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Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
17.8.2021
The statement appeared as a takeaway from Blockworks' Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin
Bank of Ghana Urged to Resist Developing a CBDC Based on ‘Old Traditional Siloed Financial Thinking’
17.8.2021
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain...
Spanish officials issue warning on Huobi and Bybit crypto exchanges
17.8.2021
The National Securities Market Commission in Spain issued warnings on 11 entities for not being registered for investment services
Treasury to the rescue? Officials to clarify crypto tax reporting rules in infrastructure bill: report
16.8.2021
Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
15.8.2021
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital...
GoSats launches Bitcoin cashback rewards card in India
15.8.2021
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
13.8.2021
"We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered," said Syedur Rahman
Senate infrastructure bill isn’t perfect, but could the intention be right?
13.8.2021
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided
Binance Discontinues Crypto Products and Services in South Korea
13.8.2021
On August 13, the cryptocurrency exchange Binance revealed it is ending a great number of services in South Korea. The company noted in the announcement that it evaluated local regulations and “will discontinue the following offerings in Korea, effective immediately.” Binance Ends...
South Korea’s crypto regulation is now expanding to foreign businesses
13.8.2021
Any overseas activity outside Korea that has domestic effects or consequences shall be subject to the amended crypto regulation
Are NFTs being used for money laundering? Yes they are claims Mr. Whale
13.8.2021
NFT’s could be a vehicle to legitimize ill-gotten gains for the crypto elite
Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill
13.8.2021
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep....
Stronger crypto regulations in US won't necessarily help prevent fraud, says Okcoin CCO
12.8.2021
Megan Monroe said an "incubator" approach might be one possible solution to the current “patchwork of financial regulations” in the United States
Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems
12.8.2021
Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers...
Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required
12.8.2021
When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and...
Iran’s tax authority wants to legalize crypto exchanges
12.8.2021
The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly
Iranian Tax Authority Urges Regulators to Legalize Cryptocurrency Exchanges
12.8.2021
The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing restrictions could negatively affect tax collection. Tax Agency Wants to Obtain User Data From...
SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker
12.8.2021
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need...
Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements
11.8.2021
Following a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August...
Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation
11.8.2021
COIN exceeded earnings estimates but analysts caution that blanket crypto-sector regulation will “stifle innovation” and possibly cast a shadow on Coinbase's growth