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Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff
5.6.2023
Crypto asset manager Arca has cut 30% of its staff amid a continuing bear market and regulatory uncertainty, the company said Monday
Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
5.5.2023
Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share
Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi
2.5.2023
The bank slashed its price target for the crypto exchange to $65 from $80
Coinbase CEO Considers US Exit Amid Regulatory Uncertainty – Here's the Latest
19.4.2023
Coinbase CEO Brian Armstrong has indicated that the exchange could leave the US if regulators don't clarify their approach to the digital asset space.
"Anything is on the table, including relocating or whatever is necessary," he said during the Innovate Finance Global Summit Tuesday after former...
Bitcoin price struggles to hold above $30K amid regulatory uncertainty
18.4.2023
Despite BTC’s recent recovery, Bitcoin's margin and futures markets highlight a neutral-to-bearish sentiment as traders remain wary of regulatory risks
Paxos set to withdraw from Canada amid regulatory uncertainty
12.4.2023
Paxos assured its customers that their funds would "remain safely" in their accounts, but advised users to withdraw all balances from their accounts at their earliest convenience
Russia Takes Second Place Rank by Power Capacity in Crypto Mining, Reports
9.4.2023
Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector has been growing, reaching record highs this year....
Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty
2.4.2023
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without...
US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty
27.3.2023
Citing an ongoing regulatory crackdown, crypto companies are considering shifting to more favorable jurisdictions. Jeff Wilser reports
Crypto Firm Anchorage Digital to Lay Off 20% of Staff Citing US Regulatory Uncertainty – Here's What You Need to Know
15.3.2023
Anchorage Digital, a crypto bank based in San Francisco, is making substantial staff cuts in response to the current downturn in the crypto market and regulatory uncertainty in the United States.
According to Bloomberg, the company is laying off 75 employees, or roughly 20% of...
Crypto bank Anchorage Digital cuts 20% of staff citing regulatory uncertainty
15.3.2023
It's unclear whether Anchorage Digital’s layoffs relate to the current turmoil in the U.S. banking sector
Dubai’s Crypto Industry Welcomes New Licensing Regime Amid Global Regulatory Uncertainty
2.3.2023
The emirate’s ambitious framework tackles a broad range of assets and activities, designed to attract firms seeking regulatory clarity
Wuhan omits NFTs from metaverse plan amid regulatory uncertainty in China
7.11.2022
The Chinese government has shown a keen interest in developing a metaverse economy, but its stance on NFTs hasn’t been very clear
Bitcoin ATMs Increase in Number in Moscow, Russia
29.10.2022
The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the service as it offers easy access to cryptocurrencies, although not at the best exchange rates and still amid regulatory uncertainty. More...
Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts
29.6.2022
“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP
New York Bitcoin Miners Start to Give Up on State Amid Regulatory Uncertainty
19.5.2022
The state was once a draw for bitcoin miners, but environmental concerns are weighing on the industry
Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’
21.4.2022
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory...
Coinbase Halts India's UPI Support After Regulatory Uncertainty
11.4.2022
Major crypto exchange Coinbase has halted support for the Unified Payments Interface (UPI), India's payment system, following a statement by the country watchdog that claimed it was not aware of "any crypto exchange using UPI."
"Purchases with this payment method are temporarily unavailable,"...
Singaporean crypto exchange enters India amid regulatory uncertainty
29.11.2021
Singapore's Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market
US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry
19.11.2021
U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create...