Search Results for: regulatory

US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters

kõrval

USA. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges….

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

kõrval

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector…

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

kõrval

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, Kanada, European Union countries, Singapur, the U.K., ja…

SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023

kõrval

2023 is shaping up to be a painful year for the U.S. Väärtpaberi- ja börsikomisjon (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce…

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

kõrval

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share…

Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

kõrval

Kolmapäeval, Tom Emmer, USA. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry…

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

kõrval

Esmaspäeval, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be…

Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

kõrval

According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” ja “krüpto talv” as some of the reasons…

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

kõrval

According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the…

Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison

kõrval

Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. Lisaks, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced….