Binance receives green light for crypto services in Dubai
The new MVP License is a transition from a Provisional License received earlier this year under a new regulatory framework Go to Source Powered by WPeMatico
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US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions
Assistant secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran, and North Korea. Go to Source Powered by WPeMatico
US Treasury plans to ask public if crypto-related regulations are ‘no longer fit for purpose’
The public has until Nov. 3 to submit comments on Treasury addressing ransomware attacks, illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy. Go to Source Powered by WPeMatico
Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the … Read more
Crypto market bloodbath leads to $432M in liquidation
The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years. Go to Source Powered by WPeMatico
Blockchain Association calls White House’s crypto framework a ‘missed opportunity’
Critics claimed the Biden administration’s reports focused on environmental concerns over crypto’s energy consumption and illicit uses rather than the technology’s benefits. Go to Source Powered by WPeMatico
Crypto for foreign trade: What do we know about Iran’s new strategy
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto. Go to Source Powered by WPeMatico
Hyperledger announced new members at commencement of global forum
The group said the addition of its newest members will introduce a diversity of innovations and accelerate the development of decentralized technologies. Go to Source Powered by WPeMatico
Russia aims to set rules for crypto cross-border payments by year’s end
Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said. Go to Source Powered by WPeMatico
UK economic secretary commits to make country a crypto hub under new PM
“We want to become the country of choice for those looking to create, innovate and build in the crypto space,” said MP Richard Fuller. Go to Source Powered by WPeMatico