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EU starts countdown to crypto legislation, adds MiCA to official journal
9.6.2023
MiCA, which comes into effect by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states
MOON Coin Shoots Up 1,000% After Launch and Crypto Experts Say Wall Street Memes Will Be the Next Crypto to Explode – Here's Why
9.6.2023
As crypto markets come to the close of a tumultuous week, the meme coin vertical continues to skyrocket, as capital flees SEC enforcement actions, and in latest pump MOON coin has surged +1,000%.
The huge upside move comes as the meme coin narrative resurges, earlier in the year a sensational meme...
Crypto Exchange OKX Burns $258M of OKB Tokens in Record Move
9.6.2023
OKX periodically buys back and burns the tokens to gradually reduce their supply on the open market
Crypto Relief receives $100M from Vitalik Buterin & Sandeep Nailwal
9.6.2023
Crypto Relief, a community-run fund delivering relief, recently received a $100 million grant from Vitalik Buterin. This was announced by Vitalik while acknowledging that the project was jointly discussed with Sandeep Nailwal. Vitalik added that they agreed that follow-through funds were indeed...
ARK Invest Buys $19.9 Million Block Shares as Cathie Wood Stands Firm on Crypto
9.6.2023
Cathie Wood's Ark Investment has purchased around $20 million worth of Block shares as the crypto investment firm stand remains committed to crypto.
According to data provided by ARK Invest Daily Trades, ARK Invest acquired a total of 305,573 shares of Block across six intervals between June...
Report: Pan-African Crypto Exchange Mara Lays Off Majority of Employees
9.6.2023
African crypto exchange Mara has not only parted ways with a reported 85% of its staff but has cut the salaries of workers that have remained. Although Mara has cast the layoffs as an exercise which aims to remove redundant roles, former employees have said the startup’s ballooning marketing...
Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’
9.6.2023
Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits...
EU’s Landmark Crypto Law MiCA Published in Official Journal
9.6.2023
The procedural move means landmark licensing, stablecoin and anti-money laundering rules apply as of December 30, 2024
Ukraine Central Bank Details Crypto Regulation Plans – Will ‘MiCA Move’ Suit Kyiv?
9.6.2023
The Ukrainian central bank has explained its vision of crypto regulations, with the nation looking to move closer to EU models.
Informator reported that the National Bank of Ukraine (NBU) wants to regulate the “cryptoassets market” in line with “European standards.”
The NBU, the National...
Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares
9.6.2023
Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs
FTX argues releasing ‘valuable’ customer list will harm its sale value
9.6.2023
Releasing the nine million-strong list of customers would “impair” the ability to maximize value for FTX creditors, a banker for the exchange said
Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’
9.6.2023
In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of turning Bitcoin into a “secular cult”...
Biggest Bank in Australia to Limit Transfers to Crypto Exchanges
9.6.2023
Commonwealth Bank of Australia plans to restrict payments to crypto trading platforms, citing the threat of scams. The measure would deal another blow to digital asset exchanges operating in the country where it has been getting harder to deposit funds for cryptocurrency operations. Crypto Traders...
Vitalik Buterin and Polygon co-founder to help send $100M toward COVID-19 research
9.6.2023
Research into “Long COVID” and furthering medical infrastructure development will be the two main focus areas for Buterin
Crypto Card Adoption Rising in Brazil, Say Issuers – LATAM Taking to Crypto?
9.6.2023
Crypto credit card adoption is on the rise in Brazil, issuers have claimed, with more Latin American users than ever reportedly buying and spending tokens.
Per the Brazilian media outlet Livecoins, Brazilians are not just buying crypto, but also using coins, instead of fiat, to pay in stores.
The...
Best Crypto to Buy Now 8 June – Stacks, Lido DAO, Bitget
9.6.2023
U.S. Securities and Exchange Commissioner Chair Gary Gensler emphasized the importance of regulatory compliance in the crypto industry today at the Piper Sandler Global Exchange & FinTech Conference, rejecting any idea of preferential treatment for cryptocurrencies.
He challenged claims...
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
Crypto custodian BitGo signals intent to acquire Prime Trust
9.6.2023
Should the deal go through, Prime Trust’s infrastructure will “map over 1:1” with BitGo’s services, and add another trust company and crypto IRA fund
SEC Chair Gensler Rebuts Claims Crypto Exchanges Lacked ‘Fair Notice,’ Affirms ‘Majority’ of Tokens Are Securities
9.6.2023
U.S. Securities and Exchange Commission Chair Gary Gensler discussed crypto exchanges and digital currencies at the Piper Sandler Global Exchange & Fintech Conference. He insisted that there is “nothing about the crypto securities markets that suggests that investors and issuers...
Binance humilated, HK needs 100K crypto workers, China’s AI unicorn: Asia Express
9.6.2023
Hong Kong needs 100K crypto people STAT, AliExpress’ NFT drop censored, Binance humiliated on China TV, AI unicorn grows in 100 days