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Hard-Wallet Maker Ledger, Crypto Custodian Etana Target Institutions With Regulated Custody
19.4.2023
The companies are looking to make it easier for institutions to hold digital assets and bolster investor confidence in the market
Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor
14.4.2023
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as money. Bailey also described crypto as a “highly speculative investment” with no intrinsic...
HashKey Group to Debut Regulated Exchange in Second Quarter
14.4.2023
The exchange will be open to professional investors and the company is preparing to welcome retail users in "coming months."
Stablecoins Need to Be Regulated Like Commercial Bank Money, Bank of England's Andrew Bailey Says
12.4.2023
The central bank governor also said regulators can't rule out central bank digital currencies
Crypto Exchanges Must Share User Data With Russia, Prosecutor General Demands
9.4.2023
Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter money laundering, the official added....
WonderFi merges with Coinsquare and CoinSmart to form regulated crypto asset platform
3.4.2023
The newly merged cryptocurrency trading platform has a total of 1.65 million registered users
Blockchain and regulated stablecoins to be widely used by 2030, industry execs say
30.3.2023
Digital regulatory professionals have predicted the wide use of stablecoins throughout the world by the year 2030, despite the current competition between TradFi and DeFi
Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year
16.3.2023
Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the following year. Volume of Digital Assets Increases...
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
11.3.2023
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The CFTC chief stressed that the derivatives watchdog would not have allowed ether futures products...
Pakistan Banks to Use Blockchain Technology for KYC
6.3.2023
Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and self-regulated...
Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading
1.3.2023
Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset...
Casino Bull: Let The Fun & Games Begin in 2023 (Sign Up Now)
20.2.2023
The Gambling Lovers always had a passion for gambling, so they decided to start Casino Bull with the intention of creating the best online casino. Casino Bull is owned and operated by Lambo N.V. and is fully licensed and regulated … Continued
The post Casino Bull: Let The Fun & Games...
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
14.2.2023
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
3.2.2023
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will...
Chinese Economist Urges Government to Reconsider Crypto Ban — Warns of Missed Tech Opportunities
2.2.2023
An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could result in missed opportunities that are “very valuable” to regulated financial...
UK Crypto Exchange Archax Launches FCA-Regulated Custody Service
31.1.2023
Fasttoken, Official Crypto of Fastex, to Launch to the Public on January 18
16.1.2023
Developed by technology giant SoftConstruct, Fasttoken (FTN) is the official cryptocurrency in the Fastex ecosystem and the native token of the Fastex Chain. Aside from passing two audits by independent third-party auditors, Fastex is a regulated virtual currency exchange and virtual currency...
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...
China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils
29.12.2022
A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such...
China plans to launch a regulated NFT marketplace
29.12.2022
China has announced its plans to launch the first regulated NFT marketplace in the country. The tentative date for the marketplace launch is January 01, 2023. It will allow users to trade digital items and copyrights related to them. Experts in the country have welcomed the move with a hint that...