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North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation
30.6.2023
The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. The bill appropriates $50,000 from the state’s general fund to study three areas, including “The process of acquiring, securely storing, insuring, and liquidating...
European Banks to Disclose Exposure to Crypto Assets
29.6.2023
Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...
“Sam Bankman-Fried really hurt the industry” — Anthony Scaramucci
29.6.2023
The politician and business magnate has his eyes set on Binance CEO CZ taking the reins of the future crypto industry
CME Group set to introduce ETH to BTC Ratio futures
29.6.2023
The scheduled launch date for these futures contracts is set for July 31, pending regulatory review
Steam Might Be Banning Games Made With AI Art
29.6.2023
Valve seems to be blocking video games created with AI-generated assets from being published on its online storefront Steam. A Reddit post from earlier this month, first noticed by GameDiscoverCo founder Simon Carless, includes a message from Valve explaining that it “cannot ship games for which...
Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process
29.6.2023
The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim
Bitcoin salary: Employees choose crypto paychecks amid economic instability
29.6.2023
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives
Golteum (GLTM) and Toncoin (TON) Are Cryptocurrencies Resisting Market Downtrend
29.6.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The crypto industry has been particularly volatile this year due to a number of issues, including failing projects and liquidity exits, which were made worse by the abrupt crash of FTX late last...
Slovakian parliament votes in approval of lower crypto taxes
29.6.2023
A parliamentary vote held by officials in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale
Crypto debanking could drive industry underground: Australia Treasury
29.6.2023
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams
Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US
29.6.2023
The suspected administrator of the Monopoly Market darknet marketplace has been extradited from Austria to face charges in the U.S. The man, a citizen of Serbia and Croatia who was arrested in Vienna last November, has been accused of facilitating $18 million in illegal drug transactions using...
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
29.6.2023
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue...
Israeli authorities seize crypto from terror organizations, credit new technology
28.6.2023
The Israeli Ministries of Defense and Justice and a number of intelligence and enforcement agencies collaborated, Chainalysis also pitched in
CFTC issues $54M default judgment against trader in crypto fraud scheme
28.6.2023
As a result of the judgment, the defendant is also now prohibited from engaging in any trading activities within markets regulated by the CFTC and is barred from registering with the regulatory body
$7.8B lost in crypto ponzi and pyramid schemes in 2022: Report
28.6.2023
Illicit activities related to crypto increased across the sector in 2022 despite an overall market downturn
MicroStrategy buys $347M worth of Bitcoin amid market thaw
28.6.2023
"DCA works," wrote Binance CEO in response to the purchase
Paxos and MercadoLibre partner up to bring USDP to Mexico
28.6.2023
The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users
Voyager to pay $1.1 million in legal fees incurred in April
28.6.2023
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services
KuCoin crypto exchange to introduce mandatory KYC in July
28.6.2023
KuCoin’s Know Your Customer checks will require new users to complete identity verification to access all services, while existing non-KYC users will not be able to deposit
Russians Turned to Tether During Wagner Revolt
27.6.2023
Russian citizens sought refuge in tether amid the brief mutiny of the Wagner mercenary group that shook their country. The ruble-denominated trading volume of the U.S. dollar-pegged stablecoin spiked during the short-lived rebellion, market data revealed. Russians Traded Millions of Dollars’...