What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom? When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting […]
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The chairman of the US SEC says he is for technological solutions that reduce the cost of international payments, but the SEC won’t change the law to facilitate them. United States Securities and Exchange Commission (SEC) Chairman Jay Clayton says he won’t make exceptions in securities law for cryptocurrencies, but he won’t stand in their […]
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Winklevoss’ crypto exchange and custodial service Gemini has joined the Silvergate Exchange Network to provide clients with real-time, automatic fiat transfers. Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers. Real-time fiat money transfers Gemini announced the move in an official blog […]
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Crypto custody solutions are on the rise, and Coinbase appears to be taking over the market — who else is chasing the number one spot? Cryptocurrency custody providers seem to be springing up all over the global digital landscape in 2019, and the crypto platform Coinbase emerging as the leader in the sector. At their […]
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Options traders are contending with ever-decreasing odds as markets grind on at around $10,000. Bitcoin (BTC) price is only 7% likely to hit its previous all-time high of $20,000 before 2020, according to market forecasts. The latest data appearing on social media courtesy of the Twitter analyst known as Skew, highlighted the odds for investors […]
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U.S. court cases against crypto and blockchain firms are inconclusive, but international cases appear to be showing clear support for cryptocurrency. Over the last 24 months, all major legal systems have been floundering to develop a regulatory framework that can be applied across the blockchain industry. This lack of a standard foundation has led to […]
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Two crypto-focused banks in Switzerland have received a banking and securities dealer license from the Financial Market Supervisory Authority. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks. Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses, the […]
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The Australian Securities Exchange signed a three-party MoU to work on blockchain projects in Australia and New Zealand. The Australian Securities Exchange (ASX) has made new partners to apply blockchain to its registry, settlement and clearing systems (CHESS) in 2021. VMware and Digital Asset step in The ASX confirmed its anticipation of delivering the CHESS […]
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Experts in law, blockchain technology and crypto take on the question: Could the U.S.’s First Amendment regulate the legality of Bitcoin as free speech? There is a concept that exists in the crypto space that effectively states: Bitcoin (BTC) is code, code is speech and speech is protected under United States law. We asked legal […]
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Germany’s WEG Bank receives green light from Estonia to serve as a crypto custodian. German bank WEG Bank obtained a cryptocurrency trading and custody in Estonia. WEG Bank confirmed in a tweet published on Aug. 25 that it obtained a crypto trading and custody license in Estonia. Estonia greenlights German bank to trade and hold […]
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