Search
India Emerges as Global Crypto Powerhouse Despite Regulatory Hurdles
17.10.2024
India has claimed the top spot in global cryptocurrency adoption, outpacing traditional crypto hubs and defying its own…
Bitcoin retraces to $59K amid altcoins stagnant with ‘regulatory hurdles’
10.10.2024
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles."
Binance Research Report: Blockchain Could Transform Cross-Border Transactions
30.8.2024
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a...
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
9.8.2024
Despite capturing just 0.3% of retail bank assets, Hong Kong's virtual banks are exploring opportunities in the Web3 space
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...
OKX Ceases Operations in India, Citing Regulatory Hurdles
21.3.2024
OKX has emailed its users in India to inform them that it will discontinue its services there, urging them to withdraw their funds by the end of April.
The post OKX Ceases Operations in India, Citing Regulatory Hurdles appeared first on Cryptonews
Japan Unlocks Opportunities for Domestic Venture Capitalists to Invest in Web3 Startups
19.2.2024
Japan unlocks new opportunities for domestic venture capitalists to invest in Web3 startups. The move clears regulatory hurdles that previously forced Web3 companies to look overseas for funding. This shift is expected to stimulate innovation and drive Japan's position in the Web3 sector.
The post...
Web3 in Africa: Regulatory Challenges Impede Potential Transformation
15.1.2024
As Africa‘s Web3 landscape gains momentum, it faces significant regulatory hurdles that threaten to stifle its transformative potential. Jathin Jagannath, a developer advocate for Cartesi, a Web3 rollup protocol, has pinpointed regulatory uncertainties as a major obstacle in Africa’s...
GameStop Retreats from Crypto Space, Shuts Down NFT Marketplace Amid Regulatory Hurdles
14.1.2024
Source: AdobeStock / JHVEPhoto GameStop has decided to shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space. The announcement, made via a statement on the platform, cites “the continuing regulatory uncertainty of the crypto space” as the primary reason...
Mass Approvals: SEC Green-Lights 11 Spot Bitcoin ETFs
10.1.2024
The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. In a historic move after years of anticipation and regulatory hurdles, the approved spot bitcoin ETFs are expected to start trading Thursday...
Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions
8.11.2023
Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, suitability as a payment method, environmental impact, competition...
Interview with Shane Rodgers: Navigating the Future of Crypto Markets amidst Regulatory Hurdles and Altcoin Saturation
25.10.2023
Since Bitcoin's inception in 2008, the cryptocurrency industry has witnessed an astronomical rise, transforming the very fabric of the financial landscape. However, this explosive growth has not come without its hurdles.
From the pioneering days of Bitcoin to the plethora of altcoins saturating...
Bitcoin Price Prediction: BTC Rises 4% Despite US Wallet Ban & O'Leary's Remarks on Regulatory Hurdles
4.10.2023
On Wednesday, Bitcoin faced a modest decline of nearly 0.50%, with its trading price settling at $27,412. However, this slight dip belies the cryptocurrency's resilient performance over the past week, witnessing an impressive surge of nearly 4%. ...
Read More: Bitcoin Price Prediction: BTC Rises...
Kevin O’Leary Warns of Crypto Innovation Fleeing US Due to Regulatory Hurdles
4.10.2023
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has expressed concerns that regulatory obstacles will drive crypto innovation away from the U.S. His comments followed a congressional hearing where Congress members grilled U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler...
Worldcoin Faces Global Regulatory Hurdles Amid Expansion
24.8.2023
Recent developments around Worldcoin have reignited discussions on data privacy and the ethical implications of personal identification. The project's audacious goal to grant everyone on Earth a biometrically verified digital ID has captured attention globally—and not always in a good way.
With...
From Crypto Custodian to Court: Prime Trust Files for Bankruptcy Protection
15.8.2023
In the wake of financial upheavals and regulatory hurdles, Prime Trust, a digital currency custodian, has formally sought Chapter 11 bankruptcy protection. This move closely follows the appointment of John Guedry as the company’s overseer, bolstered by a designated committee to steer...
Binance's Regulatory Hurdles Open Path for Potential CZ Successor
5.6.2023
Binance's recent regulatory hurdles have opened up the path for a potential successor to Changpeng "CZ" Zhao, co-founder and current CEO of the platform.
Among the frontrunners for the position is Richard Teng, a civil servant-turned-crypto executive who was recently appointed as head of...
Huobi HK Offers Spot Trading and Custodial Solutions in Hong Kong Following Licensing Regime Implementation
29.5.2023
On May 29, Huobi HK announced its expansion of services after Hong Kong implemented its new crypto exchange license system. The platform now provides spot and custodial services to both retail and institutional customers in Hong Kong. Huobi’s update comes shortly after Huobi Global faced regulatory...
JPMorgan Pursues Tokenization Plans Despite Crypto Downturn and Regulatory Hurdles
28.4.2023
Major Wall Street investment bank JPMorgan is moving forward with its push to tokenize traditional financial assets despite last year’s market downturn.
According to Tyrone Lobban, the head of JPMorgan’s digital asset and tokenization platform Onyx, the bank has already processed close to $700...
South Korea’s sweeping crypto bill passes first regulatory hurdles
26.4.2023
Legislators in South Korea passed a first phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations