South Korean crypto exchanges face unexpected supervisory fees
Introducing supervisory fees marks a crucial step toward increased regulation and oversight.
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Bitcoin and US Stock Market Both See Minor Losses
Wednesday, May 29 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day.Market visualization courtesy of Coin360Bitcoin is over .5% down on the day, trading at $8,658 at press time, according to CoinMarketCap.…
Bitcoin fails to hold $40K with traders still hoping for a BTC price relief bounce
The latest relief rally, which began April 25, fizzles less than a day later, while Dogecoin continues its bullish vibe. 468 Total views 14 Total shares Bitcoin (BTC) pierced $40,000 at the Wall Street open on April 26 as its latest relief rally lasted less than 24 hours.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$39,500 eyed…
Bitcoin Price Defies Stock Market Link — Post-Halving World Uncertain
On Thursday, Bitcoin (BTC) breached the $9,400 mark, thereby boasting a recovery that in many ways put the stock market’s performance during 2020 to shame. From a technical standpoint, Bitcoin’s market surge saw it far outpace the Dow Jones Industrial Average, one of the mainstream market's key barometers.In this regard, it is worth highlighting the…
Circle Expands to Bermuda to Offer New Services to Non-US Clients
Major crypto payments firm Circle will launch a new subsidiary in Bermuda in order to serve non-American customers of its trading platform Poloniex.In a blog post on July 22, Circle said that it has acquired a full license to offer crypto-related services under Bermuda’s Digital Assets Business Act of 2018, a major local regulatory framework…
11 things the United States can learn from other nations’ crypto regulations
While the U.S. has long been known as a center of innovation and new technology, the nation’s regulatory bodies don’t seem to know quite what to make of the crypto industry. The U.S. is lagging behind countries in Europe and Asia in establishing crypto regulations, and it’s not because the industry is broadly resistant. Indeed,…
Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players
Monday, September 10: crypto markets have seen mainly red today, with just two coins out of the top 20 cryptocurrencies in the green, and total market cap hovering around $194 billion.Market visualization from Coin360Bitcoin (BTC) is slightly down today, fluctuating around the $6,300. The major cryptocurrency is currently trading at $6,287 by press time, down…
Crypto investors backed by Coinbase sue U.S. Department of Treasury after Tornado Cash sanctions
Coinbase says that the Treasury overstepped its authority in issuing the Tornado Cash sanctions. 168 Total views 5 Total shares According to a new lawsuit filed in the U.S. District Court, Western District of Texas. On Thursday, six users of the Ethereum blockchain and cryptocurrency mixer Tornado Cash sued the U.S. Department of Treasury, alleging…
Two Firms to Build Blockchain-Based Solution for European Shipping
Vakt, a blockchain-based post-trade platform for commodities, has signed a memorandum of understanding with essDOCS, a firm that develops paperless trade solutions, to put European shipping on the blockchain.As markets and technology-focused outlet Benzinga reported on Sept. 20, Vakt and essDOCS will work on a blockchain-based solution that will allow digitization of post-trade process in…