Former Chancellor says UK is falling behind on crypto opportunity
The former chancellor said there was a particular lack of regulatory structure in regards to digital asset trading. Go to Source Powered by WPeMatico
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Canadian regulator takes enforcement actions against Bybit and Kucoin
“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC. Go to Source Powered by WPeMatico
Colombia’s new president seems to be a fan of Bitcoin
“Virtual currency is pure information and therefore energy,” said Gustavo Petro in 2021, in regards to mining crypto in Colombia. Go to Source Powered by WPeMatico
Chinese court invalidates 2019 car sale made using now worthless crypto token
It appears that not only was the sales contract invalidated, but the buyer paid for the car with a questionable digital token in the first place. Go to Source Powered by WPeMatico
Russian Finance Ministry Rules Out Sale of Oil for Bitcoin
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency … Read more
Crypto’s uses and misuses: Binance-Reuters quarrel raises questions
Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector? Go to Source Powered by WPeMatico
Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together. Go to Source Powered by WPeMatico
Regulations and exchange delistings put future of private cryptocurrencies in doubt
At a time when privacy tools and coins have become the primary target of regulators around the world, the future of privacy-focused coins looks obsolete. Go to Source Powered by WPeMatico
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.” Go to Source Powered by WPeMatico
EU commissioner reiterates need for ‘regulating all crypto-assets’
Mairead McGuinness said that she planned to discuss a compromise through the MiCA proposal currently under review in the EU. Go to Source Powered by WPeMatico