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Gary Gensler’s Verdict on Bitcoin; Community Seeks Regulatory Clarity
26.9.2024
In a recent interview with CNBC, SEC Chair Gary Gensler reaffirmed that that Bitcoin is not considered as…
Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator
23.9.2024
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit...
Silvergate Shut down Due to ‘Regulatory Changes’, Shares CEO
23.9.2024
Silvergate Capital Corporation CEO Elaine Hetrick shared in a recent filing that sudden regulatory changes led to the…
Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto
22.9.2024
While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes...
Inside OKX's Strategic Shifts to Its Regulatory Approach, Formula 1 Branding and App Design
19.9.2024
OKX has rethought the strategy in three major areas; the look and tech aspects of its application, its approach toward regulation and expansion, and its brand strategy as the primary partner of McLaren Formula 1 Team, OKX CMO Haider Rafique told CoinDesk in an interview
SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
19.9.2024
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud
Binance’s Yi He Provides Clarity Amid Regulatory Confusion
18.9.2024
Yi He, co-founder of Binance, has addressed concerns about the future of the crypto industry and Binance’s role…
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
15.9.2024
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3...
Meta to resume AI training in UK after regulatory pause
14.9.2024
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook
Meta to resume AI training in UK after regulatory pause
14.9.2024
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook
Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients
14.9.2024
Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE, expands both companies’ product portfolio and offers a comprehensive...
In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance
13.9.2024
As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary...
Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris
13.9.2024
Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris...
Regulators Partner to Bolster UAE’s Crypto Hub Status
11.9.2024
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated...
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...
Accenture invests in Emtech to strengthen CBDC, fintech solutions
10.9.2024
The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings
CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
8.9.2024
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t...
Binance Kazakhstan Receives Formal Consent for Regulatory License
7.9.2024
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including...
United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’
4.9.2024
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance...
Qatar introduces regulatory framework for digital assets
2.9.2024
Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector.