bitFlyer Acquires the Coveted “Type 1” License to Offer Crypto Margin Trading and Derivatives in Japan

Tokyo-based prominent cryptocurrency exchange bitFlyer today announced it had successfully registered as a Type I Financial Instruments Business under the Financial Instruments and Exchange Act. A Major Milestone for bitFlyer By successfully registering itself as a Type 1 Financial Instruments Business in Japan, bitFlyer can now re-open its margin trading and derivative operations. For theRead More дальше »

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U.S. Navy Engineer Charged With Selling Submarine Secrets For Crypto

A nuclear engineer in the U.S. Navy and his wife will be charged in a Martinsburg, West Virginia federal court on Tuesday this week after they were busted by an undercover FBI agent for allegedly selling designs of nuclear-powered war submarines for cryptocurrency, which contravenes the Atomic Energy Act. Jonathan Toebbe, 42, and his wife […] дальше »

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SEC Chair says US Approach is “Different” from Banning Crypto, Congressman Tells Gensler to “Step out of” Crypto’s Way

Meanwhile, a top Republican in the House of Representatives is proposing a safe harbor bill, “Clarity for Digital Tokens Act of 2021,” to “provide the necessary legal certainty to digital asset projects when they launch. дальше »

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US Senator Warren introduces bill to study crypto’s role in ransomware

The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat. дальше »

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Monetary Authority of Singapore Grants Two Licenses to Offer Digital Payment Token Services

Singapore has granted licenses to DBS Vickers, the brokerage arm of DBS Bank Ltd. , and the Australian crypto exchange Independent Reserve to offer digital payment token services. Both the firms were granted an “in principle” approval from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act in the past two months. дальше »

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Kraken fined $1.25 million by CFTC for offering Bitcoin, crypto futures

In what is the latest sanction against a cryptocurrency exchange in the United States, one of the country’s biggest exchanges, Kraken, has been slapped with a fine of $1. 25 million by the Commodity Futures Trading Commission (CFTC) for violating the country’s Commodity Exchange Act (CEA). дальше »

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Did US Regulators Began Offensive Against Crypto Platforms? CFTC Fines Kraken

One of the biggest cryptocurrency exchanges, Kraken, received a $1. 25M fine. The Commodity Futures Trading Commission imposed the “civil monetary penalty” plus a cease and desist from “further violations of the Commodity Exchange Act (CEA)” on September 28th. дальше »

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CFTC commissioner Dan Berkovitz will become SEC general counsel

The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive," and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act. дальше »

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FTX’s Bahamas-based Subsidiary Becomes a Registered Entity

FTX Digital Markets, the Bahamian subsidiary of rapidly growing crypto derivatives platform FTX, announced on Monday that it is now a regulated entity. The Bahamas-based platform has been registered by the Securities Commission as a digital assets business under the Digital Asset Registered Exchanges Bill or the “DARE Act. дальше »

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How to be a better hodler, explained

Hodling is by no means easy, but there are ways to ensure you don’t act impulsively and let your crypto do the hard work for you. дальше »

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Blockchain.com bets on LUNA ecosystem, joins $150m Terra initiative fund

Blockchain dot com, a full-stack crypto services platform has recently announced it jumped on board Terra’s $150 million Ecosystem Fund, established to act as a capital foundation for projects eager to build and develop applications, protocols, and tools on the growing network. дальше »

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NuGenesis Comprehensive 2-part Review of proposed amendment of the Federal Reserve Act (Part 1)

The “Digital Asset Market Structure and Investor Protection Bill” makes a comprehensive regulation of the crypto industry.   It is inevitable.   There is much to complain about.   However, what it does signal is that distributed ledger technology has come of age. дальше »

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Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies

Singapore’s DBS Bank is the latest to receive approval “in principle” from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act. DBS Vickers, the bank's brokerage arm, is the one that received the go-ahead from the country’s financial regulator to begin offering crypto services directly to companies and asset managers via its […] The post Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies first appeared on BitcoinExchangeGuide. дальше »

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Breaking Down The US Infrastructure Bill And Its Impact On Crypto

The past few days have nothing short of a debacle on the Senate floor, especially in relation to crypto. Recent legislation titled the “INVEST in America Act” has been tossed back and forth in hopes of reaching a bipartisan vote. дальше »

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Deutsche Telekom gives Coinbase the custody rights to its Celo

Europe’s biggest Telecom provider Deutsche Telekom has selected US crypto exchange giant Coinbbase to act as the custody for its CELO tokens (CELO/USD). According to the announcement, the exchange will hold the tokens through its custody platform, Coinbase Custody. дальше »

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Ripple May Finally Escape SEC’s Den, Thanks To This Proposed Crypto Legislation

The Digital Asset Market Structure and Investor Protection Act, new legislation proposed by Congressman Don Beyer (D-VA-08) that would protect consumers and promote innovation by incorporating digital assets into existing financial regulatory structures, has been noted to be a step in the right direction in clearing the current regulatory uncertainty surrounding cryptocurrencies. Beyer who proposed […] дальше »

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Monetary Authority of Singapore (MAS) Grants its First Approval to A Crypto Exchange

Cryptocurrency exchange Independent Reserve has been granted an “in-principle approval” under the Payment Services Act by the Monetary Authority of Singapore (MAS). Under this license, the 2013-founded Independent Reserve is allowed to operate as a regulated provider for Digital Payment Token services. дальше »

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Germany Green Lights Massive Institutional Crypto Investment with New Law

Institutional funds in Germany would be able to allocate a portion of their portfolio into crypto-assets, following a new law that would take effect in August. Institutional Funds to Hold up to a Fifth of their Assets in Crypto According to Bloomberg on Friday (July 30, 2021), The Fund Allocation Act would come into effectRead More дальше »

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Treasury Secretary Yellen Asks US Regulators Overseeing Crypto Assets to ‘Act Quickly’ to Regulate Stablecoins

U. S. Treasury Secretary Janet Yellen has asked the regulators overseeing crypto assets to “act quickly to ensure there is an appropriate U. S. regulatory framework in place” for stablecoins. дальше »

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Proposed U.S. Bill Seeks to define Crypto Under Securities Act

The United States has often been criticized for its slow pace in enacting much-needed cryptocurrency regulations. Perhaps the biggest issue that has yet to be resolved is whether or not cryptocurrencies are securities. дальше »

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What Are Crypto-collateralized Stablecoins and How They Work

Crypto-collateralized stablecoins are stablecoins backed by other cryptocurrencies to shield them from the high volatility of the reserve crypto. By ‘backing’ them, they act as collateral. дальше »

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4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets

Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. дальше »

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Here's how Germany can potentially see a $415B investment in crypto

Regulations around cryptocurrencies are changing all around the world. Germany, for instance, which had barred its citizens from investing in crypto, recently amended its Fund Location Act. This updatThe post Here's how Germany can potentially see a $415B investment in crypto appeared first on AMBCrypto. дальше »

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Germany Opens Floodgates to Bitcoin Investing

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South Korean deputy PM says continued crypto volatility is a major concern

South Korean Deputy Prime Minister, Hong Ham-ki, recently spoke about the cryptocurrency industry, with a particular focus on the CBDCs, noting that a central bank digital currency could act as a cryptocurrency if implemented. дальше »

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Korean Crypto Exchanges Mulling Lodging a Constitutional Appeal Against Govt

Several exchanges could press a constitutional appeal against the Korean government and the financial authorities as they face the risk of being banned. The development follows the amended Act on Reporting and Use of Certain Financial Transaction Information. дальше »

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Bipartisan bill to study blockchain and crypto passes US House of Representatives

The Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens. дальше »

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Theta mainnet launch approaches, causes THETA and TFUEL prices to rally

Most of the time, any cryptocurrency will follow Bitcoin’s behavior, which usually means acting in unison with the rest of the crypto market, as well. However, as most people likely know, major individual developments can cause coins to change their behavior and act very differently from their peers. дальше »

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South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body

Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection of customers”, has been made “in terms of section 46 of the (South African) Tax Administration Act.” […] дальше »

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Bitcoin, Ethereum and Alts hodlers: Here's one way to trade the current market

Being on the wrong side of a crypto market cycle can be detrimental. Be it for Bitcoin, Ethereum, or any other Altcoin, volatility can act as both a blessing and a bane. At present, the majority of thThe post Bitcoin, Ethereum and Alts hodlers: Here's one way to trade the current market appeared first on AMBCrypto. дальше »

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Move over DOGE: Uma launches DeFi insurance contracts for SpaceX flights

Decentralized finance (DeFi) platforms Uma and Opium Network have announced the launch of a new—quite unusual—crypto derivative product that would allow individual users to act as insurers for SpaceX flights. дальше »

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Hong Kong Announces Proposal to Ban Retail Crypto Trading

If the proposed act passes into law, crypto trading will only be available to professionals with $1 million in their investment portfolio. The post Hong Kong Announces Proposal to Ban Retail Crypto Trading appeared first on BeInCrypto. дальше »

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US Lawmaker Pushes for Safe Harbor Legislation to Protect Crypto Investors With Forked Coins

US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains or losses on ‘forked assets’ until the IRS issues sufficient guidance on how […] дальше »

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US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users

Minnesota congressman Tom Emmer has introduced the Safe Harbor bill to protect taxpayers with Forked Assets Act from Internal Revenue Service (IRS) penalties. The post US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users appeared first on BeInCrypto. дальше »

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Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset

The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine the country’s financial system. дальше »

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Crypto Regulation: US House of Representatives Passes Crypto Task Force Bill

 The U. S. House of Representatives passed H. R. 1602, the “Eliminate Barriers to Innovation Act of 2021,” last week, sending it to the Senate. The senate subsequently referred it to the Senate Banking Committee. дальше »

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Congress passes digital asset innovation act to clarify crypto regulations

U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America.

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BTG Pactual ties with Gemini to launch a BTC fund; Sends BTG to the moon

Winklevoss twins-founded crypto exchange Gemini recently joined hands with BTG Pactual, a Brazilian investment bank to act as the custodian of its Bitcoin 20 Multi-market Investment Fund. Gemini unveiled this news through a blog post on April 5, noting that this partnership would see it serve as BTG Pactual’s trade execution partner. дальше »

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Pluto Digital Assets Founder Talks VC Asset Management & DeFi

The VC firm seeks to act as a bridge for fundraising between traditional market investors and the crypto space. Its strategy revolves around investment in new tokens along with industry standards and emerging startups. дальше »

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Former BitMEX CEO Arthur Hayes Surrenders To US Authorities In Hawaii; Released On A $10M Bond

Arthur Hayes, founder and former CEO of BitMEX, finally surrendered to U. S. authorities in Hawaii to face charges that the crypto derivatives exchange and its executives violated the Bank Secrecy Act, according to a Bloomberg report. дальше »

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Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin

CryptoNinjas » Uppsala to provide crypto AML solution for South Korean exchange Coin&Coin Uppsala Security, a provider of cybersecurity tools for crypto AML, risk management, and regulatory compliance, announced today the signing of a contract to build a ‘Virtual Asset AML’ solution for crypto exchange Coin&Coin that complies with the amendment of the Special Money Act in South Korea. дальше »

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Top South Korean bank set to offer services to local crypto exchanges

The BNK Busan Bank, a renowned South Korean bank, is planning to offer banking services to local crypto exchanges. The bank unveiled this news through an official announcement on March 23, noting that it had decided to test the crypto waters ahead of the implementation of changes to the Specific Financial Information Act on March […] The post Top South Korean bank set to offer services to local crypto exchanges appeared first on Invezz. дальше »

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– India: All Public, Private Companies Now Required to Disclose Crypto Holdings

Amid ambiguous regulations, crypto adoption continues to grow in India. Indian Companies to Report Crypto Holdings According to a recent amendment to India’s Companies Act, all companies are now required to report all their crypto or digital asset transactions in all public financial reporting. дальше »

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India's government orders companies to disclose crypto holdings

Recent amendments to India’s Companies Act will see firms in the country include their crypto involvement in all public financial reporting. дальше »

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Korean Banks are Unsure About Cryptocurrency Partnerships

Korean banks are conflicted on whether to extend alliances with local cryptocurrency exchanges amid the strict financial regulations. Financial Information Act Implementation For the time being, three Korean commercial lenders – Shinhan, NongHyup, and K bank – have formed partnerships with major crypto exchanges. дальше »

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Monero price analysis: XMR lags behind the rising crypto market

Monero is one of the rare cryptocurrencies in the market cap top25 that ended up posting week-over-week losses. Will XRM catch up in price gains, and should you consider investing in XMR now? Fundamental analysis: no fundamental improvements act against Monero this time Monero has lacked initiative when it comes to upwards price motion in […] The post Monero price analysis: XMR lags behind the rising crypto market appeared first on Invezz. дальше »

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New York Attorney General Warns Against Crypto Investing, says It ‘Could Cause Devastating Losses’

New York Attorney General Letitia James has issued a warning against investing in cryptocurrencies. “There are extreme risks in investing in virtual or cryptocurrencies,” she said. According to her, it is imperative that they act to protect the wallets of the investors, and as such, “I’m warning New Yorkers and investors across the country that […] The post New York Attorney General Warns Against Crypto Investing, says It ‘Could Cause Devastating Losses’ first appeared on BitcoinExchangeGuide. дальше »

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Wildcat Crypto: Will History Repeat Itself?

The United States Stable Act, introduced in 2020 but never passed, sought to address a problem that dates back to before the US Civil War: the fraud of issuing a currency with no real value. The post Wildcat Crypto: Will History Repeat Itself? appeared first on BeInCrypto. дальше »

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Crypto influencer warns Ethereum fees will drive users away

Crypto YouTuber Lark Davis is urging Ethereum’s to launch ETH 2.0 quickly, warning its devs must act soon to prevent rival networks from taking over amid high gas fees. дальше »

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Stable Gold May Act As A Hedge Against Crypto Volatility Says Top Gold Miner

The age-old safe haven asset is tangible, and crypto holders should consider having some gold, said Newcrest Mining Ltd. CEO Sandeep Biswas. The post Stable Gold May Act As A Hedge Against Crypto Volatility Says Top Gold Miner first appeared on BitcoinExchangeGuide. дальше »

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