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Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing
28.4.2022
Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance...
Morgan Stanley Says Over 100 Crypto Assets Were Created in the Past Week, Mainly on DeFi Exchanges
28.4.2022
Despite a fall in crypto prices, the creation of new digital assets is still high, the bank’s analysts said
Bank of Russia Seeks to Allow Stock Exchanges to Trade Digital Assets
28.4.2022
The Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment. Russian Stock Exchanges to List...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
28.4.2022
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies...
Report: Cambodia Reaffirms Stance Against Unsanctioned Crypto-Related Activities
28.4.2022
Cambodian authorities have reportedly said that no cryptocurrency company has been issued a business license yet, and that conducting cryptocurrency-related activities in the country is still illegal. Fintech Industry Growing Rapidly The Cambodian government has not greenlighted the issuing or...
New York Mayor urges state to abandon ‘stifling' BitLicense scheme
28.4.2022
“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement
Goldman Sachs Says It Is Exploring the Tokenization of Real Assets
28.4.2022
Goldman Sachs said it was looking into the tokenization of real world assets as NFTs in the context of financial instruments
Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability
27.4.2022
The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind...
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
27.4.2022
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local...
Biggest Movers: GRT up 15%, While ZEC Rallies Following Recent Losses
26.4.2022
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains. The Graph (GRT) GRT was easily one of the biggest gainers...
Report: Afghans Use Crypto to Curb Taliban’s Influence on Their Financial Well-Being
26.4.2022
Afghan residents are reportedly acquiring digital assets that they use to preserve their savings and to diminish the ruling Taliban’s ability to affect their financial well-being. Since the militant group seized control, the value of crypto transactions per week has in some cases doubled,...
Meme Token Economy Jumps Close to 10% Higher After Dogecoin Spike Fuels the Pack
26.4.2022
The top meme tokens by market capitalization saw a significant jump on Monday after being fueled by dogecoin’s recent price rise. Crypto meme coins like shiba inu, dogelon mars, and floki inu saw 2-13% gains over the last 24 hours. The entire meme token economy is worth $35.8 billion,...
GoCrypto Celebrates as Ljubljana Ranked Most Crypto-Friendly City in Europe
24.4.2022
The adoption of crypto assets among individuals and businesses has been rapidly spreading over the last few years. It is no longer uncommon to treat yourself to a delicious meal or buy yourself a new pair of sneakers and pay for it in crypto. The blockchain-based payment technology has come...
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Polygon Reveals Supernets Project to Bolster Web3 Adoption, Pledges $100 Million to Early Users
23.4.2022
On April 22, the layer two (L2) scaling network Polygon introduced the new Supernets network, a blockchain protocol that’s built to bolster Web3 technology. Furthermore, Polygon is pledging $100 million to early Supernet users “who can help fast-track adoption.”...
While Apecoin Reaches New Price Highs, Data Shows Top 100 APE Holders Control 52% of the Supply
23.4.2022
During the last two weeks, statistics show the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), apecoin (APE), has climbed more than 50% against the U.S. dollar. A few days ago, apecoin tapped an all-time high at $17.30 per unit and the crypto asset is now the 32nd largest...
Fidelity Launches Multi-Level Learning Center in Metaverse
23.4.2022
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design...
Payments Giant Stripe Rolls Out Pilot to Test Crypto Payouts With Twitter
22.4.2022
On April 22, the payments giant Stripe announced that it is expanding global payouts with crypto assets via a new pilot. Stripe’s crypto executive Karan Sharma revealed crypto payouts for the firm’s Connect service to a select group of Twitter users as the social media platform...
National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia
22.4.2022
The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens...
IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...