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Nalezeno "AI Regulation": 11407

Colombia's new president seems to be a fan of Bitcoin

21.6.2022
“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regards to mining crypto in Colombia

Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?

21.6.2022
BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?

Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News

21.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News

China’s WeChat bans crypto and NFT-related accounts

21.6.2022
The policy also covers secondary NFT trading as the firm notes that “accounts that provide services or content related to the secondary transaction of digital collections shall also be dealt with.”

SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation

21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...

HM Treasury changes course on collecting data around unhosted crypto wallets

20.6.2022
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update

Why the crypto market crash may play in Bitcoin's favour

20.6.2022
Podcaster and Bitcoin educator, Natalie Brunell, believes the current market turmoil could lead to regulation favouring Bitcoin over alts

First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News

20.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

El Salvadoran Government to Back New Token, Bukele Says ‘Don’t Panic’ About Falling Bitcoin Prices

20.6.2022
El Salvador’s government is readying another crypto move – some nine months after it officially adopted bitcoin (BTC) as legal tender. Per ElSalvador.com, the website of the newspaper El Diario de Hoy, the state is unperturbed by the current “difficult scenario for digital assets,” and...

Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE

20.6.2022
Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena to not only expand its activities but...

Sberbank to Conduct First Digital Asset Transaction on Own Platform

19.6.2022
Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

Bank of Jamaica Governor: Cryptocurrency ‘Not Sufficiently Stable to Be a Good Means of Payment’

19.6.2022
The governor of the Jamaican central bank has warned people using or who have plans to use cryptocurrencies to be mindful of the associated risks. The governor added that cryptocurrencies’ unpredictability means they cannot function as a medium of exchange. Not Stable Enough to Be Good Means...

Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules

18.6.2022
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is invalid, a Chinese court has ruled. The court asserts that a virtual currency does not have the same...

SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze

18.6.2022
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and securities regulators...

Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC

18.6.2022
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement agency has said. After converting the cryptocurrency to local currency, the two students would...