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Crypto Firms Flock to Dubai for Regulatory Clarity as UAE Cleans Its ‘Grey’ Reputation
5.6.2022
If you’re in the crypto industry, it seems that Dubai is the place to be right now. Not only is the most populated city in the UAE and one of the world’s biggest tourist hotspots, but it has recently seen an influx of crypto firms looking to establish a regional (or global) base, including...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues
3.6.2022
Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets
Coinbase Announces Cost-Cutting Measures as Crypto Firms Face Bear Market
2.6.2022
Coinbase announced the move on its blog following an announcement of layoffs at fellow exchange Gemini earlier today
Major crypto firms reportedly cut up to 10% of staff amid bear market
2.6.2022
Previous crypto bear markets triggered much bigger layoffs, with some firms like ConsenSys reportedly firing up to 60% of its workforce in 2018
Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’
24.5.2022
Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.” New Crypto Scam Reporting Platform Launched...
EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns
10.5.2022
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as the landmark crypto legislation reaches its final stages
In Estonia, the Party’s Over for 'Hippie' Crypto Firms
5.5.2022
New laws could see the country’s crypto community slashed by 90%
Belgian Registration for New Crypto Firms Kicks In on Sunday
29.4.2022
Existing wallet providers have until June 1 to notify under the anti-money laundering law
NYDFS calls for crypto firms to use blockchain analytics
28.4.2022
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions
A Year After Coinbase's Public Debut, Most Listed Crypto Firms Are Underwater Compared With Bitcoin's Performance; BTC Retreats From $42K
22.4.2022
More Big-hitting South Korean Non-crypto Firms Eyeing Token Launches
20.4.2022
Yet more big-hitting South Korean companies from outside the crypto sector are beginning to branch out into crypto-related business – with the e-commerce giant TMon and the KOSDAQ-listed hotel chain Ananti making moves on the token issuance front....
Read More: More Big-hitting South Korean...
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
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
19.4.2022
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S....
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
19.4.2022
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry
Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations
16.4.2022
Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded...
Regulating crypto firms: 'It's important that policymakers are involved,' says Web3 Foundation COO
13.4.2022
According to Bertrand Perez, some lawmakers are still making decisions “too fast or without having education” on crypto, but Libra may given them a push to develop a framework
UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration
11.4.2022
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to register with the FCA was last week but these five firms’ applications are still...
Ending & Starting Bitcoin Bear Market, Spreading Crypto Firms, Scamming Scammy Scammers and 20 Crypto Jokes
9.4.2022
Read More: Ending & Starting Bitcoin Bear Market, Spreading Crypto Firms, Scamming Scammy Scammers and 20 Crypto Jokes
Number of UK crypto firms operating under FCA temporary registration status drops
8.4.2022
The Financial Conduct Authority named CEX.IO, Revolut, Copper, Globalblock, and Moneybrain as companies in the crypto space temporarily allowed to operate in the United Kingdom