Tags : crypto

Regulation

Early crypto change boss says China stays 50/50 on outright

The co-founder and former CEO of crypto change BTCC, Bobby Lee, mentioned Beijing may transfer to ban Bitcoin fully. Current FUD exercise, coming from China, was a consider BTC’s unceremonious dump a number of months in the past. Chinese language authorities issued notices banning monetary establishments from coping with crypto corporations to guard towards financial […]Read More

Regulation

Jim Cramer calls Tether (USDT) the ‘Achilles heel’ of crypto

Triggered by this week’s sell-offs, Jim Cramer expressed his considerations that Tether, as “the Achilles heel” of cryptocurrency, brings additional threat publicity to markets. “Tether, which is the enormous stablecoin, could possibly be mainly the Achilles heel of the complete Bitcoin operation, which may be very worrisome as a result of we don’t know what […]Read More

Regulation

In throwback to Coinbase boss warning, the EU now seeking

The EU is stricter crypto controls beneath the guise of stopping cash laundering and terrorist financing. Final 12 months, Coinbase CEO Brian Armstrong raised issues over rumors the U.S Treasury was shifting to ban “nameless non-custodial wallets.” This he deemed a step too far and would lead to stifling the burgeoning crypto business. In what […]Read More

Regulation

SEC lays the smackdown on alleged $12 million crypto rip-off

The U.S Securities and Exchange Commission (SEC) takes motion towards alleged crypto fraud perpetrated by Revenue Join Wealth Companies Inc. By way of an emergency motion submitting, the U.S securities regulator obtained a short lived restraining order and froze the corporate’s property in a bid to cease Revenue Join from working. The SEC’s popularity has […]Read More

Bitcoin

Crypto financial institution BlockFi faces regulatory block in New Jersey

The New Jersey Bureau of Securities has filed a stop and desist order in opposition to cryptocurrency lending firm BlockFi, prohibiting it from accepting new purchasers for the agency’s Curiosity Account service within the corresponding jurisdiction. No BlockFi in New Jersey Forbes initially broke the information earlier right this moment, citing a draft press launch […]Read More

Regulation

No shilling Dogecoin or Shiba Inu? How TikTok’s crypto ban

Celebrities shilling meme cash like Dogecoin, Shiba Inu, and Child Doge Coin turned a recurring theme all through 2020 because the crypto markets rose. It initially got here off as an actual shock to many—contemplating one of many greatest DOGE cheerleaders was Elon Musk, the world’s richest man, himself—however that sentiment slowly grew to disdain. […]Read More