Namibia takes a U-turn with its new crypto regulation bill

Once the Ministry of Finance determines a date, the law will come into force in the country. Called the Namibia Virtual Assets Act 2023, it is the first law in Namibia, outlining how to regulate crypt...

Binance Pulls Back German Crypto License Application

“Binance confirms that it has proactively withdrawn its BaFin application,” a spokesperson told CoinDesk in an emailed statement. “The situation, both in the global market and regulation, has changed ...

Singapore’s High Court Declares Crypto as Personal Property, Equivalent to Fiat Money.

The post Singapore’s High Court Declares Crypto as Personal Property, Equivalent to Fiat Money. appeared first on Coinpedia Fintech News Singapore’s High Court has recognized cryptocurrency as trustab...

Crypto Lending Protocol EraLend Hacked to the Tune of $3.4 Million

On the 25th of July, EraLend was hit by a reentrancy attack that allowed an unknown bad actor to make off with about $3.4 million worth of crypto. A reentrancy attack, a type of cyberattack affecting ...

2023 Q2 Crypto Industry Report

E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. After the exuberance of Q1, the crypto market took Q2 to consolidate gains and only increased slightly by 0...

Ethereum Whales Sell Off Massive Amounts of ETH and Wrapped Bitcoin As Crypto Markets Weaken: On-Chain Data

A handful of whales dumped millions of dollars of Wrapped Bitcoin (WBTC) and Ethereum (ETH) after the crypto market slumped earlier this week. One whale dumped 150 Wrapped Bitcoin worth $4.36 million ...

Stablecoins Act As Vital Links Between Crypto And Real World: Ex-CFTC Chief 

Stablecoins have been gaining traction in the financial world, prompting discussions about their significance and potential risks. In an eye-opening interview, Timothy Massad, the former chairman of t...

‘Crypto killer’ FedNow launches, fails to kill crypto

The US Federal Reserve’s highly anticipated “crypto killer,” FedNow, went live on July 20, 2023. Six days later, it seemingly has not had much effect on the crypto industry despite sharing many value ...

74% of institutional investors plan to boost their crypto investments

As the cryptocurrency market begins to capture the attention of more institutional investors and wealth managers around the globe, recent research has demonstrated that most of them have plans to boos...

Crypto.com and LINE Xenesis Partner to Boost Cryptocurrency Solutions in Asia Pacific

Crypto.com, serving over 80 million global customers as a prominent cryptocurrency platform, and LINE Xenesis Corporation, a blockchain-related business developer of the global messaging app LINE, hav...

Namibia’s crypto assets bill becomes law, ushers in era of digital asset regulation

Namibia has embraced the world of cryptocurrencies by signing the groundbreaking Virtual Assets Act 2023 into law. The legislation marks a pivotal moment for the nation, laying down clear guidelines f...

EDX Markets Crypto Exchange Taps Talos to Broaden Reach

Cryptocurrency exchange EDX Markets has announced that it will work with the Talos Trading platform to create more access points to the market as more large institutions are stepping into the ring.  U...

How to earn massive returns with crypto spot trading?

Crypto spot trading is a basic way of earning massive returns through trading and investments. To put it simply, spot trading involves traders buying crypto assets and waiting for their value to rise....

Pro-Crypto GOP Candidates to Take Presidential Debate Stage

Candidates for the Republican nomination for President of the United States will take the stage in Milwaukee on August 23 for the first debate of the Presidential race. Barring unforeseen developments...

Another Win For Crypto: Namibia Lifts Ban On Virtual Assets

In another big win for crypto and worldwide adoption, Namibia has become the latest country to adopt virtual assets into its ecosystem by passing a law that regulates the activities of Virtual Asset S...

Binance Coin (BNB) Price Poised For A Major Breakout

Binance Coin bulls have shown signs of sluggishness, leading to a concerning dip below the crucial $240 support level. This downward movement suggests that bearish forces may be gaining dominance in t...

Crypto Lawyers Expect SEC To File Interlocutory Appeal In Ripple Case

Crypto lawyers James Murphy and Bill Morgan expect the SEC to file an interlocutory appeal in the lawsuit against Ripple. An interlocutory appeal is made in the absence of a final judgment by the cour...

Deloitte, Chainalysis partner up in quest to achieve crypto compliance

Deloitte and Chainalysis will become strategic partners in a bid to boost crypto compliance among their shared clients, Chainalysis revealed in a statement Tuesday. Chainalysis told Blockworks the par...

Singapore Court Says Crypto Is a Property That Can Be Held by Trust

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On-chain economy: Each BSV transaction weakens the ‘crypto’ cartel

All transactions on the BSV blockchain matter, and the crypto cartel hates it. The on-chain economy that Bitcoin enables is the antidote to any corrupt system, such as the current digital asset space....

TOP 5 Crypto Processing Gateways and Providers in 2023

In the ever-evolving landscape of digital payments, cryptocurrencies have emerged as a transformative force, offering fast, secure, and borderless transactions. As businesses seek to embrace this real...

CFTC sues Tennessee couple over alleged ‘Blessings of God Thru Crypto’ fraud

The CFTC has accused Tennessee-based real estate business owners of running a fraudulent crypto scheme that allegedly swindled over 100 individuals out of more than $6 million. The Commodity Futures T...

Abu Dhabi regulator grants trading firm Rain permission to offer crypto services

The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has granted its financial services permission for cryptocurrency firm Rain to offer brokerage and custody services to residen...

Trader Who Called 2023 Crypto Rally Has ‘Gut Feeling’ on Bitcoin’s Next Big Move

A trader who caught this year’s crypto rally says that Bitcoin’s (BTC) recent price action does not bode well for the top digital asset’s outlook. Pseudonymous analyst DonAlt tells his 497,700 Twitter...

Ripple Vs SEC Update: Ripple’s XRP Ruling Sparks Debate Among SEC Officials and Crypto Community

Ripple’s digital currency, XRP, was declared not a security in a ground-shaking decision that has sent bureaucrats and crypto-fans alike into a debate. Not all are happy with this ruling.  SEC Officia...

Crypto Giant Coinbase Presses for Swift Australian Digital Asset Regulation

Expert lawyers observe “mass exodus” of digital assets from Australia since mid-2022. Coinbase warns Australia of falling behind global counterparts in digital asset regulation. Crypto industry calls ...

Crypto Scam ‘Blessings Of God’ Leads to CFTC Charges Vs. Couple

The Commodity Futures Trading Commission has filed charges against a husband and wife, accusing them of engaging in illicit crypto activities that defrauded more than a hundred individuals. The allege...

Namibia Enacts Virtual Assets Act 2023 To Regulate Crypto Sector

The legislation’s goal is to establish guidelines for the licensing and oversight of VASPs. The country’s authorized crypto regulator will soon be able to issue licenses to businesses. After passing a...

Horrendous News Stories Coming for Bitcoin Amid Bearish Price Action, Warns Trader Who Called 2023 Crypto Rally

A trader who caught this year’s crypto rally says that Bitcoin’s (BTC) recent price action does not bode well for the top digital asset’s outlook. Pseudonymous analyst DonAlt tells his 497,700 Twitter...

8 ways crypto companies can improve their financial compliance in the US

The U.S. presents many obstacles to crypto companies, with a multiplicity of federal and state regulatory agencies having real or potential jurisdiction over the industry. Its unique political environ...

Binance to launch Japanese crypto services in August

Binance will re-enter the Japanese market for the first time since 2018 following its November 2022 acquisition of Sakura Exchange BitCoin. Crypto exchange titan Binance will launch fully compliant di...

WLD up +22.17%, BTC +0.48%, Janex is The Coin of The Day – Daily Market Update for Jul 26, 2023 | CoinCodex

Key highlights: The total cryptocurrency market cap increased from $ 1.18T to $ 1.19T in the past 24 hours, representing a 0.44% change The Bitcoin price at press time is $ 29,268 after growing by 0.4...