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Tag: Crypto Rules

UK Crypto on Pause: Revolut and Others Halt Services

Followers of the crypto industry with an interest in the UK may recall positive messages emanating from the British authorities throughout 2023. According to...

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Gary Gensler on Market Oversight, Crypto Rules, and Climate Risk

On 21 September 2023, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), was interviewed by Kailey Leinz on Bloomberg TV....

Binance.US CEO calls it quits amid major layoffs

In this issueShakeup at Binance.USNFT: Ethereum projects at riskIndia’s crypto stand: Decision loomsFrom the Editor’s DeskDear Reader,We here at Forkast are big fans of...

UK FCA Gives Crypto Firms More Time to Implement Some Tough Ads Rules: Report

The United Kingdom Financial Conduct Authority (FCA) said it will extend the deadline for crypto firms to implement the strict marketing rules created...

Weekly Market Wrap: ETF developments bolsters Bitcoin above US$26,000

Bitcoin rose 1.1% from Sept. 1 to Sept. 8 to US$26,267 as of 3:30 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by...

Binance sold USDC for BTC and ETH after Silvergate Bank collapse: PoR report

Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However, the movement of its USD Coin...

South Korean major crypto lender Delio’s operations in peril

Delio, one of the largest cryptocurrency lending companies in South Korea, halted interest payments for all users on Monday, after announcing difficulties in providing...

G20 Urges Global Crypto Rules To Put End to Regulatory Arbitrage: Reuters – The Daily Hodl

The G20’s Financial Stability Board (FSB) is rolling out a set of recommendations for crypto and stablecoin policies in an effort to address the...

Global crypto industry is worth US$180 bln: report

The global cryptocurrency industry is valued at US$180 billion, with over 10,000 companies employing a total of 190,000 employees, according to a July 5...

South Korea, Singapore, Thailand clarify crypto rules

If the first half of this year was distinguished by the U.S. securities regulator slapping fines on cryptocurrency exchanges, warning of legal action and...

CoinEx Settles With NYAG, Banned From Operating in New York

After being sued for operating illegally in February 2023, CoinEx, a Hong Kong-based cryptocurrency exchange, has reached an agreement with the office of...

Hong Kong legislator encourages Coinbase to set up shop in city under new rules

Local legislator suggests global cryptocurrency exchanges such as U.S.-based Coinbase set up operations in Hong Kong as the city’s new licensing regime for crypto...

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