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SEC Chair Gensler: ‘We Don’t Have Enough Investor Protection in Crypto Finance, Issuance, Trading, or Lending’

16.9.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explained that there is not enough investor protection in cryptocurrency. He added that the securities regulator needs more funding and manpower to effectively regulate the crypto sector. SEC Chair Gensler Says More...

Cuba's cryptocurrency regulations take effect

16.9.2021
Crypto is now a legal method of payment for commercial transactions in the Island nation

Crypto and DeFi disintermediate banking in new ways, says OCC head

16.9.2021
The head of the body in charge of overseeing U.S. banks named cryptocurrency and decentralized finance (DeFi) activity among factors contributing to disintermediation of the banking system

Africa Has Some of the ‘Highest Grassroots Adoptions in the World’ — Chainalysis Crypto Preview

16.9.2021
While Africa is seen as one of the smallest cryptocurrency markets, according to a preview of Chainalysis’ Geography of Cryptocurrency annual report, this region has “some of the highest grassroots adoptions in the world.” African Volumes Mainly Composed of Retail Transfers...

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...

There's a Bitcoin boom among Baby Boomers reports BTC Markets

16.9.2021
Crypto asset investing has become more popular with Aussie boomers according to the country’s largest exchange

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...

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...

Protesters burn Bitcoin ATM as part of demonstration against El Salvador president

15.9.2021
The Chivo machine could be seen defaced with anti-BTC logos and a sign saying “democracy is not for sale.”

NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions

15.9.2021
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General...

HOGE Announces Collaboration With the DeFi Angels

15.9.2021
The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could...

Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...

25% of South Africans Own Cryptocurrency With Average Value of Assets Held Below $70

15.9.2021
According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future....

Fidelity lobbies SEC to approve Bitcoin ETF in private meeting

15.9.2021
Fidelity argues that Bitcoin markets have already reached maturity under the SEC’s own standards

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...

Ark Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation

15.9.2021
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission...

Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds

14.9.2021
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer...