Calls to release Binance exec intensify after 6 months in Nigerian detention
Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.
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Asian Countries Leading the Way for FATF Travel Rule
CoolBitX Founder Michael Ou believes regulators in Asia are leading the way when it comes to compliance with the Financial Action Task Force (FATF) travel rule, which is due to be implemented in June.The startup has developed a solution to the travel rule, called Sygna Bridge, which allows exchanges to communicate the identities of the…
Here’s why altcoins are dropping as Bitcoin price inches closer to $50,000
Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000.The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen.So why exactly did altcoins crash?There are two main reasons why the altcoin market pulled back despite…
Earn Bitcoin for eating tickets, Immutable says ‘big studios are showing up’ — Web3 Gamer
Immutable co-founder Robbie Ferguson says the Web3 ecosystem is at a “critical inflection point,” and Notcoin’s price jumps 17% as other gaming tokens tumble.
Malta: Two-Thirds Fail Crypto Agent Exam Despite Authorities’ Attempts to Ease Process
Almost two-thirds of those taking Malta’s cryptocurrency agent certification have failed, despite examiners’ last-minute changes to ease the marking scheme, English-language daily Times of Malta reports Oct. 18.Since the Virtual Financial Assets Act (VFA) came into effect last November, the exam, as well as a training course, has been mandatory for all those looking to…
Tim Draper Stands by His Bitcoin Price Prediction of $250K in 2022
Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6Draper initially predicted that the BTC price will surge up to $250,000 in April of this year. “Believe it, it’s going to happen – they’re going…
G20 International Watchdog Says Regulators Need Better Crypto Risk Assessments
G20’s international watchdog, the Switzerland-based Financial Stability Board (FSB), said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space, according to a report by Reuters on May 31.The report noted that one potential risk assessment metric regulators could look at is banks’ and other…
Bitget drops plans to seek crypto license in Hong Kong
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by Dec. 13. 265 Total views 2 Total shares Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations.Bitget officially announced on
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Blockchain will “probably take a little longer” to develop than the internet, because it is “much more complicated,” ConsenSys creator Joseph Lubin told German media outlet t3n in an interview, Cointelegraph auf Deutsch reported Nov. 9.Lubin, who is also the co-founder of Ethereum (ETH), told reporters that blockchain technology is developing in a similar way…