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Nalezeno "regulatory concerns": 47

Binance Halts Visa Debit Card Service in Europe Amid Regulatory Concerns

23.10.2023
Following Visa and Mastercard's termination of partnerships with Binance a couple of months ago, the world's largest cryptocurrency trading platform is now ceasing service of its Visa debit card in the European Economic Area (EEA).... Read More: Binance Halts Visa Debit Card Service in Europe Amid...

Fidelity Submits Updated Spot Bitcoin ETF Application

19.10.2023
Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have stood in the way of approving the investment product....

The World Federation of Exchanges Chips Recommendations for Crypto Service Providers as Regulatory Concerns Grow

29.9.2023
The World Federation of Exchanges, WFE has shared its suggestions for the digital asset sectors as user adoption and regulatory fears surges. In a Sept 28 press release, the exchange body pointed out six recommendations for the sector and regulators to address user fears as some of their members...

Bitstamp Exchange to Suspend Trading of Several Popular Altcoins Due to US Regulatory Concerns – What Coins are Included?

9.8.2023
In a blog post released on August 8, Bitstamp, the oldest cryptocurrency exchange, declared its intention to "permanently" halt trading of certain altcoins for its users based in the United States, starting August 29, 2023. The suspended assets include Axie Infinity (AXS), Chiliz (CHZ)...

Payments Giant Paypal Launches Dollar-Backed Stablecoin PYUSD

7.8.2023
Paypal has introduced its own stablecoin, representing the first venture of its kind by a leading financial firm. Initially reported by Bloomberg, the launch could notably accelerate the slow integration of cryptocurrencies for payment purposes. A New Era for Paypal: Introduction of PYUSD...

FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust

1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...

Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns

31.5.2023
In the wake of Binance’s departure from Canada, cryptocurrency exchange Bybit has announced its exit from the nation as well, citing “recent regulatory development” as the reason. Effective May 31, Bybit stated that it would cease accepting applications from Canadian residents....

US Crypto Firms Migrate to Bermuda Amid Regulatory Concerns

15.5.2023
Crypto companies are increasingly turning away from the US in search of clear digital asset regulations, and some of the major companies are finding a home in Bermuda. Still, some experts warn that this may be a short-term solution as the issues in the land of the free are not getting...

Binance.US Contemplates Lowering Founder Changpeng Zhao’s Stake Amid Regulatory Concerns

12.5.2023
Binance’s US-regulated branch Binance.US is reportedly seeking ways to reduce Binance founder Changpeng Zhao’s stake in the company due to concerns over a regulatory crackdown on Zhao’s international business empire. To reduce the perceived regulatory risk in the US, Changpeng Zhao, better known...

Binance USD market cap falls below $10B amid rising regulatory concerns

3.3.2023
As it stands today, BUSD's market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022

Bitcoin, Ethereum Technical Analysis: BTC Nears $25,000, Whilst ETH Hits $1,700

16.2.2023
Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several factors have contributed to the rally including strong...

One-third of estimated 115M Indian crypto users concerned about regulations

23.8.2022
A KuCoin survey estimates that some 115 million Indian citizens are invested in cryptocurrencies, while many are still concerned about the government's stance towards the sector

Bitcoin price rejection at $39K and mounting regulatory concerns tank the market again

7.3.2022
BTC price rejects near $40,000 as investors balk at an upcoming Biden administration executive order on crypto regulation

Crypto Exchanges Betting Over NFT Amids Regulatory Concerns

3.1.2022
In the past few months, there has been a growth of NFT in India. More than dozens of crypto platforms are getting into the NFT space, helping to push its market growth. Cryptocoin exchanges offering NFTs witness a growth of 40-50% right from the base point. One of the reasons for their growth...

Kraken exchange defies competitors’ regulatory concerns with SHIB listing

30.11.2021
The move comes in contrast to other digital asset exchanges like Robinhood, which have avoided listing altcoins such as SHIB over regulatory concerns

Etoro to Limit Cardano and Tron Services in US Due to Regulatory Concerns

26.11.2021
Etoro, an Israel-based trading platform, has taken action on its platform regarding the trading of cardano and tron. Now, U.S.-based customers will have limited functionality with these cryptocurrencies on the Etoro platform starting in December. Etoro explained in a post that these new measures...