Cryptocurrency Analysis and News Portal
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement,
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Beyond the integrated Binance tax reporting tool, the exchange has also taken action to reduce the daily Bitcoin (BTC) withdrawal limit for its users that have not completed the KYC verification requirement.Binance, the world’s largest cryptocurrency exchange by trading volume has provided integration for a tax reporting tool in a
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Binance, the world’s biggest cryptocurrency exchange by trading volumes, continues its efforts to maintain dialogue with global regulators by introducing withdrawal limits and a new tax reporting system.The company officially announced Tuesday a major update to its Know Your Customer (KYC) policies, significantly reducing maximum withdrawal amounts for users that
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Software development studio Uniswap Labs (UL) announced the restriction of certain tokens via the app.uniswap.org domain. The company claims to be taking part in “creating a better” financial system and has taken the decision after reviewing the regulatory landscape and the actions of other “DeFi interfaces”. The token removed from the
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“The mempool is a dark forest,” proclaims Ryan Sean Adams, author of the “Bankless” newsletter. And he goes on to paint a picture of a dangerous place full of predators – arbitrage bots, front-runners and the like:“They hide in the mempool waiting to attack. They monitor any and all transactions
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Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor’s noteNew developments in crypto this week are challenging a number of critical boundaries of legal authority. We are, consequently, looking at several cases that promise to set new lines for government
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China is implementing new Fortnite gameplay restrictions. These new limits could severely hinder the country’s expanding the esports scene. Overall, in-game restrictions are going way overboard. China’s government has already placed infamous limits on younger gamers. Kids and teens can’t play past 10 pm on weekdays, and they’re restricted
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Japan’s Financial Services Agency is planning to impose strict restrictions on permitted leverage for margin trading in cryptocurrency exchanges. The planned changes were reported by the Japanese news outlet Japan Times which references sources at the agency.The financial regulator is pushing for these restrictions in order to reduce the risk
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Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports.Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA), local English-language news outlet Japan Times revealed plans to limit margin leverage to twice the total of
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The Intercontinental Exchange (ICE) has announced tentative margin requirements for Bakkt Bitcoin (BTC) futures trading contracts. The announcement appeared on ICE’s official website on Sept. 9.Bakkt futures margin requirementsPer the notice, the initial hedge requirement for daily and monthly futures contracts is $3,900. The speculative initial requirement for both contracts
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