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New law pushes around 400 crypto firms out of Estonia
The number of registered crypto firms in Estonia has dropped by 80% after it enacted a new law to prevent money laundering. The money laundering regulator in the country, Financial Intelligence Unit, published a report stating that the validity of 389 authorizations has expired, and there are only 100 active authorizations for virtual assets service […] The post New law pushes around 400 crypto firms out of Estonia appeared first on CryptoSlate. дальше »
2023-5-9 20:07 | |
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Global Crypto Firms Thrive Despite China’s Ban
Despite outlawing crypto trading in 2021, China's ban has done little to dampen its citizen's appetite for crypto. The post Global Crypto Firms Thrive Despite China’s Ban appeared first on BeInCrypto. дальше »
2023-5-7 13:52 | |
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Crypto Firms’ Plans To Leave The US Speak Imminent Doom, Says Tim Draper
The United States is gradually becoming too hot for crypto firms to operate due to unclear and stringent regulatory approaches. For instance, a recent development that sparked an outcry was the proposal to impose a 30% excise tax on crypto-mining facilities. дальше »
2023-5-8 11:00 | |
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Bitcoin Tests $29k Amidst Banking Sector Woes, Crypto Firms Expanding Offshore, And Key Interest Rate Hikes
May 2023 started with yet another tumultuous week for the US Banking sector. On May 1, 2023, the federal government seized First Republic Bank following weeks over which depositors and investors pulled out their money. дальше »
2023-5-7 15:50 | |
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Lawmakers throw weight behind New York’s CRPTO act
Several New York lawmakers have thrown their weight behind New York’s new Crypto Regulation, Protection, Transparency, and Oversight (CRPTO) Act. On May 5, New York Attorney General Letitia James revealed a proposed bill that would further extend the scope of regulatory authority over crypto firms. дальше »
2023-5-6 20:11 | |
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NYAG's latest proposal targets crypto firms engaging in fraud and more...
NYAG is reportedly proposing a new law for governing crypto firms The bill also has a special clause for stablecoins and seeks to audit the financial reports of firms through independent auditoThe post NYAG's latest proposal targets crypto firms engaging in fraud and more... appeared first on AMBCrypto. дальше »
2023-5-5 19:45 | |
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New York AG’s office seeks additional authority over crypto firms
Under a bill proposed by New York Attorney General Letitia James, crypto exchanges could be required to reimburse users who were the victims of fraud. дальше »
2023-5-6 18:10 | |
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Israel seized nearly 200 Binance accounts over terrorism links over two years
Authorities in Israel have seized 190 Binance accounts with ties to Islamic terrorist groups since 2021, Reuters said on May 4. Reuters reported that two of those accounts were linked to Islamic State (ISIS) and that almost all of the other accounts were owned by three firms with ties to Hamas. дальше »
2023-5-5 01:45 | |
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Deloitte enters the Polkadot ecosystem to issue reusable digital credentials
Deloitte, one of the world’s largest accounting firms, is integrating the KILT blockchain, a Polkadot parachain focusing on decentralized identities and verifiable credentials, Polkadot announced on May 4. дальше »
2023-5-5 18:45 | |
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French senate advances legislation allowing social media influencers to advertise cryptocurrency
French Senate's Economic Affairs Committee has approved an amendment allowing registered cryptocurrency firms to hire social media influencers for advertising дальше »
2023-5-4 00:12 | |
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Will compromise on anonymous crypto appease US regulators, spur adoption?
Asking exchanges to identify users might seem like a minor inconvenience, but could it drive DeFi firms overseas, and would crypto users even care? дальше »
2023-5-4 16:47 | |
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Concerns Over Potential De-banking Of Digital Asset Firms Are On The Rise
Could digital asset firms be facing a de-banking crisis? Potential coordinated efforts to de-bank the digital asset ecosystem are being investigated by CryptoUK, the Blockchain Association (BA), and now three Republican members of the U. дальше »
2023-5-3 23:04 | |
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Lawyers, consultancy firms charge bankrupt FTX over $145M in 5 months
Consultancy firms and lawyers handling FTX’s bankruptcy have charged the failed exchange over $145 million for their five-month services, according to court filings. The companies involved in FTX’s bankruptcy case include law firms Sullivan & Cromwell, Landis Rath & Cobb, and Quinn Emanuel Urquhart & Sullivan. дальше »
2023-5-2 14:30 | |
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Crypto industry thinks US government is trying to ‘kill crypto’
The repeated failures of crypto firms to secure regulatory approvals in the U. S. have led to a “universal conviction” among the industry that the country’s financial watchdogs are unwilling to let crypto flourish, the Intelligencer reported. дальше »
2023-5-1 20:39 | |
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UpToken price takes a hit after the US SEC fines Coinme
The price of UpToken (UP) has taken a hit after the US SEC fined the crypto ATM operator turned crypto exchange Coinme $4 million for violating US laws in its UpToken ICO. The Securities and Exchange Commission (SEC) nabbed Coinme, its subsidiary Up Global SEZC and the CEO of both firms, Neil Bergquist for allegedly […] The post UpToken price takes a hit after the US SEC fines Coinme appeared first on Invezz. дальше »
2023-5-3 19:24 | |
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Nigeria SEC will support asset-backed tokens: Bloomberg
The Nigeria Securities and Exchange Commission (SEC) will allow tokenizing assets like equities, property, and debt. According to a Bloomberg May 1 report, the Nigerian SEC’s head of securities and investment services, Abdulkadir Abbas, said the financial regulator is processing applications for digital exchanges and firms. дальше »
2023-5-1 16:45 | |
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The United States Is Losing Its Crypto Dominance, Andreessen Horowitz Warns Amid Stifling Regulations
As more digital asset firms become victims to the bottleneck approach of United States regulators, several industry experts have bemoaned the current reality with some accusing regulators of ‘killing the sector.’ дальше »
2023-4-29 15:28 | |
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Hong Kong Regulator Prompts Banks to Support Crypto Firms
The Hong Kong warms to the crypto sector, the city's financial regulator has asked banks to support licensed firms in the city. The post Hong Kong Regulator Prompts Banks to Support Crypto Firms appeared first on BeInCrypto. дальше »
2023-4-29 14:00 | |
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Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines
The miner signed deals with three firms to host rigs in sites where the Celsius Mining fleet was recently unplugged from. дальше »
2023-4-28 16:00 | |
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Hong Kong Monetary Authority Advises Banks to Offer Support to Crypto Firms
Coinspeaker Hong Kong Monetary Authority Advises Banks to Offer Support to Crypto Firms The push to support crypto is gaining traction in Hong Kong as some banks are already pledging support to the industry. дальше »
2023-4-29 13:34 | |
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UK’s FCA is looking to collaborate with crypto entities
The FCA is reportedly interested in developing a regulatory framework for crypto in collaboration with crypto firms. However this move does not sit well with the US who claim its all being done wrong. дальше »
2023-4-26 16:48 | |
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Coinbase Goes Offensive Against The SEC With Lawsuit Targeted At Regulatory Clarity
The Securities and Exchange Commission (SEC) regulatory approach has come under fire by crypto executives and commentators in recent months after the commission filed actions against firms without clear-cut regulations. дальше »
2023-4-25 17:44 | |
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Coinbase Asks U.S. Court to Force SEC Response to 2022 Rulemaking Petition
The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms. дальше »
2023-4-26 03:00 | |
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Op-ed: Crypto firms should look East for growth opportunities as USD dominance wavers
The following is a guest post from BTSE CEO Henry Liu. Every day it seems there are new headlines highlighting the wavering dominance of the U. S. dollar as the world’s reserve currency. At the same time, U. дальше »
2023-4-24 23:47 | |
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EU approves MiCA, US crypto firms consider relocating amid regulatory uncertainty | Weekly recap
US crypto firms are considering leaving the country amid concerns surrounding regulatory uncertainty; EU approves MiCA дальше »
2023-4-24 18:14 | |
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Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them. дальше »
2023-4-23 22:59 | |
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Venture capital firms distance themselves from OPNX funding
At least two venture capital firms — Nascent and DRW — have distanced themselves from OPNX. Earlier today, OPNX revealed that its major investors included AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, Token Bay Capital, Nascent, and Tuwaiq Limited. дальше »
2023-4-22 22:02 | |
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OPNX backed by Appworks, MIAX Group, SIG, among others
OPNX, a crypto bankruptcy claims exchange firm co-founded Kyle Davies, has received backing from distinguished firms. дальше »
2023-4-22 22:00 | |
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Hong Kong and Singapore Battle It out to Be Asia’s Crypto Capital
Hong Kong and Singapore are two of Asia’s leading crypto hubs. And in recent years, many international crypto firms have found a home in in both cities. The post Hong Kong and Singapore Battle It out to Be Asia’s Crypto Capital appeared first on BeInCrypto. дальше »
2023-4-22 20:30 | |
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