EU watchdog warns of offshore crypto risks under MiCA regulation

It's not all doom and gloom for Bitcoin bulls this year — gains are still 100% versus last Christmas. 471 Total views 60 Total shares Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Bears become bulls" short term?Data from Cointelegraph Markets…

Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors. 81 Total views 1 Total shares Own this piece of history Collect this article as an NFTExecutives at the stablecoin issuer Circle and the bankrupt cryptocurrency lender BlockFi have been questioned by two…

As 2022 gets underway, the decentralized finance (DeFi) sector of the cryptocurrency ecosystem appears to be gaining momentum in what could be an echo of the bullish market seen in seen in early 2021. Data from crypto market intelligence firm Messari shows that over the past 30 days, five out of the top 10 DeFi protocols…

Crypto traders see potential for other market platforms to exit after crypto derivatives exchange Deribit announced a move to Panama from its EU base in the Netherlands."This is something they had hinted at in an interview months ago, and it’s something I fully expect we see more of going forward in the crypto space,” trader,…

PlanB, the pseudonymous creator of Bitcoin's stock-to-flow model, explained Bitcoin's journey from a proof-of-concept to a mainstream financial asset. 1595 Total views 38 Total shares Crypto analyst and Twitter personality, PlanB, recently said Bitcoin is serious business as he recapped the asset's journey over the last decade. “This thing is not a toy anymore," PlanB told…

The Swiss National Bank (SNB) and Bank for International Settlements (BIS) have signed an agreement to cooperate on the BIS Innovation Hub Centre in Switzerland.Two major projectsAccording to an official press release on Oct. 8, the BIS’s first three innovation hubs will be established in Switzerland, Hong Kong and Singapore.The Swiss center will initially focus…

In an exclusive interview with Cointelegraph at the Bitcoin Conference, Marathon Digital CEO Fred Thiel spoke about the mining company’s response to the bear market. 271 Total views 11 Total shares A combination of more hash rate coming online from mining plants and a price protection approach is shielding Bitcoin mining firm Marathon Digital Holdings through…

Investors looking to short Bitcoin (BTC) have a new option in Germany. On Feb. 25, Boerse Stuttgart — the country’s second-largest stock exchange — announced the listing of an exchange-traded product (ETP) that is inversely correlated to the cryptocurrency’s price swings.Hedging against all scenariosThe inverse ETP is issued by crypto fund manager 21Shares, formerly known…

A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter to include public feedback. 265 Total views 15 Total shares A piece of legislation aimed at addressing supply chain issues to keep the U.S. economy…