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PortuguêsThe Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory…
Continue ReadingDanske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments,…
Continue ReadingIran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial…
Continue ReadingCrypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been…
Continue ReadingHedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based on their forecasts, the funds…
Continue ReadingThe adoption of bitcoin by El Salvador poses an interesting contradiction of freedoms, albeit solved on a secondary level. Nayib Bukele, El Salvador’s laser-eyed President, shocked the world at the…
Continue ReadingSina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be…
Continue ReadingMany companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration scheme after facing a growing…
Continue ReadingChina’s southern Hainan province is the latest to warn investors against crypto-based fundraising schemes. Following China’s major regulatory crackdown on cryptocurrencies, financial regulators in Hainan, the smallest province in the…
Continue ReadingU.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark…
Continue ReadingThe Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over…
Continue ReadingThere are various aspects of the technology that make an outright ban on bitcoin unfeasible. “You’d have to shut down the internet.” Hester Peirce, Commissioner to the U.S. Securities and…
Continue ReadingLaw enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial…
Continue ReadingThe Ontario Securities Commission (OSC) published documentation on Tuesday that claims the Seychelles-based crypto exchange, Poloniex has failed to contact the OSC in order to start compliance discussions. Poloniex meets…
Continue ReadingBritish regulators have forced bitcoin exchange Luno to take down ads recommending bitcoin purchases. A creative advertising slogan curated by Luno, a United Kingdom-based bitcoin exchange, has been banned by…
Continue ReadingThe Dutch Central Bank has lost a legal battle over its uninformed and bureaucratic bitcoin address verification requirements. Bitonic, the oldest Bitcoin exchange in the Netherlands, recently had its day…
Continue ReadingCash App operator Square has hired a former U.S. Chamber of Commerce vice president to lead its Bitcoin policy. Correction, April 29, 2021: This article was originally published suggesting that…
Continue ReadingCash App operator Square has hired a former U.S. Chamber of Commerce vice president to lead its Bitcoin policy. Payments giant Square, which supports Bitcoin development through its branch Square…
Continue ReadingThe Central Bank of the Republic of Turkey has instituted a ban on cryptocurrency payments, as its own fiat currency is devalued. Turkey has instituted a ban on all cryptocurrency…
Continue ReadingIn its effort to stifle entities that attempted to influence U.S. elections the Treasury Department sanctioned several bitcoin addresses. As part of an effort against entities that attempted to influence…
Continue ReadingThe Crypto Council for Innovation is looking to lead the charge for sensible cryptocurrency regulations around the world. Major stakeholders in the cryptocurrency scene, like Coinbase and Square, have formed…
Continue ReadingOnline censorship has taken front and center since the sweeping ban of former U.S. President Donald Trump from every social outlet he’s been a part of. Other high-profile censorship acts,…
Continue ReadingThree stories 1. Tesla caught a lucky break in announcing its $1.5 billion bitcoin purchase when it did. The auto giant is reportedly being investigated by Chinese authorities over safety…
Continue ReadingWelcome to State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. I’m your host, Nikhilesh De. Are governments worrying more about the growth of crypto?…
Continue ReadingThe exchange filed the suit against the century-old business publication in November alleging a story by reporter Michael del Castillo (formerly of CoinDesk) and contributor Jason Brett made false allegations.…
Continue ReadingOn February 2, the crypto asset manager, Bitwise Asset Management, announced it had filed a Form 211 with the U.S. Financial Industry Regulatory Authority (FINRA). If the proposal is approved…
Continue ReadingAccording to the Wall Street Journal, a former member of Ripple’s board of advisors directors is likely to become the next Comptroller of the Currency. The report cites insiders “familiar…
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