Tag: Regulation

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

S Korea Now Has 24 Licenced Crypto Exchanges – But Most Are Stuck in Crypto-to-Crypto Purgatory

  Medium-sized South Korean crypto exchanges are gunning for the “big four” trading platforms’ vice-like grip on the industry – but vital banking breakthroughs are still proving elusive…. Read More: S Korea Now Has 24 Licenced Crypto Exchanges – But Most Are Stuck in Crypto-to-Crypto Purgatory  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto News Rewind 2021: Q1 – Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments

  Here is what happened in the Cryptoworld in the first quarter of this year: Total crypto market capitalization in Q1 ____… Read More: Crypto News Rewind 2021: Q1 – Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO

FTX CEO Sam Bankman-Fried says stablecoins could be the most straightforward route to crypto industry regulation in revealing tweets. FTX founder and CEO Sam Bankman-Fried, also known as “SBF,” rounded off 2021 on an optimistic note. SBF waxed lyrical about the crypto market’s state in 2021 while revealing the roadmap for FTX in 2022 in…
Read more

Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht

A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested in Bangkok A 50-year-old man who allegedly scammed Thai…
Read more

Crypto Exchange Binance Receives Approval in Bahrain — Plans to Become Regulated, Centralized Worldwide

Binance has received in-principle approval from the Central Bank of Bahrain to operate a cryptocurrency service provider in the country. The license is part of Binance’s “plans to become a fully-regulated centralized cryptocurrency exchange,” the crypto exchange detailed. Binance Receives In-Principle Approval in Bahrain Crypto exchange Binance announced Monday that it has “received in-principle approval…
Read more

Binance Gets an Approval from Bahrain and a Fine from Turkey + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Binance Gets an Approval from Bahrain and a Fine from Turkey + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

India’s Swadeshi Jagran Manch Calls for Outright Ban on Cryptocurrency

The Swadeshi Jagran Manch (SJM), an affiliate of the nationalist Rashtriya Swayamsevak Sangh, has reportedly passed a resolution demanding a ban on cryptocurrency in India. “Disobeying the ban should make person/entity liable to financial penalty,” the resolution states. Swadeshi Jagran Manch Wants Crypto Outrightly Banned in India The Swadeshi Jagran Manch (SJM), the Indian economic,…
Read more

UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines

Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New…
Read more

DeFi Trends in 2022: Growing Interest, Regulation & New Roles for DAOs, DEXes, NFTs, and Gaming

____  _____ The decentralized finance (DeFi) sector has grown spectacularly in 2021, feeding into the growth of the wider crypto market which in turn has fed into it. It now accounts for more than USD 200bn in total value locked in, having stood at around USD 22bn on January 1…. Read More: DeFi Trends in…
Read more

Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds

Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment…
Read more