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Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding Platforms
1.5.2022
The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were first issued in 2017. Segregation of Client Money From Platform Operators The Central Bank...
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K
30.4.2022
Short-term analysis sets a $2,400 price target for ETH, but data shows smart money continues to accumulate in anticipation of the Merge
Attackers Steal $80 Million From Rari Capital’s Fuse Platform, Fei Protocol Suffers From Exploit
30.4.2022
According to a report from the blockchain company Blocsec, Rari Capital’s Fuse platform has lost roughly $80 million from a “reentrancy vulnerability.” On Saturday, Fei Protocol’s official Twitter account confirmed it lost funds from the Rari Fuse platform exploit....
Former Google CEO Eric Schmidt Starts Investing in Cryptocurrency — Finds Web3 Economics ‘Interesting’
30.4.2022
Eric Schmidt, a former Google CEO whose net worth is $22.8 billion, reveals that he has put “a little bit” of money into cryptocurrency. He added that he finds Web3’s economics “interesting,” noting that the platforms and the use patterns are interesting....
Tech Start-up ‘Picture This’ Drops First Photography NFT With Renowned Photographer Christian Houge
30.4.2022
On April 29, photography-focused tech start-up Picture This is finally launching the ‘Polar Bear’ NFT, which raises awareness and money towards climate change and the impact humans have on our planet. Digital artworks have seen a booming rise in sales and popularity since the start...
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
29.4.2022
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for...
How to Send Money to the Wrong Side of the War
25.4.2022
A Russian emigre is teaching friends and family how to use crypto amid economic sanction
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine
25.4.2022
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army...
Digital Peso to Be Launched in Three Years According to Governor of Banxico
23.4.2022
Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the...
Ukraine bans Bitcoin purchases with local currency amid martial law
22.4.2022
Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300
OCC issues order against Anchorage Digital over AML compliance
22.4.2022
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks
AVACurrency.com to Offer Cloud Mining Machines to Make Money
21.4.2022
A global open virtual currency decentralized finance (DeFi) investment, AVACurrency.com is a leading blockchain investment brand in the industry with around 5 mln mining machines and investors around the globe. It operates with a legal license in finances with a team of experienced financial...
AUSTRAC releases 2 new guides to help spot illicit crypto use
21.4.2022
AUSTRAC also urged financial institutions from debanking clients who may be engaged in suspicious account activity, as a mistake could be costly to “Australia’s economy.”
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin
20.4.2022
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta...
Binance.US awarded money transmitter license in Puerto Rico
20.4.2022
The new license from Puorto Rico further strengthens Binance CEO Changpeng Zhao's vision to be licensed everywhere
Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu
20.4.2022
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.”...
EU Crypto Firms Protest ‘Alarming’ Anti-Money Laundering Laws
19.4.2022
European industry is joining forces as it seeks to limit the impact of new proposals to cut the privacy of online payments and regulate stablecoins
Indian minister wants global crypto rules to curtail money laundering risk
19.4.2022
India is yet to finalize a crypto regulatory framework despite assurances of a speedy draft law over the past few years
Are You Losing Money in the Crypto Market? A 20-Year Trader Expresses His Thoughts on Profitability
19.4.2022
With the impact of the recent international events, what has been continuously staged on leading stock platforms is the notable “stock market crash’’. It is believed that there may be a small bubble behind an upcoming boom. The stock market has been gloomy, which has made several investors turn...
What are wash trading and money laundering in NFTs?
18.4.2022
The simultaneous purchase and sale of crypto assets is called wash trading. Read this guide to understand the purpose of a wash trade