# Crypto.com pauses withdrawals due to ‘suspicious activity’

# Crypto.com pauses withdrawals due to ‘suspicious activity’

“# Crypto.com pauses withdrawals due to ‘suspicious activity’ ” Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after “a small number of users reporting suspicious activity on their accounts,” but all funds are reportedly safu at the moment.  We have a small number of users reporting suspicious activity on their accounts. We will…

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# Bitcoin payments decline as other cryptocurrencies grow

# Bitcoin payments decline as other cryptocurrencies grow

“# Bitcoin payments decline as other cryptocurrencies grow ” BitPay Inc., one of the world’s most well-known crypto payment processors, has seen a shift in the type of digital assets used for purchases over the last year, according to a Bloomberg report. According to Bitpay, Bitcoin’s (BTC) usage at businesses that use its payment system…

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# OCC Comptroller calls for federal collaboration with crypto intermediaries

# OCC Comptroller calls for federal collaboration with crypto intermediaries

“# OCC Comptroller calls for federal collaboration with crypto intermediaries ” The Acting Comptroller of the Currency, Michael J. Hsu, highlighted the need for collaboration and coordination with large crypto intermediaries to better understand the risks within the growing $2 trillion cryptocurrency market.  Speaking at the Transatlantic Finance Forum on the topic of “The Future…

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# Hong Kong begins discussions to introduce stablecoin regulatory framework

# Hong Kong begins discussions to introduce stablecoin regulatory framework

“# Hong Kong begins discussions to introduce stablecoin regulatory framework ” Hong Kong’s central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public opinion on regulations for crypto-assets and stablecoins. The state-backed regulator intends to establish a regulatory framework by 2023-24. HKMA’s “Discussion Paper on Crypto-assets and Stablecoins” highlights the…

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