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Maker of Oreo and Cadbury Chocolates Joins Hedera Council to Accelerate Blockchain Adoption
14.2.2024
On February 14 the company behind Oreo and Cadbury Chocolate, Mondelēz International, announced that it’s joining the Hedera Council, the entity that governs the Hedera Network, “a sustainable public ledger for the decentralized economy.” This partnership, along with the 30 other...
Japan’s Financial Services Agency Grants Limited Rights to DAO Member Tokens, Easing Regulations
7.2.2024
Japan‘s Financial Services Agency (FSA) aimed to facilitate the development of decentralized autonomous organizations (DAOs) and clarify the legal framework surrounding them. The FSA has proposed a new amendment to the definition of Article 2 of the Financial Instruments and Exchange Act in...
Blockchain Can Help Advance Healthcare Data Management Solutions
3.2.2024
Advanced data management solutions within the healthcare sector are becoming increasingly important as organizations realize the need to manage, govern, exchange, and analyze both internal and external datasets. In addition, providing adequate data protection has become a major concern...
Securities Regulators’ Association Calls for the Identification of Individuals Who Exercise Control Over Defi Platforms
27.12.2023
The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise level.” The identification of such individuals...
99% of Law Enforcement Needs More Crypto-related Training, New Report Reveals
20.12.2023
A new survey conducted by blockchain intelligence company TRM Labs has revealed that 99% of law enforcement needs more training on crypto. “Extremely” complex cases The survey collected responses from 300 law enforcement professionals around the globe, 93% of which were from US law enforcement...
CFTC Proposes New Rule to Strengthen Customer Protections After FTX Collapse
14.12.2023
Source: Pixabay The Commodity Futures Trading Commission has voted on a proposal to introduce a rule aimed at enhancing safeguards for individuals engaging in trades through a derivatives clearing organization. The rule, called the “Protection of clearing member funds held by derivatives clearing...
US Lawmakers Launch Bill to Counter Terrorism and Threats Involving Digital Assets
10.12.2023
Several U.S. lawmakers have introduced a bipartisan bill to crack down on terrorist organizations by applying sanctions to foreign entities, including crypto platforms, that facilitate financial transactions for terrorists. The legislation would also “equip the Treasury Department with...
US States Collaborate to Drive Blockchain and Cryptocurrency Adoption
8.12.2023
Source: AdobeStock While United States federal policymakers look to implement cryptocurrency and blockchain regulations, state-led organizations are taking initiatives to ensure that policy focused on cryptocurrency and blockchain adoption pass within the U.S. This is important to consider given...
US Lawmakers Introduce Bipartisan Anti-Crypto Terror Finance Bill in Senate
8.12.2023
Source: AdobeStock A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country. Billed to be cited as The Terrorist Financing...
Nettexx: A Definitive Business-Centric Cryptocurrency Platform
4.12.2023
Amidst the continuous transformation of the global marketplace, organizations across diverse industries proactively pursue novel approaches to improve customer contentment and optimize processes. The prevalent adoption of cryptocurrencies significantly impacts the dynamics of business transactions...
Chimpzee (CHMPZ) Crosses $2.4 Million, Investors Can’t Get Enough of This Eco-Friendly Token
4.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) has attracted considerable attention from investors as it has been working with several prominent organizations to better the planet. Investors in the CHMPZ token will be doubly...
Philippines Securities Regulator Says Binance Is Operating Without a License
30.11.2023
Crypto exchange Binance is not a registered corporation in the Philippines hence its activities in the country are not above board, the Asian country’s securities regulator has said. The regulator warned of a possible jail term for individuals found enabling Binance’s activities in...
Tron Blockchain Founder Justin Sun Rejects Reports Linking His Protocol to Terror Funding
29.11.2023
Tron blockchain founder Justin Sun has rejected suggestions that his protocol is increasingly being used by terrorist organizations. Sun said Tron’s top priority remains maintaining decentralization as well as making sure users’ assets remain safe. A new report suggests that between...
Cristiano Ronaldo, MLB, and Mercedes F1 Hit with Litigation Relating to Binance, FTX
28.11.2023
Four recent class action lawsuits were filed against high-profile organizations and individuals for promoting the crypto exchanges, according to court documents filed in Miami on Monday. Cristiano Ronaldo, Major League Baseball, F1, and Mercedes-Benz and global advertising agency, Dentsu, are among...
Fast-growing Tron Preferred over Bitcoin by Terrorist Groups: Report
27.11.2023
Numerous terror organizations are now utilizing Tron over Bitcoin, according to a new report by Reuters released Monday. Tron’s popularity is on the rise “Earlier it was Bitcoin and now our data shows that these terrorist organizations increasingly favor Tron,” said Mriganka Pattnaik, CEO...
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
23.11.2023
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial institutions against having dealings with the eight...
Spanish Securities Regulator Hints at Probing X for Hosting Crypto Ads For Unlicensed Organizations
13.11.2023
The Spanish securities regulator has recently hinted at investigating and sanctioning X (formerly known as Twitter) for allowing unlicensed providers to post crypto ads. According to Spanish law, social networks and other service providers must verify that ad campaigns come from authorized...
South Korean Police Shut Down ‘International Crypto Fraud’ Ring, Freeze $1.2m
8.11.2023
Source: Maksim Shmeljov/Adobe South Korean police have swooped on a group of suspected “international” crypto fraudsters, freezing over $12 million and arresting 49. Newsis reported that the Cyber Investigation Department of the Seoul Metropolitan Police Agency has “arrested a total of 49 people...
Abu Dhabi Global Market Unveils New Regulations for Web3 Firms
2.11.2023
Abu Dhabi seeks to beef up its web3 landscape with new guidelines for blockchain-based firms as its crypto hub is projected to grow in the coming months. The Abu Dhabi Global Market (ADGM) announced new rules that create numerous blockchain foundations and how they operate within the jurisdiction...
US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists
30.10.2023
U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements followed media reports claiming that Hamas raised a large sum...