2023-9-6 20:28 |
Growing operational costs, lack of trust, and legal scrutiny mark massive losses for crypto market makers
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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The bankruptcy cases in the crypto industry have turned into a windfall for lawyers, who've netted over $700 million in fees. However, this boon for legal professionals exacerbates the tension between cryptocurrency's democratic ethos and the stark reality faced by its amateur investors.
2023-9-5 16:30 | |
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The need for legal clarity has become paramount in the ever-evolving landscape of cryptocurrency, where innovation meets regulation. The recent legal battles involving major crypto exchanges and regulatory authorities underscore the importance of obtaining comprehensive legal opinions for token projects.
2023-9-2 16:12 | |
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Cryptocurrency is now legal property under Chinese law, at least in theory. But a crackdown on crypto entrepreneurs continued unabated. The post China’s Rulers Give Mixed Signals on Crypto’s Legal Status appeared first on BeInCrypto.
2023-9-2 22:56 | |
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As the contentious legal spat between Ripple and the U.S Securities and Exchange Commission (SEC) rages on, the crypto community's anticipation of reaching a potential settlement between the two parties is top of mind.
2022-9-13 22:15 | |
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In a recently released study, crypto legal experts suggest a solution for the potential legal issues surrounding decentralized autonomous organizations (DAO). The post Crypto Legal Experts Suggest Entity That Could Legitimize DAOs appeared first on BeInCrypto.
2021-10-28 10:43 | |
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Coinbase boss Brian Armstrong has expressed his support for Ripple amidst its legal battle with the United States Securities and Exchange Commission (SEC). The latest comments by Armstrong have reignited rumors among the XRP Army that the leading crypto exchange may soon restore XRP trading on its platform.
2021-10-26 14:34 | |
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Bitcoin officially became legal tender in El Salvador on September 7, this year making it the first country to adopt the currency. While the move pushed Bitcoin and the larger crypto market’s narratThe post How developments in El Salvador impact Bitcoin's path to an ATH appeared first on AMBCrypto.
2021-10-19 04:30 | |
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The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.
2021-10-15 22:15 | |
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Key takeaways China’s judiciary is reportedly preparing a legal interpretation of the country’s new crypto regulations to be used in prosecuting defaulters. The new regulations which will reach even foreign entities has crypto-market participants worried.
2021-10-15 21:32 | |
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The adoption of cryptocurrencies is growing rapidly around the world, especially in developing countries. Last month, El Salvador became the world’s first nation to adopt Bitcoin as legal tender alongside the US dollar.
2021-10-12 18:02 | |
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Steve Hanke, a renowned economist and a vocal Bitcoin (BTC/USD) and crypto critic, claims BTC adoption has been troublesome for El Salvador, which recently embraced the digital asset as legal tender.
2021-10-11 14:52 | |
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Event attendees mostly consist of the founders /entrepreneurs, venture and crypto investors, legal advisors and consultants, capital markets representatives, and media outlets from different locations: USA, UK, Europe, Latin America, and Asia.
2021-10-11 08:21 | |
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Like many crypto enthusiasts predicted that several countries would be following in the footsteps of El Salvador in adopting Bitcoin as a legal tender, there are indications that Tonga could be the next, as one of the country’s politicians is busy drafting a bill in that direction.
2021-10-7 04:00 | |
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The IMF has warned of the impending risks associated with the crypto boom. The international financial body has called for increased crypto regulation to maintain financial stability. The IMF had criticized El Salvador’s decision to adopt bitcoin as a legal tender, citing the impact that it could have upon the debt ridden nation. The International […]
2021-10-6 17:45 | |
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Meanwhile, a top Republican in the House of Representatives is proposing a safe harbor bill, “Clarity for Digital Tokens Act of 2021,” to “provide the necessary legal certainty to digital asset projects when they launch.
2021-10-6 16:36 | |
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No one can resist the movement of non-fungible tokens (NFTs), which is expected to be the center point of the metaverse. The latest crypto company to jump is none other than Ripple, which along with its top two executives, is currently fighting a legal battle with the US Securities Exchange Commission (SEC) regarding the sale […] The post Ripple Joins the NFT Trend, Launches a 0 Million Fund to Attract Creators to XRP Ledger first appeared on BitcoinExchangeGuide.
2021-9-29 16:46 | |
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As Bitcoin and other cryptos gain more credence, many top shots in diverse industries embrace the crypto community. Many companies, including Tesla, had accepted BTC payments once, and even a country like El Salvador is now using it as a legal tender.
2021-9-29 17:59 | |
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Chinese top regulators have today released a notice that clarifies their stance on cryptocurrencies. The notice specifies that digital currencies are not legal in the country, with the regulators pledging to crack down on the budding crypto industry.
2021-9-24 17:00 | |
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Speaking on CNBC, SEC Chair Gary Gensler responds to claims made by Coinbase CEO Brian Armstrong that his organization refused to provide clarity and threatened legal action. The post SEC Chair Gensler responds to Coinbase allegations of failing to provide crypto clarity appeared first on CryptoSlate.
2021-9-23 10:00 | |
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This statement comes as the Biden Administration targeted “parasite” exchange and blacklisted it for its role in processing ransomware proceeds. The post Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary first appeared on BitcoinExchangeGuide.
2021-9-22 20:41 | |
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About one in every three Americans living in swing states including Arizona, Texas, Wisconsin, California, Florida, Georgia, North Carolina, Ohio, Pennsylvania, and Virginia, say they want bitcoin (BTC) and other cryptocurrencies to be made legal payment options in their states, according to a report by Newsweek on September 20, 2021.
2021-9-22 00:00 | |
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While Texas has become a hotspot for cryptocurrency mining, it would appear that the state might be ready to take the next step towards crypto embrace. Earlier this week, popular news media Newsweek published the results of a poll it conducted, showing that many Texans are in favor of making cryptocurrencies legal in the country.
2021-9-21 17:00 | |
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Bitcoin has been touted as many things – a store of value, a means of exchange, and crazy magic computer money. Certain South American nations have considered BTC as legal tender. Online retailers are setting up crypto payment options as the most convenient way to trade internationally.
2021-9-21 14:54 | |
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While the SEC’s legal battle against Ripple is the biggest clash between a regulator and a crypto project of this year, it is hardly the only one. In fact, another project — Celsius Network — is pursued by not one, but two regulators from different US states.
2021-9-19 12:32 | |
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The Financial Services Commission (FSC) in South Korea has set a deadline for foreign and local crypto exchanges to register as legal trading platforms. The financial watchdog has set a September 24 deadline for exchanges to comply.
2021-9-17 15:46 | |
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It has been only a little more than a week since El Salvador started recognizing Bitcoin as legal tender, and already, other countries are considering doing the same. Cuba actually became the next one to start accepting cryptocurrencies as a legal payment method as its new regulations took effect.
2021-9-17 11:38 | |
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Crypto is now a legal method of payment for commercial transactions in the Island nation.
2021-9-17 18:14 | |
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Solana (SOL), the seventh-largest crypto by market cap, managed to survive a brutal sell-off last week that coincided with El Salvador embracing BTC as legal tender. SOL Price Resilience Impresses Analyst That flash crash wiped out over $200 billion from the combined global value of cryptocurrencies, sparking fears of a bigger fall. However, SOL defiedRead More
2021-9-15 01:00 | |
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Key takeaways Ukraine is likely to become the next country to adopt Bitcoin as legal tender. Number of countries giving cryptocurrencies legal status is growing after El Salvador adopts Bitcoin. Bitcoin is becoming more of a global phenomenon as more countries are paying attention to adopting it as a currency standard. According to experts, Ukraine […]
2021-9-14 15:42 | |
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Speculations regarding the possible adoption of cryptocurrencies as legal tender all over the world have enhanced the crypto market’s volatility. For that reason, newly launched...
2021-9-13 13:06 | |
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Days after El Salvador became the world’s first country to adopt Bitcoin as legal tender, it hasn’t garnered an endorsement from many crypto proponents. In a recent podcast, business and policy reThe post Is Bitcoin's legal tender status causing 'currency chaos' in El Salvador appeared first on AMBCrypto.
2021-9-12 04:30 | |
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The US Securities and Exchange Commission’s (SEC) rigid approach is being called out by market participants, legal experts and industry insiders, all independently accusing the agency for its autocratic attitude and shortage of communication.
2021-9-10 04:00 | |
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El Salvador officially implemented its bitcoin law in September. Making it the first and only country to have crypto as a legal tender. This represents a big leap in crypto becoming more mainstream.
2021-9-10 20:00 | |
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Cardano Founder Charles Hoskinson recently reflected on El Salvador’s adoption of bitcoin as legal tender urging other countries to follow suit. The post Every Country Needs a Crypto Strategy After El Salvador, Says Charles Hoskinson appeared first on BeInCrypto.
2021-9-9 09:53 | |
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Andy Pickering is here with a weekly crypto market update where we look through the volatile world of crypto Twitter to tease out the most important narratives and data points.
2021-9-16 04:00 | |
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Bitcoin’s price plummeted over 10% on early Tuesday, as El Salvador announced that it would officially accept the major cryptocurrency as the nation’s legal tender. According to CoinMarketCap, Bitcoin’s slump from Monday accelerated as the crypto failed to hold its $50,000 price level — sliding from $51,000 to $44,700 within a single hour.
2021-9-8 01:13 | |
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Gabriel Silver, a member of the Panamanian Congress, has floated a bill designed to make bitcoin (BTC) and other cryptocurrencies legal tender in all sectors of the nation’s economy. The bill also seeks to make Panama a hotbed for blockchain-focused businesses by implementing amenable crypto regulations in the state, according to reports on September 7,Read More
2021-9-8 21:00 | |
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Cryptocurrencies have officially become recognized in Texas following the passing of two bills to push the crypto and blockchain industry. Crypto Bills Took Effect On September 1 The two bills tagged H.
2021-9-4 19:11 | |
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As the government of India creates plans to “define” cryptocurrencies, the asset class is potentially looking at a changed status in the country, the Economic Times reported. Indications were that the government would propose a new bill to segment them based on use cases, which would be a first, as these digital assets have never […] The post Indian government adopts new cryptocurrency regulations; how has the legal status of crypto changed? appeared first on Invezz.
2021-9-3 17:56 | |
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In order to jumpstart the impending adoption of Bitcoin as legal tender in El Salvador, the nation’s Legislative Assembly has approved a $150 million fund to facilitate the development of crypto infrastructure including conversions from bitcoin to US dollars.
2021-9-2 16:57 | |
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El Salvador has started mounting Bitcoin ATMs that will enable its residents to convert cryptocurrencies to U. S. dollars. The ATMs will also allow for crypto withdrawal in cash, as the government intends to make crypto a legal tender.
2021-9-1 02:05 | |
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This week, Honduras installed its first cryptocurrency ATM as demand for digital assets' continues, following neighboring El Salvador pushing to make bitcoin legal tender. The post Honduras Opens First Crypto ATM as Interest Grows appeared first on BeInCrypto.
2021-8-29 17:41 | |
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The new regulatory framework aims to bring the legal status to cryptocurrency exchanges in Kyrgyzstan.
2021-8-25 19:35 | |
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El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will claim its legal tender status. The post 200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption appeared first on CryptoSlate.
2021-8-25 04:00 | |
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According to a recent email exchange, ex-SEC Chairman Jay Clayton sees the existing U.S. regulations as a good model for crypto rules. The post Former SEC Chairman Says Crypto Fits Existing Legal Framework appeared first on BeInCrypto.
2021-8-21 14:34 | |
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Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector. The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets.
2021-8-18 07:00 | |
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BeinCrypto spoke to Alan Konevsky, Chief of Legal at tZERO to talk about regulations for cryptocurrencies, especially as the space "grows up." The post Crypto Tax in Infrastructure Bill Shows Maturity But It Needs Fixes Says tZERO Chief of Legal appeared first on BeInCrypto.
2021-8-18 18:00 | |
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Buy Bitcoins In Hawaii Buying Bitcoin in Hawaii is possible, legal, but slightly less diverse in terms of available exchanges. This is due to strict regulations in place that make it difficult and impractical for exchanges to obtain licences.
2021-8-16 14:57 | |
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A new community formed by legal industry professionals in the UK targets widespread education on crypto dispute-related cases. The post Crypto Fraud and Asset Recovery Legal Community Launches in the UK appeared first on BeInCrypto.
2021-8-9 14:01 | |
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| Analogue Notcoin - TapSwap |
Wintermute's recent report reveals key details on how the Bitcoin ecosystem is projected to react after the halving.
Indices provider GMCI’s MEME index includes top meme coins like SHIB, PEPE and DOGE, while the L2 index monitors leading blockchain scaling tokens like MATIC, IMX and OP.
Wintermute Asia, a branch of the algorithmic trading firm Wintermute Group, has executed its first options block trade through CME Group, marking a significant collaboration between crypto and traditional financial markets.
Evgeny Gaevoy, the CEO of Crypto market maker Wintermute, said his firm would take legal action against Near(NEAR) Foundation and Aurora Labs for failing to deliver on their promise to convert $11 million worth of USN stablecoins into Tether’s USDT.
Quick Take The recent conflict in Israel has triggered a sharp market response from a wide array of assets. Bitcoin saw a significant surge of 27%, growing from around $28,000 to approximately $35,000 since Oct.
At a recent CCDAS conference in London, Wintermute's co-founder, Yoann Turpin, discussed the increasing transition of professionals from crypto-focused firms to conventional financial institutions, emphasizing the implications for both sectors.