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Clarity needed on crypto lending regulations - UK Law Commission

5.7.2023
The Law Commission’s recommendations highlights the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations

UK government moves forward on bill aimed at empowering authorities to seize crypto

4.7.2023
Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law

The High Rate Environment — Bank of America Faces Paper Losses Exceeding $100 Billion

4.7.2023
Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit Insurance Corporation (FDIC) reporting that...

UK financial watchdog reminds crypto firms of October deadline for marketing compliance

4.7.2023
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime

China to tighten control on exports of AI chip-making materials

4.7.2023
The Chinese government has announced that it plans to control the export of gallium and germanium products that are heavily used to produce semiconductors

Crypto firms won't leave US despite apparent hostility: Merkle Science CEO

4.7.2023
Merkle Science CEO Mriganka Pattnaik has offered a “contrarian” take, explaining that crypto firms won't be vanishing from the United States anytime soon

Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations

3.7.2023
According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the United States, and users will need to sell the three tokens by September 18th....

UK Law Commission recommends 'distinct' legal category for crypto

3.7.2023
The U.K.’s Law Commission highlights four major recommendations to reform laws relating to cryptocurrency use and ownership

Bitcoin, Ethereum Technical Analysis: ETH Nears $2,000, Ahead of US Independence Day

3.7.2023
Ethereum moved closer to $2,000 on Monday, as markets prepared for a short, but busy week of U.S. economic data. This is due to the fourth of July Independence Day celebrations, which will see some markets in the United States closed. Once reopened, the FOMC minutes, and non-farm payrolls report...

Bittrex challenges SEC's authority in crypto lawsuit, seeks dismissal

2.7.2023
Bittrex has adopted a similar approach to Coinbase, aligning its arguments closely with those made by the larger cryptocurrency exchange

Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July

1.7.2023
Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also rebounded, after falling below $30,000 on Friday....

Kraken ordered by court to disclose user data to IRS for tax compliance

1.7.2023
Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year

Bitcoin, Ethereum Technical Analysis: BTC Remains in the Green, Ahead of US Consumer Sentiment Report

30.6.2023
Bitcoin remained close to the $31,000 level on Friday, as momentum in the market continued to be bullish heading into the weekend. This comes ahead of the anticipated consumer sentiment report from the United States, which is expected to show an increase in overall consumer confidence. Ethereum...

Revolut US to delist ADA, MATIC and SOL in September

30.6.2023
Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September

United States of Crypto calls for an update

30.6.2023
Impact Research recently conducted a study on behalf of Coinbase, revealing the sentiments of Americans toward cryptocurrency and blockchain. A brief explanation is that the people in the US find the aging financial system outdated. They majorly see crypto and blockchain as something new that will...