Search
Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers
17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...
All of South Korea’s Crypto Exchanges Fail their Regulatory Audits
17.8.2021
South Korean crypto exchanges have been dealt another crushing blow – with all of the nation’s trading platforms failing their regulatory “consulting” audits.
The development will not bode well for the sector with just over a month to go until new regulations kick in – with even the “big four”...
DBS wins regulatory approval in Singapore for crypto payment services
12.8.2021
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin
Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’
11.8.2021
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance...
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework
10.8.2021
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the Blockchain Association of Uganda (BAU) has said. The member, Suleiman Murunga, explains that such a framework “will create investor confidence...
An Ethereum blockchain upgrade, crypto regulatory battles, and Bitcoin price discussion: Hodler’s Digest, Aug. 1-7
7.8.2021
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...
Binance Restricts Crypto Derivatives Products in Hong Kong, Existing Positions Have 90 Days to Close
7.8.2021
Fresh off the heels of Binance’s last announcement to discontinue crypto derivatives offerings in Germany, Italy, and the Netherlands, the company revealed on Friday crypto derivatives products in Hong Kong will cease as well. Effective immediately, users won’t be able to open...
Billionaire 'Most Intrigued' By Crypto Despite Regulatory Pushback + More News
6.8.2021
Regulatory clarity for crypto would take 3 to 5 years, FTX CEO says
3.8.2021
FTX CEO Sam Bankman-Fried expects the governments to take a clearer stance in the next 3 to 5 years and wishes to become a part of the discussions with the regulators “to build out this regime.”
Singapore grants first regulatory in-principle approval to crypto exchange
3.8.2021
Independent Reserve gets the first in-principle approval that gives hope to around 170 crypto exchange applicants waiting to receive an official operating license in Singapore
SEC chair wants robust crypto regulatory regime for the US
3.8.2021
America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings and includes markets like lending and DeFi
Binance Discontinues Futures and Derivatives Products in Germany, Italy, and the Netherlands
3.8.2021
Binance, the leading cryptocurrency exchange by trading volumes, announced it is discontinuing its derivatives and futures products in Germany, Italy, and the Netherlands. This is likely the consequence of the regulatory crackdown that governments all over the world have exerted on Binance lately....
Korean Regulator to Shut Down 11 Cryptocurrency Exchanges Ahead of Regulatory Deadline
3.8.2021
South Korea’s top financial regulator will shut down 11 cryptocurrency exchanges allegedly engaged in fraudulent bank account schemes, local media reported. Meanwhile, the deadline for all crypto exchanges to comply with the country’s regulation is drawing near and most of them have...
BlockFi faces regulatory heat, a sign of possible crypto lending regulations?
1.8.2021
The crypto lending giant BlockFi is facing regulatory scrutiny from a handful of states in America ahead of a proposed public listing
Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox
1.8.2021
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital currency. The new legislation, which aligns Ukrainian regulations with EU rules, will also stiffen authentication requirements for clients of payment service providers....
India Reportedly Investigating Binance in Chinese Money Laundering Case
1.8.2021
Indian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global...
Okcoin secures regulatory approval in Malta and the Netherlands
29.7.2021
CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans
Bitcoin is a Victim of a Regulatory Crackdown on Chinese Miners; What’s Next?
29.7.2021
Bitcoin (BTC/USD) made a low of around $29927.00, below $30000 on June 22, for the 1st time since January of 2021 amid a growing globally synchronized regulatory crackdown on Cryptos especially in China, where authorities in certain provinces ordered Bitcoin mining projects to close. As...
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
29.7.2021
Mutual funds provider ProFund aims to enable crypto exposure for investors without actually buying Bitcoin