In a recent tweet, US Senator Elizabeth Warren has again shown her anti-crypto position. Warren hasn’t been shy about how much she despises the crypto sector. She said that the FTX exchange’s demise should serve as a wake-up call for the US Department of Justice, the Securities and Exchange Commission,
The German Federal Financial Supervisory Authority (BaFin) issued the final license as a cryptocurrency custodian to Boerse Stuttgart Digital’s subsidiary, blocknox GmbH on Thursday. This comes at a time when the stock markets throughout the world have begun to recover. From the recent plunge caused by the downfall of major
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Appropriations Committee on Wednesday. HE pleading for more resources to address the growing issue of non-compliance in the cryptocurrency industry. Gensler said that the SEC’s resources for investigating emerging crypto problems are “stretched thin” at the moment.
Despite recent US governmental crackdowns on crypto businesses and accompanying uncertainties, Bitcoin’s price temporarily surpassed $29,000 on March 30. Bitcoin hit $29,159, the highest price since before the FTX cryptocurrency exchange went down in early November 2022, according to CMC. Despite a number of regulatory crackdowns in recent days. Including
A new law that would establish guidelines for the provision of crypto services in Australia has been submitted. The proposal has been submitted to the Australian Parliament. Digital Assets (Market Regulation) Bill 2023 was introduced by Senator Andrew Bragg as a private senators’ bill. This was with the stated purpose
Gary Gensler, the current head of the US Securities and Exchange Commission (SEC), will testify before the House Financial Services Committee. Rep. Patrick McHenry, chairman of the Financial Services Committee, revealed in a recent interview that Gensler would testify before the panel on April 18. McHenry projected that the SEC
Sometimes it can be difficult to understand the true value of any given cryptocurrency, or if it’s a worthwhile investment at its current market price. But what if you could earn cryptocurrency tokens for free? If you’re not paying a single dime to top up your wallet, then for sure
As Ottawa tightens its regulatory monitoring of the volatile crypto sector. The Canadian federal government said that federally regulated pension plans in the country would be required to report their exposure to crypto assets to the Office of the Superintendent of Financial Institutions (OSFI). Under the proposed 2023 budget proposal.
An investigation into a €100 billion scam reportedly led French police to raid five large banks, according to a report from Deutsche Welle (DW) on Tuesday. The investigation was also linked to a possible money laundering case that involved the governments of Germany and France. The searches have been conducted
Bitcoin’s current consolidation phase has conquered the prime attention of the crypto community. The dominant cryptocurrency laid out a neutral price channel between $26.5K to $28.5K since last week. Remarkably, analytical findings pointed out the increasing investors’ profit-taking and confidence in Bitcoin. In the above chart, the relative strength index
