According to a Bloomberg report, Nasdaq, the exchange operator, has announced that it is halting the launch of its crypto custodian business in the United States due to a shifting business and regulatory environment. Nasdaq’s Crypto Plans On Ice The announcement comes as a surprise as the company previously announced …
Read More »Bitcoin price falls under $30K as macro and regulatory worries take center stage read full article at worldnews365.me
Multiple pieces of data point to the Bitcoin price falling below $29,000 in the short term. Yes, you read that right. Let’s investigate the main issues contributing to the current downside in the Bitcoin price. Bitcoin (BTC) encountered difficulties breaking above $31,800 on July 13, resulting in a 6.3% correction …
Read More »FSB Finalizes Global Regulatory Framework for Crypto read full article at worldnews365.me
The aim of FSB was to provide a regulatory framework that would comply with the principle of “same activity, same risk, same regulation” and cover all possible risks related to crypto activity. The Financial Stability Board (FSB), an international body that oversees and advises on the global financial system, has …
Read More »BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price read full article at worldnews365.me
The price of BNB has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB (BNB) has performed worse than the overall altcoin market, indicating that the underlying cause for the bearish momentum persists. It is highly likely that the correction …
Read More »Implementing tokenized securities for regulatory compliance read full article at worldnews365.me
Tokenization, today, is no longer a buzzword but a phenomenon that needs more comprehension. Over the years, on-chain tokenized securities have gained acceptance among the big shots of the finance sector that want to leverage it for newer investment opportunities. As understood, converting traditional securities such as real estate assets, …
Read More »Bitcoin Is Winning The Regulatory Landscape And So Will Bitcoin-Only Companies read full article at worldnews365.me
This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai. Bitcoin exists for a couple of reasons: As money that anyone, anywhere can use, and as a monetary good that is guaranteed not to be diluted or devalued by a central bank. But it’s also a …
Read More »U.S. crypto regulatory uncertainty could be Hong Kong’s gain read full article at worldnews365.me
Industry experts believe Hong Kong’s shifting attitude towards blockchain technology, cryptocurrencies and Web3 could entice businesses away from the United States. The city has made a series of moves over the past year to foster the development of the Web3 space and enable retail investment into cryptocurrencies. The latest example …
Read More »Blockchain Association Backs Coinbase In SEC Regulatory Battle read full article at worldnews365.me
The Blockchain Association has released a comprehensive document backing Coinbase option on the legal rationale behind its argument calling for the recusal of Securities and Exchange Commission Chair Gary Gensler from any decision-making processes. This is regarding the initiation or continuation of an enforcement action based on the assertion that …
Read More »Skybridge Founder Anthony Scaramucci Says Increased Regulatory in US Stems from SBF’s Actions read full article at worldnews365.me
When providing his opinion on the regulatory environment for cryptocurrencies in Canada compared to the United States, Anthony Scaramucci stated that Canada had learned from the US. Anthony Scaramucci, Skybridge Capital’s founder, voiced his opinion on the increased regulatory environment in the United States, attributing it to the actions of …
Read More »Ripple Gets In-Principle Regulatory Approval to Operate in Singapore read full article at worldnews365.me
The license will allow Ripple to provide better support to its “forward-looking customers”, as well as facilitate the process of building a “more inclusive and borderless financial system”. Blockchain solutions provider Ripple has been granted in-principle approval of the Major Payments Institution License from the Monetary Authority of Singapore (MAS). As …
Read More »Coinbase Takes Preemptive Legal Measures to Navigate Regulatory Storm read full article at worldnews365.me
In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs. In the face of intensified regulatory scrutiny within the cryptocurrency industry, Coinbase Global Inc (NASDAQ: COIN), a prominent American digital assets service provider, took a strategic legal approach to …
Read More »Crypto firms tout ‘fictitious’ regulatory stamps, Canadian regulator warns read full article at worldnews365.me
Canadian citizens are being advised to double-check crypto trading service providers as they may be using “fictitious” regulatory bodies to boost their credibility. According to a June 20 Investor Alert from the Canadian Securities Administrators (CSA) some “purported” crypto platforms are claiming to be approved by certain regulatory authorities or …
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