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Crypto is too big to exist outside of public policies, warns SEC chair

1.9.2021
SEC boss Gary Gensler believes crypto assets need to act within a public policy framework to survive over the long term

Seychelles Law Enforcement Receives Request to Probe Transfer of 230K Onecoin Bitcoins

1.9.2021
The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked to the transfer of 230,000 bitcoins. The cryptocurrency is said to be associated with pyramid scam Onecoin. Onecoin Loot in Dubai Besides...

Naomi Osaka Reveals New NFT, Dogecoin Sparks Tennis Star’s Interest in Cryptocurrencies

31.8.2021
The popular professional tennis player Naomi Osaka has been discussing non-fungible token (NFT) assets and the meme crypto asset dogecoin in recent times. In a recent interview, Osaka said that she’s been talking to her agent about dogecoin and that she sees the crypto ecosystem “is...

Genesis Digital Assets Acquires 20,000 Bitcoin Mining Rigs From Canaan, Company Has Option to Buy 180K More

31.8.2021
The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also...

Genesis Digital Assets buys 20K Bitcoin miners after $125M raise

31.8.2021
Canaan has also granted Genesis Digital Assets an opportunity to buy up to 180,000 additional BTC mining machines

South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’

30.8.2021
The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as he prefers to call them, are not currencies because they fail to meet...

ECB Vice President States Crypto Should Be Regulated Like Other Assets

30.8.2021
European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared...

IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender

30.8.2021
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The crypto community disagrees. IMF Claims Bitcoin Is Privately Issued Crypto With...

Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US

30.8.2021
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). “There has often been a grossly inaccurate...

24 Hour Double-Digit Crypto Gainers: Ecash Jumps 40%, Tezos Spikes 16%, Arweave Gains 12%

29.8.2021
During the last week, a large quantity of popular crypto assets have consolidated and have even seen some slight losses during the last seven days. However, there’s a slew of crypto coins that have seen significant double-digit gains during the last 24 hours. Ecash, Tezos, Arweave, Bitcoin...

Afghanistan’s Economic Crisis: ‘No One Has Money’ Says Afghani Banker After US Seized Central Bank’s Assets

28.8.2021
The troubles in Afghanistan rage on after the U.S. government spent 20 years and trillions of dollars on a conflict that was never resolved. The U.S. government, Federal Reserve, and allied partners have seized the central bank of Afghanistan’s assets and as time passes, the country’s...

Meme-Crypto Wars: Dogecoin and SHIB Prices Falter, Cake Monster Jumps Over 800% in 7 Days

28.8.2021
In 2021, meme-based crypto assets skyrocketed in value following the lead of the original meme crypto-asset dogecoin’s massive gains. This week a great number of digital currencies have rebounded in price but a slew of popular meme tokens are not doing so hot this week. However, one specific...

Binance Discontinues Support for Norwegian Krone Pairs, Payments and Language

28.8.2021
Cryptocurrency exchange Binance is discontinuing certain offerings in Norway. The news comes amid regulatory pressure around the world which the global trading platform is working to address. The company is also dropping Norwegian from its website’s language options. Crypto Exchange Binance...

UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements

26.8.2021
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is...

Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe

25.8.2021
U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European...