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Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law
13.3.2024
Russian President Vladimir Putin signed a law allowing firms in the country to use digital financial assets including the digital ruble in international payments on March 11.
The post Putin Signs ‘CBDC, Digital Assets Payments’ Bill into Law appeared first on Cryptonews
Thailand SEC Clears Path for Accredited Investors to Dive Into US Bitcoin ETFs
12.3.2024
Thailand's securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. Access to these funds will be restricted to institutional investors and individuals with ultra high net-worth.
The post Thailand SEC Clears Path for Accredited...
UK Financial Watchdog Limits UK Crypto ETNs to Professional Investors Only
11.3.2024
The UK's financial regulator will allow recognized exchanges to launch crypto asset exchange-traded notes. Only professional investors, like investment firms and authorized credit institutions, will have access to these products.
The post UK Financial Watchdog Limits UK Crypto ETNs to Professional...
Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
7.3.2024
Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken
Grayscale Advisors release the firm’s very first crypto fund
6.3.2024
Grayscale Advisors recently launched its first actively managed crypto fund. Named Grayscale Dynamic Income Fund, the scheme will optimize staking income from crypto. The fund will distribute these staking rewards in USD every quarter. With the announcement, Grayscale also reminded customers that...
State Duma Approves Use of Russia’s Digital Assets in International Settlements
29.2.2024
State Duma lawmakers have signed off on a bill that will let Russian firms and their partners use the digital ruble and “digital assets” in international settlements.
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Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution
28.2.2024
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution.
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Spain’s Regulator Flags 3 Crypto Firms Over Unregistered Status
27.2.2024
Spain’s financial regulator warned investors of 18 companies offering services in the country despite registration issues.
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Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments
26.2.2024
Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.
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Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power
23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms.
The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...
Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering
23.2.2024
Security tokens are set for a boost in Japan, where business giants including Mitsubishi UFJ, Mizuho Bank, and Rakuten will launch an offering that pays interest in “electronic money.”
The post Japanese Mega-firms Mitsubishi UFJ, Rakuten, Mizuho to Launch Security Tokens Offering appeared first...
Nigeria Asks Telcom Firms to Restrict Access to Binance, Coinbase Websites – Here’s Why
22.2.2024
Crypto exchange behemoths are facing serious scrutiny in Nigeria, as the country aims to clampdown crypto transactions. The government has directed telcoms to prevent access to crypto websites such as Binance, Coinbase and OctaFX.
The post Nigeria Asks Telcom Firms to Restrict Access to Binance...
Switzerland Is Now ‘Home to 13 Crypto Unicorns’ – Report
21.2.2024
Crypto “unicorns” are springing up in Switzerland, with a recent report claiming the nation is now home to 13 token-related firms worth $1 billion or more.
The post Switzerland Is Now ‘Home to 13 Crypto Unicorns’ – Report appeared first on Cryptonews
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
20.2.2024
Hong Kong's central bank issued guidance for authorized institutions interested in providing custody services for digital assets
Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
19.2.2024
Japan's cabinet approved a bill adding crypto to the list of assets the nation's investment funds and venture capital firms can acquire
Japanese Government Plans to Relax VC Crypto Investment Rules
19.2.2024
VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...
Bitcoin Mining Firms Terawulf and Cleanspark Ramp up Hashrates, Boost Financial Footing
16.2.2024
This week witnessed significant expansions in the bitcoin mining sector, with two leading firms unveiling substantial increases in their operational hashrate. Terawulf disclosed that its self-mining business has escalated to 7.6 exahash per second (EH/s) this month. Concurrently, Cleanspark...
FCA Reviewed 44 Crypto Firms Registered in UK For Anti-Money Laundering Purposes
14.2.2024
The Financial Conduct Authority (FCA) has conducted internal reviews on 44 cryptocurrency firms registered in the country to tackle money laundering concerns. In a Feb 14 release, the regulator highlighted key areas in the UK markets including digital assets regulations. Last year, the FCA carried...
Crypto Exchanges Reported Over 16,000 Flagged Transactions to South Korean Authorities
14.2.2024
South Korean crypto exchanges reported over 16,000 transactions to local authorities in 2023, an increase from previous years. The Financial Intelligence Unit (FIU) released a breakdown of its efforts to tackle money laundering and other illegal financial threats involving crypto assets....
Singapore’s Web3 Firms Call for Budget Support to Boost Talent and Security
13.2.2024
With the 2024 Budget announcement on the horizon, Singapore’s web3 community is voicing a critical need for government support. According to a recent report by The Straits Times, the Singaporean firms are specifically looking for help in two key areas: developing a skilled talent pool...