Search Results for: Week in Review

NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry

by

The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory certainty to the digital asset industry because clear…

Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot

by

ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead…

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

by

Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally….

100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation

by

More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and…

Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets

by

On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned…

Ex-Head оf Wex Crypto Exchange Reportedly Arrested in Poland, Faces Extradition to Kazakhstan

by

Dmitry Vasiliev, former chief executive of Russian cryptocurrency exchange Wex, has been detained in Warsaw, the Polish press reported. Vasiliev is wanted in Kazakhstan where he is accused of fraud related to the now defunct trading platform, successor of the infamous…

Opensea NFT Marketplace Claims Employee Profited From Insider Information

by

On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before…