Switzerland’s Finma CEO states that the crypto market needs stricter regulations. The volatile market resembles the 1928 US stock market. Swiss Financial Regulations joins the list of nations planning to implement stricter laws and restrictions on cryptocurrency and its market. The reason being stated is to protect the investors and
Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues mentioned in the OSC’s Statement of Allegations from June 21, 2021. Bybit contemplates various actions under the Settlement Agreement and the related Undertaking while participating in registration negotiations
Bitcoin (BTC) was difficult to acquire or sell in the early years of its existence because of a lack of choices accessible in the sector. To make BTC trades, customers either had to pay exorbitant fees or wait for a channel or countertrade to open up for days on end.
Crypto.com will provide services under the Payment Services Act. Crypto.com has more than a million users globally. Today Crypto.com announced that The Monetary Authority of Singapore (MAS) has given its Major Payment Institution License preliminary approval to Crypto.com. Crypto.com is the fastest-growing exchange platform that got Principle Authorization approval from
ISO has certified BTC Markets for information security management. BTC Markets has become an authorized representative. BTC Markets, a cryptocurrency exchange operating in Australia has become the country’s first crypto firm to be issued a financial services license. JUST IN: 🇦🇺 BTC Markets has become Australia’s first #crypto exchange to
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1.16 trillion global cryptocurrency transaction volume. Also, data from Messari shows Asian markets accounted for 43% of global cryptocurrency activities with $296 billion in transactions between June 2020 and June 2021. Last
The Russian Central Bank is ready to accept international crypto payments. CBR tightens crypto trading and mining inside the country. The Central Bank of Russia (CBR) is now ready to accept Bitcoin and other cryptocurrencies for international payments. On Thursday, in St. Petersburg Economic Forum, Elvira Nabiullina, head of the
The corporation began accepting crypto payments on the US website recently. Apple’s App Store and Google’s Play Store are expected to provide a free update. Users of premium watch brand Tag Heuer may now showcase their NFT collection through a new smartwatch function characteristic of such devices. Tag Heuer has
Crypto market lost more than 2 trillion from its all-time high of 3 trillion. Bitcoin fell to an 18 months low of $20,842. The Cryptocurrency market fell below $1 trillion and lost more than 70% of its value for the first time since last November. Now the crypto market holds
Last year, the government wanted to award the role of crypto regulation to SEBI. Stars might face heavy fines for promoting a false or deceptive claim in a commercial. The Securities and Exchange Board of India (SEBI), India’s market regulator, collaborates with the Reserve Bank of India (RBI) on crypto-related
