Turkey’s central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges.
There will be drama, warns WEF expert on Bitcoin regulation
Recent events in the crypto space have the smell of victory, but only represent small battles in an ongoing war. “Dramatic” changes are on the way.
Republican Kevin McCarthy says Fed chair needs more education on crypto
The House minority leader said the United States should not take a backseat to China when it comes to digital currencies.
Galaxy Digital submits Bitcoin ETF application with SEC
Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States.
Why cryptocurrency is booming in India despite national ban fears
Cryptocurrency is taking off in India despite regulatory fears, which many are now dismissing as nothing but FUD.
Crypto lobby groups are gaining traction in Washington as the threat of regulatory bottleneck looms
The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms.
Tyler Winklevoss thinks Bitcoin is past the risk of a US ban
Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO.
Bitcoin surge could be driving digital yuan interest, says People’s Bank of China
The central bank says strong interest in its CBDC project is partly being driven by Bitcoin’s recent surge, despite cryptocurrency still being banned in China.
South Korean gov’t makes $10.5M profit from 4-year-old Bitcoin crime haul
The coins languished in cold storage for four years after being confiscated by authorities during an arrest.
Prometheum and Anchorage set to launch alternative cryptocurrency trading system
The alternative trading system, PEATS, is vying to become a FINRA and SEC-regulated platform.
Former SEC Chairman Jay Clayton joins crypto advisory board
Clayton, who stepped down from the SEC in 2020, joins the regulatory advisory council of One River Asset Management.
Texas chases after Wyoming with crypto law proposal, but challenges remain
Will Texas follow in Wyoming’s footsteps to become the next crypto-friendly U.S. state?
Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India
Rejecting crypto as a reserve currency will lead to an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdry.
Wirex halts UK signups after consultation with financial regulator
Wirex has temporarily halted signing up new U.K. customers following what it called “constructive dialogue” with the Financial Conduct Authority.
OKEx Korea crypto exchange to shut down as new reporting laws take effect
OKEx Korea announced that it’s shutting down as South Korean authorities prepare to enforce a new regulatory framework for the crypto industry on Thursday.
Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira.
Nigeria’s central bank not discouraging people from trading crypto, says governor
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks.
UK advertising watchdog cuts ‘irresponsible and misleading’ Bitcoin ad
The advert, which was alleged to have targeted retirees, was deemed to be misleading and irresponsible by a U.K. advertising authority.
EU securities regulator warns about risks of ‘non-regulated’ cryptos
The ESMA analyzed the impact of COVID-19 on financial markets, highlighting the supposed risks linked to crypto investment.
Swiss regulator ‘unlikely’ to approve Bitcoin Suisse’s banking license
But Bitcoin Suisse still has “many options on the table,” says the firm’s CEO.