The Dubai Financial Services Authority (DFSA) has disclosed its readiness to announce policies to regulate the crypto industry. Widely circulated reports suggest that DFSA is on track to kick off plans to…
Category: Cryptocurrency Regulation
eToro Announces New Deposit For New Customers
eToro seems to be striking gold with every move it makes regarding crypto trading services on its platform. The trading platform recently made the news for announcing that it would henceforth open…
Ripple Faces a Fresh Lawsuit from an Investor
Ripple, the 3rd largest crypto exchange company, based in Francisco, may need to prepare for more lawsuits as a major UK-based investor in Ripple’s Series C funding has slammed a new case…
IOHK CEO Says XRP Cannot Be Classed As Securities
The IOHK CEO asserts that XRP maintains its clean status and free from the SEC, despite the aggravated assault Ripple, the issuing company is currently facing. Last week, while answering questions in…
SEC Alleges That Stefan Qin’s Virgil Capital Is Fraudulent
The Securities and Exchange Commission accused Stefan Qin, a hedge fund manager, of creating a fraudulent investment company. SEC shared a press release via its website concerning the allegations filed against the…
1inch Network Releases 1inch Tokens On DeFi Project
The DeFi industry is booming sporadically, especially from the beginning of 2020. Technology is advancing beyond what people imagined it would become. The 1inch network recently launched its 1inch tokens on its…
FinCEN Proposes New Regulations For Private Wallets
There have been so many discussions concerning regulations for cryptocurrency. Countries have come together to see how cryptocurrencies might have contributed to the rise in cybercrimes and also its use for malign…
Ethereum Blockchain Founder Advises His Followers Not To Obtain Finances For Buying Cryptocurrencies
Vitalik Buterin advises his followers in a tweet message not to seek loans for investing in Cryptocurrencies. While the prices of cryptocurrencies, and especially, Bitcoin had been hovering these days, people had…
JPMorgan Partners with Russia’s Prominent Financial Giant in Crypto Experimental Project
A prominent lender in Russia called Sberbank is planning to create its own cryptocurrency in 2021 as it has made a partnership with JP Morgan, one of the largest banks in the…
Maltese Government Gives Regulatory Approval to Crypto.com
With the global recognition of the crypto-blockchain industry, crypto-exchanges are also gaining mainstream recognition. In the running year, more than 90 percent of the cryptocurrency exchanges have reported growth in their business….
The Central Bank of the Philippines Considers itself Not Ready to Launch Central Bank Digital Currencies (CBDC)
In the current times, the Philippines has started emerging as a state that is more than interested in adopting crypto-blockchain technology. However, the recent announcement made by the governor of the Philippines’…
SEC Chairman Announces to Step Down and the Crypto Community is Happy Over it
It is good news for the crypto community as the SEC chairman Jay Claton will leave its position by the end of 2020. It is good for crypto space as traders and…
Chainalysis To Unveil New App That Will Make It Easier To Seize Ilegal Crypto
Chainalysis, a blockchain-based analysis platform, has unveiled a new app that will allow it to monitor all assets seized from criminal proceeds. In its official announcement, the blockchain-based analysis firm claims that…
A Veteran Trader Says that the XRP Should Be Declared as a Security by the Securities and Exchange Commission
A chart analyst as well as a veteran trader has recently gone on social media to dispute the status of XRP with respect to regulations. The veteran, Peter Brandt has emerged as…
Regulators from Latvia Concerned About Cryptocurrency Fraud and Warn the Public
Just recently, the officials from Latvia have made a shocking revelation to the public. The Financial and Capital Market Commission has revealed the possibilities of fraudulent transactions. The Commission has revealed that…
Indian Crypto Community is Pushing for Regulatory Sandbox
It has been seven months since the top court in India granted permission to banks to legally provide their services to crypto platforms. Since then, there has been an increase in trade…
The Disruptive Potential of Digital Currency Could Risk US Geopolitical Dominance, says JPMorgan
The idea of the digital dollar is still in the air as there seems no preparation to roll out digital currency in the near future. The senior analysts of the US largest…