Cryptocurrency Analysis and News Portal
The leading cryptocurrency by market value fell to $38,577 during the Asian hours, a level last seen on March 15, according to CryptoX data. Per analytics firm IntoTheBlock, $40,000 was important support, as significant buying activity has happened around that level in the past. The latest decline means the cryptocurrency
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“They’re screwed, I think, unless they can spin up a new entity in an unregulated area, which they might do,” the CEO of one of the firms preparing to use an overseas jurisdiction, who also requested anonymity. “I know that some of these firms have been either in the process
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The U.K.'s Financial Conduct Authority has pushed back its March 31 deadline for select crypto firms to attain full registration. Source
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Cryptocurrency payments app Wirex has withdrawn from the U.K. Financial Conduct Authority's temporary registration regime ahead of the March 31 deadline to obtain full registration. Original Source
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Chino said it was too sensitive to disclose specific details of discussions between JCBA members. He did reveal that among questions raised was who would be subject to the travel rule. Though the travel rule would be applied to inter-VASP transactions, he said it was not clear whether hosted wallets
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BlackRock Financial Management’s global head of iShares and index investments said the financial firm will likely not be launching exchange-traded funds (ETFs) linked to crypto assets anytime soon.According to a Friday report from Financial News, BlackRock executive Salim Ramji said the firm with $9.5 trillion in assets under management has
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Bitcoin rose to $61,000 Friday as traders eagerly anticipate approval of a bitcoin exchange-traded fund (ETF) in the U.S. Enthusiasm for such an approval contributed to a near 6% jump in BTC’s price over the past 24 hours.The U.S. Securities and Exchange Commission (SEC) is reviewing around 40 bitcoin ETF
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The groundbreaking cryptocurrency exchange, based in Tokyo, Japan, shut down in 2014 after thousands of bitcoins were stolen by unknown hackers. The process of making the exchange’s victims whole has been a lengthy, drawn-out process, characterized by delays and legal disputes. Today marks the end of yet one more milestone
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The Reserve Bank of New Zealand is seeking public input over how it should assess the use case for the country’s digital dollar.Two discussion papers titled “The Future of Money – Stewardship” and “The Future of Money – Central Bank Digital Currency,” released Thursday, are aiming to solicit public feedback
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Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for New Korean Crypto Regulations Expires Friday Registering with Korea’s Financial
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