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Brussels’ Fledgling Crypto Industry Flexes Its Muscles
23.6.2022
The city that hosts the EU also wants to influence it, with key decisions upcoming on the regulation of NFTs and DeFi
Crypto Industry Is Still 'Embryonic,' WEF Finance Lead Says
21.6.2022
CoinDesk has written before about the sheer presence crypto had during the World Economic Forum’s annual meeting this past May. This past week, I sat down with Matthew Blake, WEF’s head of the Future of Financial and Monetary Systems, to discuss the role the crypto industry might play in future...
BTC Markets becomes first Australian crypto firm to get a financial services license
21.6.2022
While the license isn’t currently needed for crypto companies in Australia, BTC Markets says it is preparing the exchange for upcoming regulations, which may help it gain other complementary certifications
The crypto industry must do more to promote encryption, says Meltem Demirors
15.6.2022
Meltem Demirors sat down with Cointelegraph to express why the industry needs to focus on privacy and freedom when it comes to regulations
After Terra and Celsius, Crypto Market Now Might Be Hit With Three Arrows
15.6.2022
The major crypto hedge fund Three Arrows Capital (3AC) is rumored to be insolvent, with reports suggesting the firm has already faced massive liquidations and on-chain data indicating large sales of ethereum (ETH) staked on staking provider Lido in the past week....
Read More: After Terra...
South Korean Government Calls for Voluntary Regulations From Crypto Industry
15.6.2022
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean...
Lithuanian Government Approves Stricter Crypto Regulations
11.6.2022
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war...
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
The Crypto Industry Needs to Unite to Bring Together a Global Regulatory Framework
2.6.2022
Valentina Drofa is the Founder and CEO of Drofa Comms, an international PR consultancy for financial and fintech companies.______...
Read More: The Crypto Industry Needs to Unite to Bring Together a Global Regulatory Framework
Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report
31.5.2022
Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. New Turkish Crypto Legislation Underway Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last...
Undervalued Metaverse Project Mars4 Is Preparing for New Releases
31.5.2022
In the crypto industry, investors are always on the search for undervalued projects that have the greatest potential for increasing early investors’ returns. Finding these hidden gem initiatives just before noteworthy launches is an easy way to profit. Mars4 is one of these projects to keep...
Swinburne Uni brings Web3 firms to class
27.5.2022
The industry will be able to “tap into future talent” as the partnership sees Judo Bank and Web3 firm Banxa and co-creating content, hosting lectures, providing case studies and even giving students access to their networks
Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets
27.5.2022
With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest...
Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
25.5.2022
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
The comptroller presented his opinion...
OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
24.5.2022
Michael Hsu, who runs the U.S. Office of the Comptroller of the Currency, said the recent fiery collapse of TerraUSD (UST) and the wider drama that came with it should serve as a “wake-up call” to the industry, which he argued has grown too fast
Crypto Industry Battles to Exempt NFTs, DeFi From Tax Reporting Rules
23.5.2022
The OECD is trying to introduce new rules to stop crypto being used to stash assets out of sight of the taxman
Binance CEO Shares Lessons Learned From Terra Fall, Says He is 'Pleased by the Crypto Industry Resilience'
23.5.2022
Addressing the historic fall of the Terra (LUNA) ecosystem, major crypto exchange Binance CEO Changpeng Zhao (CZ) said that he is "pleased by the resilience the crypto industry has shown." However, he also shared some lessons that the industry should learn from the Terra fallout.
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US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets
19.5.2022
Alessio Evangelista, the associate director for Enforcement at the Financial Crimes Enforcement Network (FinCEN) said “too often” crypto service providers have opted to keep their head in the sand about blatantly suspect wallets “right up until the day of an OFAC designation or criminal indictment.”
What happened? Terra debacle exposes flaws plaguing the crypto industry
13.5.2022
The downfall of Terra calls into question the real-world utility as well as the long-term viability of algorithmic stablecoins
For the crypto industry, supporting sanctions is an opportunity to rebrand
8.5.2022
Failure to align with the wider financial services industry by enforcing sanctions against Russia will come at a high cost for the crypto sector