Bitcoin price action ‘tough to call’ after Fed rate decision — Zerocap
Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer.
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India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
The country wishes to see all crypto activities take place on platforms regulated by SEBI. 1608 Total views 20 Total shares On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government's crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million dollars) or 1.5 years in…

Robinhood launches crypto trading services in Europe
All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade. 481 Total views 2 Total shares Trading and brokerage firm Robinhood announced the launch of its crypto services for all eligible European Union customers on Dec. 7. The platform will allow traders to buy

Coinbase launches CFTC-regulated SOL futures in US
Regulated futures markets are an important step toward an eventual Solana ETF.

Coronavirus Spreads and Crypto Rallies, but Not Everything Is Related
Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts.Mati Greenspan, the founder of Quantum Economics, offered his insights regarding the apparent connections between the two events. “So far, I…

Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s chief legal officer requests revisions to the SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto. 1407 Total views 3 Total shares Coinbase’s legal chief has requested the United States Securities and Exchange Commission (SEC) make several revisions to its proposed regulation on the responsibilities…

Blockchain Assoc. requests info on Prometheum over ‘suspicious’ approval
A FOIA request with the SEC regarding Prometheum has been filed, while others found former FINRA and SEC staffers among the firm's ranks. 228 Total views 13 Total shares United States crypto lobby group Blockchain Association has filed a request with the U.S. Securities and Exchange Commission, seeking information about the formerly little-known crypto company…

South Korea’s Financial Watchdog Urges Lawmakers to Move Forward With Crypto Bill
South Korean watchdog the Financial Services Commission (FSC) has urged lawmakers to hasten their approval of the country’s first cryptocurrency bill, Bloomberg reports July 26. Hong Seong-ki, head of the FSC’s virtual currency response team, has reportedly warned of the security and money laundering risks courted by the country’s domestic crypto exchanges. Bloomberg cites…

Bitcoin rewards app Lolli closes $10M investment round
Acrew Capital, Lolli’s primary backer during the raise, said the app is well positioned to boost Bitcoin adoption in the long run. 440 Total views 259 Total shares Popular Bitcoin (BTC) rewards app Lolli has received fresh backing from venture funds and other investors as it plans to scale its services to a wider audience. On…