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Crypto Can't be Stopped, but Must be Regulated, Indian Lawmakers Conclude
16.11.2021
The latest meeting - that had India’s parliamentary standing committee on finance discussing crypto-related issues with the industry’s representatives for the first time - saw the lawmakers concluding that it was impossible for the authorities to stop the crypto sector’s growth in the country,...
Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto Market
16.11.2021
Crypto exchange Huobi Global’s own cryptocurrency huobi token (HT) rose in an otherwise red crypto market today, before falling along with the rest of the market. The changes follow news that Huobi is moving its spot trading services to Gibraltar....
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China warns state-owned enterprises to cease involvement in Bitcoin mining
16.11.2021
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies
BTC Markets hires former ASX and Tyro executives to advisory board
16.11.2021
David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets
Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now
16.11.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at...
President Biden signs infrastructure bill into law, mandating broker reporting requirements
15.11.2021
Crypto was absent from every speaker's lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon
Crypto mining stocks dip as SEC issues subpoena for Marathon Digital mining facility
15.11.2021
Share prices of Marathon Digital stock dropped, as did those from major crypto mining firms including Riot Blockchain, Bitfarms, Bit Digital, and Hut 8
Law Decoded: Crypto cities, investor protection nation, Nov. 8–15
15.11.2021
Major U.S. cities embrace crypto as federal regulators remain much harder to bring around
London assembly member calls for ban on crypto ads in trains and buses
15.11.2021
The lawmaker said that she wasn’t specifically targeting memecoin Floki Inu in the push for this crackdown, but rather as one of three current crypto advertising campaigns on London's public transport
Indian Parliament Committee Discusses Crypto Regulation With Industry Experts
15.11.2021
India’s parliamentary committee on finance has held a meeting with representatives from the crypto industry and other stakeholders on cryptocurrency and its oversight. “There was an understanding that cryptocurrency can’t be stopped but it must be regulated”...
Cameroon to Hold Workshop Examining Challenges and Risks of Using Cryptocurrencies
15.11.2021
The government in Cameroon, which is reportedly keen on regulating cryptocurrencies, is set to hold a workshop that will look at the challenges and risks of using such digital currencies in the country. Proliferation of Scams According to a report by Business in Cameroon, the workshop, which is...
All-Time High Weekly Close for Bitcoin Boosts Sentiment as 2022 Nears
15.11.2021
The bitcoin (BTC) price closed last week above the USD 65,000 mark, the highest level ever for the cryptocurrency. The new milestone boosted sentiment among bitcoin holders, with many being optimistic that bullish predictions for the remainder of 2021 will come true....
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Floki Inu’s London Ad Campaign Draws Green Party Politician’s Ire
15.11.2021
A massive advertising campaign in London launched by Floki Inu (FLK), a memecoin named after Tesla chief Elon Musk’s Shiba Inu dog, has pushed some local politicians to demand a ban on ads featuring unregulated financial products displayed by Transport for London (TfL)....
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Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’
15.11.2021
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there is a variety of different regulators in the U.S., CEO Brian Armstrong explained, noting that Coinbase...
Santander Prepares to Offer Bitcoin ETF in Spain
14.11.2021
Santander, a leading financial institution in Spain, is preparing to offer a Bitcoin ETF to its customers in the country. This, while Spanish asset managers have been largely reluctant to embrace crypto products as part of their investment portfolio offerings to customers. Santander Bitcoin ETF...
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
14.11.2021
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years...
Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining
13.11.2021
Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists...
SEC rejects VanEck’s spot Bitcoin ETF as BTC price falls below $63K
12.11.2021
The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.”
AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News
12.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ...
Read More: AMC Starts Accepting Crypto, Regulatory Meetings, Bitcoin Mining Difficulty + More News
USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
12.11.2021
"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said