Category: cryptocurrencies

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Updated Russian Crypto Bill Defangs Punishments for Using Crypto

Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. A new version of Russia’s major draft bill on cryptocurrency regulation does not include criminal offence codes as lawmakers are expected to hold the bill’s second reading tomorrow. According to official records of…
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What the DOGE Is Going on? TikTok Creates New Crypto Trading Paradigm

The short-lived outburst of trading activity could hint at a larger trend in both cryptocurrency and stock trading. Less than two weeks after the price and trade volume of Dogecoin (DOGE) exploded following a get-rich-quick TikTok challenge that went viral, the meme coin has been making headlines again. This time, Elon Musk’s humorous tweet briefly…
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Romania Is on the Way to Blockchain and Crypto Regulation

The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. The European Union and the European Central Bank wanted to create a unitary legal framework that would limit the anonymity of cryptocurrency transactions, especially in the spectrum of money laundering, terrorist financing and tax…
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Mastercard Expands Cryptocurrency Program for Crypto Card Issuers

Mastercard is reaching out to cryptocurrency firms and encouraging them to apply to become partners as part of its newly-expanded cryptocurrency card program. Mastercard is reaching out to cryptocurrency firms and encouraging them to apply to become partners as part of its newly-expanded cryptocurrency card program. On July 20, Mastercard said it was simplifying access…
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Korean Exchanges Struggle With Expansion Amid Uncertain Regulations

Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity. The lack of regulatory uncertainty in South Korea is causing major Korean cryptocurrency exchanges to lose international traders and turn their focus on the domestic audience. Speaking to Cointelegraph, a spokesperson of the South Korean exchange Upbit expressed his concern about…
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CZ Shares Thoughts on Judging Token’s Success

Binance CEO shed some light on how to judge the success of a project’s token economics. Top cryptocurrency exchange Binance’s CEO revealed his thoughts on token economics to explain how finance in the emerging new crypto industry works.  According to Binance’s blog post on July 18, Changpeng “CZ” Zhao pointed out that it makes more…
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Huobi Japan Opens Voting on Listing 6 New Tokens

Account holders at crypto exchange Huobi have the opportunity to vote this month on which of six new tokens they would like to see listed. Major Japanese exchange Huobi is asking its users to vote before August 16 on which new cryptocurrencies they would like to see listed.  According to an update on the Huobi…
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Improving AML/KYC Compliance Will Be a Differentiator Says Exec

Trulioo said improving compliance for AML and KYC can be a big differentiator for crypto companies. The ability to verify documents and comply with anti-money laundering (AML) and know-your-customer (KYC) requirements is now a differentiator for crypto firms, said identity verification provider Trulioo. Anatoly Kvitnitsky, Trulioo’s vice president for growth, told Cointelegraph that as crypto…
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Twitter Hack Special: $120K Stolen, FBI Investigate, Calls to Ban BTC — Hodler’s Digest, July 13–19

Top celebrities, politicians and businesses are caught up in a “social engineering attack” on Twitter — with theories swirling around that it could have been an “inside job.” Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights,…
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Institutional Investors Are Turning Their Attention to Decentralized Finance

Why we are now seeing clear institutional interest in the growing space of decentralized finance that will take it to the next level. The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s…
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