Tag: Regulation

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Binance Calls for Global Crypto Regulation While Launching ‘Crypto Is Evil’ Ad Campaign

Cryptocurrency exchange Binance has called for “global regulatory frameworks for crypto markets.” The company has also launched a “Crypto Is Evil” ad campaign featuring “10 Fundamental Rights for Crypto Users.” Binance Pushes for Global Crypto Regulation, Introduces ‘Crypto Is Evil’ Ads Cryptocurrency exchange Binance called for “global regulatory frameworks for crypto markets” Tuesday with a…
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Ripple Proposes ‘Real Approach to Cryptocurrency Regulation’

Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done now,” noting that it is the result of Ripple’s “direct interactions with regulators and bipartisan policymakers.” Ripple’s ‘Real…
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Traders watch for a trend reversal after Ethereum price drops to $4,100

ETH’s 13% drop to $4,100 led to $200 million in futures liquidations, but pro traders still have reason to stay long and strong. Ether (ETH) traders might have a few reasons to panic after today’s 13% drop down to $4,100. The swift pullback appears to have broken a 55-day ascending channel that had a target…
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DOJ Selling Cryptocurrency Seized From Bitconnect Worth $56 Million

The U.S. Department of Justice (DOJ) is selling cryptocurrency worth $56 million that was seized from the “number one promoter” of Bitconnect, the largest crypto fraud scheme ever charged criminally. Investors were fraudulently induced to invest over $2 billion. The Bitconnect promoter faces a maximum penalty of 20 years in prison. US Selling Crypto Worth…
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Investments in Bitcoin Increased, in Ethereum – Dropped + 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: Investments in Bitcoin Increased, in Ethereum – Dropped + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Israel’s AML Authority and Europol Zoom In On Crypto

Israel’s Money Laundering and Terror Financing Prohibition Authority (IMPA) has announced that new, tightened regulations will now apply to cryptoassets, fintechs, and various other financial products. The measures are designed to introduce more regulatory clarity and coherent standards, according to senior government representatives. They are also in line with the latest recommendations by the European…
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Federal Reserve Governors Don’t See Reason to Issue Central Bank Digital Currency

At least three Federal Reserve governors have said that they do not see a reason for the Fed to issue a central bank digital currency (CBDC). The Fed is currently putting together a report on a digital dollar to be released in the near future. Fed Governors Doubt Need for Digital Dollar Federal Reserve Governor…
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US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud

“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect. In a Nov. 16 announcement, the Justice Department said…
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Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto Market

Crypto exchange Huobi Global’s own cryptocurrency huobi token (HT) rose in an otherwise red crypto market today, before falling along with the rest of the market. The changes follow news that Huobi is moving its spot trading services to Gibraltar…. Read More: Huobi Token Sees Strong Performance Followed by Loss on Red Day for Crypto…
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Russian MPs Want Central Bank to ‘Consider Crypto’s Spread’

Russian lawmakers and regulators are pressing for crypto change, but will likely have to contend against a familiar foe in all things crypto-related in the country – the staunchly anti-crypto Central Bank. In an interview with RIA Novosti, Alexey Savatyugin, the Auditor of the Accounts Chamber (the parliamentary body that deals with financial control), stated…
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