- 25 November, 2024
13 more crypto firms withdraw licensing applications in the UK
The United Kingdom Financial Conduct Authority’s (FCA) crypto licensing regime is reportedly proving arduous for cryptocurrency businesses looking to operate in the country. According to
Chinese hydropower plants on sale as crypto miners move abroad
Small-scale hydroelectric plants in China are reportedly looking for new customers as crypto miners go abroad amid a nationwide crackdown on mining activity. According to
Expect even more oversight of crypto from regulators, says eToro
Crypto-friendly trading platform eToro is expecting regulators to ratchet up their oversight of the crypto industry, given the increasingly high levels of participation by retail
Craig Wright wins default judgment, Bitcoin.org must remove Bitcoin Whitepaper
The self-proclaimed Satoshi Nakamoto and Bitcoin SV proponent, Craig Wright, has won a legal battle claiming copyright infringement on the part of bitcoin.org for hosting
Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown
Binance’s U.K. customers are currently unable t use the popular local payments provider, Faster Payments, to withdraw British pounds (GBP) from the exchange. On Monday,
Mexico may not be following El Salvador’s example on Bitcoin… yet
Authorities behind financial regulation in Mexico have warned against financial institutions handling cryptocurrencies, saying digital assets are still not considered legal tender in the country.
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
Randal Quarles, vice chair for supervision of the Federal Reserve Board of Governors, said he believed neither dollar-pegged stablecoins nor digital currencies issued by foreign
Germany’s financial watchdog approves crypto custody license for Coinbase
The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority,
New York Fed president says crypto poses challenging questions for central banks
New York Federal Reserve Bank President John Williams believes the emergence of cryptocurrencies poses a significant challenge to existing regulations, highlighting the ongoing discussions policymakers
Crypto exchanges could sue Korean gov’t for ‘passing the buck‘ to banks
With the implementation of new rules from South Korea’s Financial Services Commission (FSC), many smaller cryptocurrency exchanges in the country fear they will be forced