Search Results for: regulate stablecoins

Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner

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Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the upcoming Bitcoin Cash network upgrade on May 15. One of the most talked about improvement proposals set to go through on that date —…

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

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Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapur, el Reino Unido., y el…

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

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Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the…

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

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Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares…

UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization

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Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the U.K. without authorization. “Almost all firms and individuals offering, promoting or selling financial services or products in the U.K. have to…

Circle CEO, Paxos, and Trueusd Speak on Binance’s Stablecoin Auto-Conversion Decision

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En septiembre 5, Binance explained that it planned to drop a number of usdc trading pairs and auto-convert specific stablecoin balances into busd by September 29. While the move was controversial among crypto proponents on social media, Circle Financial CEO Jeremy…

El emisor de Stablecoin Tether no congelará las direcciones de efectivo de Tornado, Dice que la congelación prematura podría poner en peligro las investigaciones

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While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company would not “freeze Tornado Cash addresses.” Atar’s recently published blog post…

Celsius aprobado para vender Bitcoin minado, Cliente que perdió 50,000 USDC insiste en que sus monedas estables reguladas deben ser tratadas de manera diferente

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En Agosto 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attorney detailed that Celsius has been offered cash…

La estrella de Shark Tank, Kevin O'Leary, compra Bitcoin Dip: dice que Crypto "necesita desesperadamente una política"

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Tanque de tiburones estrella Kevin O’Leary, pero señor. Maravilloso, says he has bought the dip during the recent cryptocurrency market sell-off. agregó: “Now crypto itself desperately needs policy. It needs regulation.” Kevin O’Leary Buys the Dip, Comments on Bitcoin Price Kevin…

European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

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Europa’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets…