The UK’s Financial Conduct Authority issued a consumer warning on FTX. The FCA previously issued a similar warning on Binance. The UK’s Financial Conduct Authority (FCA) issued a consumer warning regarding Sam Bankman-crypto Fried’s exchange FTX, stating that it is not allowed by the regulator to offer financial services or
The Russian government has entrusted the Central Bank and the Ministry of Finance. Vladimir Putin emphasized Russia’s potential as a currency minting destination. To help shape the future of the digital financial asset (DFA) market in the Russian Federation, Prime Minister Mikhail Mishustin has instructed the Ministry of Finance to
SHIB token could be used to make purchases at more than 90 million locations. The Binance card allows for instantaneous cryptocurrency to EUR conversion at PoS. The most popular meme token may now be used to make online purchases with the crypto debit card issued by the Argentina branch of
President Joe Biden had ordered government agencies to assess cryptos’ pros and cons. A digital dollar might pave the way for a payment system as per the framework. With widespread cryptocurrency use on the increase, officials have been keeping a close watch on the industry. For example, SEC Chair Gary
Binance hopes to recruit two hundred new employees before the end of the year. Already, 150 people have employed to run the exchange in Paris. During Binance Blockchain Week Paris 2022, Binance CEO and founder Changpeng Zhao (CZ) gave a keynote address. During his talk, CZ praised the planned MiCA
Celsius’s CEO announced that the organization can be renovated. Celsius creditors requested the firm to provide services such as loans, staking, and custody. Celsius CEO Alex Mashinsky announced that the company has been revamping Crypto Custody Services, which went bankrupt in July. Revamping the Firm According to a New York
After September 12th, users will no longer be able to add funds to their coin’s wallet. Tornado Cash, an Ethereum-based mixing service, was recently sanctioned. On September 6, the cryptocurrency exchange Huobi said it will no longer trade Dash (DSH), Decred (DCR), Firo (FIRO), Monero (XMR), Verge (XVG), Zcash (ZEC),
Fuller replaced John Glen as Economic Secretary to the Treasury in July. Fuller participated in the first crypto discussion in Westminster this week. Economic Secretary to the Treasury Richard Fuller has said that the United Kingdom intends to “become the country of choice for those looking to create, innovate and
This mining pool is responsible for 10.4% of the total hashrate in Bitcoin mining. The group also announced the temporary suspension of BTC and ETH balance payouts. Poolin, a mining pool headquartered in China, has temporarily suspended wallet withdrawals due to cash flow concerns. Given Poolin’s massive scope, the withdrawal
It is generally agreed that adoption and regulations go hand in hand. Even as law enforcement was growing acquainted with the concept of cybercrime, a new chapter opened up with the advent of crypto-related criminal activity. In the previous several years, there has been a slew of arrests related to
