Russian Bitcoin critic says he would have bought BTC for 100 rubles
One of the biggest Bitcoin critics, Russian official Anatoly Aksakov said he wanted to buy Bitcoin before the ban but the price was too high. Go to Source Powered by WPeMatico
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Bitcoin’s rising popularity will lead to more regulation, says Riksbank
Riksbank Governor Stefan Ingves says there’s “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline. Go to Source Powered by WPeMatico
Bank account flows for South Korean crypto exchanges surge 40% since 2020
Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter. Go to Source Powered by WPeMatico
Indian central bank clarifies regulations as local banks shun crypto
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. Go to Source Powered by WPeMatico
Japanese watchdog issues warning to crypto derivatives exchange Bybit
The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. Go to Source Powered by WPeMatico
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory Service Takes Responsibility for Crypto Sector in Korea It took the government months to … Read more
Is crypto approaching its ‘Netscape moment?’
The world of cryptocurrency shares a similar template to the emergence of the World Wide Web back in the 1990s. Go to Source Powered by WPeMatico
Crypto firms not meeting AML standards, says UK minister
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year. Go to Source Powered by WPeMatico
Shutting down Bitcoin is impossible, Ark Investment founder says
Multiple efforts to ban Bitcoin couldn’t stop the largest cryptocurrency from becoming a $1-trillion asset earlier this year. Go to Source Powered by WPeMatico
Korean gov’t clarifies crypto regulatory roles of different agencies
After some confusion, South Korea’s government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities. Go to Source Powered by WPeMatico