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Iranian Lawmakers Oppose Crypto Restrictions, Call for Supportive Regulations
22.9.2021
Members of the Iranian parliament, the Majlis, have voiced concerns over Tehran’s restrictive policies towards innovations such as cryptocurrencies. Following the release of a study recommending a new approach towards the crypto industry, the lawmakers have called for the adoption...
Does Evergrande’s $300B debt crisis pose systemic risk to crypto industry?
16.9.2021
As onlookers predict top Chinese property developer and commercial paper issuer Evergrande will default, some analysts believe the firm poses systemic risks to crypto
Decentralization in Crypto Is a Hard to Measure Ideal
12.9.2021
ile views on just how much decentralization is desirable or optimal also differ significantly.While most figures within the crypto industry share overlapping conceptions as to what decentralization essentially is on a technical level, they tend to disagree as to whether it’s possible to measu
Aussie Banks Reject Crypto Industry’s 'Bullying' Allegations
10.9.2021
target="_blank" rel="noopener noreferrer" href="https://www.reuters.com/article/australia-banks-inquiry/update-1-australian-banks-reject-pressure-to-deal-with-cryptocurrency-firms-idUSL1N2QB06Z">reported by Reuters. McEwan claims the bank does not have a policy of debanking crypto-r
Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market
9.9.2021
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...
Crypto Market Is ‘Development Vector’ of Nation’s Digital Economy, Ukraine President Says
8.9.2021
President of Ukraine Volodymyr Zelensky has highlighted the importance of launching a legal digital assets market in his country during a working visit to the U.S. The Ukrainian head of state met with top investors including from the cryptocurrency industry. President Zelensky Highlights Importance...
Italian Soccer Champion Inter Secures $100 Million Crypto Partnership Deal
4.9.2021
Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around...
Cryptowisser : Bitcoin and Ethereum Synergy Essential for Crypto Industry Growth
30.8.2021
PRESS RELEASE. August 2021, leading Crypto service comparison site – Cryptowisser, compares the two cornerstones of cryptocurrency, Bitcoin and Ethereum. The latest analysis of the market focused on the pioneering cryptocurrencies Bitcoin and Ethereum. But, differing from the usual Bitcoin...
Kucoin Boss on Strategy After Hack: ‘We Chose to Act’
12.8.2021
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with various players from the crypto industry. This cooperation ultimately led to the recovery of...
Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation
11.8.2021
A commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions in its oversight of the crypto industry. SEC Commissioner Slams Agency for Focusing on Enforcement Actions in Regulating Crypto Assets SEC Commissioner...
Crypto Industry Finds Bright Side after Infra Bill Amendment Fails
10.8.2021
The Apotheosis of Washington in the eye of the US Capitol Building's Rotunda depicts George Washington rising to the heavens in glory, flanked by female figures representing Liberty and Victory/Fame and surrounded by six groups of figures. The sun has all but set on hopes of amending...
US Senator Warren Sees Benefits of Cryptocurrency but Warns ‘a Run on Crypto’ May Need Federal Bailout
9.8.2021
U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that “The biggest upside to cryptocurrency could be expansion or democratization of access to the financial system,” she warned that the crypto industry...
Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report
7.8.2021
U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillion infrastructure bill that is supported by the crypto community. The White House subsequently announced its support for a competing amendment. Yellen Exerting...
White House Unveiled as Puppet Master as New Amendment Threatens Crypto Industry
6.8.2021
The administration’s public support of a restrictive amendment calls into question the original motives of the crypto provision
SEC Has No Authority Over Pure Commodities Like Crypto Assets, Says CFTC Commissioner
5.8.2021
Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry. A CFTC commissioner clarified that pure commodities, including crypto assets, or their trading venues are not regulated by the SEC....
SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFs
5.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded...
Mike Novogratz blasts US officials for poor grasp over crypto industry
4.8.2021
The billionaire crypto proponent said politicians and regulators have a flawed understanding of crypto and its technological underpinnings
Updated Infrastructure Bill Still ‘Unacceptable’ for US Crypto Industry
2.8.2021
Heavyweight critics are gunning for a controversial new bill that they claim will see the United States “essentially abandon” the “fintech revolution” if passed into law.
The bipartisan measure, which addresses a range of infrastructure-related measures, could raise up to USD 28bn from crypto...
NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors
1.8.2021
As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market...
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges
27.7.2021
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto...