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UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity. дальше »
2023-6-30 17:13 | |
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EU data act adopts smart contract kill switch regulations
The European Union (EU) is making progress on the European Data Act, despite facing criticism from the cryptocurrency community, as lawmakers have reached an agreement to proceed with the legislation. дальше »
2023-6-28 20:41 | |
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European Union finalizes Data Act despite protests
The EU blockchain community has raised concerns that the Act's provisions on smart contracts could kill the industry. A recent open letter signed by these organizations stated that the Act coulThe post European Union finalizes Data Act despite protests appeared first on AMBCrypto. дальше »
2023-6-28 14:30 | |
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EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
дальше »2023-6-28 13:53 | |
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Binance reportedly pulls out of Austria, shifts focus to MiCA compliance in Europe
Binance told CryptoSlate in a June 26 email that it strives to act in compliance wherever it operates amid new reports that it withdrew from yet another European market. Earlier today, reports emerged that Binance had withdrawn its application in another European country. дальше »
2023-6-26 19:55 | |
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Singapore MAS Proposes Protocol For Digital Money Use, Partners With Amazon For Trials
The Monetary Authority of Singapore (MAS), the financial regulatory body of Singapore, has published a whitepaper outlining the common standards for the use of digital money. This crypto-friendly act is a testament to the growing adoption of digital assets in the island country of Singapore. дальше »
2023-6-21 18:00 | |
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Why The Ripple General Counsel Demands Impartiality From SEC Staff
In a recent post, the Chief Legal Officer of Ripple, Stuart Alderoty, stated that legally federal employees must act impartially. As such, the United States Security and Exchange Commission (SEC) especially should comply with rigid rules. дальше »
2023-6-21 20:30 | |
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EU Commission Brushes Off 'Data Act' Fears by Crypto Industry
New rules could kill off permissionless smart contracts, the industry worries. дальше »
2023-6-21 20:28 | |
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UK Upper Parliament Approves New Crypto Regulation Bill
The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] дальше »
2023-6-20 18:00 | |
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FDIC Issues ‘Cease And Desist’ Order To OKCoin Crypto Exchange
In a June 15, 2023 press release, the Federal Deposit Insurance Corporation (FDIC) alleged that the crypto exchange OKCoin USA Inc violated the Federal Deposit Insurance Act by making false and misleading statements regarding its insured status with the FDIC on its website and in a social media post. Through a cease and desist letter, […] дальше »
2023-6-20 23:12 | |
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The United States Isn’t Banning Crypto, It’s Letting Legacy Firms Take Over
As the US refrains from banning crypto, legacy firms like BlackRock, Soros Fund Management, and EDX Markets are ushering in a new era. The takeover is less of a hostile act and more of a natural evolution, marking the maturation of the cryptocurrency sector. дальше »
2023-6-20 18:00 | |
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Millions in USDT paid for unlocking stolen iPhones as Apple refuses to act
The cryptocurrency tether (USDT) is used for hundreds of millions of dollars worth of transactions for illicit lost and stolen iPhone unlocking services. Apple appears to have taken little action despite being alerted to the ongoing security breach in their… дальше »
2023-6-20 16:08 | |
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EU lawmakers vote for landmark Artificial Intelligence regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems like ChatGPT to first undergo review before release to the public. The regulation also seeks a ban on real-time biometric recognition. дальше »
2023-6-15 21:33 | |
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SEC snubs Coinbase’s seven-day rulemaking request but could act by October
The U. S. Securities and Exchange Commission (SEC) stated in a June 13 court filing that it has not yet decided on requests from Coinbase. SEC says it hasn’t decided on rulemaking In July 2022, Coinbase petitioned the SEC to engage in rulemaking for the cryptocurrency industry, seeking clear regulatory guidelines. дальше »
2023-6-14 09:53 | |
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Crypto industry leaders urge Congress to act on digital asset regulations amid SEC crackdown
The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U. S. government grapples with how to address an increasingly urgent regulatory problem. дальше »
2023-6-13 21:26 | |
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Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship
The country’s 2023 budget is riddled with an 11 trillion naira budget deficit and 6 trillion naira debt service cost, so it is looking for new avenues to fund its budget, observers say. Nigeria has placed a 10% tax on digital asset profits in the latest Nations Finance Act 2022 amendment. The tax will include […] дальше »
2023-6-13 22:26 | |
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US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler
U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »
2023-6-13 22:23 | |
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Crypto Subreddits Plunge into Darkness: Unveiling the Reasons behind their Enigmatic Exodus
“Solidarity Unveiled: Reddit Subcommunities Unite, Temporarily Close Doors in Protest Against Restrictive Policies” “In a synchronized act of dissent, diverse Reddit subcommunities, including prominent crypto-centric groups, unanimously opted for temporary privacy by going private for a 48-hour period. дальше »
2023-6-13 19:04 | |
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Court Rules Ooki DAO Violated Federal Act And Is Fined Over $640k
Through a June 9, 2023 press release, the Director of the Commodity Futures Trading Commission (CFTC) Division of Enforcement, Ian McGinley, advised that on June 8, 2023, a U.S. District judge had entered a default judgement order in favour of the CFTC, for a civil monetary penalty of US$ 643,542 against the Ooki decentralized autonomous […] дальше »
2023-6-12 17:02 | |
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Gary Gensler had close ties to Binance’s CZ, offered to serve as exchange advisor: lawyers
Lawyers in Binance’s securities case claim that SEC chair Gary Gensler once offered to serve as an advisor to their company, CNBC said on June 7. Gensler met CZ, offered to act as Binance advisor The U. дальше »
2023-6-8 04:14 | |
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A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities
The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara. дальше »
2023-6-1 19:58 | |
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Traders Act Fast As Binance Australia Unveils Bitcoin Discount For Limited Period
In an intriguing development for crypto traders, Binance Australia has introduced an exclusive Bitcoin discount, offering a unique opportunity for savvy investors. The platform’s recent announcement comes in the midst of a countdown to a significant payment deadline, adding a sense of urgency to the offer. дальше »
2023-5-30 13:36 | |
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Bitcoin Shows Recovery: Did This Historical Line Act As Support Again?
Bitcoin on-chain data suggests a historical support line may have helped the coin once again as the asset has recovered toward $28,000 today. Bitcoin Short-Term Holder Cost Basis May Still Be Active As Support According to data from the on-chain analytics firm Glassnode, the BTC price approached the cost basis of the short-term holders recently. дальше »
2023-5-29 15:30 | |
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US Congressmen urge SEC to keep definition of ‘qualified custodian’ unchanged
Congressmen Michael Flood and Ritchie Torres wrote to SEC Chair Gary Gensler, urging him to keep custody rules unchanged. In February, the U. S. Securities and Exchange Commission (SEC) proposed specific changes to the Investment Advisors Act 1940. дальше »
2023-5-26 11:18 | |
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XRP Bears Prevail As Asset Retreats From Recent Highs
XRP is in the red today, losing grip of its recent gains as the bears act on its price. The bulls had sustained the price momentum driving XRP to $0. 4688 on May 19. The asset traded within this range till May 24, when the bears dropped it to a closing price of $0. дальше »
2023-5-25 19:00 | |
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OpenAI CEO warns of exiting EU in the face of tighter regulations
OpenAI to try and comply with the guidelines before suspending operations in Europe. CEO said the current draft of the EU AI Act would over-regulate. According to a recent Reuters report, OpThe post OpenAI CEO warns of exiting EU in the face of tighter regulations appeared first on AMBCrypto. дальше »
2023-5-25 14:30 | |
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Balancing Act: Unpacking Baidu’s Claims About Its Latest AI Chatbot
Baidu's claim of an error-free AI chatbot on sensitive topics sparks a thought-provoking discussion surrounding cultural acceptance, freedom of expression, and the potential risks involved. Explore the implications and challenges faced by Baidu's innovative chatbot, and learn about the importance of responsible and ethical AI use. дальше »
2023-5-22 22:00 | |
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Terra Classic discloses Parity upgrade date; what about LUNC?
The Parity upgrade would act as an improvement to smart contract deployment. The disclosure did not impact the development activity positively. Terra Classic's [LUNC] development team has fiThe post Terra Classic discloses Parity upgrade date; what about LUNC? appeared first on AMBCrypto. дальше »
2023-5-23 21:30 | |
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Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests
The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco. дальше »
2023-5-22 18:45 | |
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Sensorium Galaxy Confirms First VR Show Featuring Carl Cox
British music powerhouse and techno icon Carl Cox has been announced as the first act to kick off a series of VR concerts in the Sensorium Galaxy metaverse slated for this summer. The revelation was made by Ivan Nikitin, Sensorium’s Chief Metaverse Officer, who lifted the veil on the platform’s upcoming shows during a recent … Continued The post Sensorium Galaxy Confirms First VR Show Featuring Carl Cox appeared first on BeInCrypto. дальше »
2023-5-19 17:00 | |
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Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban Crypto
The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It would effectively ban crypto in the guise of fighting money laundering. дальше »
2023-5-19 21:08 | |
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A historical look at Bitcoin’s reaction to debt ceiling negotiations
Quick Take May 19, 2013: The U. S. debt ceiling was formally raised to approximately $16. 699 trillion. The price was $116. 3, with a percentage gain of 4. 7%. October 17, 2013: The crisis ended with the passing of the Continuing Appropriations Act 2014. дальше »
2023-5-18 20:22 | |
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US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted. дальше »
2023-5-13 00:53 | |
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The RESTRICT Act Impacts Not Just TikTok, But All Apps
The RESTRICT Act, affecting foreign-owned apps like TikTok, strikes a delicate balance between national security and individual privacy, while also influencing tech innovation. The post The RESTRICT Act Impacts Not Just TikTok, But All Apps appeared first on BeInCrypto. дальше »
2023-5-13 21:48 | |
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Elon Musk Stepping Down as Twitter CEO, Will This Be The End of Dogecoin?
Elon Musk, the owner of Twitter and a big supporter of Dogecoin, the original meme coin, is stepping down as the CEO of the social media platform to focus on product development. He will act as the chief technology officer (CTO) of Twitter. дальше »
2023-5-12 00:04 | |
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First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur
ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act. дальше »
2023-5-10 04:49 | |
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Grayscale establishes funds trust, files for three new crypto funds
Grayscale Investments announced on May 9 that it has formed a new entity called Grayscale Funds Trust and filed for three new crypto investment funds. Grayscale proposes three new ETFs The Grayscale Funds Trust will act as a Delaware statutory trust structure that allows the firm to manage its older products while also pursuing exchange-traded […] The post Grayscale establishes funds trust, files for three new crypto funds appeared first on CryptoSlate. дальше »
2023-5-10 03:18 | |
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Zeeve joins forces with Polygon Labs to serve as Key Implementation Partner and Infrastructure Provider for Polygon supernets
In order to act as a crucial infrastructure provider and implementation partner for Polygon supernets, Zeeve, a top-tier Web3 Infrastructure as a Service platform that complies with ISO 27001, SOC2 Type 2, and GDPR standards, has teamed up with Polygon Labs. дальше »
2023-5-10 21:23 | |
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