Hong Kong investment firm’s shares surge 93% after buying just 1 Bitcoin

The chairman of the European Securities and Markets Authority (ESMA) — the European Union-level financial markets supervisor — has said that he supports further regulations on digital assets, political news outlet Roll Call reported on Feb. 27.Delivering his speech at the FinTech Conference 2019 earlier this week in Brussels, Belgium, ESMA Chairman Steven Maijoor reportedly…

The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools. The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash.In a Nov. 20 amicus curiae

The new management of the bankrupt FTX exchange has identified $5.5 billion in assets that can be used to repay creditors, sparking fears a large swathe of crypto assets could be dumped on markets.On Jan. 17, FTX debtors identified $3.5 billion in crypto assets with $1.6 billion associated with the bankrupt exchange. The best known…

The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).Virtual asset service providers should be regulated under BSAIn a copy of FIN testimony published ahead of a hearing on Sept. 3, FIN recommended that…

Japanese IT giant GMO Internet has published its third quarter report Monday, Nov. 12, revealing a “historical performance” of its crypto-related sectors despite “the harsh external environment.”GMO claims its crypto businesses, including mining equipment production and its crypto exchange, have gained 2.6 billion yen ($22.8 million) in revenue over the third quarter “in just a…

The average monthly change in Bitcoin retail demand has waned over the last month, with one analyst noting it could be a precursor to a price surge seen earlier this year.

The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses. 108 Total views 2 Total shares The US Department of Commerce is calling for submissions on how it can establish a…

Bitcoin (BTC) was aiming for $7,000 on April 14 as a sudden $600 dip gave way to a slow grind upwards as the week began.Cryptocurrency market daily overview. Source: Coin360Filbfilb: BTC needs “game changer” $7,250 closeData from Coin360 and Cointelegraph Markets showed BTC/USD challenging $7,000 resistance on Tuesday. Previously, a slump in traditional market futures produced…

Crypto tattoo searches on Google and Instagram swelled by 222% in 2021, while the Bitcoin "B" has been tattooed over 900 times according to new data. 738 Total views 25 Total shares The crypto ecosystem houses some devoted followers who got the logo of their favorite cryptocurrency etched on their skin for life.According to the…