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Kazakhstan Central Bank Exploring ‘Opportunities in Crypto, DeFi ‘Innovation’
8.6.2022
Kazakhstan’s central National Bank has stated that it is “interested in” the “opportunities for innovation” that cryptoassets and DeFi can “give” the government.
Per Tengrinews, the Governor of the National Bank Galymzhan Pirmatov told journalists at a press conference, that Kazakhstan wanted...
Bitcoin bears have plenty of reasons to hold BTC price below $32,000
8.6.2022
Regulatory pressure and macroeconomic uncertainty continue to pin traders' sentiment and BTC price under $32,000
Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
8.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + More News
French Lawmaker Releases New Report to Push for Crypto Legislation
8.6.2022
Pierre Person, a lawmaker from France’s ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the adoption of crypto legislation in the French parliament. ...
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Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions
8.6.2022
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful means of settling transactions in Ethiopia. Illegal Transactions The Ethiopian...
Japanese Crypto Exchanges Want to Ditch Restricting Token Listing Protocols
8.6.2022
Japanese crypto exchanges appear determined to take advantage of favorable political winds and expand the range of coins they trade on their platforms – although the national financial regulator has indicated that it will not let them have the final say on the matter....
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Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging
8.6.2022
India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told...
SEC Probes Binance — BNB Could Be Unregistered Security: Report
8.6.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with...
Grayscale hires former Solicitor General to help force Bitcoin ETF approval
8.6.2022
Ahead of the July 6 SEC decision, the investment giant has hired Don Verrilli, a former U.S. Solicitor General as a senior legal strategist, working alongside its attorneys at Davis Polk & Wardwell LLP and its in-house counsel
With Crypto Regulation Imminent, How Should Industry Leaders Prepare?
8.6.2022
Stephen Stonberg, CEO of Bittrex Global, a crypto exchange.______...
Read More: With Crypto Regulation Imminent, How Should Industry Leaders Prepare?
USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News
7.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: USD 100M Cronos Accelerator, Citadel Mulls Crypto ETFs, USD 6M Bug Bounty + More News
Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation
7.6.2022
Crypto regulation is likely to come sooner rather than later in Russia, leading politicians hope – with the ruling United Russia party throwing its weight behind legislative proposals and the Ministry of Energy voicing its support for crypto mining....
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BNB price risks 40% drop as SEC launches probe against Binance
7.6.2022
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered "at least $2.35 billion in illicit funds."
Here's What US Senators Put in New Crypto-Friendly Bill
7.6.2022
In a bipartisan effort to pave the way for more crypto-friendly regulations in the US, Wyoming Republican Senator Cynthia Lummis and Democratic senator representing the state of New York, Kirsten Gillibrand, are set to introduce a new draft bill today, dubbed the 'Responsible Financial...
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs
7.6.2022
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company director accused of embezzling $8 million and using the funds to buy bitcoin mining rigs. Although Li Qunnan has denied the allegations, executives insist their evidence implicates him....
Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market
7.6.2022
According to the chairman, the central bank will decide on implementing its own digital currency by the end of 2022
Law Decoded, May 30–June 6: Terra’s aftermath in China, Japan and South Korea
7.6.2022
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region
Leaked copy of US draft bill shows DeFi and DAOs under regulatory lens
7.6.2022
The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the U.S
New Japanese law may allow seizure of stolen crypto
7.6.2022
Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations
Citigroup CEO: Europe More Likely to Head Into Recession Than US
7.6.2022
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday...