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Binance Is Being Investigated by French Authorities: Bloomberg News
16.6.2023
Binance is under investigation by French authorities for “acts of aggravated money laundering,” an official for the Paris public prosecutor’s office told Bloomberg.
The world’s largest cryptocurrency exchange is also being investigated for the “alleged illegal provision of digital asset services...
Three Arrows Capital Liquidators Request Contempt Sanctions for Co-Founder Kyle Davies – What's Going On?
16.6.2023
Amid the ongoing legal proceedings surrounding the collapse of Singaporean crypto hedge fund Three Arrows Capital (3AC), the co-founder Kyle Davies is facing potential contempt of court charges.
This is due to his failure to respond to a subpoena requesting information related to the firm's...
Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says
16.6.2023
The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods
World Blockchain Summit returns to Singapore: Bringing together global crypto leaders & innovators
16.6.2023
Scheduled for 2,3 August 2023, The World Blockchain Summit Singapore aims to bring together investors, enterprises, industry leaders, and entrepreneurs to explore collaboration and investment opportunities and stay abreast of the latest developments and advancements in blockchain technology....
Ripple forms a collaboration with Columbia’s Central Bank
16.6.2023
Ripple, which is an absolute top player in enterprise blockchain and crypto solutions, joins forces with Columbia’s Central Bank, Banco de la Republica. Furthermore, in the picture, one can find Peersyst Technology. Through this amalgamation, they will be involved in the scouring of blockchain...
Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval
16.6.2023
A FOIA request with the SEC regarding Prometheum has been filed, while others found former FINRA and SEC staffers among the firm's ranks
EU Draft Law Focused on Privacy in Using a Digital Euro Offline: CoinDesk
16.6.2023
A proposed digital euro would have to be usable offline from day one to safeguard privacy, according to a draft law obtained by CoinDesk.
“The digital euro shall be available for both online and offline digital euro payment transactions as of the first issuance of the digital euro,” according...
Ukraine Wants to Tax Crypto Gains at 18% from 2024
16.6.2023
Ukrainian regulators are prepared to start taxing crypto gains at 18% from 2024, with lawmakers set to vote on proposals this fall.
Per Forbes Ukraine, the National Commission for Securities and the Stock Market is set to unveil a draft law, which will be set before lawmakers at the next...
Blockchain Analytics Firm Chainalysis Urges Crypto Firms to Start MiCA Preparations Now
16.6.2023
The past week saw the forthcoming Markets in Crypto Assets (MiCA) regulation formally published in the EU's official journal, marking a significant milestone for regulation in the crypto space.
Consequently, Chainalysis’ head of policy for Europe has urged cryptocurrency companies to start...
Binance Seeks to Deregister Cyprus Entity Amid Upcoming EU MiCA Rules
15.6.2023
Binance, the world’s largest crypto exchange by trading volume, is seeking to delist itself from the register of authorized crypto asset service providers (CASPs) in Cyprus in order to focus its efforts on complying with the EU’s Markets in Crypto-Assets (MiCA) regulation....
Read More: Binance...
Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing
15.6.2023
The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure cryptocurrency broker named Prometheum expressed support...
Crypto Prices Crash as Investors Get Spooked by US Fed Rate Pause But These Coins are Bucking the Trend – Here's What You Need to Know
15.6.2023
Crypto prices have come under intense sell pressure this week, with investors spooked by the US Federal Reserve’s latest monetary policy announcement.
While the Fed paused its interest rate hikes, leaving the Federal Funds Target Range unchanged at 5.0-5.25%, the bank was hawkish on the interest...
Ripple partners with Colombia’s central bank to explore blockchain technology
15.6.2023
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public
50 Dormant Bitcoins Worth $1.25 Million Wake Up After 12-Year Slumber
15.6.2023
A dormant Bitcoin address holding 50 Bitcoin, valued at approximately $1.25 million, suddenly sprang to life on June 15 after being inactive since June 21, 2010. This month has seen only one 2010 block reward transfer, with the previous two taking place on May 22, 2023. $1.25 Million in Bitcoin...
CoinEx Has To Refund Thousands as Part of Settlement With New York Attorney General Letitia James
15.6.2023
Cryptocurrency firm CoinEx will have to refund thousands of New York investors more than $1.7 million and pay penalties to the state as a result of settlement with New York Attorney General Letitia James.
CoinEx is also banned from operating in the state, according to a statement on Thursday from...
Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities – Here's What You Need to Know
15.6.2023
Jay Clayton – former chairman of the U.S. Securities and Exchange Commission (SEC) – expressed a view of the crypto market on Wednesday that largely mirrors that of his current successor, Gary Gensler. ...
Read More: Former SEC Chair Clayton Says 'Vast Majority' of Crypto Tokens are Securities...
Is blockchain technology ready for high-storage applications?
15.6.2023
What does the blockchain space need to enable the development of high-storage apps?
Polygon Labs Rolls Out Open Database for Blockchain Use Cases
15.6.2023
Polygon Labs, the Ethereum scaling platform, has launched an open database showcasing positive use cases of blockchain on any application
Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise
15.6.2023
Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.
As of June 14, 2023, the company has introduced its 'Send Globally' service to the third largest country in Latin America....
How blockchain technology makes it easier for Africans to upskill
15.6.2023
The narrative that blockchain technology could revolutionize how people interact with technology in Africa may not be stale after all