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Crypto coalition calls for ‘clear rules of the road’ from Biden, Harris
8.8.2024
Some of the CMIC members in support of the letter include Robinhood, BitGo, OKX, Gemini, Chainalysis, Elliptic, TRM, Kaiko and Matrixport
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
3.8.2024
The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the exchange cannot accept new business. The suspension follows a multi-state examination...
Bybit Exits French Market Amid Regulatory Pressures
2.8.2024
Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French authorities. The Autorité des Marchés Financiers (AMF) had previously issued a warning against Bybit, advising investors to avoid trading on the platform. Starting August...
Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
2.8.2024
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy....
UAE Bank Launches VASP-Focused Accounts for Managing User Funds
1.8.2024
Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP...
Nigerian crypto advocates push for regulatory reforms amid protests
1.8.2024
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen
Nigerian crypto advocates push for regulatory reforms amid protests
1.8.2024
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
1.8.2024
Nobel laureate Paul Krugman claims that bitcoin has remained “economically useless.” He criticized the support bitcoin and crypto have from former U.S. President Donald Trump and the Republican Party. Moreover, he stressed: “Tech-bro support for Trump and Vance also seems...
UAE residents can now trade crypto directly with their bank accounts
31.7.2024
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market
One Trading Secures Regulatory Approval From Dutch Regulator to Offer Crypto Derivatives Trading in Europe
29.7.2024
With the new license, One Trading becomes the only perpetual futures trading venue in the EU and the first cash-settled perpetuals platform in Europe, according to a company press release
Harris's campaign aims to repair democratic ties with crypto sector
28.7.2024
As the 2024 election approaches, the interplay between political strategies and industry dynamics will continue to evolve
Hong Kong legislator to discuss Bitcoin integration in fiscal reserves
28.7.2024
By engaging with stakeholders and focusing on compliance, Wu aims to position Hong Kong as a leader in the adoption of Bitcoin and Web3 technologies
Swiss regulator FINMA targets stablecoin issuers in new proposal
28.7.2024
As stablecoins continue to gain traction globally, regulatory initiatives such as FINMA’s guidance are likely to influence policies in other jurisdictions
US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion
28.7.2024
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated...
Bitcoin Policy Group Urges UK to Retain Bitcoin Holdings
27.7.2024
The Bitcoin Policy Group has issued a warning to the United Kingdom, advising against the sale of its 61,000 bitcoins. The group argues that maintaining these holdings is crucial for the nation’s economic strategy and future financial stability. U.K. Urged to Retain 61,000 Bitcoins by Bitcoin...
Coinbase and Glassnode Report Highlights a Stabilizing Crypto Market
26.7.2024
A recent joint report by Coinbase Institutional and the onchain analytics firm Glassnode reveals a maturing and stabilizing cryptocurrency market despite recent price corrections. The analysis highlights robust trading volumes, increasing onchain activity, and significant progress in regulatory...
Stablecoin adoption greater risk for developing nations
26.7.2024
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges
Bitget Wallet tops Nigeria’s app store as OKX exits market
25.7.2024
Bitget Wallet's surge in popularity among Nigerian users highlights its growing appeal in the Web3 space, amidst evolving digital finance trends
Revolut secures UK banking license after three-year wait
25.7.2024
Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market
Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi
23.7.2024
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260