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“# UAE reportedly plans to issue federal crypto license for VASPs ” The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers (VASPs) by the end of the first quarter. The Securities and Commodities Authority (SCA) in UAE is reportedly in the final stages of finalizing the…
“# New bill aims to ‘mitigate risks’ to US from El Salvador’s Bitcoin Law ” A bipartisan group of senators introduced legislation in the U.S. Senate which seeks to mitigate perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency. The proposed Accountability for Cryptocurrency in El Salvador Act (ACES) aims to…
“# Bitcoin price is ‘likely starting the next push up’ if $42K holds as support ” The cryptocurrency market remains in a state of flux as investors are once again focused on what steps the U.S. Federal Reserve might take to combat rising inflation and markets wobble as the situation in Ukraine remains tense. Data…
“# SEC v. Ripple: Here’s how two 2012 memos can turn the tide in the milestone crypto case ” Ripple’s court battle with the United States Securities and Exchange Commission has recently seen new developments that, according to some observers, could foreshadow an impending resolution of this massively consequential case. Feb. 17 marks the deadline…
“# Not taking the time to learn about BTC is ‘Europe’s biggest risk,’ says Belgian MP ” Christophe De Beukelaer is the first European politician to convert his entire salary to Bitcoin (BTC). He kicked off 2022 with the bold move, hoping to raise awareness about Bitcoin and alternative monetary models, financial education and get people…
“# Colorado governor says he expects state to accept tax payments in crypto by summer ” Jared Polis, the governor of Colorado, has announced that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022. In a Tuesday CNBC interview, Polis said crypto holders in Colorado could have…
“# Making sense of the Bitfinex Bitcoin billions ” It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish jail cells and nonfungible token auctions for dead rappers. The plot involves the United States Department of Justice (DoJ), a crypto exchange…
“# Banning Bitcoin in Russia is ‘same as banning the internet,’ minister says ” Banning cryptocurrencies like Bitcoin (BTC) is impossible, Russia’s finance minister Anton Siluanov declared as the Bank of Russia keeps calling on the state to ban crypto in the country. Placing a ban on crypto in Russia is the “same as banning…
“# Binance’s Paysafe deal worries UK financial watchdog ” The Financial Conduct Authority (FCA), the top financial authority in the United Kingdom, has raised concerns over Binance’s recent partnership with Paysafe, a retail payment processor. The U.K. financial watchdog said the latest partnership of Binance gives it access to the extensive retail payment network via…
“# Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads ” The Super Bowl advertisements by crypto companies including Coinbase, FTX, and several others ruled the social media and news headlines for their out-of-the-box approach. However, The United States Senate Banking Committee chief Sherrod Brown was not impressed and…