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Bill Imposing Fines for Illegal Issuance and Exchange of Digital Assets Proposed in Russia
24.6.2022
A bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor of another draft law banning their use as a means of payment. New Bill Targets Russian Platforms...
Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors
24.6.2022
Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive...
Ripple CEO criticizes SEC for 'contradictions' on crypto regulations
23.6.2022
“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States," said Brad Garlinghouse
Buy Bitcoin or start mining? HashWorks CEO points to ‘attractive investment yield’ in BTC mining
23.6.2022
Bear markets are for building, which is exactly why HashWorks CEO Todd Esse says BTC’s current pricing presents an opportunity for retail investors and industrial mining companies
Swan Bitcoin CEO against crypto lenders: Users are way under-compensated for the risk
23.6.2022
The CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion
Crisis in crypto lending shines light on industry vulnerabilities
23.6.2022
Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making process
Coinbase to shut down Coinbase Pro to merge trading services
23.6.2022
Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies
Russia to Trial Digital Ruble Settlements for Real Estate Deals
23.6.2022
The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart...
Nexo hires Citibank to advise on acquisitions during market turmoil
23.6.2022
“We’re in this together” — Crypto lending platform Nexo has appointed Citibank to advise on acquisitions from struggling crypto firms
NFT, DeFi and crypto hacks abound — Here’s how to double up on wallet security
22.6.2022
Falling prey to a fraudulent link can be devastating to one’s personal investment portfolio. Here are three ways a hard wallet can protect you
Institutions are exploring the space — KPMG Canada crypto team
22.6.2022
Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets, but was also considering the potential growth of NFTs and the metaverse
Chainalysis launches reporting service for businesses targeted in crypto-related cyberattacks
22.6.2022
The firm said it was starting a 'Crypto Incident Response’ hotline to "help bring bad actors to justice and demonstrate that crypto is not the asset class of anonymity and crime.”
Shopify unveils tokengated commerce as part of new connect-to-consumer experience
22.6.2022
Select merchant partners will be able to rollout exclusive goods for NFT tokenholders
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...
Binance-owned Trust Wallet adds buy option via Binance Connect
22.6.2022
Binance's self-custodial crypto wallet Trust Wallet now allows buying more than 200 digital assets with 40 fiat currencies via Binance Connect, formerly known as Bifinity
New Philippines Central Bank Governor: Crypto Investors Are Adherents of the Greater Fool Theory
22.6.2022
The incoming governor of the Philippine central bank, Felipe Medalla, has suggested that people that invest in cryptocurrencies like bitcoin are adherents of the Greater Fool Theory. He also argued that people investing in cryptocurrencies are doing so because they want to “hide their money...
Crypto brokerage FalconX raises $150M at $8B valuation
22.6.2022
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline
Roxe Holding in talks for listing on Nasdaq via $3.6B SPAC deal
22.6.2022
The firm has entered an agreement with special purpose acquisition company Goldenstone Acquisition Ltd, through which it will pursue the listing
Ukraine Raises Over $100,000 From Cryptopunk NFT Sale
22.6.2022
The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine...
Crypto resonates better with BIS' vision of ideal monetary system
22.6.2022
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.”