Crypto.com Exchange Registers With UK Financial Regulator
The crypto exchange has faced past heat over advertisements from the FCA. Source
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Financial
Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’ – Economics Bitcoin News
The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Great Recession.’ Schiff explains that the U.S. has a lot more debt than it did
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Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’ – Privacy Bitcoin News
The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy advocates have spoken out against the actions the government has taken so far, and the nonprofit advocacy
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South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
The head of the country's Financial Services Commission said 13 bills related to virtual assets are to be debated in parliament, a local news outlet reported. Source
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South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets.According to a Thursday report from South Korean news outlet Edaily, Financial Services Commission chair Kim Joo-hyun said a task force consisting
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Wealth managers and VCs are helping drive institutional crypto adoption — Wave Financial execs
Two executives at Wave Financial, an asset management firm providing bespoke strategies to high-net-worth individuals and entities, have reported seeing increased institutional demand for crypto products amid the bear market.Speaking to Cointelegraph at the Blockchain Futurist Conference in Toronto on Wednesday, Wave Financial’s head of business development Mike Jones said
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Central Bank of Brazil Director Praises Bitcoin as a Financial Innovation, Talks Programmable Digital Real – News Bitcoin News
Fabio Araujo, Director of the Central Bank of Brazil, has praised the properties of Bitcoin, saying it is a financial innovation using new technologies. To Araujo, Bitcoin was the catalyst for what is today known as Web3. At an event, Araujo also commented about the status of the development of
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Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens
Waters, who is also leading an effort alongside the panel’s ranking Republican to write legislation to regulate stablecoins, signed the letters alongside other committee Democrats, sending the requests to prominent crypto companies, including Binance.US, Circle, FTX and Coinbase, plus companies investing in the industry such as Andreessen Horowitz and Digital
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Robinhood’s Crypto Unit Fined $30 Million By New York Financial Regulator
The New York Department of Financial Services, or NYDFS, has fined Robinhood's cryptocurrency arm $30 million for suspected anti-money laundering violations, cybersecurity, and consumer protection regulations. NYDFS Superintendent Adrienne Harris announced on Tuesday that Robinhood Crypto would pay a $30 million penalty to the state "for major violations in the areas
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Bitcoin Brokerage River Financial Drops Fees for Recurring Trades
River Financial’s zero-fee trading becomes effective one week after a customer sets up the first recurring BTC order, and there’s no order size limit. The underlying trading strategy is dollar cost averaging (DCA), where an investor purchases assets on a set schedule rather than in reaction to market movements. Original Source
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