A New York Bill is seeking to prohibit crypto mining in the state for three years. This bill was proposed by the Environmental Conservation Committee […] …
Tag: Regulation
The MHC Digital Asset Account Launches To Combat Volatility In Bitcoin
[PRESS RELEASE – Please Read Disclaimer] Backed by venture capitalist Mark Carnegie of MH Carnegie & Co., in partnership with leading worldwide blockchain expert Sergei Sergienko Marks the entry of traditional finance to the growing asset class of cryptocurrency, blockchain and DeFi Steppingstone to democratise crypto investing with a listed investment automobile Alternative asset manager […]#@@#@!!…
How could you buy Bitcoin in India?
TL; DR Breakdown • Given that 2018, the RBI provides tried to ban Bitcoin within India. • Bitcoins within India are an alternative investing source. India has been off and on regarding Bitcoin and decentralized currencies in general. The government has issued warnings against crypto investments. Based on this lots of people wonder if their commercialization is definitely legal. History […]#@@#@!!…
In-person KYC to be made mandatory for exchanges in Thailand
TL;DR Breakdown Thailand goes tougher on crypto Crypto stakeholder raise concern over rigid regulation Financial regulators in Thailand are completing the paperwork to ensure that in-person KYC (Know Your Customer) are mandatory for crypto exchanges in the Asian country. This attempt is basically to tighten restrictions surrounding creating a new account at crypto-asset exchanges. Per […] …
6 imprisoned in connection to Chicken crypto exchange fraud
TL; DR Breakdown Six imprisoned in aftermath of Thordex trade heist Turkey deploy hunt team to arrest absconding Thordex exchange CEO Six people have been found accountable and subsequently jailed for role in the Thordex crypto exchange heist, an European crypto firm that committed an exit scam and absconded with users discovered worth several U. S. […]#@@#@!!…
Uzbekistan mulls lifting ban upon cryptocurrency
TL; DR Breakdown NAFT might be ready to legalize crypto trading How crypto regulation continues to be fluctuating in Uzbekistan Regulators in former Soviet republic Uzbekistan are beginning to discuss lifting the ban placed on investing and using cryptocurrencies in the country. This really is according to the National Project Management Agency of the Presidency of the Republic […]#@@#@!!…
Ripple’s Garlinghouse Says Lack Of Clarity In U.S. Regulation Of Crypto Is “Frustrating” – Laments On XRP’s ‘Currency Status’
Of the many hurdles that the cryptocurrency industry in various parts of the world has to contend with, regulation is perhaps one of the biggest. This is because a single piece of regulation can stifle the entire industry or can propel it to new heights. As a result of this, crypto enthusiasts have put in […] …
BaFin States that Binance Stock Tokens Could Violate Securities Laws
German’s regulator has stated that Binance Stock Tokens could go against security laws in the country. The product could be missing a few legal requirements. […] …
Binance Stock Tokens Could Break Securities Laws, German Limiter Says
The Binance Stock Tokens are a success, but this product could be lacking a few legal checkboxes ha sido according to German regulators….
Turkey to go tough on crypto after exchange scam
TL; DR Breakdown Turkey to visit tougher on crypto Why strict crypto regulation within Turkey now? The government in Turkey are beginning to explore the way to improve regulation around cryptocurrencies after two exchange companies in quick successions apparently defrauded users of their systems. An exchange in the country, Vebitcoin, has its CEO İlker Baş in police […]#@@#@!!…
Turkey Looking To Establish Central Bitcoin Custodian Bank Following The Sudden Collapse Of Two Crypto Exchanges
The last week has been an interesting one in the Turkish crypto space. Two of the biggest exchanges in the country, Vebitcoin, and Thodex shut down following allegations of mismanagement and a change in the current financial landscape. Many Turkish nationals who had been turning to cryptocurrency after the Lira, Turkey’s native currency, saw a […] …
Turkey Rules Out Blanket Crypto Ban, Plans To Regulate Sector
After news broke out about two weeks ago that the Turkish government had planned to ban the use of cryptocurrencies for payments, there were speculations […] …
Southern Korea says it may close all crypto exchanges in the united states
TL; DR Break down Eun Sung-soo says all of the crypto exchanges in Southern Korea could be shut down Below new regulation, crypto trades must register with the commission rate The chairman of South Korea’ s Financial Services Commission rate, Eun Sung-soo, has said the country might have to shut all 200 crypto exchanges by September. He made the remarks at a […]#@@#@!!…
Every 200 South Korean Trades May Shut Down Says Limiter
The 200 crypto exchanges in Southern Korea may face drawing a line under by September as per Eun Sung-soo, the chair of South Korea’ s Finance Commission. The decision would be in line with the new anti-money laundering laws(AML) that came into force this past year and also included cryptocurrencies. As per new regulations, crypto exchanges operating in the country The particular post Many 200 South Korean Exchanges May Shut Down Says Regulator appeared very first on Coingape . …
Ripple XRP vs. US SEC: How It Started, Where It’s Going, And Why It Matters
Here’s how it all started: About four months ago, the securities regulatory arm of the US sued Ripple Labs on the count of three charges: ⮚ ‘Raising capital to the tune of $1.3 billion via a secret sale of large undocumented digital currencies to customers. This had gone on for over eight years.’ ⮚ ‘Allegedly issuing an […] …
Indian may give crypto holders a good “exit window” in case of Bitcoin ban
India’s authorities are currently discussing the possibility of providing an “exit window” that would allow crypto holders to eliminate their assets ahead of the potential ban on all “private” digital currencies, The Indian native Express reported today. The post India may give crypto holders an “ exit window” in case of Bitcoin ban made an appearance first on CryptoSlate . …
63% Of U.S. Adults Are Interested In Crypto Investing, Finds Gemini Survey
Approximately 63% of US adults are curious about cryptocurrencies, according to a new report from the Gemini cryptocurrency exchange. The report surveyed over 921 cryptocurrency owners and 3,000 consumers to find out about the consumer trends in the U.S. crypto market. More Women Than Men Are Among The “Crypto-Curious” The findings of the survey show […] …
63% Of U.S. Adults Are Interested In Crypto Investing, Finds Gemini Survey
Approximately 63% of US adults are curious about cryptocurrencies, according to a new report from the Gemini cryptocurrency exchange. The report surveyed over 921 cryptocurrency owners and 3,000 consumers to find out about the consumer trends in the U.S. crypto market. More Women Than Men Are Among The “Crypto-Curious” The findings of the survey show […] …
G7 Seeks Crypto Regulation, German Finance Minister Blasts Libra Yet Again
Olag Scholz, the Finance Minister of German, is a man that has taken a very hardline stance against Libra, the crypto project of Facebook, for […] …