2022-10-6 16:31 |
In a statement on Oct. 6, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia. origin »
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Crypto-friendly digital bank Revolut is under pressure from U.K. regulators after "unacceptably high" risk of "material misstatement" was highlighted in the auditing of its accounts, the Financial Times reported Monday.
2022-9-6 15:49 | |
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There are many reasons to be cautious with the operation of some crypto-related services and firms. Some of these companies have raised the attention of many regulatory agencies in different countries through their service.
2022-7-14 02:44 | |
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Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze.
2022-7-4 12:09 | |
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Crypto lender Celsius is faced with an investigation from regulators from four different states for freezing customer accounts over solvency concerns. Multiple State Regulators Investigating Celsius Regulators have launched an...
2022-6-17 22:30 | |
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The leading cryptocurrency exchange Binance will continue to operate in Ontario, Canada, after having a successful discussion with the regulators. In June, the exchange told its users that they would no longer stay open in Canada’s most populous province and asked users to close their accounts by Dec.
2021-12-30 18:11 | |
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The US Securities and Exchange Commission (SEC) is now scrutinizing crypto lender BlockFi over its yield generating account that offers as much as 9. 5% annual yield, which dwarfs the 0. 06% average interest rate for bank savings accounts.
2021-11-18 16:45 | |
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The enforcement of the cease-and-desist order on BlockFi's Interest Accounts (BIAs) has been postponed yet again by the New Jersey Bureau of Securities (NJ BOS). This marks the third extension of the enforcement of the ban on BIA.
2021-9-24 16:38 | |
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Several states’ securities regulators have been furrowing their brows with regards to BlockFi Interest Accounts (BIA) lately. This includes BlockFi’s home state of New Jersey, who was arguably one of the more strict in their action towards the firm; New Jersey issued a cease and desist that instructed the firm to stop offering their BIA product before the end of this week.
2021-7-29 07:06 | |
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BlockFi continues rejecting securities regulators’ allegations that its Interest Accounts are unregistered securities.
2021-7-23 15:16 | |
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Binance CEO has finally responded to the rising hostility of its operations by various financial regulators, resulting in a direct effect on fund deposits from its customers with accounts in traditional financial institutions like Barclays.
2021-7-8 19:19 | |
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Sichuan, which is the largest hydropower mining area in China and accounts for 10% of China's hash rate, is not the only province gathering information on crypto mining. The post Sichuan, China Regulators Meeting up with Power Companies Regarding Crypto Mining first appeared on BitcoinExchangeGuide.
2021-5-27 20:43 | |
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The issue of compliance and proper AML practices within the crypto markets has been a concern for regulators and FinTech stakeholders in this field as well. Coinbase crypto exchange is the latest to patent a technology that can single out ‘bad’ accounts within its ecosystem.
2019-11-29 18:27 | |
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Though the social media giant has been able to remove many of the Facebook and Instagram accounts claiming to sell the not-yet-available Libra, some US regulators have taken the spread of Libra scams as another piece of evidence that Mark Zuckerberg and company are not fit to launch their own cryptocurrency.
2019-7-24 19:17 | |
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Kik, the embattled messaging startup behind the Kin cryptocurrency, is now crowd-sourcing donations to help fund its legal battle with US regulators. The Defend Crypto Fund is said to be tailored specifically to fight the US Securities and Exchange Commission (SEC) “on behalf of the future of crypto in the [United States].
2019-5-28 17:30 | |
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If Bittrex is to be believed, the New York Department of Financial Services (NYDFS) got the two Koreas mixed up. The crypto exchange has affirmed recently that the New York regulators made a mistake when they identified two users as North Korean in the exchange.
2019-4-23 02:20 | |
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Crypto exchange Bittrex says New York regulators erred in identifying two of its users as North Korean.
2019-4-23 22:40 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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U. S. -based cryptocurrency exchange platform Kraken has completed the largest transaction in its history after it made its foray into the futures trading world with the acquisition of London-based Crypto Facilities.
2019-2-5 21:04 | |
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It looks like the future of BitMEX in North America is bleak. The Block Crypto has recently reported that BitMEX, which is a trading platform that was created to facilitate futures trading with cryptos (mostly Bitcoin) has been on the target of financial regulators from Canada. This has made the company close the accounts in […]
2019-1-15 19:25 | |
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In this edition of The Daily, cryptocurrency exchange Binance has announced support for multiple accounts and we’ve got all the details. Elsewhere, digital asset exchange Huobi wants to launch a regulated platform for institutional investors under its Gibraltar license.
2018-12-8 17:15 | |
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When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory.
2018-11-21 19:26 | |
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The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves.
2018-10-10 23:38 | |
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An exchange-traded bitcoin fund (ETF) would signal greater acceptance of bitcoin as a mainstreet investment, while also making it much easier for both institutional and retail investors to get involved.
2018-10-6 01:07 | |
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When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers.
2018-9-21 23:45 | |
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Cryptocurrency exchange Poloniex is delisting eight coins: BitcoinDark (BTCD), Bitmark (BTM), Einsteinium, (EMC2), Gridcoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC) and BitcoinPlus (XBC).
2018-9-20 01:10 | |
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While the U. S. Securities and Exchange Commission continues to contemplate whether or not to approve a Bitcoin exchange-traded fund (ETF), Canada has taken the plunge. Canadian regulators have approved a regulated Bitcoin trust fund which allows investors to invest in Bitcoin through retirement and savings accounts.
2018-9-14 01:00 | |
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BitGo has received the green light from the South Dakota Division of Banking to act as a qualified custodian for digital assets, according to a Business Wire press release.
2018-9-14 20:01 | |
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In a what appears to be a seismic shift in company ethos, digital assets platform ShapeShift has launched a new loyalty program called "ShapeShift Membership" which will require the exchange users to provide "basic personal details," according to a blog post published September 4, 2018.
2018-9-6 21:20 | |
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China is continuing its crackdown on bitcoin and cryptocurrency-related ventures. The country is now blocking access to more than 120 offshore cryptocurrency exchanges utilized for trading purposes by mainland customers.
2018-8-24 00:24 | |
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Days after shutting down several crypto media accounts on WeChat, Chinese regulators are seeking to block access to 124 overseas crypto exchanges.
2018-8-23 09:00 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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Poland’s cryptocurrency industry lobby group the Polish Bitcoin Association (PBA) confirmed it has complained to regulators about banks’ denial of services to businesses June 27. Banks ‘Aim To Remove Virtual Currency’ In a statement sent to the Office of Competition and Consumer Protection (OCCP), the PBA cites financial institutions closing and denying bank accounts as proof they “clearly aim at removing virtual currency entities from the market.
2018-6-30 07:00 | |
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According to reports, Robinhood, a cryptocurrency, stocks and options trading platform is in talks to offer banking services like savings accounts. Sources close to the matter said that they were in early discussions with regulators to offer banking-like products.
2018-6-22 05:27 | |
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Unnamed sources suggest popular free crypto and stock trading application (app), Robinhood, is negotiating with US regulators about prospects for it becoming a bank, complete with traditional services such as savings accounts.
2018-6-21 10:10 | |
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Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.
2018-6-12 22:22 | |
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Crypto payments giant MoonPay has acquired Solana-based payment processor Helio. Helio, known as Solana’s (SOL) leading payment processor, has powered over $1. 5 billion in transactions in just three years.
Cryptocurrency exchange KuCoin just announced KuCoin Pay, which is a new payment platform designed to help merchants accept cryptocurrency transactions. KuCoin Pay is integrated with the KuCoin (KCS) app, which is used by over 37 million people globally. By leveraging…
In the coming years, the use of Bitcoin and hallucinogen will increase, opening up new potentials for the development of human civilization.
Alchemy Pay users can link their virtual cards to Samsung Pay, enabling payments with crypto online and in-store, according to an Oct. 7 announcement. Over 500,000 users of Alchemy Pay’s virtual card can now use their crypto for retail payments in the 24 countries where Samsung Pay is available.
Mercado Bitcoin plans to offer its corporate and retail customers support for international payments, allowing users to transact with Brazilian Reais.
If the AI industry is serious about finding the ‘killer app’ for sustained, long-term adoption, it can’t fade the decentralized payments paradigm.
Paysafe has announced a strategic partnership with Alchemy Pay, a prominent fiat-crypto payment solution provider.