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“# Tyler Winklevoss thinks Bitcoin is past the risk of a US ban ” The United States government has increasingly stepped up its overwatch on crypto in recent years, although an outright ban on Bitcoin is now unlikely — at least according to Gemini CEO and co-founder Tyler Winklevoss. “I think, if we were back…
“# Bitcoin surge could be driving digital yuan interest, says People’s Bank of China ” The cryptocurrency space may be helping to spawn its own competitors after a representative of the People’s Bank of China said Bitcoin’s (BTC) recent surge had caused renewed interest in the nation’s digital yuan project. The digital yuan is China’s…
“# Thai SEC says investors should have crypto trading experience ” Thailand’s Securities and Exchange Commission has clarified its guidelines to stipulate that those trading cryptocurrencies in the country should have some foundational knowledge. In a Facebook Live video from the Thai SEC today, secretary-general Ruenvadee Suwanmongkol said the regulatory body’s proposed guidelines now say…
“# South Korean gov’t makes $10.5M profit from 4-year-old Bitcoin crime haul ” South Korean prosecutors have finally sold a Bitcoin (BTC) haul they confiscated from a criminal in 2017 and it’s worth $10.5 million more than it was at the time of the arrest. The cash has reportedly been deposited in the coffers of…
“# Prometheum and Anchorage set to launch alternative cryptocurrency trading system ” Anchorage Digital Bank, a pioneer of digital asset custody, and cryptocurrency trading platform Prometheum are in the final approval phase for an alternative trading system, or ATS, tailed specifically for crypto investors. Prometheum Ember ATS, also known as PEATS, is vying to bring…
“# Uphold obtains FINRA approval to acquire US broker-dealer ” Cryptocurrency wallet and trading platform Uphold has received regulatory approval to purchase JNK Securities, a U.S. broker-dealer. In an announcement from Uphold today, the U.S. Financial Industry Regulatory Authority, or FINRA, gave the firm the green light to acquire JNK Securities. Uphold said the acquisition…
“# Our Man in Shanghai: Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike ” Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day…
“# Texas chases after Wyoming with crypto law proposal, but challenges remain ” Everything is bigger in Texas, but when it comes to crypto-friendly legislation, this doesn’t seem to be the case… just yet. On March 12, 2021, Texas Representative Tan Parker introduced the Uniform Commercial Code, also known as UCC, amendment bill (House Bill…
“# Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India ” An Indian cryptocurrency ban would have grave implications for the future of the country’s economy, and would result in currency devaluation “of the worst form,” says blockchain entrepreneur and HashCash CEO Raj Chowdry. Chowdry, also the managing director of the United States-based…
“# Wirex halts UK signups after consultation with financial regulator ” London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups was apparently voluntary, according to a press release posted…