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Browsing Category
Policy
Revolut to Suspend UK Crypto Services, Citing FCA’s New Ad Rules
Digital bank Revolut has said it plans to suspend some of its crypto services from its U.K. business clients in response to incoming new rules from the country's regulator, a person familiar with the matter told CoinDesk on Monday.The pause was put in place to give the company time to adjust its current business crypto offering to make sure all…
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House’s McHenry Accuses SEC Chief Gensler of…
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House…
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Roger Ver Indicted for Tax Fraud
Roger Ver, now a bitcoin cash (BCH) advocate, but an early bitcoin (BTC) investor, was indicted for tax fraud on Tuesday, a press release from the U.S.…
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Crypto industry steps up political donations as mood in Washington sours
Crypto companies have sharply increased donations to US politicians as sentiment in Washington hardens against the digital assets market.Companies including Coinbase, the Nasdaq-listed exchange, stablecoin operator Circle and a16z, the crypto investing arm of venture capitalists Andreessen Horowitz, are directing more funds towards electing…
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Consider regulatory sandbox approach to deal with crypto…
GTRI said that in the light of crypto's acceptance in the regular financial system in the US, it remains to be seen how India's crypto policy evolves in…
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Indonesia’s Election Results May Be Good for Crypto,…
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media!-->!-->!-->!-->!-->!-->!-->!-->!-->…
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Bitcoin falls after DTCC rules out collateral for bitcoin-linked ETFs
A Bitcoin monitor displayed on an ATM in an ACE Cash Express check cashing and loaning service center on April 19, 2024 in Pflugerville, Texas. - Brandon Bell/Getty ImagesThe price of bitcoin BTCUSD fell to a low of $62,801 early Saturday from $63,476 late Friday after the Depository Trust and Clearing Corporation (DTCC) announced it will not…
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United States acts as top cop — setting the crypto standards…
Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024.The U.S. has proven to be one of the…
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Federal Reserve Holds Policy Steady, Says Progress on…
As expected, the Federal Open Market Committee of the U.S. Federal Reserve on Wednesday left its benchmark fed funds rate range unchanged at 5.25-5.50%.Also…
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The FCA's stringent rules are hurting crypto firms in the UK, says Bittrex Global CEO
Last summer, UK Prime Minister Rishi Sunak said he was keen on providing regulatory clarity regarding how crypto firms should register and operate in the country — as part of his ambitions for the UK to become a global hub for web3.However, fast-forward several months and some firms have now suspended services or exited the UK market amid strict…
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