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Korean Government Says 28 Crypto Exchanges Have Met Regulatory Requirements to Continue Operations
18.9.2021
The deadline for cryptocurrency exchanges to meet the requirements to continue operations under new crypto regulations in South Korea is rapidly approaching. A total of 28 cryptocurrency exchanges have reportedly been cleared by the regulators to remain open. However, only four crypto exchanges...
American CryptoFed DAO seeks US SEC consent for stable utility tokens
18.9.2021
The Wyoming-based digital asset company has filed Form 10 and Form S-1 for registering and trading Locke and Ducat tokens
Securities Watchdogs File Orders Against Crypto Lender Celsius
18.9.2021
A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing...
US Senator Requests Government Agencies Step Up Efforts to Prosecute Criminal Use of Cryptocurrencies
17.9.2021
U.S. Senator Margaret Hassan has requested that government agencies take “additional targeted steps to prevent and prosecute the use of cryptocurrency for criminal purposes.” She expressed her concern over “the rise in the use of cryptocurrency for criminal purposes.”...
Canadian politician says he supports Bitcoin as federal election looms
17.9.2021
The former cabinet minister, known by some as Mad Max, has been outspoken in his criticism of vaccine mandates, mask mandates, and lockdowns in Canada during the pandemic
Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction
17.9.2021
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption...
Bybit crypto exchange suspends services in South Korea
17.9.2021
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
16.9.2021
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of government agencies are working together to prevent the use of...
Bridgewater’s Ray Dalio Warns Regulators Will Kill Bitcoin If the Crypto Becomes ‘Really Successful’
16.9.2021
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, believes that if bitcoin is “really successful,” the regulators will “kill it,” reiterating his previous concerns of governments banning cryptocurrencies. Nonetheless, he sees...
Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers
15.9.2021
On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and the Chivo wallet...
Bank of Russia wants to block ‘emotional’ and suspicious crypto activity
15.9.2021
The Russian central bank is planning to slow down payments to crypto exchanges and combat suspicious crypto activity
Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
15.9.2021
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using...
Sen. Warren goes after Ethereum network fees in committee hearing
14.9.2021
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren
President Biden announces picks to fill CFTC vacancies
14.9.2021
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote
New York Fed’s Consumer Inflation Report Expects US Inflation to Hit 5.2% by Next Year
14.9.2021
Americans are still very concerned about inflation as the latest Survey of Consumer Expectations (SCE) report from August indicates that U.S. consumers expect inflation to be 5.2% a year from now. The SCE response data hasn’t been this high since 2013, and it’s increased since...
Indian university joins Hedera decentralized governance council
14.9.2021
The Indian Institute of Technology Madras will test use cases around the Hedera Token Service, a public blockchain for payments
El Salvador's Bitcoin wallet is '95% fixed,' President Bukele says
14.9.2021
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout
US lawmakers propose adding digital assets to 'wash sale' rule and raising capital gains tax
13.9.2021
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users
US Treasury reportedly in talks for stablecoin regulation
13.9.2021
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once
Bitcoin investors are reportedly exempt from taxes in El Salvador
13.9.2021
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading