The price of bitcoin on Sunday bounced as high as $22,600 on the news. It’s currently pulled back a bit to $22,100. Among stock movers this morning, MicroStrategy (MSTR) is higher by 5.6%. Bitco...
Tag: CryptoRelated
Visa & Mastercard to Halt New Crypto-Related Services
3 hours ago | 2 mins read Bitcoin News Visa and Mastercard intend to pause new crypto-related services. Visa stated they have a long way to go before crypto. In the wake of the crypto industry meltdow...
US federal regulators warn banks of crypto-related liquidity risks
Three United States federal regulators have issued a warning to banks about crypto-related liquidity risks The warning relates to volatility in deposit inflows and outflows related to crypto-entities ...
Major crypto-related stocks rise; Silvergate leading with 25%
Ad The top 12 crypto-related stocks recorded increases in the past 24 hours, and crypto bank Silvergate Capital (SL) recorded the highest spike with over 25% to reach $21.83 at the time of writing. Ma...
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions – Regulation Bitcoin News
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the de...
The Number of Crypto-Related Enforcement Actions in the United States Grows
According to a study that was just recently released by Solidus Labs, a company that specialises in blockchain risk monitoring, the number of enforcement actions in the United States that were associa...
NFT court orders could become a norm in crypto-related litigation: Lawyers
Nonfungible tokens (NFTs) are becoming an increasingly popular solution for serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last yea...
South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints – Regulation Bitcoin News
According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit su...
Coinbase, crypto-related stocks buoyant as traditional markets slide
Crypto-related stocks from Coinbase to Hut 8 are trading higher, bucking the trend for the S&P 500 and Nasdaq, which are sliding. Bitcoin has been trading firmly above $19,000 over the past...
Intuit Plans To Launch Crypto-Related Software’s
– Advertisement – Intuit Files Trademark Application to Launch Blockchain and NFT Software. The leading software firm plans to launch downloadable blockchain software for crypto and virtua...
Nepal orders ISPs to block crypto-related websites and apps
Nepal is showing no mercy regarding crypto-trading and has taken a hardline stance against it. The country’s telecom regulator has ordered ISPs to shut out all crypto-related websites. The Nepal Telec...
Crypto sanctions reduce crypto-related crime
Chainalysis has published a report on the efficacy of OFAC adding crypto addresses to its SDN sanction list. OFAC includes cryptocurrency addresses on its SDN list for the first time In 2022, the U.S....
Top US Regulators Warn American Banks To Keep an Eye on Crypto-Related Risks
The U.S. Office of the Comptroller of the Currency (OCC) is issuing a joint statement with the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) urging US banks to be more cautious ...
Silvergate Capital shares plunge nearly 50% amid crypto-related negativity
Silvergate Capital Corp (NYSE: SI) shares dropped sharply on Thursday, with intraday declines as of midday more than 47% to see the crypto-focused bank’s stock trade around $11.52. Silvergate shares f...
Two crypto-related ETFs were the worst-performing in Australia for 2022
Cryptocurrency-related exchange-traded funds (ETFs) have taken the two top spots for the worst-performing ETFs in Australia for the year, with the same story playing out in the United States. BetaShar...
Venezuela banks block more than 75 crypto-related accounts
The accounts of consumers with connections to cryptocurrency trading, particularly those connected to peer-to-peer (P2P) transaction activity, have caught the attention of Venezuelan banks. Venezuelan...
HSBC Filed Trademark Application for Crypto-Related Services
And HSDC filed an application on the series of 97718803 and 97718583 on Dec 15, and the bank outlines a wide range of products and services in its applications, including transmitting, receiving, exch...
Crypto-related employment in 2022 surpassed 80,000 despite record layoffs
Although the 2022 crypto market has remained bearish, the conditions have had little impact on the sector’s hiring. In particular, cryptocurrency-related employment in 2022 hit 82,200, representing a...
France blacklists only two crypto-related websites in 2022
During the 2022’s bear run, French financial regulators have added only two crypto services to their blacklist — a considerable reduction in comparison to 2021. On Dec. 21, the Prudential Supervision ...
Binance auditor Mazars suspends crypto-related client work
The auditing company Mazars, which worked with Binance and other crypto exchanges on proof-of-reserves statements, has stopped all work with crypto clients. Mazars no longer serves clients that use cr...
New York authority lays out conditions for banks to offer crypto-related services
The New York Department of Financial Services (DFS) has released a guideline mandating banking institutions to seek regulatory permission at least 90 days before offering crypto-related services. The ...
Financial Stability Board aims to address crypto-related risks following FTX’s collapse
The international monitoring body Financial Stability Board, or FSB, called for a global framework aimed at regulating and supervising crypto in the wake of FTX’s collapse, also saying it would assess...
Bitcoin, ether prices buoyant in line with crypto-related stocks, Grayscale products still falling
Bitcoin and ether traded higher in line with crypto stocks as traditional markets rose marginally. Bitcoin gained 2.6% in the past day, trading at $16,804 at 8:30 a.m. Eastern, according to Coin...
UK bank Starling bans crypto-related purchases and deposits citing high risk
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. Starling — a digital bank based in the United Kingdom — is the la...
IRS Updates Crypto-Related Instructions for 2022 Tax Filing – Coinotizia
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currenci...
IRS Updates Crypto-Related Instructions for 2022 Tax Filing – Taxes Bitcoin News
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currenci...
California governor vetoes bill requiring crypto-related businesses to obtain a special license
Gavin Newsom, the governor of California, declined to sign a bill that would have established a licensing and regulatory framework for cryptocurrency businesses in the state, citing the need for a mo...
CFTC aggressively enforced actions against 18 crypto-related cases in 2022
The Commodity Futures Trading Commission (CFTC) said it has aggressively enforced 18 crypto-related legal actions in 2022 to show its commitment to protecting consumers and ensuring market integrity. ...
CFTC: 20% of enforcement actions in FY 2022 crypto-related
The Commodity Futures Trading Commission (CFTC) has released its enforcement actions report for the Fiscal Year 2022, detailing some of the top actions brought against crypto firms over the past year....
CFTC says 20% of its actions for the 2022 fiscal year were crypto-related
As the United States Commodity Futures Trading Commission (CFTC) strives to become the main regulator for the cryptocurrency market instead of the Securities and Exchange Commission (SEC), it has sign...
Interpol forms dedicated team to crackdown on crypto-related crimes
The International Criminal Police Organization (Interpol) is stepping up its efforts to help member countries fight cryptocurrency-related crimes through a dedicated branch. Interpol, which has 195 m...
Binance and Kazakhstan to Share Information About Crypto-Related Crime – Coinotizia
Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to i...