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Tag: regulation

# Turkish finance ministry to study cryptocurrency with local regualtors
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# Turkish finance ministry to study cryptocurrency with local regualtors

Admin5 years ago07 mins

“# Turkish finance ministry to study cryptocurrency with local regualtors ” Turkey made itself a name as a crypto-friendly country with a “wait and see” approach on digital assets, but that could be about to change as the government is now ready to take things in hand. The Turkish Ministry of Treasury and Finance went…

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# Thai SEC forced to clarify proposed crypto rules after public backlash
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# Thai SEC forced to clarify proposed crypto rules after public backlash

Admin5 years ago05 mins

“# Thai SEC forced to clarify proposed crypto rules after public backlash ” Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment in the country. According to a report by the Bangkok Post on Tuesday, the Commission has clarified…

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# NY Attorney General warns investors and crypto firms of ‘extreme risks’
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# NY Attorney General warns investors and crypto firms of ‘extreme risks’

Admin5 years ago05 mins

“# NY Attorney General warns investors and crypto firms of ‘extreme risks’ ” Following weeks of volatility in the crypto markets and two high-profile legal cases involving crypto firms in New York state, NY Attorney General Letitia James has issued her starkest warning yet to all participants in the industry. In a double alert published on…

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# ‘Play by the rules or we will shut you down,’ says NY AG to crypto industry
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# ‘Play by the rules or we will shut you down,’ says NY AG to crypto industry

Admin5 years ago04 mins

“# ‘Play by the rules or we will shut you down,’ says NY AG to crypto industry ” New York Attorney General Letitia James is advising members of the crypto industry and investors to stay vigilant against participating in or becoming a victim of illegal activities.  According to the New York Attorney General’s office, James…

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# Central bank digital currency a mixed blessing, says RBI
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# Central bank digital currency a mixed blessing, says RBI

Admin5 years ago04 mins

“# Central bank digital currency a mixed blessing, says RBI ” India’s central bank has recognized the potential benefits of central bank digital currencies but not without including a few pitfalls. The Reserve Bank of India offered its assessment of CBDCs as part of its report on currency and finance issued on Feb. 28. As…

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# China’s Inner Mongolia to shut down crypto mining farms by April 2021
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# China’s Inner Mongolia to shut down crypto mining farms by April 2021

Admin5 years ago03 mins

“# China’s Inner Mongolia to shut down crypto mining farms by April 2021 ” Authorities of the Chinese autonomous region of Inner Mongolia have proposed to close down all local cryptocurrency mining facilities to reduce energy consumption in the region. The Inner Mongolia National Development and Reform Commission, or NDRC, released an official proposal to…

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# Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions
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# Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions

Admin5 years ago013 mins

“# Transparent stablecoins? Conclusion of Tether vs. NYAG raises new questions ” A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up…

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# Professional traders need a global crypto sea, not hundreds of lakes
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# Professional traders need a global crypto sea, not hundreds of lakes

Admin5 years ago019 mins

“# Professional traders need a global crypto sea, not hundreds of lakes ” Coinbase’s IPO announcement has been hailed as “a milestone for the crypto industry” by Fortune Magazine. Similar to the Netscape IPO announcement that signaled the legitimacy of the internet, Coinbase’s impending public offering signals to the public at large that cryptocurrency trading…

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# While Washington dithers, Wyoming and other US states mine for crypto gold
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# While Washington dithers, Wyoming and other US states mine for crypto gold

Admin5 years ago017 mins

“# While Washington dithers, Wyoming and other US states mine for crypto gold ” The United States is divided politically these days into red states and blue states, and increasingly, it seems to be fracturing into cryptocurrency-friendly and crypto-wary locales, too. On Feb. 21, it was revealed that San Francisco-based Ripple Labs had registered as…

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# What DeFi needs to do next to keep institutional players interested
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# What DeFi needs to do next to keep institutional players interested

Admin5 years ago014 mins

“# What DeFi needs to do next to keep institutional players interested ” The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have. There is undoubtedly a trend in the market toward greater…

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