Cryptocurrency

December 08, 2022

Hong Kong to subject crypto exchanges to the same laws governing TradFi

The new law will introduce a licensing system for infrastructure service providers, requiring them to comply with strict anti-money laundering and anti-money laundering laws.   Hong […]

Crypto lender Genesis has no solution yet for withdrawal halts

Genesis said it will take several more weeks to figure out a recovery plan for its lending business.   Crypto-lending platform Genesis has told customers that […]
December 07, 2022

US lawmakers want State Department to justify crypto rewards and disclose payouts

The State Department should provide a report on the use of cryptocurrencies as a means of payment and evidence that it is more encouraging for those […]

Japan recommends against algorithmic backing in stablecoins

The potential legal status of streaming at the Japan Financial Services Agency is unclear as the current law is silent on algorithmic stablecoins.   After passing […]

Gate.io pledges $100M to revive crypto and rebuild investor confidence

With investors shifting their money from exchanges to private holdings, the market’s financial crisis poses an immediate threat to struggling crypto businesses.   In an effort […]
December 06, 2022

UK crypto bill to restrict services from abroad: Report

The regulatory changes will expand the powers of the national financial regulator and put the crypto industry under stricter control.   Despite the acceptance of the […]

Metallica issues crypto scam alert before the 72 Seasons album launch

Taking advantage of the hype surrounding the release of Metallica’s new album and upcoming tour, scammers began targeting metalheads through social media.   It is clear […]

Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

Goldman Sachs CEO Mathew McDermott said that their company is active in some crypto businesses.   As the value of the crypto industry is affected by […]
December 05, 2022

Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

Multinational bank Standard Chartered considers the potential downsides of Bitcoin in 2023 as a cryptocurrency around the weather facing the fall of FTX.   The value […]

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