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Bitcoin price consolidation leans toward ‘another leg higher’

23.10.2021
Bitcoin is a way off from its $67,000 all-time high, but analysts say historical data and fractals point toward “another leg” up

Altcoin Roundup: Holding Bitcoin? Here’s how to put it to work in DeFi

23.10.2021
BTC is back at all-time highs, meaning it’s even easier for holders to capitalize on the lucrative yield opportunities DeFi offers to investors who are willing to stake their tokens

Spanish Banks Interested in Offering Crypto Assets to Their Customers

22.10.2021
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply...

Treasury official acknowledges most crypto transactions are 'legitimate' but still anticipates additional sanctions

21.10.2021
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo

Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

21.10.2021
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting...

Nigerian Agency Refuses Blockchain Start-Up Application — Says Tech Not Recognized by Government

21.10.2021
Nigeria’s company registration agency, the Corporate Affairs Commission (CAC), reportedly rejected an application for registration by a start-up on the basis that blockchain is yet to be recognized by the Nigerian government. Decision Disappoints Blockchain Community According to a report...

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe

21.10.2021
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage...

Treasury Says Crypto Reduces Efficacy of US Sanctions, Seeks More Funding

20.10.2021
The U.S. Department of the Treasury says that the growing use of crypto assets challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions,” the Treasury...

Check These 12 Crypto Regulation Recommendations By Aussie Senate Committee

20.10.2021
The Australian Senate’s Select Committee on Australia as a Technology and Financial Centre has released its final report which includes a set of recommendations for crypto and digital asset regulation. The committee made a series of recommendations to Australian authorities, proposing a wide...

Aussie senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses

20.10.2021
The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners

Gary Gensler Explains Why SEC Approves a Bitcoin Futures ETF

20.10.2021
SEC Chairman Gary Gensler has shared why the U.S. Securities and Exchange Commission (SEC) decided to approve a bitcoin futures exchange-traded fund (ETF) to trade on the NYSE. Meanwhile, the Commission has not approved a spot bitcoin ETF. Why SEC Approves Bitcoin Futures ETF As the first...

SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF

19.10.2021
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines

Celsius responds to NYAG crackdown on crypto lending platforms

19.10.2021
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm

Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law

19.10.2021
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its...

Hindu Paramilitary Group Calls on Indian Government to Regulate Cryptocurrencies

19.10.2021
Hindu nationalist group Rashtriya Swayamsevak Sangh (RSS) has called on the Indian government to regulate cryptocurrencies. “The government has to ensure that it is regulated in the larger interest of the society,” the group reportedly said. Rashtriya Swayamsevak Sangh Calls...

Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report

19.10.2021
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for...

NY Attorney General Targets 5 Crypto Companies: 2 Lending Platforms Ordered to Shut Down

19.10.2021
New York Attorney General Letitia James has ordered two cryptocurrency lending platforms to shut down and requested three other platforms to answer questions regarding their activities immediately. The letters to the companies published on the attorney general’s website indicate that the...