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Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products

17.5.2022
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto...

Stablecoin supplies and cash reserves in question amid crypto exodus

17.5.2022
The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week

Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser

17.5.2022
Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other Dapps on Ethereum through the Coinbase app

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions

17.5.2022
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank. 9,219 Bank Accounts Blocked Iran’s Ministry...

Breaking Barriers to the Web 3 Creator Economy

17.5.2022
The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy

Portugal to lose crypto tax haven status as state announces gains duties

17.5.2022
The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender

How Not to Run a Cryptocurrency Exchange

17.5.2022
At Japan’s Liquid exchange, recently acquired by FTX, warnings were ignored, breaches unreported and employees berated and cursed at, insiders say

Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities

17.5.2022
Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t think bitcoin is going to take over as an alternative form of money.”...

South Korean Banks Earned USD 31M in Crypto Transaction Fees Last Year

17.5.2022
Three South Korean banks earned USD 31.2m from their crypto exchange partnership deals in 2021, new data has revealed – suggesting that partnering with trading platforms could be paying off for the often-cautious domestic banking sector.... Read More: South Korean Banks Earned USD 31M in Crypto...