America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets. The NCUA outlined its stance on crypto in an open letter to unions, explaining that they could “buy, sell and hold various uninsured…
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More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border nature of the transactions,” said the country’s central bank, the Monetary Authority of…
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Russia’s staunchly anti-crypto Central Bank has spelled out its “vision” for crypto regulation – but the painfully slow process of formulating a regulatory framework appears to be frustrating even the parliamentarian charged with creating legislation for the sector…. Read More: Russia Still No Closer to Regulating Crypto Despite Central Bank ‘Concession’ Read more »Pay,…
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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: Deutsche Telekom Arm to Validate Polkadot, IOTA Staking + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Nonkumbulo Tshombe, an advocate with the Financial Advisory and Intermediary Services (FAIS) Ombud, recently revealed that her office has noted a significant increase in the number of cryptocurrency-related complaints during the 2020/21 financial year. Cryptocurrency Not yet Regulated An advocate with the South African office of the financial services sector ombudsman, Nonkumbulo Tshombe, recently revealed…
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Roisman was sworn into the SEC in 2018 and served as acting chair until January 2021, with his term as commissioner originally set to expire in 2023. Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency. In a Monday announcement, Roisman…
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The premium on CME Bitcoin futures dropped to zero, but data shows pro traders are still bullish. Looking at the Bitcoin chart from a weekly or daily perspective presents a bearish outlook and it’s clear that (BTC) price has been consistently making lower lows since hitting an all-time high at $69,000. Bitcoin/USD on FTX. Source:…
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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: First Crypto Investment Outflows in 17 Weeks, MicroStrategy’s BTC Strategy + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The cryptocurrency bill that was listed to be taken up in the current session of parliament is reportedly being reworked. The government seeks wider consultation on crypto before finalizing the rules to govern digital currencies in India. Indian Government Seeks More Consultation on Proposed Crypto Legislation India’s cryptocurrency bill is unlikely to be introduced in…
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The Cryptocurrency and Regulation of Official Digital Currency Bill doesn’t appear among the bills that India’s lower house will consider as it concludes the winter session. The Indian government may still be considering a bill that could ban certain cryptocurrencies in the country, but lawmakers are unlikely to vote on any legislation in the current…
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