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Bitcoin slips to $63K amid increased U.S. regulatory pressure
7.5.2024
Speculations are doing the rounds that though Bitcoin is experiencing a downward slide to $63,000, it will soon make a substantial recovery. The reason for the drop is being attributed to the added regulatory strictures. The price ups and downs continued following RobinHood, a brokerage business...
Nigerian officials proposed secret crypto settlement, claims Binance CEO
7.5.2024
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them
Revolut debuts dedicated crypto exchange for UK users
7.5.2024
Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion
Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto
7.5.2024
The Digital Chamber called SEC's move as yet another instance of the regulator’s “unchecked regulatory overreach,”
The post Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto appeared first on Cryptonews
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
7.5.2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request...
Crypto firms to see more enforcement actions within 2 years — CFTC chair
6.5.2024
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation
Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure
6.5.2024
Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs
FTX addresses transferred $8.3M one day before amended proposal deadline
6.5.2024
The transfer occurred a day before FTX debtors are set to release a new restructuring plan for the exchange
Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half
6.5.2024
The Philippines' securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024.
The post Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half appeared first on Cryptonews
Nigerian SEC Set To Meet With Foreign Crypto Exchanges Amid Regulatory Crackdown: Report
3.5.2024
The Nigerian Securities and Exchange Commission (SEC) will meet with crypto exchanges to discuss the state of crypto regulation in the African nation, a Friday report from CoinTelegraph reveals. News of the meeting comes as Binance executives Nadeem Anjarwalla and Tigran Gambaryan face charges...
Crypto exchanges to meet Nigerian SEC chief for regulatory talks
3.5.2024
The meeting is anticipated to ignite positive changes that benefit all crypto stakeholders in Nigeria and on the international scene
Nigerian fintechs crack down on crypto, users face account blocks
3.5.2024
The CBN's attitude to crypto has been inconsistent in recent years and the crackdown contradicts a decision taken in 2021 to facilitate crypto account opening
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
2.5.2024
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said
Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected
2.5.2024
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term...
TradFi Veterans Pitch Tokenized Asset Marketplace With Eyes on U.S. Regulatory Approval
2.5.2024
Ironlight, helmed by the former global head of trading of Schroeder and Abu Dhabi's sovereign wealth fund ADIA with the ex-CEO of TD Bank as an adviser, aims to be a premier tokenization, listing and trading ecosystem for real-world assets targeting big investors
Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol
30.4.2024
Yield Protocol ceased operations in December 2023, citing challenges with diminishing business demand and mounting global regulatory pressures.
The post Hackers Drain Funds from Defunct DeFi Lending Protocol Yield Protocol appeared first on Cryptonews
Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny
30.4.2024
With the US reportedly cutting off Venezuelan oil sales by May 31, experts warn that the country’s likely shift towards digital currency necessitates stricter regulations.
The post Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny appeared first on Cryptonews
Trust Wallet Back On Google Play Store After Temporary Removal
29.4.2024
Trust Wallet is reportedly back on the Google Play Store following its temporary removal Monday morning. News of the application's sudden removal comes amid a greater regulatory crackdown on a number of self-custody crypto wallet services.
The post Trust Wallet Back On Google Play Store After...
Bitcoin Price Prediction as BTC Falls to $62,247 Despite Positive Market Expectations – Time to Buy?
29.4.2024
Bitcoin stumbles to $62,247, hitting a daily low amid global tensions and regulatory crackdowns—could this be a golden buying opportunity?
The post Bitcoin Price Prediction as BTC Falls to $62,247 Despite Positive Market Expectations – Time to Buy? appeared first on Cryptonews
Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns
26.4.2024
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against...