Bitcoin risks 30% loss against XRP if 'triple bottom' confirms

Ukrainian authorities said that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party regulations.In its manifest on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine stated that mining does not require regulation by state authorities as this activity is regulated by the protocol itself and…

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…

According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny. In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume.The authors suggest the existence of a recurring pattern whereby the company’s…

The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking. 429 Total views 22 Total shares Referring to the events surrounding the collapse of FTX as “a handful of magic beans”, Massachusetts Senator Elizabeth Warren seemed to frame the “contagion” spreading through…

A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars. 622 Total views 2 Total shares Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their…

Former Binance CEO Changpeng “CZ” Zhao was sentenced to four months in prison for violating U.S. money laundering laws.

Private-sector behemoths in Japan are exploring digital currencies as a way to streamline large fund transfers and settlements. 264 Total views 19 Total shares A consortium of roughly 70 Japanese companies, including the country’s biggest financial institutions, have joined forces to trial and launch a new yen-based digital currency in fiscal 2022, sending a strong…