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Despites, Split Opinions, Many Regulations and 20 Crypto Jokes
26.9.2020
This crypto week saw bitcoin mining difficulty jump to an all-time high, and despite its realized capitalization soaring, experts are divided on what the near-term outlook for bitcoin price is. Meanwhile, despite Uniswap climbing to become the largest DeFi protocol by TVL, its UNI crashed in...
Blockchain industry raises concern over EC’s proposed crypto regulations
25.9.2020
Backed by players like Ripple and ConsenSys, the INATBA association responds to the EC’s legislative proposals on crypto
A New Bill Proposes to Put US Crypto Exchanges Under a National Framework
24.9.2020
The Digital Commodity Exchange Act would bring crypto exchanges into a single federal framework, overseen by the Commodity Futures Trading Commission
EU Goes for Crypto Regulations Slam Dunk
24.9.2020
Valdis Dombrovskis (on the left), Executive Vice-President for an Economy that works for People at the European Commission. Source: a screenshot, Instagram/vdombrovskis
The EU has set out plans to regulate cryptoassets, including provisions for stablecoins – with crypto exchanges active in...
Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool
24.9.2020
Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other...
Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations
19.9.2020
The Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17,...
FinCEN announces sweeping money laundering regulations overhaul
17.9.2020
FinCEN is preparing to modernize its AML requirements for financial institutions to greater respond to the dynamic threats posed by “illicit finance.”
Leaked EU Draft Proposes All-Encompassing Laws for Crypto Assets
16.9.2020
The European Commission may be proposing an all-encompassing set of regulations covering the trading of digital assets across the 27-nation bloc
Regulatory risks grow for DeFi as a 'money laundering haven'
16.9.2020
DeFi could fall under regulatory pressure if it is seen as a haven for money laundering
Paxful, Citing Regulations and Its Own ‘Risk Tolerance,’ Exits Venezuela’s P2P Bitcoin Market
14.9.2020
The exit deprives Venezuela's crypto scene of its second-largest P2P exchange
CEX.IO Cryptoexchange Makes CryptoCompare Top 10
8.9.2020
The international cryptocurrency exchange CEX.IO made it into the CryptoCompare top 10 July 2020 report, with an overall A grade. The CryptoCompare Exchange Benchmark rating evaluates over 165 exchanges around the world on aspects like adherence to regulations, platform security, liquidity, asset...
Bank of England Governor Wants Global Regulations as Stablecoins Pick Up Steam
3.9.2020
Bank of England governor Andrew Bailey wants coordinated global regulation around stablecoins as the payment method picks up steam
How OSL Became the First Crypto Exchange to Win Over Hong Kong Regulators
27.8.2020
Crypto hubs like Hong Kong, Singapore and Japan have a clearer regulatory picture going forward and are progressing faster than the U.S. and Europe
Brazilian Lawmaker Proposes Crypto Regulations for a Country Devoid of Any
25.8.2020
Brazil's crypto scene has been unbanked, unregulated and awash in legal uncertain for its entire history
Stiffened Regulations, Naira Devaluation Pushing Nigerians to Crypto
19.8.2020
Around the world, the acceptance and utilization of blockchain technology and its underlying cryptocurrencies has become more imperative. With the surge in the number of bitcoin (BTC) and altcoins users, it could be presumed that people are now more aware of the possibility of attaining financial...
Indian Crypto Exchange WazirX to Enter DeFi Amid Uncertain Regulations
15.8.2020
Indian crypto exchange WazirX plans to attract current users and institutional investors with its market maker protocol
BitMEX to Mandate ID Verification for All Traders as Maverick Exchange Ends Wild Ways
14.8.2020
The change comes with a six-month “grace period” ending in February
New Kenyan Digital Tax to Affect Crypto Platforms
8.8.2020
Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...
Why Ukraine Is Ripe for Cryptocurrency Adoption
5.8.2020
A relatively unstable state – with a technically sophisticated population – creates a fertile ground for crypto adoption
Is Bitcoin Mining Legal in India? Miners Still Don’t Know
28.7.2020
Following a recent Supreme Court decision, India's crypto industry is optimistic about the future. But miners still don't know if what they do is illegal