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Coinone will stop withdrawals to unverified external wallets
29.12.2021
The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.”
India’s Central Bank RBI Discusses Digital Currency and CBDC Launch With Minimal Impact on Monetary Policy
29.12.2021
India’s central bank, the Reserve Bank of India (RBI), says a basic central bank digital currency (CBDC) model must be adopted initially and tested comprehensively to minimize the impact on the country’s monetary policy and banking system. The Indian apex bank sees several benefits...
Robinhood's Crypto Beta, FTX Challenge, Bitcoin Miners Bet Big, BTC ETF Inflows + More News
29.12.2021
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: Robinhood's Crypto Beta, FTX Challenge, Bitcoin Miners Bet Big, BTC ETF Inflows + More News
Coinone Sends KYC Warning to Users of Centralized Crypto Exchanges
29.12.2021
One of South Korea’s biggest crypto exchanges – Coinone – has told its customers that they will no longer be able to make withdrawals to “unregistered” wallet addresses as of next month. Observers both in South Korea and overseas say that similar measures may become commonplace for major trading...
Crypto News Rewind 2021: Q2 - Bitcoin Crash, China’s Crypto Crackdown, El Salvador's BTC Move, Musk vs BTC
29.12.2021
Here is what happened in the Cryptoworld in the second quarter of this year:
Total crypto market capitalization in Q2
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Learn more:- Crypto News Rewind 2021: Q1 - Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments ...
Read More: Crypto News Rewind 2021:...
South Korean Gaming Regulator to Force Crypto Games off Google, Apple App Marketplaces
29.12.2021
South Korea’s gaming regulator has extended the scope of its crypto and blockchain gaming freeze-out by warning developers they must remove play-to-earn titles from the Google Play and the Apple App Store....
Read More: South Korean Gaming Regulator to Force Crypto Games off Google, Apple...
Crypto makes history in 2021: Five instances of governments embracing digital assets
29.12.2021
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation
Regulators Learning from Crypto to Take on Pump and Dumps in Stocks
29.12.2021
A newly released presentation has revealed how the Australian Securities and Investments Commission (ASIC) has learned about pump and dump activities in the crypto market, and how the same schemes have spilled over to the stock market.
The previously unknown presentation was first made public...
Legal Experts Say It’s Too Late to Ban Crypto, India Needs Comprehensive Regulation
29.12.2021
Indian legal experts reportedly say that it is too late to ban cryptocurrency despite calls for a complete crypto ban by the central bank, the Reserve Bank of India (RBI). The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, also passed a resolution calling...
S Korea Now Has 24 Licenced Crypto Exchanges – But Most Are Stuck in Crypto-to-Crypto Purgatory
28.12.2021
Medium-sized South Korean crypto exchanges are gunning for the “big four” trading platforms’ vice-like grip on the industry – but vital banking breakthroughs are still proving elusive....
Read More: S Korea Now Has 24 Licenced Crypto Exchanges – But Most Are Stuck in Crypto-to-Crypto Purgatory
Crypto News Rewind 2021: Q1 - Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments
28.12.2021
Here is what happened in the Cryptoworld in the first quarter of this year:
Total crypto market capitalization in Q1
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Read More: Crypto News Rewind 2021: Q1 - Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments
Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO
28.12.2021
FTX CEO Sam Bankman-Fried says stablecoins could be the most straightforward route to crypto industry regulation in revealing tweets
Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht
28.12.2021
A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested...
Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide
28.12.2021
Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed....
Law Decoded: Three regulatory trends of 2021, Dec. 20–27
27.12.2021
The year past saw some fundamental transformations in the relationship between state power and the digital asset space
Binance Gets an Approval from Bahrain and a Fine from Turkey + More News
27.12.2021
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: Binance Gets an Approval from Bahrain and a Fine from Turkey + More News
India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency
27.12.2021
The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi...
UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines
26.12.2021
Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort...
Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds
26.12.2021
Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors....
DeFi Trends in 2022: Growing Interest, Regulation & New Roles for DAOs, DEXes, NFTs, and Gaming
26.12.2021
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The decentralized finance (DeFi) sector has grown spectacularly in 2021, feeding into the growth of the wider crypto market which in turn has fed into it. It now accounts for more than USD 200bn in total value locked in, having stood at around USD 22bn on January 1....
Read More: DeFi...