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Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
Proof-of-reserve reports routinely touted by crypto firms to assure customers that their financial transactions are in secure hands shouldn’t be trusted, according to the U.S. organization that oversees auditing standards дальше »
2023-3-9 02:25 | |
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Candy Digital and Getty Images to release ’70s music and photos NFTs
NFT Startup Candy Digital has tapped Getty Images for ’70s Music and Photos. The two firms will sell rare photos and music as NFTs. The NFTs will include several iconic images from famous photographers in the 1970s. дальше »
2023-3-8 17:20 | |
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New Layer-2 Network May Include AML measures, Coinbase CEO Says
Due to this increased watch over the crypto space, many firms have been scrutinized and found non-compliant with specific rules. Coinbase is one of the firms under the radar of financial watchdogs. On March 6, Coinbase CEO was interviewed on Bloomberg Radio to discuss the crypto industry issues and how his firm will navigate them. […] дальше »
2023-3-7 17:20 | |
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U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight
As it stands, there’s no way for people to know which crypto firms they can rely on, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), in a speech Monday. дальше »
2023-3-7 23:10 | |
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‘Sorry for spreading a rumor,’ says podcaster on Lido’s FUD
David Hoffman apologized for spreading rumors about what he called a “Wells notice carpet bombing” targeting crypto firms.
дальше »2023-3-6 22:15 | |
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Ripple survey: Crypto can enable faster transactions, say 97% payment firms
According to a Ripple survey, 97% of payment firms believed in cryptocurrency's power to enable faster payments. Crypto companies are leaving the United States due to a lack of clarity on regulThe post Ripple survey: Crypto can enable faster transactions, say 97% payment firms appeared first on AMBCrypto. дальше »
2023-3-4 13:30 | |
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Virtual and digital assets to reign in UAE's free zone, details inside
UAE's Ras al-Khaimah will launch a free zone for virtual and digital asset firms later this year. The free zone will have its own tax regime and regulatory framework. The United Arab EmirateThe post Virtual and digital assets to reign in UAE's free zone, details inside appeared first on AMBCrypto. дальше »
2023-3-3 19:00 | |
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US authorities to clampdown on natural gas-powered crypto miners
An agency under the US Interior Department’s Office of Inspector General has revealed that oil and gas firms in the country are diverting natural gas to fuel their crypto mining operations without paying federal royalties. дальше »
2023-3-3 16:35 | |
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These Crypto Firms Have Decided To Cut Ties With Silvergate
The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall, which was previously precipitated by the collapse of FTX last year. дальше »
2023-3-3 15:30 | |
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Ripple survey: 97% of payment firms believe in the power of crypto
The lack of regulatory clarity is the biggest hurdle to the adoption of crypto-enabled payments, according to a new survey co-hosted by Ripple. дальше »
2023-3-3 13:05 | |
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SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted
Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets but thinks crypto firms may not be up to snuff. дальше »
2023-3-3 01:15 | |
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Six crypto firms join Coinbase in ditching troubled Silvergate Bank
Circle, Paxos, Bitstamp, Gemini, Crypto.com and Galaxy Digital have started to bid goodbye to troubled crypto-focused bank Earlier today, Coinbase announced that it would stop processing paymenThe post Six crypto firms join Coinbase in ditching troubled Silvergate Bank appeared first on AMBCrypto. дальше »
2023-3-3 20:49 | |
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US SEC Plans to Keep Growing Crypto Unit as Enforcement Ramps Up
The U.S. Securities and Exchange Commission (SEC) may ramp up its recent surge of cases targeting crypto firms by once again boosting the size of its digital assets enforcement squad. дальше »
2023-3-2 23:22 | |
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DCG Lost Over $1 Billion In 2022 Due To Crypto Market Crash: Report
The crypto winter of 2022 affected many firms, digital assets, and investors. The fall of crypto asset prices led to massive losses for many participants. Fast-forward to 2023, some firms still struggle to survive the aftermath of last year’s revenue loss. дальше »
2023-3-1 15:30 | |
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Smart Money Goes Short As Macros Cast Gloom On Crypto
Digital assets are a relatively new asset class that made smart money investors fall in love with high gains during the 2021 bull market. Traditional finance institutions like venture capital firms then poured billions onto the crypto market, boosting development of certain protocols and projects. дальше »
2023-3-1 12:29 | |
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France’s National Assembly approves stricter licensing rules for crypto firms
France has taken a significant step towards implementing new cryptocurrency regulations, with the National Assembly voting in favor of stricter licensing rules for crypto firms. The move aims to bring French laws in line with anticipated European Union (EU) standards and bolster the country's reputation as a crypto hub. дальше »
2023-3-1 11:17 | |
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UAE to create exclusive free zone for digital, virtual asset companies
The government of Ras Al Khaimah is set to unveil a new free zone tailored for digital and virtual asset firms as the United Arab Emirates (UAE) strengthens its position as a magnet for players in the burgeoning blockchain industry. дальше »
2023-3-1 21:40 | |
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Banzai! 10 Major Japanese Companies To Create ‘Japan Metaverse Economic Zone’
The metaverse is now the new frontier of the Land of the Rising Sun. Many of Japan’s largest technology firms have joined together to create an open environment for the production of virtual experiences; they name it the “Japan Metaverse Economic Zone” (JMEZ). дальше »
2023-2-28 12:17 | |
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Binance reportedly moved $1.8 billion of collateral backing customers stablecoin
Binance moved over $1 billion of customer funds meant as reserves for B-tokens last year The funds were sent to firms like Alameda Research, Cumberland, and Tron Binance CSO stated that therThe post Binance reportedly moved $1. дальше »
2023-2-28 21:30 | |
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Fintech Dominated Sequoia and a16z Investments in 2022
Major venture capital firms are doubling down on fintech, with the industry dominating the portfolios of firms like Sequoia Capital and a16z. The post Fintech Dominated Sequoia and a16z Investments in 2022 appeared first on BeInCrypto. дальше »
2023-2-27 10:45 | |
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Europe Entices Crypto Firms as U.S. Regulatory Crackdown Intensifies
Europe is gradually positioning itself as a welcoming jurisdiction for crypto companies with the planned rollout of crypto regulations. The post Europe Entices Crypto Firms as U.S. Regulatory Crackdown Intensifies appeared first on BeInCrypto. дальше »
2023-2-27 10:00 | |
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Collapse of FTX has shaken investors’ interest in blockchain games
The fall of the market in 2022 hit the confidence of venture firms in the profitability of blockchain games, analysts found. The decline of the market in 2022 significantly affected the sponsorship of blockchain games. дальше »
2023-2-25 21:03 | |
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This Week in Crypto News: Regulators Turn Screws, China Takes on US, Ruja Ignatova is Dead. Maybe.
Crypto news: The U.S. makes life even more difficult for crypto firms, while attention turns (almost implausibly) to China for good news. The post This Week in Crypto News: Regulators Turn Screws, China Takes on US, Ruja Ignatova is Dead. Maybe. appeared first on BeInCrypto. дальше »
2023-2-24 18:00 | |
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New York Attorney General sues CoinEx over failure to register
New York Attorney General Letitia James sues CoinEX for failing to register with the state. The crypto exchange also failed to comply with a subpoena served last month. New York has actively brought lawsuits against crypto firms and individuals in recent months. дальше »
2023-2-23 09:26 | |
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Tencent Cloud Announces New Web3 Initiatives
Could China’s sentiment around crypto be a turning tide? A move from Tencent Cloud this week could certainly suggest so. An unexpected investment in web3-related tools will hit the market from Tencent Cloud’s team, positioning the Chinese tech firm alongside the ranks of other global tech firms to make recent strides in web3, such as […] дальше »
2023-2-23 00:40 | |
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Polygon Labs lays off employees from multiple teams
Polygon Labs has cut its headcount by 20 percent The platform has over $250 million in its balance sheet and nearly 2 billion MATIC Polygon Labs has joined a slew of crypto firms that have lThe post Polygon Labs lays off employees from multiple teams appeared first on AMBCrypto. дальше »
2023-2-21 17:01 | |
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Caitlin Long of Custodia Bank says crypto won’t be “uninvented” and will steadily replace banks in remittance
Caitlin Long, the founder of Custodia Bank, handed over evidence of fraud committed by big crypto firms before last year's crisis. She also says crypto won't be uninvented. дальше »
2023-2-18 11:53 | |
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Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt. дальше »
2023-2-18 08:40 | |
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CZ denies Bloomberg US delisting report
Reports emerged that Binance Global intends to end partnerships with U.S.-based firms such as banks and terminate listing tokens linked to US-based projects as regulators cast the net deeper. Binance's CEO has refuted the claims. дальше »
2023-2-17 20:56 | |
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