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Global Regulatory Tightening on Cryptocurrencies: Implications for SPCT, BNB, and TON Valuations
Regulators from Europe, the US, and many other nations are tightening their grip on digital assets. Therefore, they are implementing new rules to bring crypto under government scrutiny. Despite these developments, top crypto coins, BNB (BNB), VC Spectra (SPCT), and Toncoin (TON), are showing an upward trend in the market. Let’s explore how are these […] дальше »
2023-10-28 10:20 | |
Yuga Labs Wins $1.5 Million in Damages from Ryder Ripps
Bored Ape Yacht Club wins $1.5M in damages from NFT copycats. California judge rules against artist and partner for profiting from counterfeit art project. The post Yuga Labs Wins $1.5 Million in Damages from Ryder Ripps appeared first on NFT News Today. дальше »
2023-10-27 14:32 | |
UK FCA takes action against rule-breaking crypto firms
The FCA issued a statement on Oct. 25, warning crypto firms that they still need to comply with the new rules on financial promotions for crypto assets. The FCA said it has identified 221 breaches of the rules by crypto… дальше »
2023-10-26 15:13 | |
UK crypto advertisers have defied FCA's rules at least 221 times
The new regulations require FCA-authorized firms to approve crypto-related ads. However, this is not the first time that the FCA has raised concerns. According to the UK's Financial Conduct The post UK crypto advertisers have defied FCA's rules at least 221 times appeared first on AMBCrypto. дальше »
2023-10-26 13:00 | |
UK’s Financial Conduct Authority says crypto firms are failing to satisfy new promotional rules
The U. K. ’s Financial Conduct Authority (FCA) said on Oct. 25 that many crypto firms are failing to meet its new promotion requirements. The relevant rules came into effect on Oct. 8. Those rules require companies to warn users that they could lose their entire investment by investing in some crypto products. дальше »
2023-10-26 22:40 | |
Impact of FCA’s new crypto rules: market shifts and high-profile exits
FCA's enforcement of new advertising guidelines triggers changes in the UK crypto space, prompting high-profile exits and the birth of compliance gatekeepers. дальше »
2023-10-25 18:04 | |
UK’s FinProm a welcome change, but challenge persists — Transak compliance head
Transak’s compliance chief, James Young, told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space. дальше »
2023-10-25 15:32 | |
Solana DeFi protocol Marinade Finance restricts UK access following new FCA rules
Solana-based decentralized finance (DeFi) protocol Marinade Finance has blocked users from the United Kingdom in compliance with the new Financial Conduct Authority (FCA) regulations. CryptoSlate attempted to access the website from a U. дальше »
2023-10-24 19:05 | |
US says crypto mixers threaten national security amid Middle East conflict
The U.S. Treasury Department is currently pushing for new rules that enhance monitoring and reporting capabilities on virtual currency mixers leveraged by illicit actors and terrorist groups. дальше »
2023-10-20 22:37 | |
UK Regulatory Body Under Scrutiny from City Minister Regarding Cryptocurrency Regulations; Insights into BNB and VC Spectra Price Movements
Andrew Griffith, a UK MP, has called on the Financial Conduct Authority (FCA) to extend flexibility and clarity on the new crypto rules. Meanwhile, BNB recently concluded its 25th quarterly burn. дальше »
2023-10-19 16:00 | |
The EU reportedly agrees on crypto tax data sharing, but is this good for Shiba Memu?
Crypto regulations are catching up with the digital asset sector after prolonged uncertainty. The latest are new crypto tax data sharing rules, which officials in the European Union agreed on Tuesday. дальше »
2023-10-19 14:07 | |
Bitmain fired employees after salary data leak
Bitmain, the largest manufacturer of Bitcoin (BTC) mining ASICs, has decided to fire the employees who broke the rules by posting company salary information online. On Oct. 8, according to information from the working social platform Maimai Community, some employees… дальше »
2023-10-17 15:38 | |
ESMA warns no retail crypto protection in EU until 2024 at the earliest – report
The European Securities and Markets Authority (ESMA), the bloc’s securities watchdog, warned that investors will not be protected under the European Union’s crypto asset market rules until the end of 2024 at the earliest. дальше »
2023-10-17 13:30 | |
UK: Binance to temporarily stop accepting new users and this is why...
Binance places restrictions on new users from the United Kingdom The restriction comes in the wake of new FCA rules for financial marketing The world's largest crypto exchange — Binance seThe post UK: Binance to temporarily stop accepting new users and this is why... appeared first on AMBCrypto. дальше »
2023-10-17 22:00 | |
Australia to introduce crypto regulation mandating licenses for crypto exchanges
The Australian federal government is set to introduce new regulations requiring crypto exchanges to obtain a financial services license, the Australian Financial Review reported on Oct. 15. Assistant Treasurer Stephen Jones is scheduled to unveil these long-anticipated rules during the Australian Financial Review Crypto Summit. дальше »
2023-10-16 05:00 | |
Coinbase Says IRS Seeks ‘Unlimited Tracking’ in Proposed Tax Rules
Coinbase warns proposed IRS tax rules allow unlimited tracking of Americans and overload agency with useless data on small transactions. дальше »
2023-10-14 22:28 | |
Lido faces $35k penalty as 20 validators violate Ethereum’s rules
A multi-platform staking solution Lido faces its first serious penalty after its validators misbehaved. Lido, a decentralized finance protocol for staking cryptocurrencies, faces a penalty worth 23 ETH (around $35,500) after 20 of its validators have been slashed. In an… дальше »
2023-10-12 16:11 | |
Can Australia's new digital payment rules influence crypto sector
The proposal was in response to the rise in popularity of digital payment networks, including Google Pay and Apple Pay These changes could potentially bring digital payment networks closer to tThe post Can Australia's new digital payment rules influence crypto sector appeared first on AMBCrypto. дальше »
2023-10-12 12:30 | |
Senator Warren Grills US Gov’t Over 2-Year Delay on Crypto Tax Rules
Senator Elizabeth Warren has voiced concerns over the delayed implementation of US crypto tax rules, warning that the government could miss out on billions of dollars in revenue. The post Senator Warren Grills US Gov’t Over 2-Year Delay on Crypto Tax Rules appeared first on BeInCrypto. дальше »
2023-10-12 10:00 | |
New UK Crypto Rules: How Binance And Coinbase Are Adapting To Regulatory Changes
Two crypto industry giants, Binance and Coinbase, have recently adjusted to align with the United Kingdom’s crypto regulations to continue their operations in the country. These changes are pivotal in the crypto industry’s journey as countries grapple with integrating digital assets into their financial systems worldwide. дальше »
2023-10-12 07:00 | |
US lawmakers urge Treasury, IRS to hasten implementation of crypto tax rules by 2 years
U. S. Senators Elizabeth Warren and Angus S. King, Jr. are pressing the U. S. Department of the Treasury and the Internal Revenue Service (IRS) to hasten the implementation of recently proposed tax reporting rules for cryptocurrency brokers. дальше »
2023-10-12 06:00 | |
Exploring FCA’s new crypto promotion rules and their implications
With the FCA's new regulations, UK crypto firms face enhanced oversight, setting a potential global precedent for crypto marketing standards. Read how. дальше »
2023-10-12 22:07 | |
Bitstamp to leave Canada amid regulatory crackdown
European crypto exchange Bitstamp is leaving the Canadian market, saying it will discontinue its services in Canada starting January 2024. Cryptocurrency exchange Bitstamp is withdrawing from Canada starting January 2024 as the country imposed stricter rules on crypto companies. In… дальше »
2023-10-11 12:43 | |
Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence
The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown. дальше »
2023-10-9 18:27 | |
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal government. дальше »
2023-10-9 17:24 | |
OKX reacts to new UK crypto regulations, reduces listed tokens
In an Oct. 8 update on its website, OKX stated that it had tailored a compliant user experience in line with the FCA’s new crypto promotion rules. дальше »
2023-10-8 18:52 | |
Binance says it will operate under new UK rules despite earlier withdrawal
Binance announced on Oct. 6 that it has launched a new subpage to serve its U. K. customers in light of changing regulations. The exchange company said that, in compliance with the U. K. ’s updated Financial Promotion Regime, www. дальше »
2023-10-8 06:12 | |
Binance Launches New Domain In UK Ahead Of New Financial Promotions Regime
The world’s largest exchange, Binance, has launched a new domain for United Kingdom users in compliance with the incoming financial promotions rules of the island nation. This development was announced on October 6 via a blog post as Binance looks to maintain its services under the UK’s new financial marketing regime, which is set to […] дальше »
2023-10-7 13:21 | |
Why UK’s FCA Plans To Launch Another Digital Securities Sandbox
The United Kingdom’s Financial Conduct Authority (FCA) is about to launch its second crypto sandbox, which comprises set rules to govern digital securities. According to the FCA’s head of capital markets, Helen Boyd, the UK Treasury will release the Digital Securities Sandbox in Q1 of 2024. дальше »
2023-10-4 20:00 | |
US DOJ: lack of crypto rules doesn’t impact charges against ex-FTX CEO
The United States Department of Justice (DOJ) says the lack of crypto rules in the U.S. doesn't affect charges against ex-FTX CEO Sam Bankman-Fried (SBF) дальше »
2023-10-4 16:07 | |