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US Senator-elect rails against potential crypto wallet ruling
18.12.2020
Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator
Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18
18.12.2020
The crypto industry is ending 2020 on a high note, while major social media platforms face a phalanx of lawmakers and lawsuits
Crypto is at 'a fork in the road,' OCC leader Brooks says
18.12.2020
Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency, said crypto regulation could either focus on safety for participants or could undo all progress
Five times crypto got weird in 2020
18.12.2020
Crypto is no stranger to weirdos, so here’s a few times the space got strange in 2020
Rumored US crypto wallet restrictions: A step toward financial exclusion
18.12.2020
Without proper crypto regulation, the U.S. government might create a massive roadblock to financial inclusivity
Spain Gets Bullish for Bitcoin as Hotel Booking Site Inks Crypto Pay Deal
18.12.2020
The hotel booking service provider Mirai has sealed a deal with Criptan, a Spanish crypto platform operator – a move that will see over 1,200 hotels in the country getting an option to accept payments in cryptoassets such as bitcoin (BTC).
In a blog post, the accommodations booking site announced...
CoinEx Celebrates Third Anniversary With Overall System and Product Upgrade
18.12.2020
PRESS RELEASE. CoinEx, a global and professional cryptocurrency exchange service provider, celebrates its third anniversary and announces that it has upgraded and optimized the underlying system as well as the front-end. After months of hard work by the R&D department, CoinEx has completed...
US Treasury to hire crypto policy officers to combat industry crimes
18.12.2020
FinCEN posted vacancies for two high-profile crypto positions in a bid to get expert professional advice on the crypto industry
Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison
18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...
Hong Kong Grants First License to Cryptocurrency Trading Platform
18.12.2020
Hong Kong now has its first regulated cryptocurrency trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities which will soon commence trading for several cryptocurrencies, including bitcoin. Hong Kong Gives Out First Crypto...
Major Exchanges Experience Technical Issues as Bitcoin Price Drives in Massive Traffic
18.12.2020
Bitcoin has finally broken the $20k resistance level. The record-breaking price caused massive traffic on a myriad of crypto exchange platforms like Binance and Coinbase. Bitcoin All-Time Price High Causes Issues on Binance For weeks now, many crypto enthusiasts have been hoping that the price...
SM Digital Holding and Wallex Prove That Bulgaria Is the Next Leading Hub for Fintech Companies
18.12.2020
Many fintech startups and established companies are now looking for a new home across Europe due to Brexit. Bulgaria is shaping up to be the top destination for many of them, including crypto, blockchain and licensed electronic money institutions, as proven by leading firms such as SM Digital...
Major Latin American University Launches Specialization Featuring Crypto-Related Topics
18.12.2020
One of the biggest and most laureate universities in Latin America approved the launch of a Financial Engineering specialization course, whose modules cover crypto and blockchain-related subjects, marking it a historic landmark across the region’s educational sector. Mexico’s Biggest...
Russian MPs Seek to Drive E-Pay and Crypto Further Apart with New Bill
18.12.2020
Russia’s parliament, the State Duma, is set to vote on a bill that could inadvertently clarify the difference between e-pay wallets and crypto wallets. The bill seeks to enable anonymous payments in digital transactions – providing they are made in fiat.
The measure was proposed by a group of...
Coinbase Files Paperwork With SEC to Launch Public Offering
18.12.2020
U.S. cryptocurrency exchange Coinbase had confidentially filed a draft registration for a public offering to the Securities and Exchange Commission (SEC). Coinbase Sent Draft Registration to the US SEC On December 17, 2020, the exchange made the announcement on its blog, stating that the firm...
Crypto regulation now more institution-friendly, METACO head explains
17.12.2020
Future crypto guidelines remain uncertain, however
Crypto lobby considers ideal Biden picks for SEC, CFTC, OCC
17.12.2020
With Janet Yellen the presumptive Treasury Secretary, Biden's potential nominations to the U.S. regulatory apparatus will be critical
New Law in Germany Embraces All-Electronic and Blockchain Crypto Securities
17.12.2020
The German government has passed new legislation to introduce all-electronic securities as part of the country’s wider blockchain strategy. According to the country’s finance ministry, the new law relaxes rules forcing issuers and holders of securities to document transactions with...
WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review
17.12.2020
The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system
One exchange is trying to make debt tokenization a thing in crypto
17.12.2020
Entities can receive U.S. dollars or Bitcoin by issuing debt bonds via this platform