MiCA threatens crypto firm exodus to Middle East: Regulatory expert
The upcoming regulatory framework could threaten a mass crypto exodus to the Middle East due to more favorable regulations.
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Stablecoins are a critical countermeasure to Operation Chokepoint
Boosting financial inclusion is one of crypto’s strongest value propositions. Yet, ironically, the banking crisis has effectively de-banked the crypto industry itself, at least in the United States.How things panned out with Silvergate, Silicon Valley Bank and Signature — the three crypto-friendly U.S. banks — reeks of what Nic Carter called “Operation Chokepoint 2.0.” There’s…
Why the battle for low or no transaction fees really matters
During the frenzied bull run, transaction fees were running rampant. Over on the Ethereum blockchain, they hit eye-watering highs of $196.638 back in May — rendering the network unusable for most everyday consumers.The Bitcoin blockchain suffered from a similar issue the year before, accelerating to a record-breaking $300.331. When demand is high, it's easy for…
Are custodied crypto funds at risk? Industry veterans explain
Investments under custody are usually very safe, until the accountability of the custodian is called into question. 542 Total views 15 Total shares With rumors of insolvency flying high among crypto firms such as Celsius and Three Arrows Capital, investors couldn't help but ask a simple question: What happened to all the funds that were…
US CFTC chair to step down, flags urgent need for crypto regulation
Rostin Behnam is stepping down as chair of the Commodity Futures Trading Commission on Jan. 20, calling for stronger crypto oversight and leaving behind a legacy of enforcement.
What’s ahead for crypto and blockchain in 2022? Experts answer, Part 1
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Tether, Kraken, Fabric Ventures back new MiCA-compliant stablecoins
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments.
Swiss President Says Regulation for Blockchain Firms Should be ‘Fast and Clear’
The president of the Swiss Confederation, Ueli Maurer, has stressed that establishing regulation for the blockchain sector should be fast and clear. Maurer made his remarks at the CV Crypto Valley Summit in Zug on Wednesday, according to a report from local financial news agency FinNews on March 27.Maurer — who is also the country’s…
OKEx Launches Indian P2P Trading Platform Despite Legal Uncertainty
OKEx has launched a peer-to-peer trading platform and fiat onramp in India. Cryptocurrency exchange OKEx has announced a new peer-to-peer trading platform launching Aug. 5, which allows users to buy digital currencies with zero transaction fees using Indian rupees (INR).The announcement comes hot on the heels of reports that the Indian government is planning to…