The US Securities and Exchange Commission (SEC) has been known for its strict approach towards cryptocurrencies, particularly XRP. However, there is growing concern that the SEC might target Bitcoin (BTC) as well and classify it as a security. Renowned crypto attorney John Deaton has warned that this possibility cannot be ruled out.Under former chairman Jay […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
Hong Kong’s Securities and Futures Commission (SFC) has taken action against two cryptocurrency websites, HongKongDAO and BitCuped, for regulatory violations. The SFC has blocked access to these websites and issued cease and desist letters to the operators. The websites were still accessible outside of Hong Kong at the time of the notice.The SFC specifically mentioned […]
During a Senate hearing on financial regulations, bank CEOs expressed concerns about proposed new regulations, including the “Basel Endgame III” rule, which they fear could impede lending and harm small businesses. However, there was unanimous agreement among the CEOs that cryptocurrencies should be subject to anti-money laundering rules to prevent their misuse for illicit activities.Senator […]
During a Senate hearing on financial regulations, bank CEOs expressed concerns about proposed new regulations, including the “Basel Endgame III” rule, which they fear could impede lending and harm small businesses. However, there was unanimous agreement among the CEOs that cryptocurrencies should be subject to anti-money laundering rules to prevent their misuse for illicit activities.Senator […]
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraud involving two crypto entities, Hong Kong Digital Research Institute and BitCuped. The SFC stated that the Hong Kong Police Force has blocked access to the websites of these entities, as users could be deceived into making illegitimate investments. Cease […]
The Securities and Futures Commission (SFC) of Hong Kong has issued a warning regarding suspected fraud involving two crypto entities, Hong Kong Digital Research Institute and BitCuped. The SFC stated that the Hong Kong Police Force has blocked access to the websites of these entities, as users could be deceived into making illegitimate investments. Cease […]
Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]
Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]
The National Assembly Committee in Kenya has given its endorsement to the Capital Markets (Amendment) Bill, which aims to regulate and tax the digital currency market in the country. The bill, sponsored by Mosop MP Abraham Kirwa, has been approved by the committee and is now one step closer to becoming law.The proposed legislation seeks […]
