The network of rules, statutes, and legal procedures governing the cryptocurrency and blockchain businesses is collectively called “crypto regulation.” The legal standing of these businesses has been a hot topic of discussion ever since Bitcoin’s 2008 white paper. The issues facing legislators and regulators have completely changed. Some authorities have reacted negatively because they perceive cryptocurrency as threatening monetary authority. Others have embraced the sector due to its ability to connect distant economies and promote secure global commerce. However, the majority of the globe is still figuring out how to enact, oversee, and enforce the body of regulations governing such a new industry.
It would appear that the Ethereum [ETH] whales have reversed their previous decision to exclude Shiba Inu [SHIB] from their top holdings in the cryptocurrency market. Remember that these whales had just cashed out of a SHIB stake worth three figures in millions of dollars. As of right now, SHIB is once again a topic … Read more
In Afghanistan, bitcoin dealers are coming under increasing pressure from the hardline Islamic group known as the Taliban. On Friday, the topic was discussed in the Bloomberg media. A prominent Afghan police official named Sayed Shah Sa’adaat recently discussed the crackdown in a chat with Bloomberg News. Since late December of the previous year, when … Read more
Joseph Longo, the chair of the Australian Securities and Investments Commission (ASIC), has been very explicit about the way he feels about cryptocurrency investments. “Being a crypto cheerleader is not part of my job description,” she said. Longo stated on Tuesday at a luncheon hosted by the Committee for Economic Development of Australia that cryptocurrency … Read more
VanEck, an asset management company with headquarters in New York, once again needs to wait for the United States Securities and Exchange Commission (SEC) to render a decision about its most recent application for a Bitcoin exchange-traded fund (ETF). On June 24, Van Eck, which manages more than $65 billion in assets, submitted its most … Read more
According to an article, the arrested Tornado Cash developer has a history of ties to the Russian spy organization FSB. An study conducted by the intelligence firm Kharon uncovered that the creator of Tornado Cash, Alexey Pertsev, formerly worked for a company that the United States government blacklisted for its collaboration with the Russian Federal … Read more
According to Vitalik Buterin, Cryptographic payments are superior, and people underestimate their potential. Vitalik Buterin, one of the co-founders of Ethereum (ETH), is of the opinion that crypto payments offer advantages that are underappreciated by the general public due to the convenience and censorship-proof nature of these transactions. People continue to underrate how often cryptocurrency … Read more
Tornado Cash, a cryptocurrency mixer, was hit with sanctions by the Treasury Department earlier this month for allegedly facilitating the laundering of over $7 billion worth of digital crypto assets that were stolen in virtual heists by hackers from North Korea. Following this, on August 10th, the Fiscal Information and Investigation Service (FIOD) made an … Read more
According to a report from Bloomberg News dated August 24, the High Court of Singapore has given the liquidators of Three Arrows Capital, Teneo, the authority to secure and liquidate the company’s assets in the country. According to this report, Teneo is now authorized in Singapore to make requests to access assets and financial documents … Read more
A lawsuit has been filed against Argentina’s eccentric Bitcoiner presidential candidate, who is accused of pushing a cryptocurrency ponzi scam. In December of 2017, Javier Milei, a leading candidate for the presidency of Argentina, published an Instagram post to his 1.3 million followers in which he promoted CoinX. This cryptocurrency investment platform made users the … Read more
A well-known investor by the name of Simon Dixon recently referred to El Salvador’s Bitcoin policy as “very responsible” and suggested that, should it be successful, it could be the first domino to topple in the process of bringing down the “fiat-based Ponzi scheme” debt mechanism employed by the International Monetary Fund (IMF). Dixon provided … Read more