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Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...
New York state releases guidance for issuing dollar-backed stablecoins
8.6.2022
The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the type
New York’s Crypto Regulator Publishes Formal Stablecoin Guidance
8.6.2022
NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful
7.6.2022
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest money in their own retirement accounts.” U.S. Labor Department Sued Over Crypto Guidance...
Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance
2.6.2022
It’s the miner’s third consecutive month of bitcoin sales
Germany Issues Crypto Securities Guidance as Deadline Looms
1.6.2022
Coinbase has already received authorization as a crypto custodian, but lawmakers are extending the regulatory net ever wider
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts
7.5.2022
A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, including cryptocurrency. “Today, the Biden administration is targeting cryptocurrency. Which...
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue
4.5.2022
Marathon mined 299 bitcoins in April, a near 31% dip from the previous month, citing weather and maintenance issues
Crypto Funds’ Easy On-Ramp Can Be a Big Problem Without the Right Guidance
28.4.2022
It’s important for financial advisors to do due diligence on investing in crypto funds, and on the funds themselves
Argo Blockchain Shares Jump After Updated Hashrate Guidance
28.4.2022
The shares rose the most since March after the crypto miner said it expects its hashrate to reach 5.5 EH/s by the end of 2022
Bitcoin Miner Argo Raises Hashrate Guidance Thanks to Intel Mining Chips
28.4.2022
The miner now sees 2022 hashrate at 5.5 EH/s from previous guidance of 3.7 EH/s
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper
15.4.2022
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding...
Bitcoin Miner Marathon on Track to Meet Its Hashrate Guidance, Despite Delay
5.4.2022
The miner is hodling all its bitcoins and currently has 9,373.6 bitcoins with a fair market value of approximately $427.7 million
New SEC guidance on accounting and disclosures rankles Commissioner Peirce
31.3.2022
Peirce, sometimes referred to as the Crypto Mom, found the new guidance to be an example of the SEC’s “scattershot and inefficient approach to crypto.”
Bitcoin Miner Greenidge Q4 Revenue Matches Estimate; Reiterates Hashrate Guidance
31.3.2022
The company also said permission for its operations to continue at its New York facility has been delayed again
UK Advertising Regulator Issues 'Red Alert' Guidance on Crypto Ads
22.3.2022
The U.K.'s advertising regulator has issued an enforcement notice to over 50 companies that have advertised cryptocurrency advising them to review their ads to ensure they comply with new guidance
Bitcoin Miner TeraWulf Sets 2022 Hashrate Guidance
18.3.2022
The company, which went public in December and counts among its backers actress Gwyneth Paltron, also said its 2025 expectations remain on track
Bitcoin, Ethereum Technical Analysis: ETH up to 2-Week High Following Fed Rate Hike
17.3.2022
Ethereum climbed to a two-week high on Thursday, as markets continued to react to yesterday’s Fed decision. As expected, the Federal Reserve increased interest rates by 0.25%, whilst providing forward guidance for future hikes. BTC was once again trading above $40,000. Bitcoin BTC...
Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official
17.3.2022
Kenyans are believed to have lost as much as $120 million to cryptocurrency scammers in the last financial year, a government official has said. The official, however, suggested the number of Kenyans losing funds this way can be reduced if the media helps by disseminating the right information....
Treasury Department Issues Guidance on Using Crypto to Evade Sanctions
12.3.2022
The White House said earlier in the day that such guidance would be forthcoming