Cryptocurrency Analysis and News Portal
The U.S. Securities and Exchange Commission (SEC) is probing crypto exchanges Voyager Digital and Gemini Trust and crypto lender Celsius Network as part of a wider investigation into crypto companies that pay interest on virtual token deposits, Bloomberg reported Wednesday, citing unnamed sources. Source
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Crypto exchange Binance is about to reinstate payments from the European Union's Single Euro Payments Area (SEPA), according to a Bloomberg report, citing a person familiar with the matter.Payments through the network will resume "in the coming hours," Bloomberg said.The rollout will be phased, starting in Belgium and Bulgaria, and
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Indonesia's Financial Services Authority (OJK) warned firms against offering sales of crypto, according to a Reuters report Tuesday, though trading is legal in the country.Financial institutions are strictly prohibited from "using, marketing, and/or facilitating crypto asset trading," the OJK said in an Instagram post, according to Reuters. "Please beware of
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China's government has begun rejecting trademark applications related to metaverse projects, according to numerous local media reports.Trademark applications containing yuan yuzhou - Mandarin for metaverse - have been denied registration by the National Intellectual Property Administration, the South China Morning Post (SCMP) reported Monday citing data from business and trademark
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The White House is readying an executive order for release as early as next month that will outline a comprehensive government strategy on cryptocurrencies and ask Federal agencies to determine their risks and opportunities, Bloomberg reported on Friday, citing unnamed sources. Original Source
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Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices for its crypto purchases.According to a Bloomberg report, a comment letter from the SEC released Thursday showed the regulatory body objected to MicroStrategy reporting information related to its Bitcoin (BTC) purchases based on non-GAAP, or
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Assen Vassilev, Bulgaria’s Deputy Prime Minister for EU Funds and Minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism.According to a Friday Bloomberg report, Vassilev said the government was in discussion with the Bulgarian National Bank as well as industry players
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The world's largest crypto exchange kept weak know-your-customer (KYC) checks and did not properly cooperate with authorities, despite its public promises about compliance, Reuters said in an investigative report published Friday. The report was based on interviews with dozens of former employees of Binance, advisers and business partners, as well
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