Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.
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Russia to Adopt Crypto Legislation Within Two Weeks: Deputy Finance Minister
Russia's parliament, the State Duma, will adopt the country’s major crypto bill “On Digital Financial Assets” (DFA) in the next two weeks, according to a local senior finance official. The news was reported by Russian government-backed news agency TASS on June 19.Russia's deputy finance minister, Alexei Moiseev, revealed that the State Duma is currently considering…
AML rules for digital assets to come into effect in UAE
The licensed financial institutions would be required to verify the identities of all customers. 435 Total views 1 Total shares Under new rules from the Central Bank of the United Arab Emirates (CBUAE), licensed financial institutions (LFIs) would be required to verify the identities of all customers. The update will come into effect “within a…
TON Society issues open letter to France urging Pavel Durov’s release
French President Emmanuel Macron has been widely criticized by tech executives such as Elon Musk and Rumble CEO Chris Pavlovski.
Will the CME Bitcoin futures gap buyers at $9,600 be left in tears?
The recent week has been relatively dull on the price movements of Bitcoin (BTC), as a slow upward trend was established after Bitcoin’s price found a footing at above $10,000. This rally then continued toward $11,000 on Sep. 18 but was pushed back by some short-term resistance levels. The previous week has been focused solely around…
Green energy tokens capitalize on Tesla’s decision to nix Bitcoin payments
After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns related to the energy required to mine the top cryptocurrency. As Tesla issued its…
RSS3 aims to be the decentralized information processor of Web3
The developers behind the project noted that the deployment of RSS3 could take up to 6-8 months. 80 Total views 1 Total shares Really Simple Syndication (RSS), the first information distribution protocol that saw massive adoption across the internet is all set to take on Web3 with a decentralized information processing protocol called RSS3.In a…
Web 3.0 Initiatives Can Drive Crypto Adoption Across the Globe
In October, web browser developer Opera Software AS launched added support for in-browser transactions with Bitcoin (BTC) and Tron (TRX). This follows the company’s initial launch of an in-browser Ether (ETH) wallet in 2018. The latest announcement is part of the company’s grander plan to make the “Web 3.0” easier to access for the average…