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CFTC hits Kraken with $1.25M in fines over alleged illegal offering
28.9.2021
“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC’s acting director of enforcement
Stablecoin launch and NFT integration back COTI’s rise to a new all-time high
28.9.2021
COTI price rallied to a new high after a series of partnerships, exchange listings and a pivot toward NFTs lure new investors to the project
Green Bay Packers Running Back Aaron Jones Joins Crypto Exchange FTX’s Ambassador Team
28.9.2021
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an FTX Ambassador in a long-term partnership. The collaboration with the NFL player follows the firm’s partnership with seven-time Super Bowl winner Tom Brady...
Cryptocurrency Derivatives Exchange Bitget to Sponsor Juventus as Its First-Ever Sleeve Partner
28.9.2021
Singapore-based cryptocurrency derivatives exchange Bitget announced a partnership with Juventus to become its sponsor. According to the agreement, Bitget will act as Juventus official partner and official cryptocurrency exchange partner, and also its first-ever sleeve partner. Established in 1897...
U.K Citizens to Get Free Crypto Tax Services From Crypto.com
28.9.2021
Crypto.com, formerly known as Monaco, is a cryptocurrency website based in Hong Kong. Crypto.com was founded in 2016 and has over 3 million users now worldwide. With the launch of a crypto exchange in 2019, Crypto.com started offering many services like mobile wallets, MCO visa cards, crypto...
Traders say Bitcoin’s bullish bias will only be confirmed by a close above $44K
27.9.2021
Bitcoin needs to flip $43,600 to support in order to see bullish continuation and on-chain data signals that BTC accumulation continues to increase
Law Decoded: China FUD and false dichotomies, Sept. 20–27
27.9.2021
Many in the crypto space are calling for the U.S. to assert its foundational principles by implementing crypto policies in opposition to China
Coinbase users can choose to deposit paychecks directly to accounts
27.9.2021
Customers will have the option to deposit "as much or as little" of their paychecks as they want in the feature rolling out in the next few weeks
African crypto exchange Yellow Card closes $15M Series A
27.9.2021
Africa has emerged as a bastion for cryptocurrency adoption. Venture capital is looking to capitalize on the growing trend
Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation
27.9.2021
Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange...
Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens
27.9.2021
In the last 24 hours, the DEX sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%
Binance blocks fiat deposits and spot crypto trading for Singapore users
27.9.2021
The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny
Huobi outlines plan for Chinese investors after halting crypto trading
27.9.2021
Huobi Group co-founder Du Jun intends to safeguard all crypto assets on Chinese accounts before permanently closing them down by Dec. 31, 2021
Binance to Support Komodo Network Upgrade and Hard Fork
27.9.2021
Binance recently announced support for the upcoming Komodo Network upgrade and hard fork. The development will take place once the network surpasses a block height of 2,588,672. Komodo will stop the deposits and withdrawal features from 27th September at 11:30 UTC. With the latest announcement...
South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto
27.9.2021
A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African...
Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit
27.9.2021
As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and...
SEC Denies Freedom of Information Act Request Concerning Tether Documents
26.9.2021
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests...
Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated
26.9.2021
The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities...
US Senator Calls on SEC Chairman to Provide Regulatory Clarity on Cryptocurrencies
25.9.2021
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their...
Altcoin roundup: There’s more to DeFi than just providing liquidity
25.9.2021
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi