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Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
21.10.2023
Tom Emmer has been "making calls" to secure a nomination for the Speaker role, and it could be a boon for the crypto sector if he were to be voted in
Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub
21.10.2023
U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under the pan-European Markets in Crypto Assets (MiCA) law....
Hong Kong’s SFC Moves to Update Crypto Market Regulations Following New Market Developments
21.10.2023
Hong Kong's Securities and Futures Commission (SFC) has announced plans to update its framework on cryptocurrency sales and requirements amid the evolving market development of the digital asset industry.
In the regulator’s upcoming amendment notice published on October 20, five major parts were...
Binance to Sunset Visa Crypto Card as 2023 Sees Decline in Digital Debit Cards
21.10.2023
Several reports have revealed that Binance, which is recognized as the leading crypto exchange by trading volume, intends to discontinue its Visa crypto card on December 20, 2023. The enterprise emphasized that only a “small number of Binance users” would be affected by this...
Ethereum Co-Founder, Consensys Sued By Early Employees Over Alleged Equity Promises
20.10.2023
More than two dozen early employees of the blockchain software company Consensys have filed a lawsuit against Ethereum co-founder Joseph Lubin, Consensys, and other parties. The plaintiffs allege Lubin broke contractual promises related to equity compensation made when the employees joined...
FinCEN issues alert regarding crypto transactions connected to Hamas
20.10.2023
The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups
Crypto Investors are Buzzing About This AI Crypto Platform – What's the Hype?
20.10.2023
Raising $1.92 million in its ongoing LPX token presale so far, Launchpad XYZ is attracting a varied pool of cryptocurrency investors by offering both utility and time-limited incentives. The presale's proceeds are slated for the development of a platform focused on diverse Web 3.0 applications...
Best Crypto to Buy Now October 20 – Stacks, eCash, Bitcoin Cash
20.10.2023
The SEC made a surprising decision on Thursday to pull back on its legal action against Ripple, affecting both CEO Brad Garlinghouse and co-founder Chris Larsen. This marks the third win in a row for Ripple in its legal battles.
This news coincided with a more than 7% rise in the price of XRP,...
FBI Charges Six in Connection with $30M Crypto Crime Ring
20.10.2023
The Federal Bureau of Investigation (FBI) filed charges on Wednesday against six individuals for allegedly running an unlicensed money-transmitting business involving $30 million in cryptocurrencies.
The information came to light through court documents filed in the Southern District of New York....
Biggest Crypto Gainers Today on DEXTools – COINRIG, BLOX, LOONG
20.10.2023
Optimism that the SEC will soon approve a spot Bitcoin ETF is growing and this is sending Bitcoin (BTC) and the broader crypto market higher on Friday.
Bitcoin was last trading in the mid-$29,000s, up over 3% in the last 24 hours and up nearly 11% in the last seven days, as per CoinGecko....
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How Economic Policy and Geopolitical Uncertainty Could Affect Crypto Markets
20.10.2023
Absent regulatory approval of spot Bitcoin ETFs, the leading cryptocurrency is likely to remain a speculative asset rather than a true safe-haven asset
Amid Rising Bitcoin ETF Hopes, Critics Warn of Vulnerability and Echoes of Precious Metal Manipulation
20.10.2023
In recent months, the buzz around a potential bitcoin exchange-traded fund (ETF) has surged, echoing in its climbing price. But the enthusiasm isn’t universal. Some fear a spot bitcoin ETF could make BTC vulnerable, much like the gold and silver markets. The approval might open doors...
SynFutures Decentralized Exchange Secures $22 Million Investment Led by Pantera Capital – Crypto Funding Making a Comeback?
20.10.2023
The decentralized derivatives exchange SynFutures has announced the closure of a Series B funding round that raked in $22 million.
The round was led by Pantera Capital, a significant player in the crypto investment space, and saw participation from SIG DT Investments, a subsidiary of...
US SEC Obtains Default Judgment Against David Chin and Thor Technologies for Offering Unregistered Securities
20.10.2023
The United States Securities and Exchange Commission (SEC) has secured a default judgment against Thor Technologies and its Chief Executive David Chin.
In an Oct 19 statement on its website, the SEC disclosed the current status of the case after it notched the judgment against the defendants...
Hong Kong securities regulator updates crypto policies, citing market developments
20.10.2023
The notice came more than a month after more than a thousand users reported losses from the JPEX crypto exchange
Biggest Movers: XRP Surges as SEC Drops Lawsuit Against Ripple’s Senior Management
20.10.2023
XRP was a big gainer on Friday, as markets reacted to the SEC’s decision to drop its lawsuit against Ripple’s management team. The commission previously alleged that CEO Brad Garlinghouse and chairman Chris Larsen had violated securities laws. Solana also surged, rising by over...
FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto
20.10.2023
The FBI has charged six people for allegedly operating an illegal $30 million money-transmitting business using cryptocurrencies
Unraveling the Dark Side of Crypto
20.10.2023
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
Crypto Shareholder Requirements Set Out by EU Banking Regulators
20.10.2023
Controls on staff bonuses at crypto exchanges and wallet providers are also planned as the bloc prepares for its landmark crypto law, MiCA