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” Crypto projects respond to privacy coin ban in Dubai “ The Virtual Asset Regulatory Authority (VARA) recently provided the much-awaited guidelines for virtual asset service providers (VASPs) in Dubai, United Arab Emirates, which included a ban on privacy coins. On Feb. 7, VARA released several rulebooks for VASPs including the “Virtual Assets and Related…
” Community urges Coinbase to relist XRP as CEO fights for staking “ Amid Coinbase cryptocurrency exchange standing up for crypto staking and economic freedom, the online community has urged the company to support XRP as well. On Feb. 9, Coinbase’s chief legal officer Paul Grewal claimed that Coinbase’s staking program is not affected by…
” South Korea sets independent sanctions for crypto theft against North Korea “ South Korea announced its first independent sanctions related to cryptocurrency thefts and cyber attacks against certain North Korean groups and individuals. According to Seoul’s Ministry of Foreign Affairs, four North Korean individuals and seven businesses have been placed on a blacklist for…
” Bitzlato co-founder released from brief arrest and questioning: Report “ Local Russian media outlets reported on Monday that Bitzlato co-founder Anton Shkurenko was detained in Moscow on Feb. 6 at the request of Interpol. However, according to a Feb. 10 report from CoinDesk, Shkurenko was stopped and detained by the local police for an…
” Stablecoin issuer Paxos reportedly probed by New York regulators “ Paxos Trust Company — the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) — is reportedly being investigated by the New York Department of Financial Services (NYDFS). A “person familiar with the matter” told Bloomberg in a Feb. 10 report that…
” ‘Agent of an anti-crypto agenda’ — Community slams Gensler over Kraken crackdown “ Members of the crypto community are seemingly outraged over the recent charges laid against crypto exchange Kraken in relation to its staking-as-a-service program in the United States. On Feb. 9, the United States Securities Exchange Commission (SEC) announced it had settled…
” ‘Kraken Down’ — SEC commissioner rebukes own agency over recent action “ United States Securities and Exchange Commission (SEC) commissioner Hester Pierce has publicly rebuked her own agency over the shut down of Kraken’s crypto staking program in the United States. The commissioner blasted her regulator in a Feb. 9 statement called “Kraken Down,”…
” Ethereum co-founder Joe Lubin says no chance ETH is classed as security “ Ethereum co-founder and crypto entrepreneur Joseph Lubin is confident that Ether (ETH) won’t be classified as a security in the United States. Cointelegraph spoke with Lubin, Ethereum co-founder and founder of blockchain tech firm ConsenSys, in Tel Aviv at the Web3…
” Mississippi senate passes bill to protect cryptocurrency miners from discrimination “ The American state of Mississippi is one step closer to protecting the rights of cryptocurrency miners after the state senate passed the Mississippi Digital Asset Mining Act on Feb. 8. There is a companion bill under consideration in the state house of representatives. …
” Kraken reaches $30M settlement with SEC over staking as IRS seeks user information “ Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs to U.S. clients. In a Feb. 9 announcement, the SEC said it had charged Kraken with “failing to…