Ukraine demands local crypto businesses to provide financials
Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said. Go to Source Powered by WPeMatico
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Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected
“As president, on day one, CBDC goes into the trash can — we’re not going to allow it,” said Ron DeSantis at a New Hampshire campaign event. Go to Source Powered by WPeMatico
Hydropowered crypto mining gets nod from Kyrgyz president: Report
Kyrgyz President Sadyr Japarov promised to distribute money from crypto mining at the hydropower plant to “ordinary people.” Go to Source Powered by WPeMatico
Hong Kong and Saudi Arabia collaborate on tokens and payments
The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since. Go to Source Powered by WPeMatico
US lawmakers invoke FTX and spar on direction of crypto bills
On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in the space. Go to Source Powered by WPeMatico
Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets. Go to Source Powered by WPeMatico
XRP court ruling marks milestone, but new crypto law could take years
Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework. Go to Source Powered by WPeMatico
US state agency issues alert on crypto fraud happening over social media
Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. Go to Source Powered by WPeMatico
UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments. Go to Source Powered by WPeMatico
US law protects institutions and exposes retail investors — Rep. Torres
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling. Go to Source Powered by WPeMatico