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“# ANZ bank settles debanking case with Aussie Bitcoin trader ” Bitcoiner Allan Flynn has settled his first complaint with the Australia and New Zealand Banking Group (ANZ) over being unilaterally debanked in 2018 due to his occupation as a Digital Currency Exchange (DCE). The settlement comes 20 months after the Canberra resident first filed…
“# ASIC targets pump and dump Telegram groups ” The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram. On Monday an account under the name “ASIC” posted a message in the “ASX Pump Organization” on Telegram to warn around 300 members of the group that “we’re monitoring this…
“# Uniswap taps former Obama campaign spokesperson to handle comms ” Decentralized exchange Uniswap has been making some interesting hires, the latest being a communications expert with close ties to the U.S. Democrat party. Former senior spokesperson for Barack Obama, Hari Sevugan, has joined the Uniswap Labs team according to protocol founder Hayden Adams who…
“# Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation ” On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation of digital assets in the United States. Coinbase presented the proposal as a product…
“#SEC votes to revive 2015 executive compensation clawback rule” The Securities and Exchange Commission on Thursday voted to revive a rule, left unfinished since 2015, that would expand the regulator’s powers to clawback executives’ compensation when a company had to restate its financials due to a compliance lapse. The SEC said it would seek a further round…
“# Mexico’s president rules out accepting crypto as legal tender ” President of Mexico Andrés Manuel López Obrador said the country was unlikely to follow in El Salvador’s footsteps by adopting cryptocurrencies like Bitcoin as legal tender alongside fiat. In a Thursday press conference, Obrador, also known as AMLO, said Mexico “must maintain orthodoxy” in…
“#Bitcoin surges 5% as optimism grows for SEC approval of ETF” Bitcoin is surging amid hope that the Securities and Exchange Commission is close to approving an exchange-traded fund that incorporates the digital coin. Bitcoin was trading at about $57,500 on Thursday morning, up 5 percent over the previous 24 hours, according to Coinbase data. …
“# Crypto adoption in sights: Regulators and industry join to fight ransomware ” With an increasing number of people forced to work from their homes, data suggests that ransomware attacks are at their all-time highest with the frequency of these incidents increasing by 45% over the course of April 2021 alone. Not only that, some…
“# Binance continues push to become regulated crypto exchange with new hire ” Crypto exchange giant Binance has hired Mark McGinness, former head of international relations at the Dubai Financial Services Authority (DFSA), as its chief regulatory liaison officer. According to an announcement issued on Thursday, Binance stated that McGinness will contribute to the company’s…
“# Russia considers new energy tariffs as Chinese crypto miners relocate ” The Russian Ministry of Energy is looking to introduce special electricity tariffs for cryptocurrency miners following migration of the industry into the country from nearby China. Russian Energy Minister Nikolai Shulginov announced Wednesday that the authority is working on a new framework to…