Crypto and Laws
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EU blunder on unhosted crypto wallets will cost the region dearly
EU lawmakers voted in favor of stricter rules on the transfer of funds to unhosted crypto wallets on Thursday. Unhosted crypto wallets are...
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Bitcoin drops to $45.5k as Europe votes to ban cold wallets in attack on decentralization
Bitcoin dropped $2,000 from $47,500 to $45,500 in four hours after news broke that the EU is set to cripple innovation in the blockchain...
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China’s strict crypto policy continues as WeChat bans NFT accounts
China’s social media and messaging app, WeChat, has banned more than 12 public accounts linked to non-fungible token, or NFT, trading....
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New funding round values Blockchain.com at $14 Billion
Led by venture capital firm Lightspeed Venture Partners with major participation from Baillie Gifford & Co, wallet provider and exchange...
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Barriers to mass adoption: How can the crypto industry attract retail investors?
Since March 2020, the global crypto market has skyrocketed by a phenomenal 900%, with no sign of slowing down anytime soon. When looking at...
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FCA angers lawmakers by extending crypto compliance deadlines
The UK’s Financial Conduct Authority (FCA) released a notice in 2019 , condemning all crypto businesses to comply with their AML/CFT rules...
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What is Polkadot Blockchain? Envisioning Web 3.0
The post What is Polkadot Blockchain? Envisioning Web 3.0 appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide...
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US warns crypto firms against helping Russia
Anyone who seeks to help Russia bypass economic sanctions will be held accountable by the US government, says Deputy U.S. Treasury Secretary...
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Voyager slammed with desist order in New Jersey
TL; DR Breakdown Voyager slammed with cease and desist order The firm has over 52,000 users in NJ US regulators continue to clamp down...
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Confirmed: Russians do not evade sanctions using crypto, Chainalysis
As Russia’s war in Ukraine continues, cryptocurrencies are taking on an important role in the conflict, but not in the capacity of evading...
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Regulators concerned about retail investors’ involvement with “complex crypto products”
Retail investors’ involvement in crypto and traditional finance within the past few years has grown to new heights, which is now giving...
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Cryptocurrency: Central Bank of Sudan Warns Citizen
TL;DR Breakdown Sudan Apex’s bank warn its citizen about Cryptocurrency. The Depreciation of Sudanese Pounds continues. The...
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Exchanges in the Emirates: Crypto.com and Bybit to set up shop in Dubai
Crypto.com and Bybit announced plans to set up offices in Dubai at the World Government Summit on March 28th. The two companies...
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US House Committee Chair proposes a bill to create “E-Cash” digital dollar
TL;DR Breakdown The chairman of the House Financial Services Committee’s fintech task force has introduced a bill to establish...
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Italian bank sued for $144 million by a crypto mining company
TL;DR Breakdown Italian bank fined $144 million for customer violation. Banks are under economic scrutiny amid the Russia-Ukraine war....