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Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes
30.9.2024
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec....
CFTC Sues Over $3.6M Digital Asset Fraud Targeting Asian Americans
29.9.2024
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against a fake trading platform and its associates for defrauding investors out of $3.6 million. The scheme, which targeted Asian Americans, involved soliciting funds in fiat and digital assets, with false promises...
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stresses that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Former Chinese finance minister urges crypto study after US Bitcoin ETF shift
29.9.2024
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
29.9.2024
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling...
Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’
28.9.2024
With two days remaining in September, bitcoin’s monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.’ Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober’...
Binance Founder CZ Released From US Custody After Serving 4-Month Sentence
28.9.2024
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $50 million fine and stepping down as Binance’s CEO. Despite his prison...
Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
Putin: Russia Examining Digital Currencies for Independent Payments
28.9.2024
Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system. However, he also outlined the intricacies of building such a platform, given the level of integration of major trading partners with...
Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’
28.9.2024
Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure...
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
28.9.2024
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing...
Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme
28.9.2024
Crypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying...
Blackrock Amasses $24 Billion in Bitcoin, Approaches 2% of Total Supply
27.9.2024
From Jan. 11 to Sept. 26, 2024, Blackrock, the world’s largest asset manager, collected an astonishing 363,626.36 bitcoin, valued at just over $24 billion as of Sept. 27. This accumulation puts Blackrock’s exchange-traded fund (ETF), IBIT, on the cusp of controlling nearly 2%...
New Law Will Force Companies To Admit You Don't Actually Own Digital Games
27.9.2024
AB 2426, a newly passed piece of legislation in California signed into law earlier this week by governor Gavin Newsom, will force companies selling digital goods—like games—in the state to warn consumers that they don’t actually own that content, but instead are licensing it and could lose access...
Kenyan Deputy President Urges Africa to Embrace AI
27.9.2024
Kenyan Deputy President Rigathi Gachagua is urging African leaders to tap into the potential of artificial intelligence (AI) to supercharge their economies. Gachagua highlighted that tech-leading countries are already reaping the rewards of infusing AI into critical sectors like agriculture...
$1.1B TIA token release to push October’s crypto unlocks to almost $2B
27.9.2024
Celestia tokens worth $1.1 billion will be unlocked on Oct. 31, while $300 million in Cheelee tokens will be released on Oct. 10.
Hong Kong to align crypto OTC derivative rules with European standards
27.9.2024
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA's standards, including the use of Digital Token Identifiers
Paypal Rolls Out Crypto Features for Business Accounts
27.9.2024
Paypal has unveiled a new feature allowing U.S. merchants to buy, hold, and sell cryptocurrency from their business accounts. Although not yet available in New York, this move caters to increasing demand from businesses. Paypal has steadily ramped up its involvement in digital currencies, including...