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Indian Crypto Exchanges Disable UPI, Other Payment Options
14.4.2022
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges....
Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto
14.4.2022
The chief architect of Russia’s crypto legislation has suggested that only industrial miners could be allowed to continue operating after the country unveils its long-awaited legislation for the Bitcoin (BTC) & crypto sector in this aggressor state....
Read More: Russia: Only Industrial Players...
China-based regulatory and trade associations target NFTs in latest risk notice
13.4.2022
“We solemnly call on consumers to [...] be vigilant and stay away from NFT-related illegal financial activities,” said the associations
Regulating crypto firms: 'It's important that policymakers are involved,' says Web3 Foundation COO
13.4.2022
According to Bertrand Perez, some lawmakers are still making decisions “too fast or without having education” on crypto, but Libra may given them a push to develop a framework
XRP price bounces to $0.72 but still risks new lows in April — Here's why
13.4.2022
XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure
Brazilian Senate announces incoming approval of the ‘Bitcoin law’
13.4.2022
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market
Central Banks Struggle With Privacy-related CBDC Headaches
13.4.2022
As a number of countries across the globe are working on developing their respective central bank digital currencies (CBDCs), ensuring a separation between identity and transaction data could produce a better environment for privacy protection and could lead to public confidence and trust...
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
13.4.2022
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as...
Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions
13.4.2022
An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong...
‘Let’s Create a Crypto Ministry,’ Industry Urges South Korean President-Elect
13.4.2022
A summit of South Korean lawmakers, industry chiefs, and leading academics has called for the country’s President-Elect Yoon Suk-yeol to create a minister – or a ministry-level agency – for the crypto sector....
Read More: ‘Let’s Create a Crypto Ministry,’ Industry Urges South Korean...
USDC Stablecoin Issuer Centre Hires 2 Executives to Oversee Regulation, Operations
12.4.2022
The issuer of the second-biggest stablecoin has hired two new executives to oversee policy and operations
Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
11.4.2022
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq's Jake Rapaport
Law Decoded: Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11
11.4.2022
The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval
Bitcoin and Ethereum Investment Outflows Accelerate, No 'Significant Stress Among Investors' + More News
11.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin and Ethereum Investment Outflows Accelerate, No 'Significant Stress Among Investors' + More News
Coinbase Ranks Top Among Crypto Exchanges, ‘Oligopoly’ Seen on Horizon
11.4.2022
The US-based crypto exchange Coinbase came in with the top score in CryptoCompare’s latest Exchange Benchmark Report, with a strong team and compliance with regulations making the exchange stand out among its peers. Meanwhile, further industry consolidation is expected, with the possibility...
FDIC Asks Thousands of Banks to Disclose Crypto Plans
11.4.2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit...
United States Crypto Lobbyists Making Inroads at State Level – Report
11.4.2022
Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.
Per a report from the New York Times, in the Florida House in March, legislators “swiftly gave final approval” to a bill...
Coinbase Halts India's UPI Support After Regulatory Uncertainty
11.4.2022
Major crypto exchange Coinbase has halted support for the Unified Payments Interface (UPI), India's payment system, following a statement by the country watchdog that claimed it was not aware of "any crypto exchange using UPI."
"Purchases with this payment method are temporarily unavailable,"...
Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets
11.4.2022
Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. Interoperability of CBDCs Just under...
UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration
11.4.2022
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to register with the FCA was last week but these five firms’ applications are still...