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Crypto Chaos: 70% Of Dead Korean Exchanges Leave Investors High And Dry
Investors in South Korea’s booming cryptocurrency market are facing a digital dust storm after a shocking revelation by financial regulators. A joint study by the Financial Supervisory Service (FSS) and the Korea Financial Intelligence Unit (FIU) found that a staggering 70% of shuttered crypto exchanges left their customers hanging, failing to return invested funds. Related […] дальше »
2024-6-8 16:00 | |
What's Next for FIT21? (A Consensus 2024 Recap)
CoinDesk held its annual Consensus conference in Austin, Texas last week, where we heard from lawmakers and regulators, developers, company execs and all sorts of other people in and around this sector. дальше »
2024-6-7 06:35 | |
Bitcoin Boom In Bangkok: Ultra-Rich Get Exclusive Access To New ETF
Thailand has taken its first tentative steps into the world of Bitcoin with the launch of a unique exchange-traded fund (ETF) aimed at high net-worth individuals and institutions. This comes amidst a global surge in interest in cryptocurrencies, but with Thai regulators taking a cautious approach, prioritizing security and controlled access for beginners. Related Reading: […] дальше »
2024-6-5 19:30 | |
Rising Tide: Crypto Investment Products See $185M Inflows, May Sets New Record At $2 Billion
The crypto market is showing signs of a bullish resurgence, with reports of an impressive $2 billion in inflows for May alone. Alongside this positive trend, Ethereum (ETH) has seen a notable turnaround in investor sentiment as the long-awaited spot exchange-traded funds (ETFs) for the market’s second-largest cryptocurrency received approval from the US regulators last week. дальше »
2024-6-4 06:30 | |
Beijing asks WeChat to lower its mobile payment share amid digital yuan pilot
China’s regulators have asked Tencent Holdings to lower the mobile payment market share of WeChat just a few weeks after Beijing started the digital yuan pilot in Hong Kong. Tencent Holdings is reportedly under pressure from Chinese regulators as Beijing… дальше »
2024-5-31 12:18 | |
Binance Under Fire: Reportedly Sold Creditors’ Claims at 50% Discounts Amid Gopax Deal
Binance is under fire for selling creditor claims at steep discounts during its acquisition of Gopax, raising alarms among investors and regulators. The post Binance Under Fire: Reportedly Sold Creditors’ Claims at 50% Discounts Amid Gopax Deal appeared first on BeInCrypto. дальше »
2024-5-28 10:24 | |
Korean authorities under pressure amid US, Hong Kong crypto ETF moves
Korean regulators seem to be under pressure as U.S., Hong Kong regulators approved Bitcoin, Ethereum ETFs, sparking debate on crypto’s role in finance. South Korean financial regulators are under mounting pressure to approve exchange-traded funds (ETFs) for cryptocurrencies, following the… дальше »
2024-5-26 14:48 | |
The Protocol: EIGEN Riches Tempt Ethereum Devs, Even as ETF Approval Nears
There's been tension among members of the Ethereum developer community – even though the ETH price is mooning due to growing anticipation that U.S. regulators might give the green light to spot ether ETFs. дальше »
2024-5-23 19:41 | |
Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes
Cboe, an exchange associated with five of the issuers of a potential spot ether exchange-traded fund (ETF), published its amended 19b-4 filings in response to feedback from regulators. The applicants include Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares and Franklin Templeton. дальше »
2024-5-23 01:59 | |
IBC to Ethereum: Building the interconnected Internet of Blockchains
Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability. дальше »
2024-5-19 17:30 | |
Regulators should embrace decentralized finance | Opinion
Stress tests of major banks have repeatedly failed to uncover serious issues that have led to billions of dollars in losses—decentralized finance changes all of this. дальше »
2024-5-19 14:12 | |
Indian securities regulator proposes multi-agency approach to regulate crypto
India’s Securities and Exchange Board of India (SEBI) wants cryptocurrency oversight to be distributed, proposing a multi-agency approach. Official documents disclosed by Reuters reveal that SEBI recommended that different regulators should work in unison to oversee the cryptocurrency sector in… дальше »
2024-5-18 14:24 | |
Binance and Taiwan regulators curb $6.2m money laundering ring
Binance has collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to crack down on a $6.2 million money laundering scheme. According to the official release, the massive operation valued at nearly NT$200 million was… дальше »
2024-5-18 11:22 | |
India’s securities watchdog calls for crypto regulation; Turkey moves toward licensing model
Turkey and India advanced crypto policies on May 16 that could create a framework for businesses and investors operating in each country. Reuters reported that the Securities and Exchange Board of India (SEBI) wants multiple regulators to oversee crypto trading in the country. дальше »
2024-5-17 03:09 | |
India's Market Regulator Suggests Shared Crypto Oversight Even as RBI Seeks Stablecoin Ban: Reuters
The Securities and Exchange Board of India submitted a recommendation that several regulators should oversee trade in cryptocurrencies, Reuters reported citing documents. дальше »
2024-5-19 14:17 | |
SOL Price Breaks Crucial $150 Level Amid Robinhood’s Solana Staking Debut In Europe
Robinhood Crypto has announced the introduction of a Solana-staking product in Europe, accompanied by a bonus program for new customers. This development comes as the company faces increased tensions with US regulators, which could potentially lead to legal repercussions. дальше »
2024-5-16 00:00 | |
From Tulip Mania to crypto ETFs: a journey through herd mentality
How does the psychology of herd mentality influence regulators’ decisions on crypto, and what does it mean for the market’s future? In January 2024, the U.S. Securities and Exchange Commission (SEC) made a landmark decision, approving the first-ever spot Bitcoin… дальше »
2024-5-15 12:01 | |
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations. дальше »
2024-5-9 19:10 | |
Binance CEO Denounces Nigerian Officials For Alleged Secret Crypto Settlement Proposal
Binance CEO Richard Teng recently denounced the Nigerian authorities’ abuse of power and mistreatment of the crypto exchange executives, including still-detained Tigran Gambaryan. Teng considers it’s time to highlight the implications of the saga between the crypto exchange and the Nigerian regulators on behalf of the business community. дальше »
2024-5-9 06:00 | |
SEC Chief Gary Gensler Misled Congress On Ethereum, Says Crypto-Friendly Rep. Patrick McHenry
Rep. Patrick McHenry, a staunch advocate for the crypto industry, joined the escalating warfare between U. S. financial regulators and the cryptocurrency sector on April 30, accusing Securities and Exchange Commission (SEC) Chairman Gary Gensler of having “knowingly misled Congress” on the commission’s position on Ethereum. дальше »
2024-5-6 23:47 | |
South Korea to introduce crypto crime investigation unit
South Korean regulators are proactively addressing the rise in crypto crimes by considering establishing a permanent investigative unit. дальше »
2024-4-29 16:48 | |
Justin Sun predicts SEC rejection of Ethereum ETF in May, citing need for crypto education
Tron blockchain founder Justin Sun says the US Securities and Exchange Commission (SEC) would not approve an Ethereum exchange-traded fund (ETF) in May. In an April 28 post on X (formerly Twitter), Sun noted that the crypto industry still needs to prepare for a long-term education with regulators, especially in helping them understand how the […] The post Justin Sun predicts SEC rejection of Ethereum ETF in May, citing need for crypto education appeared first on CryptoSlate. дальше »
2024-4-29 11:56 | |
Here’s How EU Nations Are Preparing to Enforce MiCA
With MiCA stablecoin rules taking effect in June, CoinDesk reached out to regulators in all 27 EU member states to show where countries are at with implementation. дальше »
2024-4-29 09:00 | |
RFK Jr.’s blockchain idea, Ethereum ETF approval in question, Bitcoin’s unlikely bull run | Weekly Recap
RFK Jr. is hyping up blockchain technology; Bitcoin's bull run — post halving — appears doubtful; and regulators are expected to deny spot Ethereum ETF approval. Here's our weekly recap. дальше »
2024-4-28 20:29 | |
Uniswap and Chainlink Advocates Focus on Raffle Coin Presale, Forecasting 50X Returns
Since the inception of the crypto-asset industry, conventional finance bodies and regulators have teamed up to drag crypto players into potholes of concerns. A robust lawsuit against Uniswap from the US regulator, the Securities and Exchange Commission, has hurt its market, sparking a shift toward Raffle Coin. дальше »
2024-4-28 20:00 | |
SEC seeks $5.3b in penalty from Terraform Labs and co-founder Do Kwon
Regulators in the United States are seeking $5.3 billion in fines from Terraform Labs and its co-founder, Do Kwon, following a verdict in its civil case. According to an April 19 filing with the U.S. District Court for the Southern… дальше »
2024-4-24 13:08 | |
Crypto .com postpones expansion plans for South Korea, talks with regulators
The Singapore-based exchange is postponing its expansion plans for South Korea, citing the need to communicate with regulators. The post Crypto .com postpones expansion plans for South Korea, talks with regulators appeared first on Crypto Briefing. дальше »
2024-4-24 17:36 | |
UNI's road to $10 - Cashing in on this buy signal could be key
Analyst claimed UNI's rally might stretch for another 2-3 days, possibly reaching $10 Uptick came as a relief for the token after its battle with regulators Decentralized finance (DeFi) tokeThe post UNI's road to $10 - Cashing in on this buy signal could be key appeared first on AMBCrypto. дальше »
2024-4-20 09:00 | |
Chainalysis proposes $10 million Polkadot partnership to provide analytics solutions
Chanalysis submitted a Polkadot governance proposal on April 18 that could lead to a $10 million partnership. The services provided by Chainalysis will include monitoring and tracing the DOT token activities on the Relay Chain, ensuring visibility of any potentially risky on-chain actions to regulators and institutional entities. дальше »
2024-4-20 02:17 | |
US Regulators Seek Jurisdiction to Prosecute Justin Sun
The SEC has amended its lawsuit to assert jurisdiction over Justin Sun, citing his extensive US travels and business dealings. The post US Regulators Seek Jurisdiction to Prosecute Justin Sun appeared first on BeInCrypto. дальше »
2024-4-20 21:00 | |
Token2049: Binance COO says US monitoring deal poses challenges
Binance COO Noah Perlman says monitoring agreement with U. S. regulators is now posing challenges for the exchange despite viewing the deal as an opportunity for improvement. Binance‘s plea agreement with the U. дальше »
2024-4-19 13:35 | |
Hong Kong – Spot Bitcoin ETFs Approved
Hong Kong regulators have approved spot Bitcoin exchange-traded funds - with analysts predicting inflows of up to $500 million. дальше »
2024-4-19 15:00 | |
Norway regulators clamp down on crypto mining via new law
Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially… дальше »
2024-4-17 13:18 | |
Iran-Israel conflict brings bear market, SEC to sue Uniswap, Bankman-Fried plans appeal | Weekly Recap
The Iran-Israel conflict contributed to a crypto collapse. And last week, regulators sent a Wells Notice to Uniswap. And SBF wants to appeal his sentencing. Here's our weekly recap. дальше »
2024-4-15 23:40 | |
Coinbase, XRP, Uniswap v. SEC - How exchange's motion is 'critical' to crypto
Coinbase's legal battle with the SEC highlights tension between crypto platforms and regulators Disagreement over "investment contracts" shapes crypto transaction rules In the wake of the crThe post Coinbase, XRP, Uniswap v. дальше »
2024-4-14 22:00 | |