2024-5-9 20:00 |
The U.S. SEC has continued its crypto crackdown this year, but the agency’s current leverage may also be its biggest weakness in months to come.
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Key Takeaways The US regulatory crackdown continues, with Coinbase and Binance sued last week and a list of tokens declared securities by the SEC Crypto.com is shutting down its institutional exchange, citing lower demand following recent events in the industry Retail will always be able to access crypto, but institutional capital will dwindle, which will […] The post Crypto is not immune to regulation, US crackdown is immensely hurtful appeared first on CoinJournal.
2023-6-15 18:24 | |
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Coinspeaker Bitcoin and Ethereum Drop as US Financial Regulators Intensifies Crackdown on Crypto Projects The regulatory crackdown was highly anticipated based on the recent White House report to Congress, which called crypto volatile for investment.
2023-3-28 11:26 | |
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Per a report from Patrick Hansen, developer at Unstoppable Finance, the European Union Parliament could be about to crackdown on crypto wallets and their users. This entity just approved a revision to their Transfer of Funds Regulation with an upcoming draft to be voted on later today.
2022-4-1 20:14 | |
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Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US. To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to […] The post US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America appeared first on CryptoSlate.
2021-9-27 19:00 | |
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It is no longer news that China has declared all crypto-related trading illegal within its jurisdiction. The post ‘Binance has no business in China,’ notes Changpeng Zhao amidst crypto crackdown appeared first on CryptoSlate.
2021-9-27 16:00 | |
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Decentralized finance (DeFi)-related tokens and exchanges appear to be making a comeback after China announced its latest crackdown on crypto. The post DeFi Tokens Rally Following China Crypto Crackdown FUD appeared first on BeInCrypto.
2021-9-27 08:30 | |
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Chinese traders appear to be flocking to derivatives DEX dYdX amid concerns over a renewed crypto crackdown in China.
2021-9-27 07:20 | |
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After China's crackdown on crypto transactions, exchanges began to limit their services for China-based users. FUD rapidly spread and many traders began to wonder what penalties they might face for viThe post Bitcoin, Ethereum whales swimming out of Huobi, with a huge catch appeared first on AMBCrypto.
2021-9-26 18:00 | |
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As China Launches Fresh Attack On Crypto, Bitcoin Proponents assert Why It’s A Blessing In Disguise Why China’s fresh crackdown on crypto is the best thing to happen to the industry and will pay off significantly China has been a huge powerhouse in the cryptocurrency industry for much longer than many other countries have been. […]
2021-9-26 01:39 | |
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China's largest Bitcoin Exchange Huobi has implemented a measure to stop mainland Chinese residents from registering on its platform by preventing the addition of accounts with Chinese mainland phone numbers, to comply with recent Chinese crackdown on crypto.
2021-9-26 14:23 | |
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Сенатор от Республиканской партии Пэт Туми заявил, что противостояние цифровым активам со стороны китайских властей открывает перед США новые возможности в криптоиндустрии. China’s authoritarian crackdown on crypto, including #Bitcoin, is a big opportunity for the U.
2021-9-25 10:09 | |
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China has announced a fresh crackdown on cryptocurrencies. The People’s Bank of China is targeting transactions. It has declared them illegal as well as crypto-related businesses. Financial institutions too cannot provide services related to crypto, according to the announcement.
2021-9-24 19:00 | |
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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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China’s central bank has announced that all crypto-related transactions and services are now illegal. In response, Bitcoin drops down to $41k from $45k. China Announces All Crypto Transactions And Activities Are Illegal As per a report from Bloomberg, China has intensified its crackdown on crypto and Bitcoin as the nation’s central bank says all digital […]
2021-9-25 15:04 | |
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2021-9-20 14:46 | |
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South Korea is continuing cryptocurrency trading crackdown
2021-9-17 11:43 | |
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As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried.
2021-9-17 11:45 | |
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With South Korean regulators set to shut down local cryptocurrency exchanges that fail to meet up the requirements before the deadline later in September, investors in the country could experience losses worth over $2.
2021-9-14 23:00 | |
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The People’s Bank of China has stated that its crackdown on virtual currencies has been achieved and is now under normalized supervision. The mission for the remaining months of the year is to “maintain” the status quo which is a hint that the sector may not see any major regulatory actions in the near future. […]
2021-9-12 21:56 | |
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Regulatory crackdown on crypto has become quite prevalent in many parts of the world, including Nigeria. However, the country that homes one of the largest groups of crypto-traders in the world is nowThe post Nigeria's SEC forms Fintech unit to study crypto for future regulations appeared first on AMBCrypto.
2021-9-4 02:30 | |
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“The battle to prevent and resolve major financial risks has achieved important phased results,” reads the translated version of the China Financial Stability Report 2021 from the country’s central bank.
2021-9-4 19:57 | |
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China’s sustained cryptocurrency crackdown has been intensified in recent months, sparking a major FUD amongst investors. A closer look into the details reveal that the crypto market is choosing to ignore the unsavory headlines from the most populous country in the world.
2021-9-3 22:39 | |
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China's crackdown on crypto mining triggered a sharp fall in Bitcoin's hashrate and price earlier this year, panicking traders worldwide. In spite of this, analysis by CryptoQuant showed that the BiThe post Here's why 'accumulating' miners expect Bitcoin to cross $48,000 appeared first on AMBCrypto.
2021-8-31 11:00 | |
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The Brazilian Police Force confiscated 591 bitcoin amounting to 150 million Brazilian real (about $28.6 million) in a crackdown on a suspected fraudulent scheme. According to a CNN Brazil report, federal police as part of “Operation Kryptos” – an ongoing investigation of an alleged financial pyramid scheme arrested 5 persons in connection with the crime […]
2021-8-28 17:38 | |
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China has been making a lot of headlines in regards to the crypto industry this year, and more often than not, not for good reasons. The country has seen a number of its provinces crackdown on cryptocurrency mining, causing the miners to abandon their posts and seek out cheap electricity in other provinces, countries, and […] The post China’s high court proclaims that crypto is not protected by law appeared first on Invezz.
2021-8-23 15:12 | |
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In light of recent regulatory crackdown and backlash, global crypto exchange Binance is beginning to crack down on its customer verification requirements across its platform. More specifically, the exchange is restricting its once lenient know-your-customer (KYC) requirements.
2021-8-20 15:09 | |
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The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities.
2021-8-18 15:00 | |
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The Shenzhen branch of the People’s Bank of China has launched a special “rectification” program against illegal crypto-related activities, beginning with a crackdown on 11 emerging companies.
2021-8-18 13:33 | |
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In a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto, but in contrast to his openness, the head of the country’s Central Bank, Miguel Pesce, prepares for a crackdown on the industry.
2021-8-14 01:00 | |
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KuCoin is going to adjust the max leverage limits on the platform in the coming few weeks. According to its CEO, this is essential to sustain the healthy growth of the crypto industry. Invezz talked to Johnny Lyu about the secret of his exchange’s success, the leverage limit adjustment, and the regulatory crackdown on exchanges.
2021-8-13 03:16 | |
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The company reported a mining margin of 81%, up from 39% in H1 2020, which further jumped to 83% in July. In late June and July, the miner actually mined more BTC with the same hash power due to a substantial decrease in the global hash rate that led to big changes in mining difficulty after China’s crackdown on crypto mining.
2021-8-10 15:52 | |
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The regulatory landscape on cryptocurrencies and the blockchain industry is changing, many expect a global crackdown on this industry. The atmosphere is tense, as the United States, China, and Europe seem to be moving to tackle a topic long overdue.
2021-8-7 17:45 | |
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Republicans are far more likely than Democrats to oppose the draconian cryptocurrency provision in the infrastructure bill
2021-8-5 18:15 | |
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2021-7-30 03:55 | |
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All across finance, the conversation of the day has been centered around China and the ongoing regulatory crackdown As it pertains to the crypto market and assets like Bitcoin and Ethereum, holders are wondering if there could be spillover effect and additional FUD that could on the ongoing recovery in play.
2021-7-28 23:21 | |
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Tether (USDT) FUD surrounding the stablecoin’s issuance could have a new chapter in the form of criminal charges, which would mark a major development in the US government’s crackdown on crypto. The post Tether (USDT) faces criminal probe in the US, report says appeared first on CryptoSlate.
2021-7-27 02:01 | |
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South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday. The government is proposing to revise tax codes that will allow tax authorities to seize tax dodgers’ crypto assets even if they are held in digital wallets, starting next year.
2021-7-26 17:27 | |
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Rather, this continued interest from institutional investors is coming not only from crypto native firms but also from traditional finance institutions. Meanwhile, in the US, DeFi is on regulators' radar where with no intermediary, the question is, “who do we put this on?” The post FCA’s Crackdown Hits Another One After Binance, Which Has ‘Not’ Seen Institutional Activity Slowdown first appeared on BitcoinExchangeGuide.
2021-7-26 17:07 | |
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China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments.
2021-7-26 11:29 | |
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At the end of 2020 and the beginning of 2021, crypto exchanges crackdown on privacy coins. This resulted in Monero, Zcash, Dash, and others being de-listed from these platforms. Regulators from around the world exerted pressure on these entities to “reduce the risk” and “protect” consumers from the alleged dangers of these cryptocurrencies.
2021-7-22 20:26 | |
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Amidst intensified crackdown on crypto mining in China, iM Intelligent Mining is going to expand in Arkansas
2021-7-21 15:50 | |
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In recent times, China has made moves to halt all forms of Bitcoin mining in its vicinity. According to the government, the operation is consuming more energy than necessary. There have been concerns on how the crackdown will affect crypto prices, given that other countries also picked up the trend. China’s action led to a […]
2021-7-20 01:20 | |
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While crypto exchange Binance continues to face crackdowns from several different countries, it’s looking likely that stock tokens may be behind this. Hong Kong And Lithuania Become The Latest To Crackdown On Binance On Friday, Hong Kong’s market regulator, the Securities and Futures Commission (SFC), warned the crypto exchange in a press release. The commission […]
2021-7-18 22:00 | |
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The Chinese government’s ongoing crusade against cryptocurrencies might have dramatic consequences for both domestic and global crypto traders.
2021-7-15 16:41 | |
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The current crackdown on mining activities in China appears to be gaining steam. Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms. Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More
2021-7-15 23:00 | |
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To say 2021 has been a rough year for Chinese crypto miners would be a big understatement. The country’s increased crackdown on crypto mining has essentially paralyzed an industry that accounts for more than 50% of global BTC production.
2021-7-15 22:52 | |
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China has been dealing blows to crypto miners for months now, one province after another. The trend does not appear to even be slowing down, let alone stopping, as the Anhui province became the latest one to join the country-wide crackdown.
2021-7-15 13:25 | |
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In the latest crackdown on illegal crypto mining, the Security Service of Ukraine (SSU) busted a mining operation, arresting an unspecified number of miners and recovering over 3500 PS4 gaming consoles and about 500 graphics cards that were found on the premises.
2021-7-12 18:56 | |
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Popular social media platform TikTok started a crackdown on promoters of financial services products such as share trading, buy now pay later, and cryptocurrencies. According to the new update, the platform wants to stop the growing surge of frauds and unsuitable high-risk investments on social media.
2021-7-11 16:07 | |
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The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has vowed to veto the resolution.
Bloomberg senior ETF analyst Eric Balchunas said spot Ethereum ETFs may never be approved due to the SEC's view on Ether.
A recently discovered report reveals the SEC's cybersecurity vulnerabilities before a hack led to fake Bitcoin ETF approval in January. The post Undisclosed report reveals SEC cybersecurity flaws before fake Bitcoin ETF approval hack appeared first on Crypto Briefing.
Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country's largest bank follows.
The war between the Kraken crypto exchange and the U.S. SEC continues amid new statements from the platform
Kraken has refuted the Securities and Exchange Commission’s (SEC) claims that its platform listed securities, pointing out that the financial regulator’s arguments attempt to restructure the US financial system beyond its regulatory scope, according to a May 9 court filing.