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Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules
5.1.2021
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said
Andreessen Horowitz joins push against FinCEN's 11th-hour crypto rules
5.1.2021
The venture capital firm has taken issue with U.S. regulators latest move against crypto
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
5.1.2021
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From...
Colombian Financial Watchdog Says Local Firms Can Use Capital to Buy Bitcoin
5.1.2021
The Superintendency of Corporations in Colombia has explained in an official note that companies in the country are legally allowed to buy cryptocurrencies, specifically bitcoin (BTC), to inject capital as long as they abide by local regulations. Colombian Watchdog: Local Firms Can Use Capital...
Jack Dorsey warns that FinCEN regulations will drive crypto users offshore
5.1.2021
Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation
No Need for South Korean Lawmakers to Declare Crypto after Bill Fails
5.1.2021
South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so.
Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property...
Crypto Markets Jump on OCC Approval for Banks to Use Blockchains
5.1.2021
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains
Binance hits record high of $80B in daily volume as crypto markets surge
5.1.2021
Binance has reported a new record of more than $80 billion in daily volume across its spot and derivatives platforms
Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year
5.1.2021
Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in remittances in 2020, up from just under $1 million the previous year. Founder and chief executive officer Atsu Davoh said that deposits accounted for $18.87 million of the total...
With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal
5.1.2021
It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny
UK Judge Rejects US Extradition Requests for Julian Assange, Wikileaks Holds $800K in Crypto
4.1.2021
On Monday, a British judge rejected the U.S. request to extradite the Australian editor, publisher, and activist Julian Assange. Following the U.K. judge’s decision, the current president of Mexico, Andres Manuel Lopez Obrador, has offered Assange political asylum in the country. Meanwhile...
Crypto-friendly app cautions users to 'reassess' XRP holdings
4.1.2021
Revolut warned users that their XRP funds could be stuck "in a worst-case scenario."
Crypto Listing and Delisting Announcements: Week 1
4.1.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know...
Litecoin briefly flips XRP as 4th largest crypto amid Ripple–SEC spat
4.1.2021
XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap
What lies ahead for crypto and blockchain in 2021? Experts answer
4.1.2021
Here's what industry leaders foresee in the development of the blockchain technology and crypto space in 2021
Crypto users donate $400K to Julian Assange defense as Mexico proposes asylum
4.1.2021
A U.K. judge ruled against extraditing the WikiLeaks founder to the U.S. in response to his legal team arguing he would have a "high risk of serious depression leading to suicide."
Economics Professor Tyler Cowen Says Cryptos Useful as Hedges or Forms of Payments – ‘Not Both’
4.1.2021
Tyler Cowen, an economist and professor at George Mason University, has suggested that the key use cases of cryptocurrencies are mutually exclusive. He argues that cryptos can either be important inflation hedging tools or useful forms of payment but not both. The Regulation Threat The professor...
We Don’t Need a New Regulator to Have Better Crypto Regulation
4.1.2021
Contrary to popular wisdom, the U.S.' distributed regulatory structure is good for digital assets in the long run
Bitwise’s Crypto Assets Under Management Rise Fivefold in Just 2 Months
4.1.2021
Bitwise, a provider of crypto index funds, said it has now surpassed $500 million in assets under management
Bitwise AUM surpasses $500 million as institutions flock to crypto
4.1.2021
The fund manager’s inflows suggest investors are seeking broad exposure to cryptocurrencies, including Bitcoin and Ethereum