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Congress’s Failure to Pass Regulation Caused FTX’s Debacle, Asserts Crypto-Friendly Senator

US Senator Pat Toomey has blamed FTX’s collapse on the lack of clear regulations. Speaking during the Financial Regulators Hearing on November 15, the legislator took aim at the US Congress, suggesting that if the house had passed regulations on custody for the industry earlier, the FTX implosion could have been avoided. “It certainly appears […] дальше »

2022-11-18 23:56


Bitcoin Mining Firm Core Scientific Stock Plunges Amid Bankruptcy Rumors

The crypto winter that began in early 2022 has resulted in several financial issues, including Bitcoin mining firms. Many crypto firms have struggled, while others had to close shop. The crypto community felt the impact, mainly through many crypto firms, including Celsius Network, Three Arrows Capital, Voyager Digital, etc. дальше »

2022-10-31 14:15


India’s Financial Watchdog Unfreezes WazirX Accounts After Exchange Cooperates

India’s financial watchdog has unfrozen the bank accounts of one of the country’s largest cryptocurrency exchanges after it cooperated with investigations. The federal Enforcement Directorate (ED) had been investigating WazirX for violating foreign exchange regulations, during which it froze the exchange’s assets worth 646. дальше »

2022-9-12 16:00


Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked. дальше »

2022-7-18 16:38


Crypto Industry Is Still 'Embryonic,' WEF Finance Lead Says

CoinDesk has written before about the sheer presence crypto had during the World Economic Forum’s annual meeting this past May. This past week, I sat down with Matthew Blake, WEF’s head of the Future of Financial and Monetary Systems, to discuss the role the crypto industry might play in future meetings, as well as its presence more generally. дальше »

2022-6-22 16:30


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Korean Finance Chief Nominee Wants Capital Gains Tax On Crypto Delayed To 2025

Korea’s future Finance Chief Choo Kyung-ho mulls introducing a capital gains tax for financial investments and cryptocurrencies in 2025, Korea JoongAng Daily reported Monday. As per the report, both sides of the government had planned in December to introduce a 20% capital gains tax on financial investments and cryptocurrencies beginning in January next year, in […] дальше »

2022-5-5 19:49


The 5 Promising Blockchain Projects Leading The Way Forward For Decentralized Technology In 2022

Cryptocurrencies had a dream run in 2021. From being treated as a fringe topic to becoming a potential disruptor of the traditional financial ecosystem, 2021 stood witness to the meteoric growth in the value of cryptocurrencies, as well as a significant change of momentum in terms of mainstream adoption and technological adoption. дальше »

2022-1-18 20:52


Bitcoin Company NYDIG Raises $1 Billion in Latest Funding Round at a Valuation of $7B

Bitcoin financial services company NYDIG announced this week that it had raised $1 billion in its latest funding round led by VC firm WestCap at a valuation of more than $7 billion. Existing investors Bessemer Venture Partners, Morgan Stanley, New York Life, Mass Mutual, FIS, Fiserv, and Affirm holdings also participated in the round. дальше »

2021-12-15 22:07


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The Sandbox, AAVE & Major ICOs All Use Request Invoicing for Convertible Crypto-Fiat Invoicing & Payroll

Blockchain-based financial services provider Request Finance today announced it had added The Sandbox (SAND) to its list of high-profile clients. The Sandbox Taps Request Finance’s Services Request Finance offers a suite of innovative and robust blockchain-based financial services to crypto firms. дальше »

2021-11-23 18:00


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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 »

2021-10-15 16:10


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Here’s What The IMF Has In Store For Mainstream Crypto Adoption

The IMF has warned of the impending risks associated with the crypto boom. The international financial body has called for increased crypto regulation to maintain financial stability. The IMF had criticized El Salvador’s decision to adopt bitcoin as a legal tender, citing the impact that it could have upon the debt ridden nation. The International […] дальше »

2021-10-6 17:45