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Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia
28.3.2024
Starting in January 2025, crypto firms seeking to operate in Indonesia must undergo evaluation in a regulatory sandbox to pass licensing.
The post Crypto Firms to Undergo Regulatory Sandbox Evaluation Before Licensing in Indonesia appeared first on Cryptonews
Dogecoin surges 17% amidst rising crypto momentum, new meme coin ICO hits 8 million!
28.3.2024
In an electrifying week for cryptocurrency enthusiasts, Dogecoin, the original meme coin, has seen a remarkable surge of 17%, buoyed by a wave of positive sentiment across the crypto markets. This uptick coincides with the successful Initial Coin Offering (ICO) of Dogecoin20, a new entrant in...
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
28.3.2024
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore
Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds
28.3.2024
Canadian authorities have filed a third “unexplained wealth order” application with the British Columbia Supreme Court targeting the co-founder of QuadrigaCX Michael Patryn to explain how assets were acquired.
The post Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds appeared...
Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal
28.3.2024
The initiative is aimed at combating fraud and will kick in at the start of next year
‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess
28.3.2024
Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin...
BlockDAG’s $9.9m rally surpasses Sui crypto forecast and Kelexo lending platform
28.3.2024
BlockDAG’s impressive growth trajectory, Sui Crypto’s promising forecast, and Kelexo’s utility are encapsulated in this comprehensive analysis. Sui Crypto Price Prediction indicates a notable surge, reflecting its resilience amidst market fluctuations. Kelexo Lending Platform...
Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK
28.3.2024
Gaza Now has been promoting crypto donation campaigns and ramped-up these efforts particularly after the October 7 attack in Israel.
The post Hamas-linked Crypto Addresses of Gaza Now Jointly Sanctioned by US, UK appeared first on Cryptonews
Bittensor and Cronos show strong gains; BlockDAG presale surges to $9.8M, eyeing top 10 crypto position in April 2024
28.3.2024
As the cryptocurrency market buzzes with activity, Bittensor and Cronos (CRO) have garnered bullish forecasts from analysts. Amidst these optimistic projections, BlockDAG has become a standout, rapidly ascending the ranks in the presale domain. With an impressive presale nearing $10 million and...
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor
28.3.2024
According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector....
Tether Co-Founder William Quigley on How Bitcoin Halving Will Reshape Crypto Markets
28.3.2024
Tether and WAX Co-Founder William Quigley provides insights on Bitcoin halving and its impact on the crypto ecosystem, including effects on miners, investors, and the future of digital currencies.
The post Tether Co-Founder William Quigley on How Bitcoin Halving Will Reshape Crypto Markets appeared...
BlockDAG emerges as a key player in crypto, drawing Dogecoin enthusiasts & surpassing IOTA’s expectations with $9.7M in funds
28.3.2024
In the fast-paced world of cryptocurrencies, the spotlight often shifts quickly between rising stars and established players. Recently, the crypto community has been abuzz with Dogecoin whales’ significant moves and IOTA’s promising price surge, reflecting a bullish sentiment. Amid...
South Korean Civil Servant Charged with Crypto Fraud
28.3.2024
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.
The post South Korean Civil Servant Charged with Crypto Fraud appeared first on Cryptonews
Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin
28.3.2024
The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine...
CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
28.3.2024
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple...
Russian Government, Central Bank ‘Come to Consensus on Crypto’
28.3.2024
Russian government bodies, the nation’s anti-money laundering agency, and the Central Bank have reportedly “come to a consensus” on crypto policy.
The post Russian Government, Central Bank ‘Come to Consensus on Crypto’ appeared first on Cryptonews
Goldman Sachs Says ‘Many of Our Largest Clients’ Getting Active in Crypto
27.3.2024
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said...
VanEck Advisor Gabor Gurbacs Concerned Over the Impact of Stringent Crypto Regulations on Innovation
27.3.2024
VanEck advisor Gabor Gurbacs had on March 27 expressed concerns over the incompetence of modern-day crypto regulations and their negative effects on innovations. His criticism stemmed from the instability in the crypto industry as it relates to the regulatory framework in light of the US Securities...
OKX API Failure Causes Account Balance Confusion, Thousands of Users Affected
27.3.2024
The OKX API has hit a snag, causing account balance chaos for users in Singapore, Japan, and the US. The Rest API crash has led to errors, incorrect data, and failed trades. OKX assures users of asset safety, but the glitch has impacted the OKB token value. Read on for more details and recent...