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Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit
16.7.2023
Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically declared on Sunday that bolstering Ukraine represents “the single best thing we can do for the global economy.” Furthermore, Yellen expressed caution regarding the premature removal of trade constraints against China,...
Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder
16.7.2023
According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto, stablecoins, and digital currencies.” Furthermore,...
Senator Lummis urges clear crypto regulations after XRP ruling
16.7.2023
The outcome of this case could establish a precedent that shapes the regulatory landscape for various digital assets within the United States
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...
Coinbase pauses staking services in four US states following regulators' orders
15.7.2023
According to the U.S. crypto exchange, only regulators’ actions in California, New Jersey, South Carolina, and Wisconsin require the pause in staking additional assets
Could the Ripple Ruling Spell the End of Regulation by Enforcement?
14.7.2023
A long-awaited district judge’s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo
Indonesia's Financial Services Authority Appoints Hasan Fawzi as Head of Fintech and Crypto Oversight
14.7.2023
Indonesian financial services watchdog appointed Hasan Fawzi, a former Indonesia Stock Exchange executive, as the head of fintech and digital assets oversight and innovation.
Fawzi has served as the Director at Indonesia Bond Pricing Agency (IBPA) since 2008, which is a licensed securities...
XRP Ruling a ‘Landmark’ Judgment, Weakens SEC's Stance Against Crypto: Bernstein
14.7.2023
The court’s decision weakens the SEC’s stance that the securities law is clear and no separate clarity is required for digital assets, the report said
Moscow Says Russia and China Must Cooperate on CBDC Regulation
14.7.2023
The Russian and Chinese Central Bank must cooperate on CBDC regulation, the Russian Prosecutor-General has claimed.
The comments come just days after the State Duma voted in favor of a bill that will allow the Moscow-based bank to begin “real-world” testing on its digital ruble.
The Russian...
Circle CEO spells doom scenario for US dollar in warning to Congress
14.7.2023
Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar
Upbit Publishes Complete Korean Translation of EU’s MiCA Laws – Crypto Regulation Incoming?
14.7.2023
Upbit, South Korea’s biggest crypto exchange, has published a full, translated text of the EU’s MiCA crypto regulation laws, a suggestion that Europe’s new rules could be impacting other nations.
Officially known as the Markets in Crypto-Assets (MiCA), these regulations have already served as...
Ripple’s Chief Legal Officer Breaks Down Ruling in SEC Lawsuit — Says ‘As a Matter of Law, XRP Is Not a Security’
14.7.2023
Ripple Labs’ chief legal officer has broken down Thursday’s ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case. Emphasizing that the landmark ruling is “a huge win” for the crypto firm, he stressed that “as a matter of law – XRP...
Ripple Labs Ruling Throws U.S. Crypto-Token Regulation into Disarray
14.7.2023
The only thing this ruling guarantees is continued uncertainty in the cryptocurrency markets – uncertainty only Congress can correct, says Preston Byrne
Texas Blockchain Council director announces run for state house
13.7.2023
The director of Bitcoin mining analytics at the TBC said he was opposed to the Fed's exploration of a central bank digital currency and planned to push for “digital freedom”
UK bill on online safety should apply in the Metaverse, say lawmakers
13.7.2023
Several members of the House of Lords voiced concerns around children's online activities in legislation aimed at regulating “anything communicated by means of an internet service”
Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts
13.7.2023
XRP climbed as high as 64 cents at one point, its highest level since May
US Attorney's Office announces charges against former Celsius CEO Alex Mashinsky
13.7.2023
Authorities said they had reached a “non-prosecution agreement” with Celsius, but former CEO Alex Mashinsky will face criminal charges related to fraud and misleading users
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
Russian State Duma Passes Digital Ruble Law
13.7.2023
The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital currency, to organize a pilot test slated...
Europe's first spot Bitcoin ETF eyes 2023 debut after a year-long delay
13.7.2023
Jacob Asset Management got approval from the Guernsey financial regulator in October 2021 and was set to debut on Euronext Amsterdam Exchange in July last year