Regulation - Tag Archives - Cryptonews (Page 111)

Regulator is Like a ‘Bulldozer’ but Crypto is ‘Resistant to State Control’

The regulatory battles against the crypto industry continue, with new ones instigated daily it seems – as, in the US, the latest to find itself as the mark is crypto exchange Kraken. Yet, while some warn of bulldozing power of regulations, others argue that crypto in its essence is...

, by Sead Fadilpašić

The Biggest Crypto Economy, Bitcoin Reaches Verifone, Alibaba Ban + 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.____Adoption newsCentral, Northern, & Western Europe (CNWE) has the biggest crypto economy in the world, receiving over USD 1trn...

, by Linas Kmieliauskas

OKEx and Huobi Tokens Try to Recover as Chinese Ban Takes Effect

Following last week’s updated ban on crypto-related activities in China, the tokens of some exchanges with ties to the country now appear to be trying to recover their heavy losses. At 09:25 UTC on Tuesday, Huobi Global’s huobi token (HT) saw a slight rise of 0.2% for the past 24...

, by Fredrik Vold

Crypto in Chaos, but Blockchain-powered Pay and Stablecoins Thrive in S Korea

South Korea’s crypto industry may have suffered a body blow over the weekend, with a slew of exchanges and wallet providers closing or suspending business operations: a tough regulatory deadline turned a once-thriving sector into a tiny “oligopoly.” But the story is very different...

, by Tim Alper

Ethereum Scientist Pleads Guilty, Bitcoin Leads Institutional Investments Again + 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.__________Legal newsVirgil Griffith, an Ethereum Foundation scientist, pleaded guilty to helping North Korea evade US sanctions just...

, by Linas Kmieliauskas

South Korean Crypto Sector Still Reeling from Last Week’s Carnage

The fallout from the mass crypto exchange closures exacted in the past few days in South Korea is likely to rumble on for days if not weeks – although regulators are trying to put a gloss on the situation by claiming “damage” to the exchanges’ customers will be...

, by Tim Alper

South Korean Taxman to Be Granted Right to Search Crypto Tax Evaders’ Homes

Things are going from bad to worse for South Korean crypto investors. Fresh from seeing their crypto exchange options shrivel to just four, heavily audited platforms on Friday, they are now being told that if they seek to sidestep crypto trading profits reporting protocols, their coins could be...

, by Tim Alper

TIME NFTs, QuadrigaCX on Netflix, Suex Fights Back + 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.__________ NFTs newsThe TIME Magazine non-fungible token (NFT) collection, dubbed “TIMEPieces” and offering unlimited...

, by Sumejja Muratagić-Tadić

Crypto Market Dives as China Continues Crackdown, Singles out Tether & Foreign Platforms

The Chinese central bank, along with a group of ministries, financial regulators, and national-level courts, has issued a joint statement confirming a hard-line stance on crypto. And perhaps worryingly for stablecoin issuers will be the fact that the parties have mentioned tether (USDT) by name...

, by Fredrik Vold

Last-gasp Negotiations Fail as All But 4 S Korean Crypto Exchanges Frozen out of Fiat Markets

The South Korean crypto sector has been left reeling after all but four of the nation’s trading platforms either ceased operations or removed fiat KRW pairings and fiat on/off ramp services.The platforms were told to secure real name-authenticated banking partnerships and obtain information...

, by Tim Alper

Crypto Carnage Awaits 2.2M S Korean Account Holders On Friday

South Korean regulators have held an emergency meeting ahead of a crucial day, which could see the vast majority of the nation’s crypto trading platforms shut down ahead of a regulatory deadline on September 24, with many others removing fiat KRW deposits and KRW-crypto trading.Per Donga and...

, by Tim Alper

Another Potential Unfriendly Crypto Regulator, Mercedes FTX + 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.____Regulation newsUS President Joe Biden plans to nominate law professor Saule Omarova, who has criticized cryptocurrencies, to run the...

, by Linas Kmieliauskas

Celebrity Endorsement Weighs Heavily for US Crypto Investors – Survey

Crypto owners differ from other investors in how they gather information about potential investments, a survey conducted by the business intelligence firm Morning Consult has revealed. In particular, celebrity endorsement of cryptoassets appears to weigh heavily when crypto holders make their...

, by Fredrik Vold

Brace For ‘Really Volatile’ 6-12 Months in Crypto Regulatory Sphere – Novogratz

There is “absolutely no doubt” that Gary Gensler, the US Securities and Exchange Commission (SEC) chairman installed earlier this year, is seeking to regulate crypto, and that he “wants to be the sheriff of cryptoville,” according to CEO of Galaxy Digital Mike...

, by Fredrik Vold

High Yields Draw Institutions to DeFi, But Hurdles Remain

The “mind-boggling” yields that are available in decentralized finance (DeFi) protocols are simply too tempting to resist for institutions, according to panelists at a recent discussion about institutional adoption of DeFi.In the discussion, titled “Institutional DeFi: The Herd is...

, by Fredrik Vold

Over USD 800M New Investments, Crypto.com Enters NBA + 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.____Investments newsInvestment management companies Invesco and Galaxy Digital have jointly filed a registration statement for a...

, by Linas Kmieliauskas

# Regulation (Page 111)

Cryptonews in numbers