UK Upper Parliament Approves New Crypto Regulation Bill

The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] дальше »

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ASX report says 15% of Australian investors hold crypto

The ASX’s Australian Investor Study 2023 report has revealed that 15% of investors in the country hold crypto. дальше »

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Binance cancels UK registration: What you should know

The U. K. regulator had ordered Binance to stop all regulatory activities in the country in 2021. Binance faced trouble across European countries following the SEC enforcement action in the U. дальше »

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Binance Faces Regulatory Headwinds: UK Registration Canceled, Exits Netherlands, Cyprus

In the latest development surrounding Binance, the world’s largest cryptocurrency exchange, the company has officially canceled its registration in the United Kingdom. The UK Financial Conduct Authority (FCA) approved Binance’s request to deregister Binance Markets Limited (BML) (BML) on May 30, 2023, effectively ending its authorization to provide regulated services in the country. дальше »

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Bill recognizing crypto as ‘regulated activity’ in UK passes House of Lords

The United Kingdom’s House of Lords passed the Financial Services and Markets Bill today, marking a major step in the country’s effort to regulate crypto-assets and their providers. Introduced on July 20, 2022, this legislation could impact the cryptocurrency markets considerably. дальше »

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Indonesia Grants XRP An Official Tradable Status In Crypto Market

Indonesia’s government has deepened the country’s crypto adoption with a list of tradable assets. It added Ripple native token, XRP, among the 501 digital assets on the list. With the new revelation, XRP and other listed tokens have received the license to be traded in the country. дальше »

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Why Binance Canceled Its UK License, Continues European Market Exit

The world’s largest crypto exchange Binance continues to pull out from the European market. According to the United Kingdom’s Financial Conduct Authority (FCA), the company canceled its license to operate in the country. дальше »

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UK Financial Watchdog Cancels Binance Permissions on Firm's Request

U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country. дальше »

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Hong Kong says Cyberport attracted 150 Web3 firms in a year

The country’s financial secretary says state funding and support have helped draw Web3 innovators to the digital hub.

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First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions

The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country. дальше »

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Binance sends cease and desist notice to fraudulent Nigerian entity

This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country. дальше »

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Court rejects SEC request to freeze Binance.US assets, approves agreement to expedite case

The U. S. SEC and Binance have signed an unprecedented agreement to expedite the case and ensure that U. S. customers’ assets remain in the country, according to June 16 court filings. Judge Amy Jackson approved the agreement but rejected the SEC’s request to freeze Binance. дальше »

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Binance bids farewell to this country in the face of regulatory obstacles

Binance Netherlands to cease registration of new users with immediate effect. BNB continues a downtrend for the third consecutive day, trading around $235. Amidst the regulatory challenges sThe post Binance bids farewell to this country in the face of regulatory obstacles appeared first on AMBCrypto. дальше »

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Binance withdraws from Canada following additional crypto regulations

The Canadian government announced changes in crypto regulations, leading Binance, the biggest cryptocurrency exchange, to cease its activities in the country дальше »

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Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request: Report

Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail. дальше »

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Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request

Courts in the country approved bail for the Terraform Labs founder, but a South Korea extradition request is set to keep him in jail. дальше »

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Casino stocks boost as China cuts key policy rate- can Bitcoin casinos benefit?

Yes, Macau casino stocks could benefit from a new boost – the monetary stimulus that China is looking at as the country’s leadership pushes to halt a fresh economic slump. According to Casino. дальше »

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Brazil Sets Crypto Regulations Straight: Central Bank Takes Charge As Regulator

Brazil’s President, Luiz Inacio Lula Da Silva, has taken a significant step toward clarifying the regulatory landscape of crypto in the country. With the recent signing of legislation, the roles of the Central Bank in overseeing the crypto industry will be clearly defined, granting the bank the authority to supervise crypto firms.  Additionally, the regulation […] дальше »

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Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases

The Latin American country will conduct a pilot to test Ripple's technology for its high-value payments system. дальше »

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Banks’ Crypto Limits Yield Costly ‘Side Effects’, Blockchain Australia Warns

Crypto trade body Blockchain Australia, a prominent organization in the Oceanic country, has expressed concerns regarding the potential ramifications of imposing stringent regulations on the industry. дальше »

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Federal Reserve Finally Ends Ten-Month Long Interest Rate Rise

The US Federal Reserve announced Wednesday its decision to halt rate hikes after 10 months of rises, signaling a degree of control over the country's inflation. The post Federal Reserve Finally Ends Ten-Month Long Interest Rate Rise appeared first on BeInCrypto. дальше »

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Blockchain Australia says banking restrictions will have ‘costly side effects’

Industry group Blockchain Australia believes that placing “blanket restrictions” on the crypto industry in the Oceanic country could potentially result in “costly side effects. ” The trade body made the statement in response to the Commonwealth Bank of Australia’s recent decision to restrict payments to crypto exchanges and place a monthly limit on all crypto-related transactions. дальше »

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Crypto Crackdown: Will Crypto Exchanges be Forced to Register with the SEC?

The U. S. Securities and Exchange Commission (SEC) has intensified efforts towards regulating crypto in the country. This is in spite of a lack of regulatory clarity, which has made it impossible for crypto companies to know what is expected of them. дальше »

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Australia's Crypto Industry Body Denounces Recent Banking Restrictions

Blockchain Australia said it wants to tackle the issue "head-on by using real data," after reports that banks in the country were blocking payments to crypto exchanges. дальше »

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Sam Bankman-Fried Can Contest Extra DOJ Charges, Bahamas Supreme Court Says

The FTX founder pleaded not guilty to fraud in the U.S. after being extradited from the Caribbean country. дальше »

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a16z Expands To London Citing Favorable Crypto Regulatory Environment

Andreessen Horowitz, the name behind venture capitalist firm a16z, is going international with a new crypto office in London. The new move from the venture capital company adds to the number of crypto-related firms in the US looking for a favorable environment outside the country. дальше »

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Ripple expands Canadian engineering activities with U of Toronto XRP validator

Canada’s largest university is the third in the country to partner with Ripple’s University Blockchain Research Initiative.

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Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship

The country’s 2023 budget is riddled with an 11 trillion naira budget deficit and 6 trillion naira debt service cost, so it is looking for new avenues to fund its budget, observers say. Nigeria has placed a 10% tax on digital asset profits in the latest Nations Finance Act 2022 amendment. The tax will include […] дальше »

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Andreessen Horowitz applauds UK’s progressive approach to crypto regulation as a16z to open UK office

Andreessen Horowitz (a16z) General Partner Chris Dixon praised the U. K. ’s regulatory approach to crypto and announced expansion plans in the country, including opening a London office, marking its first international station outside the U. дальше »

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Nigeria regulator halts Binance operations: Report

According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. дальше »

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Nigeria SEC declares Binance operations in country illegal

The Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal дальше »

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Binance Hit With Suspension Notice In Nigeria By Market Regulator

In a significant move, Nigeria’s market regulator has issued a directive to suspend the operations of Binance, the largest cryptocurrency exchange globally, within the country. The regulator stated that the exchange’s local unit, which had been attracting Nigerian investors through its website, was operating illegally. дальше »

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Binance Nigeria Declared Illegal Despite Country’s Blockchain Technology Push

On June 9, the Nigerian SEC declared that Binance was operating illegally in the country as it was neither registered nor regulated by the Commission. The post Binance Nigeria Declared Illegal Despite Country’s Blockchain Technology Push appeared first on BeInCrypto. дальше »

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Argentina Ready To Support Bitcoin With Gathering And Event In Buenos Aires

Bitcoin Argentina, an NGO dedicated to bitcoin adoption in the country, is hosting an event that promises to be a spectacle. дальше »

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Crypto.com’s CRO Firm Despite SEC Lawsuit Fears, Time To Watch The Token?

CRO, the native token of the Cronos blockchain, an open-source, interoperable, and Cosmos-based platform, a centralized crypto asset exchange, is steady despite some community members fearing that the United States Securities and Exchange Commission (SEC), the primary securities regulator in that country, could soon target Crypto. дальше »

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What Are the Best Ways to Buy Crypto in 2023

Buying crypto is a much easier process than it was a few years ago; back in the day, people had to go as far as mailing physical money across the country (or world) to score some BTC.  Today,  buying crypto is as simple as signing up for an exchange, going through the basic KYC (Know […] The post What Are the Best Ways to Buy Crypto in 2023 appeared first on CoinCentral. дальше »

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Circle receives digital token license in Singapore

Circle, the issuer of the USDC stablecoin, is expanding its presence in the Asian market with a new license to operate in Singapore. The Monetary Authority of Singapore (MAS), the country’s central bank, has granted the company’s Singapore division, affiliated… дальше »

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SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea

The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations. дальше »

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El Salvador’s Bitcoin Bill Is Now Two Years Old, How Has The Country Fared Since Then?

On June 5, 2021, El Salvador made waves across the financial space when its bill to make Bitcoin a legal tender in the country was first made public. Since then, the North American country has gone on to completely implement BTC as a legal tender in the country, as well as invest a significant amount […] дальше »

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Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment

Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the country’s regulatory posture towards the industry, according to a June 6 press statement shared with CryptoSlate. дальше »

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Reserve Bank of Australia: Stablecoins can play an important role in the financial system

Stable digital coins can play an important role in the Australian economy and financial system. This is stated in the new report of the Reserve Bank of the country (RBA). “The activity of stablecoins in Australia has been relatively limited to date, although stablecoins may play a more prominent role in the financial system in […] Сообщение Reserve Bank of Australia: Stablecoins can play an important role in the financial system появились сначала на Coinstelegram. дальше »

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The Adoption of Cryptocurrencies in Arab Nations: Examining Saudi Arabia’s Recent Move

As governments look for alternatives to established financial institutions in an interconnected world, the rise and use of cryptocurrencies have accelerated. According to recent reports, Saudi Arabia, a significant Arab country, is seeking to join the BRICS New Development Bank (NDB). дальше »

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El Salvador’s Bitcoin Volcano in sight

El Salvador continues its dedication to becoming a global leader in the Bitcoin mining industry through the development of its ambitious Volcano Energy project. The country plans to add 241 MW of renewables and 1. дальше »

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El Salvador Unleashes "Volcano Energy" With 241 Megawatt Planned Bitcoin Mining Operation

The country of El Salvador is harnessing its energy resources and constructing a renewable power generation park to fuel the growth of Bitcoin mining. дальше »

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Russia Drops State-Backed Crypto Exchange Plans, Rolls Out New Regulatory Model For Industry

Russia has long been criticized for its mixed signals towards digital assets. However, this could change soon as the news of backing private exchanges marks a new dawn for the country’s relationship with cryptocurrencies. дальше »

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Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report

As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country. дальше »

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Brazilian crypto exchange Mercado Bitcoin licensed as payment provider: Report

As a payment institution, MB Pay will enable certain digital banking services to the crypto exchange’s users in the country.

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Russian Bank Rosbank Pilots Cross-Border Cryptocurrency Transactions with Corporate and Private Clients

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China publishes national blockchain standard

China’s Ministry of Industry and Information Technology (MIIT) has published a national standard for blockchain technology to guide the development of the industry in the country, a state-run news channel CGTN reported on June 2. дальше »

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Crypto.com secures Major Payment Institution license in Singapore

Crypto. com said June 1 that it has secured a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS), the country’s chief financial regulatory body. дальше »

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