Chinese regulators unite forces to crack down on crypto
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto. Go to Source Powered by WPeMatico
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UAE regulators approve crypto trading in Dubai free zone
Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals. Go to Source Powered by WPeMatico
CFTC commissioner: agency doesn’t have enforcement resources without Congress
“We’re not necessarily looking for more authority without more resources,” said Dan Berkovitz in regards to crypto markets. Go to Source Powered by WPeMatico
Thai SEC issues license to Ethereum-based real estate project
The firm uses the Ethereum blockchain to allow traders to invest as little as $150 in expensive real estate properties. Go to Source Powered by WPeMatico
Canadian politician says he supports Bitcoin as federal election looms
The former cabinet minister, known by some as Mad Max, has been outspoken in his criticism of vaccine mandates, mask mandates, and lockdowns in Canada during the pandemic. Go to Source Powered by WPeMatico
Bybit crypto exchange suspends services in South Korea
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country. Go to Source Powered by WPeMatico
Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia … Read more
President Biden announces picks to fill CFTC vacancies
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote. Go to Source Powered by WPeMatico
Sen. Warren goes after Ethereum network fees in committee hearing
“High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich,” said Senator Warren. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin wallet is ‘95% fixed,’ President Bukele says
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. Go to Source Powered by WPeMatico