Gibraltar rolls out new virtual asset regulation to combat market abuse
The document will require crypto companies to seek and prevent insider trading and market manipulation. Go to Source Powered by WPeMatico
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Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained. Kraken Establishes Middle East … Read more
US Senate confirms Lael Brainard as Fed vice chair
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years. Go to Source Powered by WPeMatico
City of Fort Worth votes in favor of Bitcoin mining program
“We are going to become the first city in the world to mine Bitcoin here on site at city hall,” said Fort Worth Mayor Mattie Parker. Go to Source Powered by WPeMatico
New York legislators to vote on PoW mining moratorium this week
If passed, the suspension of both new licenses and renewal applications will last for two years. Go to Source Powered by WPeMatico
ECB needs ‘globally coordinated regulatory action’ on crypto, says official
One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal.” Go to Source Powered by WPeMatico
US Treasury’s OFAC Adds 3 ETH Addresses Linked to North Korean Cybercrime Group to SDN List
The Office of Foreign Asset Control (OFAC) has added three ethereum addresses to its Specially Designated Nationals And Blocked Persons List (SDN). OFAC alleges the ether addresses are controlled by the Lazarus Group, a cybercrime group that is associated with North Korea. Lazarus Group Behind Axie Infinity Heist The U.S. Treasury Department’s OFAC has added … Read more
Latam Is a Hotbed of Opportunities for Crypto Companies, According to Ripple
Ripple, the cryptocurrency and payments company, has issued an article examining the opportunities that Latam brings for crypto companies as its regulated payments rails come to crypto. While the region faces some obstacles due to its economic traits and the dominance of centralized banks, the organization believes there is a lucrative opening for companies partnering … Read more
Monero ‘falling wedge’ breakout positions XMR price for 75% rally
The bullish setup emerges as Monero gears up to undergo a major hard fork in July 2022. Go to Source Powered by WPeMatico
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian Finance Minister Nirmala Sitharaman to discuss crypto regulation. IMF’s Chief Comments on Indian … Read more