Bank of France’s Governor stressed the need for strict regulatory frameworks for crypto firms. Francois Villeroy de Galhau made this statement before the voting of MiCA regulation. The MiCA regulation...
Tag: Crypto
Celsius ruling shines light on crypto user agreement fine print
Experts say a judge’s recent ruling that assets in a yield-bearing account belong to Celsius, not investors, highlights how high the stakes are in bankruptcy proceedings for customers of crypto firms....
ECB Official Says Crypto Must Fall Under Online Gambling Laws
European Central Bank (ECB) executive Fabio Panetta says the bank should regulate crypto assets under online gambling laws. He believes crypto is fundamentally speculative and should be treated as suc...
Italy crypto tax: the new 2023 budget law
A few days ago, the Parliament in Italy approved the Budget Law 2023, in which among other things a new tax system for crypto has been introduced. The issue is very technical and, as is often the cas...
Here’s Why Crypto Prices Might Crash This Week
Join Our Telegram channel to stay up to date on breaking news coverage The Silvergate Capital Corporation is responsible for placing one of the most significant bets on the cryptocurrency market in th...
MyEtherWallet CEO talks about the future of crypto self-custody
In the third episode of the Hashing It Out podcast, Cointelegraph’s Elisha Owusu Akyaw discusses the future of noncustodial cryptocurrency wallets with Kosala Hemachandra, CEO of MyEtherWallet. Recent...
TradFi Fights for Tougher Crypto Rulebook in Wake of FTX Collapse
According to the World Federation of Exchanges, whose members include Nasdaq, the Intercontinental Exchange and the London Stock Exchange Group, the FSB should even “strengthen its stance in requiring...
ECB Board Member Urges Regulators To Treat Crypto Like Gambling Activities
– Advertisement – Crypto community members are not pleased with the latest blog post from the ECB. Crypto community members yesterday and today took to Twitter to express their views on a ...
Crypto analysis: HOOK, Luna, Solana and Eos.io
Price analysis of HOOK, Luna (LUNC), Solana and Eos.io Hooked Protocol (HOOK) Shortly after its launch, the “hooked crypto” touches $1.38 today with +0.28% compared to yesterday, the average trading ...
Rate That Crypto (RTC) Is the Decentralized Way to Profit from the Prediction Market
The prediction Market enables people to buy and sell contracts based on future events. There are lots of similarities that can be made between prediction markets, futures markets, and betting. A decen...
Crypto Lender Genesis Reduces Staff As It Ponders On Bankruptcy Filing
A lot of ups and downs going on in the crypto industry have pushed some, if not most, companies to the edge of insolvency. Following its request for emergency bailout funding, popular crypto lender Ge...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets – Regulation Bitcoin News
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the chan...
French central banker pushes mandatory crypto firm licensing for 2023
Bank of France Governor François Villeroy de Galhau is looking to tighten the country’s grip on companies providing crypto services this year — ahead of EU-wide regulation expected to roll out in 2024...
Crypto exchange Huobi says it will cut staff by 20%
After days of rumors surrounding layoffs at Huobi, the Singapore-based crypto exchange confirmed it would cut about 20% of its overall staff. “The planned layoff ratio is about 20%, but it is no...
Opportunity To Accumulate Bitcoin (BTC) About To End, Says Crypto Analyst Jason Pizzino – Here’s the Timeline
Popular crypto analyst and trader Jason Pizzino sees signs that Bitcoin (BTC) is currently in an accumulation stage. Pizzino tells his 279,000 YouTube subscribers that, based on the market-value-to-re...
Sail Into Web3 With the Crypto Ark: Bybit Looks Ahead in Year End Keynote Address
Ben Zhou, co-founder and CEO of Bybit, the third most visited cryptocurrency exchange in the world, shared Bybit’s journey in becoming a Crypto Ark and a gateway to empower users to level up to Web3 ...
Biggest Crypto Gainers Today – January 5
Join Our Telegram channel to stay up to date on breaking news coverage Though the new year has started, the crypto market hasn’t stopped from giving its traders mixed signals. Yesterday, the market wa...
Crypto Lender Genesis Slashes Staff and Mulls Bankruptcy: WSJ
According to a Jan. 5 report by the WSJ citing ‘people familiar with the matter,’ Genesis is mulling a bankruptcy filing and has let around 30% of its staff go. The layoffs were across several departm...
Bank of France Governor Demands Compulsory Licensing for Crypto Firms
Bitcoin News François Villeroy demanded stricter licensing standards for crypto firms operating in France. France’s central bank head also highlighted the present turmoil in the cryptocurrency market....
France’s top bank official calls for mandatory crypto licensing rules
The governor of France’s central bank has advocated for stricter crypto licensing requirements, Bloomberg News reported Jan. 5. Bank of France governor Francois Villeroy de Galhau told Paris’ financia...
Indonesia to Float Crypto Exchange This Year
In Indonesia today, a total of 383 digital currencies and 10 local tokens can be traded by investors on approved exchanges in the country. The Indonesian government may be moving in a positive directi...
This Crypto Strategist Foresees A Bitcoin Price Reversal Soon
Bitcoin analysts are following up on BTC price trends as the 2022 bear market drags into the beginning of 2023. The crypto market is slightly recovering from the FTX fiasco that caused most of the cry...
Top 10 Crypto Scams and Hacks of 2022
Despite cryptocurrency markets being trapped in a severe bearish recession, scams and hacks in Web3 were on fire for the entirety of 2022. A number of top-tier centralized cryptocurrency heavyweights ...
Highest number of crypto layoffs seen in 2022
Crypto winter continues to hit the industry from all angles, forcing some of its biggest players to scale back their expansion plans resulting in layoffs. Approximately 23,600 employees lost jobs in t...
2022 Crypto and DeFi Losses Hit $3.9 Billion, Says Report
Despite the 2022 market crash, the crypto industry still presents a tantalizing opportunity for so-called “black hat hackers.” At the end of Q3 2022, the crypto space was worth $934.85 billion, accord...
NEXO Price Surges to $0.728 Amid Stumbling Crypto Market
Nexo has surged by 16.6% in the last seven days and is currently trading at $0.728. The key support for NEXO is present at $0.70 as during the past seven days Bulls are targeting $0.8 as the next majo...
Developments That Accelerated Crypto Adoption in 2022
The year 2022 was not kind to crypto and Web3. As companies declared bankruptcy, there was a lot of upheaval in the market. Despite the market breakdown and repeated attacks on the sector, especially ...
SEC Intervenes in Binance US Acquisition of Bankrupt Crypto Lender Voyager Digital’s Assets – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has intervened in the asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital. The securities regulator explained that ...
Crypto firm Juno urges users to withdraw after ‘uncertainty’ with custody partner
Fiat-to-crypto on-ramp solution provider Juno urged its users to sell or self-custody the crypto on its platform citing “uncertainty” with its crypto custodian partner Wyre. In a Jan. 4 tweet, the pla...
Crypto Platform Advises Users to Withdraw Funds Amid Custody Issues
The cryptocurrency firm – Juno – advised its users to withdraw their assets and store them in self-custody wallets or sell their holdings for cash because of “uncertainty” with its partner. The compan...