LocalBitcoins, a popular peer-to-peer Bitcoin exchange, is closing down due to challenging regulatory environment. Withdrawal of funds is advised as user accounts will be disabled in 30 days. The closure marks a significant loss for the Bitcoin community.
LocalBitcoins Shuts Down Operations: A Major Loss for The Community Read More »
TLDR Coin Cloud’s bankruptcy filing is a significant development in the crypto ATM industry, and one that will be closely watched by those in the crypto community. The company’s challenges are a reflection of the broader challenges faced by the industry, and highlight the need for continued innovation and adaptation in this fast-changing space. Regardless
Coin Cloud Files for Bankruptcy in Crypto ATM Shake-Up Read More »
TLDR The rumors of a potential ban on crypto staking for retail customers in the United States have raised important questions about the regulatory status of cryptocurrencies and the role of the SEC in the crypto market. While the SEC has not yet taken any formal action on the matter, the rumors highlight the need
SEC’s Potential Ban on Crypto Staking Causes Concern Among Investors Read More »
This article provides an in-depth analysis of the current state of cryptocurrency regulation and the likelihood of seeing significant regulation in 2023. It examines the challenges and opportunities posed by the cryptocurrency industry and the various regulatory developments happening globally, including in countries such as Japan, South Korea, the United States, and the European Union. The article concludes by suggesting that while the exact timing and scope of regulation remains uncertain, the trend towards greater regulation is likely to continue.
Crypto Regulation: The Future of the Industry in 2023 Read More »
Binance is organizing a consortium aimed at rebuilding trust in the crypto industry. The consortium, which will be made up of key players in the crypto space, will work to establish and maintain industry-wide standards for security, transparency, and accountability.
Binance Leads Effort to Restore Trust in Crypto with New Consortium Read More »
Bitcoin miner Digihost Technology Inc. has completed its acquisition of a controversial power plant, which has sparked both criticism and support within the industry. The acquisition has been in the works for several months and is part of Digihost’s strategy to expand its bitcoin mining operations and secure a stable source of energy. The power
Digihost Technology Completes Power Plant Acquisition Read More »
MicroStrategy, the world’s largest publicly traded business intelligence company, has sparked speculation that it could delve into bitcoin futures trading. The company recently revealed that it had acquired an additional $1 billion worth of bitcoin, taking its total investment in the cryptocurrency to over $4 billion. The investment in bitcoin futures would allow MicroStrategy to
MicroStrategy Takes the Leap: Could Delve into Bitcoin Futures Trading Read More »
The crypto world was stunned by the recent news that the once high-flying cryptocurrency exchange, FTX, has declared bankruptcy. The news has sent shockwaves through the crypto community, and many are left wondering what went wrong. FTX was founded in 2019 and quickly became one of the most popular cryptocurrency exchanges. The exchange was known
FTX Bankruptcy Causes Stir as Exchange Asks for Return of Political Donations Read More »
A former Coinbase employee has agreed to a plea deal in connection with a case of insider trading. The individual, who worked in the compliance department of the cryptocurrency exchange, has been accused of using non-public information to trade in cryptocurrencies on the platform. The plea deal marks a significant development in the ongoing investigation
The Bank of England has dismissed the notion that its recently proposed “Digital Pound” would be anything like existing cryptocurrencies. Speaking at a conference in London, a high-ranking official from the central bank stated that the digital pound was a fundamentally different concept and would be subject to different regulations and oversight. The Digital Pound,
