Standard reported today.
2021-6-5 17:55 | |
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The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has clarified the central bank’s position regarding cryptocurrency. His statements followed a notice published by the RBI telling banks that its crypto banking restriction is no longer valid and cannot be cited.
2021-6-5 17:00 | |
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Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach.
German financial regulator BaFin wants retail investors to be aware of the risks associated with crypto investments, especially in the current bull market.
Blockchain regulation continues to increase and it isn't likely to slow down any time soon.
BaFin prohibits the crypto service provider and operator of bitcoin ATMs KKT UG from continuing its activities
A German financial regulator issued a warning against Bulgarian crypto broker 5 Capital