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Tether discredits Ripple CEO comments over U.S. scrutiny
13.5.2024
Tether has highlighted its compliance efforts after Ripple's CEO said the U.S. government has its sights set on USDT
US Scrutiny of Tether Could Disrupt Crypto Ecosystem, Ripple CEO Warns
12.5.2024
Ripple’s CEO, Brad Garlinghouse, has voiced concerns that the U.S. government’s scrutiny of Tether, the foremost issuer of stablecoins by market cap, could notably affect the cryptocurrency environment. His comments come amid apprehensions about Tether’s alleged utilization by terrorist...
International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
10.5.2024
The International Monetary Fund (IMF) has recommended Nigeria regulate crypto trading platforms, a new staff report by the United Nations’ financial agency released Thursday states. The country has been under increased international scrutiny for the detainment of two Binance executives after...
Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance
9.5.2024
Bitcoin struggles to maintain $61,000 as heightened U.S. regulatory scrutiny and a firm Federal Reserve policy stir market volatility.
The post Bitcoin Price Prediction: Dips Below $61,000 Amid Regulatory Scrutiny and Fed’s Hawkish Stance appeared first on Cryptonews
Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny
30.4.2024
With the US reportedly cutting off Venezuelan oil sales by May 31, experts warn that the country’s likely shift towards digital currency necessitates stricter regulations.
The post Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny appeared first on Cryptonews
Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns
24.4.2024
Sam Altman and Alex Blania engage with top Malaysian officials to strengthen ties following temporary bans in Europe and heightened global scrutiny regarding data privacy concerns.
The post Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns appeared first on Cryptonews
Is Uniswap Going to Zero? UNI Price Drops 20% After SEC Scrutiny as This Other Coin Prepares for Exchange Launch
12.4.2024
The price of DeFi exchange Uniswap’s native token UNI is 15% lower than it was this time last week following yesterday’s news that the US SEC may launch a potential enforcement action against it for alleged securities law violations. UNI currently trades at $9.08, which makes for...
Bitcoin Price Prediction: Falls Below $72,000 Amid ETF Buzz and Regulatory Scrutiny; Is It a Buy Now?
9.4.2024
Bitcoin nudges $71,800, fueled by ETF enthusiasm and halving event, amidst a cautious market eyeing $75,000.
The post Bitcoin Price Prediction: Falls Below $72,000 Amid ETF Buzz and Regulatory Scrutiny; Is It a Buy Now? appeared first on Cryptonews
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
5.4.2024
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana...
BlockDAG’s $9.3m hit gathers momentum after high-profile keynote video beats Ethereum and Stacks gains
28.3.2024
The crypto community’s enthusiasm over the anticipated approval of an Ethereum-based ETF has significantly diminished following the Securities and Exchange Commission’s (SEC) deeper investigation into the Ethereum Foundation. Despite worries about Ethereum potentially being classified...
Ethereum Price Prediction as SEC Launches Campaign to Classify ETH as a Security – Will ETH Drop Below $1,000?
21.3.2024
Amid SEC scrutiny and potential classification as a security, Ethereum's future hangs in balance—could this lead to a historic price shift?
The post Ethereum Price Prediction as SEC Launches Campaign to Classify ETH as a Security – Will ETH Drop Below $1,000? appeared first on Cryptonews
Hong Kong’s Market Regulator Warns Crypto Traders, as Bybit Comes Under Scrutiny
14.3.2024
On March 14, Hong Kong’s Securities and Futures Commission (SFC) cautioned crypto traders about using Bybit, a popular cryptocurrency exchange platform.
The post Hong Kong’s Market Regulator Warns Crypto Traders, as Bybit Comes Under Scrutiny appeared first on Cryptonews
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
5.3.2024
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee
Crypto Exchanges in Nigeria Cease Naira Purchases of USDT and USDC Amid Central Bank Scrutiny: Report
28.2.2024
Several crypto companies in Nigeria have made the decision to disallow users from buying the USDT and USDC stablecoins with Naira in light of renewed scrutiny from the Central Bank of Nigeria (CBN).
The post Crypto Exchanges in Nigeria Cease Naira Purchases of USDT and USDC Amid Central Bank...
Bitcoin Miner Riot Warns of Profit Risks Due to Chip Shortage and Climate Regulations
26.2.2024
On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...
SEC’s grip over crypto under scrutiny
26.2.2024
Coinbase and the US Securities & Exchange Commission (SEC) continue to lock their heads in the legal sphere. Coinbase filed an MTD in August, and the community now awaits the final verdict. If favorable, Coinbase would land a judgment on the limits of the Commission. The company believes that...
Craig Wright Releases 164,000 Pages of Evidence in COPA Trial
22.2.2024
On February 20, self-proclaimed Bitcoin creator Craig Wright submitted 164,000 pages of fresh evidence in his legal battle against the Crypto Open Patent Alliance (COPA). The ongoing trial has sparked increased scrutiny over Wright's claim that he created Bitcoin.
The post Craig Wright Releases...
Nigeria Asks Telcom Firms to Restrict Access to Binance, Coinbase Websites – Here’s Why
22.2.2024
Crypto exchange behemoths are facing serious scrutiny in Nigeria, as the country aims to clampdown crypto transactions. The government has directed telcoms to prevent access to crypto websites such as Binance, Coinbase and OctaFX.
The post Nigeria Asks Telcom Firms to Restrict Access to Binance...
KSI Faces Pump-and-Dump Allegations After Reopening Crypto-Focused X Account
15.2.2024
Renowned YouTube personality Olajide Olayinka Williams Olatunji, widely known as “KSI,” has found himself embroiled in controversy once again, facing allegations of cryptocurrency pump and dump schemes after reactivating a crypto-focused account on social media platform X. Does this...
Japan’s FSA Urges Tighter Scrutiny on Crypto Transfers, Citing Risk of Unlawful Activity
14.2.2024
Japan’s leading financial regulator, the Financial Services Agency (FSA), is urging institutions to place tighter scrutiny on crypto transfers, according to an official note published today. The joint note by the FSA and the country’s National Police Agency (NPA) refers to a high number...