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Crypto Market Regains Ground Ahead of Key US Jackson Hole Meeting

23.8.2022
The crypto market on Tuesday saw cautious optimism ahead of an annual key meeting of global central bankers known as the Jackson Hole Symposium, with prices of both bitcoin (BTC) and ethereum (ETH) climbing higher for the past 24 hours. The Jackson Hole Symposium is scheduled to begin in Wyoming...

Mayor of Japan’s Fukuoka Visits Ripple HQ to Talk Web3

23.8.2022
The Mayor of one of Japan’s biggest cities has paid a visit to the San Francisco headquarters of Ripple – further strengthening the ties between Japan and the American crypto firm. In a Twitter post last week, Emi Yoshikawa, the Ripple Vice President of Strategy and Operations posted a photo...

Two-thirds of Surveyed South Koreans Say Cryptoassets Aren’t Securities

22.8.2022
Over six in 10 South Koreans do not think cryptoassets are securities, a new opinion poll has found – although lawmakers may instead prefer to follow Washington’s lead in determining which coins to class as securities. The survey was conducted by Cratos, the operator of a blockchain...

10 Traditional Companies that are Moving into Crypto Despite Market Downturn

20.8.2022
Big traditional companies have continued to embrace crypto in a variety of ways over the past year, despite the current market downturn.  To keep you up to date on who is doing what to secure their slice of the crypto economy, we have gathered a list of 10 traditional companies that have recently...

Fed Reveals Guidelines for Crypto Banks Who Want to Open ‘Master Accounts’

16.8.2022
The Federal Reserve (Fed)'s governing board has unveiled guidelines that will standardize applications for “master accounts” from institutions “with novel charters,” including “cryptocurrency custody banks and their trade associations.”... Read More: Fed Reveals Guidelines for Crypto Banks Who Want...

US IRS Comes After Clients of Another Crypto Exchange

11.8.2022
In a tax-related effort, the US Internal Revenue Service (IRS) is asking permission to look into the customers of crypto prime dealer SFOX Inc. and its partner. The service responsible for collecting taxes is seeking to do just that – collect taxes, but this time it’s searching to identify...

Crypto Exchanges Hotbit and Bitfinex Face Regulatory Headwinds

11.8.2022
China-based crypto exchange Hotbit has suspended withdrawals after its assets were frozen due to an ongoing investigation. Meanwhile, Tether's sister company Bitfinex is ostensibly facing legal investigation in the US. Hotbit announced Wednesday that it has suspended trading, deposit, withdrawal...

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