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Deutsche Börse’s Subsidiary Crypto Finance Gets BaFin License
13.2.2024
BaFin, Germany’s financial regulator, has issued four licenses to Crypto Finance, a firm operated by leading stock exchange Deutsche Börse. The key licenses will allow Crypto Finance to carry out regulated digital asset trading, settlement, and custody services in Germany. The Swiss Financial...
Blockchain Association Warns Warren’s Anti-Crypto Legislation Threatens US Jobs and Strategic Advantage
13.2.2024
The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren. The legislation, titled the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA), has garnered...
Nigeria Faces Pressure to Tighten Crypto Regulations for Financial Crime Prevention
12.2.2024
Nigeria faces calls to go further in its efforts to clarify crypto regulation after a blockchain firm successfully finished training its fifth cohort of crypto compliance specialists last weekend. Blockchain intelligence service provider A&D Forensics teaches a course on curbing financial...
Philippines Central Bank Eyes Bank-Mediated Non-Blockchain CBDC in Next Two Years
12.2.2024
Governor Eli Remolona of the Philippines Central Bank (BSP) has disclosed the central bank’s plans to introduce a wholesale central bank digital currency (CBDC) in the coming years. The Bangko Sentral ng Pilipinas (BSP) is optimistic about the ongoing growth of digital payment technologies...
78% of Institutional Traders Have No Interest In Crypto: JP Morgan
12.2.2024
New data shows that most global institutional traders have no interest in exposing holdings to digital assets although the number of pro-crypto firms has recorded a slight growth. A recent JP Morgan 2024 survey from over 4000 financial market participants shows creeping acceptance of Bitcoin...
Expert Calls for Full Cryptocurrency Regulation in Nigeria to Mitigate Digital Asset-Related Financial Crimes
12.2.2024
Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate banks to vet service providers before granting them account...
South Korea Plans to Block Unlicensed Crypto Exchanges
12.2.2024
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation...
New Zealand Central Bank Governor Issues Warning Against Stablecoins
12.2.2024
New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...
Russian Central Bank Says ‘Almost All Financial Scams Are Now Crypto-themed’
12.2.2024
The Russian Central Bank claimed “almost all” the financial scams it found last year had crypto-related elements. In an official release, the bank wrote that there had been a year-on-year rise of almost 16% in financial scams in 2023. In “almost” every case, the bank said it had detected a crypto...
Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct
9.2.2024
An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering...
Secured Finance Unveils Groundbreaking Multi-Chain Strategy to Empower DeFi Markets
9.2.2024
  In an era where decentralized finance (DeFi) is reshaping the financial landscape, Secured Finance emerges as a beacon of innovation with its latest multi-chain strategy. This move is not just a leap forward in on-chain fixed-income markets but a testament to the platform’s commitment...
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
9.2.2024
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking
Bitcoin Price Prediction: BTC Surges to $46,000 Amidst ETF Boom & Economic Warnings
9.2.2024
As Bitcoin trading around the $46,000 mark with a notable 3.50% surge on Friday, the cryptocurrency world braces for the impact of external financial narratives. Amidst this, MicroStrategy faces a recalibrated price target post-earnings call by BTIG, signaling shifting investor sentiments....
WeMade Crypto Blow as South Korean Regulators Probe Game Maker’s ‘Unregistered Sales’
9.2.2024
The South Korean game maker WeMade crypto project suffered a blow on February 8 as regulators launched a probe into suspected “unregistered” sales on WEMIX platforms. Maeil Kyungjae reported that the Financial Intelligence Unit (FIU), which reports to the Financial Services Commission,...
Crypto Enthusiasts and Investors Turn Their Attention to Rebel Satoshi Presale: What’s Driving the Interest?
8.2.2024
TLDR Rebel Satoshi ($RBLZ) is a brand-new memecoin project in the cryptocurrency space that is challenging paradigms and bringing a genuine financial decentralization philosophy to its vibrant community. The cornerstone of Rebel Satoshi‘s goal is $RBLZ, which rewards its Rebel community...
Bitcoin Price Prediction as BTC Becomes 10th Most Valuable Asset in the World – Can it Overtake Gold?
8.2.2024
Bitcoin Price Prediction As Bitcoin (BTC/USD) ascends to the 10th spot among the world’s most valuable assets, its current trajectory highlights a significant moment in the evolution of digital currencies. Trading at a noteworthy $45,500, Bitcoin has witnessed nearly 5% increase, underscoring...
Crypto for Advisors: Bitcoin as a Building Block for Portfolios
8.2.2024
A practical, unbiased, and proven approach could classify bitcoin as another building block in institutional investors' portfolios
Hong Kong Seeks Input on OTC Crypto Trading Rules
8.2.2024
Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain...
Hydro Crypto Token Price Manipulation Convict Gets Jail Term
8.2.2024
A Florida federal jury convicted Hydrogen Technology Corp’s former head of financial engineering over crypto price manipulation conspiracy. The convict, Shane Hampton, allegedly orchestrated a months-long scheme to manipulate the price of Hydrogen Tech’s native crypto token – Hydro. The beleaguered...
SocialFi Project Friendzone to Debut on Polygon Blockchain
8.2.2024
Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional social media with the financial rewards of Web3 to build online communities....