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Search Results for: crypto market

Indian NFT Marketplace Launches NFTs based on Famous Bollywood Icon

BollyCoin announced the launch of the Chill Bull NFT collection. The NFT marketplace is set to connect the metaverse and Bollywood India’s first Bollywood NFT marketplace BollyCoin is set to release a brand new NFT (non-fungible token) collection shortly. From the inspiration of Bollywood actor Salman Khan’s Dabangg movie character

July 8, 2022 2 mins read

Crypto Owning U.S Officials Barred From Regulation Establishment Process

The United States is moving forward with integrating the cryptocurrency economy. Government officials can buy cryptocurrencies, but doing so will prohibit them. According to a new guideline from the State Office of Government Ethics (OGE), government officials who are actively investing in cryptocurrencies or who are found to hold any

July 7, 2022 1 min read

Indian Crypto Exchange Being Investigation under Enforcement Directorate

CoinDCX founder Sumit Gupta joined the investigation. CoinSwitch Kuber was also part of the investigation. Under the Foreign Exchange Management Act (FEMA), India’s Directorate of Enforcement (ED) has sent notifications to cryptocurrency exchanges requesting additional information and documents as part of its ongoing investigation into any alleged foreign exchange crimes

July 6, 2022 1 min read

Specialized Investigation Unit For Crypto Crimes Launched by Brazil

The unit will alert and educate users about the dangers of using digital assets. Meinberg did not reveal the number of agents in the crypto unit. Traditional intelligence units have a tough time detecting crimes concerning cryptocurrency because of various distinguishing characteristics. As a result, several nations have already set

July 5, 2022 2 mins read

Nexo All Set to Acquire Crypto Lender Vauld Amid Liquidity Crisis

On Monday, the company suspended operations and stopped client withdrawals. Since June 12, withdrawals totaling $197.7 million have been reported by the firm. The Singapore-based crypto lender Vauld has inked a preliminary term agreement with Nexo today. Due diligence on the proposed purchase would be conducted by Nexo within a

July 5, 2022 2 mins read

The Bank of England Calls For Stricter Cryptocurrency Regulations

The weakening economy has produced extraordinary market volatility. The BOE warned that systemic problems for the larger economy might arise. The Bank of England has emphasized the need for more robust regulation and law enforcement structures concerning cryptocurrencies. Both conventional and crypto markets may be in for more suffering in

July 5, 2022 2 mins read

Brazil Government Starts Crypto Investigation Team

Brazil has taken steps to officially develop an investing agency. Agents will undergo special training for dealing with crypto scams. The Brazilian government has announced the creation of a new investigation team that will specifically function only for crypto-related scams and cases. The crew will undergo certain training focusing on

July 5, 2022 1 min read

CoinShares Acquires Napoleon Group in The French Markets

CoinShares is the first platform licenced with AIFM On July 4 nearly $200 million was pulled from the Vauld platform CoinShares, the European largest digital asset investment platform July 4, Monday, announced that they have acquired Napoleon assets management with approval from Autorité des Marchés Financiers (AMF), and it is

July 5, 2022 2 mins read
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