The Biden Administration is expected to issue an order that would make government agencies begin conducting risk analysis on cryptocurrency as a national security threat.
Russian lawmakers and administration are locking horns over the fate of the country’s cryptocurrency sector, even as the threat of a blanket ban looms over its head. In the latest development, the Russian Finance Ministry has expressed outward support to the asset class by proposing a regulatory framework for cryptocurrencies. This comes in response to […]
FTX US has reached a value of $8 billion in its latest $400 million funding raise. According to the exchange’s press release, FTX.US locked in new funds from a group of blue chip investors to help it expand its U.S presence, and “further establish itself as the largest crypto exchange in the US” while adhering […]
Crypto exchange FTX has reached a staggering new valuation after it completed its latest round of fundraising. According to a press release, the company closed $400 million during its Series A round of funding today, which now has FTX valued at $8 billion. Brett Harrison, FTX’s president, says that the crypto exchange’s valuation reflects its […]
The Bank of Thailand (BOT), in association with Thailand’s Security And Exchange Commission (SEC) and Ministry of Finance (MOF), will jointly be spearheading the endeavor of regulating cryptocurrency as a payment method for the goods and services in the region. As per the official press release, the Thai authorities are planning to introduce a set […]
Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank in Moscow. Belarus to Keep Favorable Crypto Regulations Officials in Belarus do […]
Eventus Systems, a provider of multi-asset class trade surveillance and market risk solutions, announced today that Bitbuy, a Canadian-based cryptocurrency trading platform (recently approved as a regulated marketplace) will be using the Eventus Validus platform to meet all of its trade surveillance needs. With more than 375,000 users and $4.4 billion transacted through its platform, […]
The Oman financial regulator, the Capital Markets Authority (CMA), recently invited companies interested in helping it set up a regulatory framework for virtual assets to participate in a tender process. According to a report by Unlock Media, this process of creating the regulatory framework will be divided into two phases. The first part will identify and set […]
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interested companies need to submit their proposals no later than March 23, 2022. Process Divided Into Two Phases The Oman financial regulator, the Capital Markets Authority […]
Gary Gensler, head of the U.S. Securities and Exchange Commission (SEC), has alluded to the idea that Bitcoin is in competition with the American financial system and its global consensus. Speaking with former SEC Chairman Jay Clayton at the DACOM 2021 conference, Gensler said Satoshi’s original idea for Bitcoin has ultimately become at odds with […]