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Binance Lands In Deep Water As Malaysia Orders Crypto Exchange To Halt Operations
Cryptocurrency exchange, Binance, has been facing tumultuous times as they have been the focus of several regulatory actions recently. The most recent blow just came from Malaysia. The Securities Commission (SC) of Malaysia today announced that it has taken enforcement action against Binance for illegally operating a digital assets exchange (DAX) in the country, effectively […] дальше »
2021-7-31 20:47 | |
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All About The Bitcoin Adoption Revolution Going On In Central Asia’s Kazakhstan
Central Asian country Kazakhstan has been prominent in the news for Bitcoin mining recently. The country which now boasts being home to about 6-8% of the Bitcoin network hashrate is also seeing significant growth in the adoption of the cryptocurrency. дальше »
2021-7-31 15:43 | |
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Malaysian regulators order Binance to disable operations within 14 days
The Securities Commission Malaysia (SC), the country’s topmost watchdog for financial services and securities, ordered crypto exchange Binance to shut up shop within two weeks and cease all offerings to Malaysian users. дальше »
2021-7-31 14:13 | |
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U.S. Authorities Set to Impose Stricter Crypto Taxes on Investors
United States lawmakers are looking to impose stricter taxation rules on crypto investors, in a bid to milk out roughly $28 billion from the industry and use it to fund part of the proposed $1 trillion bipartisan infrastructure deal that aims to invest over half a trillion dollars in the country’s public works system, accordingRead More дальше »
2021-7-30 21:00 | |
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US senators eye the crypto market for potential $28 billion in tax revenue
US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported. дальше »
2021-7-30 20:00 | |
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The Israeli government mulls tracking crypto holdings worth over $61K
Israel’s government is bolstering its strategies in the fight against tax evasion and money laundering. A report unveiled this news earlier today, citing a new draft bill published by the country’s Finance Ministry. дальше »
2021-7-30 18:14 | |
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Kazakhstan to Reportedly Let Banks Open Cryptocurrency Accounts
The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More дальше »
2021-7-28 23:00 | |
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What part of Bitcoin as national currency is a 'step too far'
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. дальше »
2021-7-28 22:00 | |
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Why did Huobi file 'resolution to dissolve' its entity in China
The stringent crackdown on cryptocurrency businesses and mining in China has led the prominent cryptocurrency exchange, Huobi to shut down its subsidiary functioning in the country. According to the pThe post Why did Huobi file 'resolution to dissolve' its entity in China appeared first on AMBCrypto. дальше »
2021-7-28 21:34 | |
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Bitcoin: These 3 metrics are important to keep track of
Bitcoin and its network’s hash rate took a huge blow when China “banned” mining in the country. This decision’s impact could be long-lasting and while it did affect the investors, it was the mThe post Bitcoin: These 3 metrics are important to keep track of appeared first on AMBCrypto. дальше »
2021-7-27 04:00 | |
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Blockchain Australia Submits Crypto Regulatory Recommendations to Parliament
Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on Friday, July 23,Read More дальше »
2021-7-26 21:00 | |
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Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. дальше »
2021-7-25 21:00 | |
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Protests Erupt In El Salvador Over The Government’s Bitcoin Law
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »
2021-7-25 20:18 | |
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Central Bank of Colombia Announces First Blockchain Bond Pilot Program
The Central Bank of Colombia has announced its involvement in the first blockchain bond pilot program in the country, with the participation of the Interamerican Development Bank (IDB) and Davivienda, a private commercial bank. дальше »
2021-7-24 08:30 | |
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Chinese Miners Pivot to Alternative Currencies to Keep Operating
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. дальше »
2021-7-24 04:30 | |
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EL Salvadorians Go On The Streets In Protest Against Adoption Of Bitcoin As Legal Tender
Despite a three-month restriction on protests, a group of El Salvadorians comprised of leftist unions, student organisations, and others gathered at the Legislative Assembly to denounce the country’s acceptance of Bitcoin as its official currency. дальше »
2021-7-24 02:03 | |
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Report Reveals El Salvador Plans For Issuing A Stablecoin
El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. дальше »
2021-7-24 21:24 | |
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Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. дальше »
2021-7-24 18:30 | |
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China’s Economy Has Plateaued Says Bloomberg Analyst
“China’s rejection of open-source software crypto-assets may mark a plateau in the country’s economic ascent, we believe,” says Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence. Hedge fund manager... дальше »
2021-7-25 17:52 | |
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What this metric means for Bitcoin's capitulation concerns
Bitcoin is more than just a cryptocurrency and a store of value asset. For a lot of people, it is their regular source of income. When China 'banned' mining operations in the country, its repercussionThe post What this metric means for Bitcoin's capitulation concerns appeared first on AMBCrypto. дальше »
2021-7-23 13:30 | |
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The people of El Salvador are protesting against Bitcoin bill
President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of the new legislation became apparent through opinion surveys, Salvadorans started voicing their disapproval in the streets. дальше »
2021-7-23 05:00 | |
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South Korea: Crypto Exchanges Must Register in 2 Months, Warns FSC
The South Korean government’s top financial regulator warned Thursday that foreign cryptocurrency exchanges that target Koreans would risk banned access to their websites as well as criminal investigations unless they register with the country’s anti-money laundering authority. дальше »
2021-7-23 23:00 | |
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South Korea to take action against unregistered crypto exchanges
Crypto exchanges operating in the country that do not register by September 24 face potential fines or even jail time.
дальше »2021-7-23 22:33 | |
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South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents. дальше »
2021-7-23 19:30 | |
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China Offers Medics Digital Yuan Insurance Policy for Covid-19
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. дальше »
2021-7-22 18:00 | |
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ASX sounds crypto exchange custody warning, calls for better regulations
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms. дальше »
2021-7-22 12:59 | |
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South African Central Bank Warns Citizens Against Accepting Tainted Banknotes
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink. дальше »
2021-7-20 11:30 | |
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Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. дальше »
2021-7-20 07:30 | |
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. дальше »
2021-7-19 00:30 | |
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El Salvador Is Reportedly Planning Its Own National Stablecoin — Here’s What You Need To Know
In June, El Salvador became the first country in the world to make bitcoin legal tender, just days after millennial president Nayib Bukele announced his ambitious crypto vision during the 2021 Miami Bitcoin extravaganza. дальше »
2021-7-18 16:51 | |
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Thousands of illegal Bitcoin mining rigs destroyed in Malaysia
A recent report reveals that Malaysian authorities are sweeping out illegal Bitcoin miners in the country. According to the report, 297 Bitcoin machines have already been seized. The authorities also raided multiple premises involved in the stealing of power to mine Bitcoin (BTC/USD). дальше »
2021-7-18 16:27 | |
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Are El Salvador's 'unconstitutional' Bitcoin plans taking advantage of the pandemic?
Nayib Bukele, the President of El Salvador, recently got himself a pair of laser eyes on his Twitter profile at least. This came after the country's parliament passed Bukele’s proposed legislation oThe post Are El Salvador's 'unconstitutional' Bitcoin plans taking advantage of the pandemic? appeared first on AMBCrypto. дальше »
2021-7-17 03:30 | |
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China considers exploring e-CNY for cross-border payments
China will be taking another step forward in its mission to launch the country's digital e-currency. As per a recent report which cites the PBoC, the country will be exploring possibilities pertainingThe post China considers exploring e-CNY for cross-border payments appeared first on AMBCrypto. дальше »
2021-7-17 00:30 | |
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Now Italy’s After Binance; US DOJ Asks Agencies to Stop Sending the Exchange ‘Thank You’ Letters
The market watchdog of Italy is the latest in a string of global regulators to move against Binance as it said on Thursday that the leading cryptocurrency exchange is not authorized to carry out activities in the country. дальше »
2021-7-17 17:19 | |
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LBank Is Recruiting Global Ambassadors To Share In Its Growth
LBank, a leading digital asset exchange, continues to recruit elites from across the globe to become part of its Global Ambassador recruitment. The Global Ambassador Recruitment program, which was launched last month, aims at having a specific country or regional spokesperson. дальше »
2021-7-16 17:04 | |
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Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. дальше »
2021-7-16 16:00 | |
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Italian Regulator Warns Binance Crypto Exchange Not Authorized to Provide Investment Services in Italy
Binance’s regulatory troubles grow with Italy being the latest country to issue a warning on the global cryptocurrency exchange. Other countries that have issued similar warnings include the U. дальше »
2021-7-15 17:00 | |
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Italian finance regulator issues warning on Binance crypto exchange
Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country. дальше »
2021-7-15 13:01 | |
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Three More Chinese Provinces Join National Clampdown on Crypto Mining Activities
The current crackdown on mining activities in China appears to be gaining steam. Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms. Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More дальше »
2021-7-15 23:00 | |
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Anhui Becomes The Sixth Chinese Province To Clamp Down On Bitcoin Mining
To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for more than 50% of global BTC production. дальше »
2021-7-15 22:52 | |
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