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The United Kingdom’s Financial Conduct Authority, or FCA, has announced that all cryptoasset firms marketing to users in the country must be in compliance with its financial promotions regime by October 2023.In letters dated July 4, the FCA said starting on Oct. 8, companies operating in the U.K. will have
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“Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer, Paul Grewal, told the United States Congress on June 6. “The SEC [Securities and Exchange Commission] allowed us to become a public company in April 2021, which makes us unique in the crypto
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Even though most miners are not likely to repurpose their facilities for AI, "there are some miners who have always had a more diverse approach to their business operation, with high-performance compute or edge-compute services, in addition to bitcoin mining. With the rapid growth of AI, these companies may accelerate
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Crypto companies have complained that opening bank accounts in the jurisdiction is difficult. Source
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Summary: Mt. Gox rehabilitation trustee Nobuaki Kobayashi reminded creditors to file registration claims before the Mar. 10 deadline.The deadline was extended from January to March at the start of 2023, along with the repayment deadline.Creditors can pick between four repayment options including cryptocurrency and money transfer services. Mt. Gox rehabilitation trustee
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Hester Peirce, a commissioner on the Securities and Exchange Commission (SEC), says that after a terrible year, industry players need to remember what crypto is really about.In a speech at the Digital Assets at Duke conference, Peirce laid down some lessons to be learned from the issues that the crypto
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