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UK Law Commission recommends 'distinct' legal category for crypto
3.7.2023
The U.K.’s Law Commission highlights four major recommendations to reform laws relating to cryptocurrency use and ownership
Thai SEC bans the use of customer crypto assets for lending and investment
3.7.2023
Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy
Belarus wants to ban P2P cryptocurrency transactions
3.7.2023
Belarus’ Ministry of Foreign Affairs cited a high crypto crime rate for banning all citizens from exchanging Bitcoin between each other
40% of South Africans Familiar With the ‘Concept of Web3’ — Study
2.7.2023
Some 40% of South African survey participants are familiar with the concept of Web3 and a further 80% believe the technology backing cryptocurrencies can “transform or fully rebuild the financial system,” according to the findings of a Consensys survey. However, as much as 59% believe...
Bittrex challenges SEC's authority in crypto lawsuit, seeks dismissal
2.7.2023
Bittrex has adopted a similar approach to Coinbase, aligning its arguments closely with those made by the larger cryptocurrency exchange
Celsius Network approved to convert altcoins into BTC or ETH
1.7.2023
The liquidations will pave the way for the distribution of the funds to creditors in the near future
Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
Crypto ATM firm Bitcoin Depot will go public on Nasdaq starting July 3
1.7.2023
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock
Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch
30.6.2023
In recent days, there has been a buzz surrounding the upcoming debut of the U.S. Federal Reserve’s Fednow project, slated for July 1, 2023. The discussions surrounding this topic have sparked speculation about whether this marks the central bank’s inaugural foray into a central bank...
$656M lost from crypto hacks, scams, and rug pulls in H12023: Report
30.6.2023
Approximately $215 million of stolen assets have since been recovered
Over $204M lost to DeFi hacks and scams in Q2: Finance Redefined
30.6.2023
The top 100 DeFi tokens didn’t see much change in price over the past week, with the majority posting minor weekly gains
Crypto VC is struggling only from a North American perspective — Animoca Brands CEO
30.6.2023
Speaking with Cointelegraph at the Collision Conference, in Toronto, crypto veteran Yat Siu outlined how crypto firms can cope with unique environments, stressing that it is not "as bad as it sounds"
South Korean crypto lending firm Delio under investigation by regulators
30.6.2023
The firm allegedly denied having any exposure to troubled sister lending firm Haru Invest before suspending transfers earlier this month
Crypto mass adoption is coming, but how fast?
30.6.2023
The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption
Revolut US to delist ADA, MATIC and SOL in September
30.6.2023
Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September
SEC to present response to Coinbase’s legal defense on July 13
30.6.2023
The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24
South Korea passes cryptocurrency bill to tackle unfair trading
30.6.2023
South Korea's crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation
30.6.2023
The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. The bill appropriates $50,000 from the state’s general fund to study three areas, including “The process of acquiring, securely storing, insuring, and liquidating...
European Banks to Disclose Exposure to Crypto Assets
29.6.2023
Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...