The UK’s finance ministry is set to release new regulatory frameworks concerning cryptocurrencies and the use of blockchain technologies across its jurisdiction. Alongside this, government offic...
Tag: firms
Saudi Wealth Fund May Make Major Investment in Building Firms
(Bloomberg) — Saudi Arabia’s sovereign wealth fund may invest hundreds of millions of dollars in four local construction firms as it looks to bolster an industry that’s been crippled by payment ...
UK Regulator Issues Fresh Warning to Crypto Firms amid Key Deadline Approaches
The Financial Conduct Authority (FCA), a financial regulatory body in the United Kingdom, has issued a fresh warning to crypto firms. The regulator issued a mildly worded statement on Thursday informi...
Crypto firms face critical deadline in the UK
Crypto firms in the United Kingdom could be forced to cease operation by next week as the deadline for registration with a foremost financial regulator in the country looms. UK crypto companies have M...
Crypto Firms Risk Closure If Not Registered With FCA By End of March
Firms operating in Britain must be registered with the Financial Conduct Authority (FCA) by March 31. In the event crypto companies fail to register with the financial watchdog by the deadline, they c...
Wall Street Firms Are Slashing S&P 500 Price Targets—Here’s What They Predict For Markets
Topline A majority of Wall Street’s biggest firms have recently been slashing their S&P 500 forecasts for this year, predicting lower stock market returns as the Federal Reserve raises interest ra...
Bank of England Calls for More Regulation as U.K. Crypto Firms Express Frustration With Current Rules
Key Takeaways The Bank of England’s Financial Policy Committee has called for additional regulations on the cryptocurrency industry. Meanwhile, many U.K. crypto firms are struggling to comply with exi...
UK’s top regulator releases notice to crypto firms as uncertainty continues
advertisement The UK’s top financial regulator on Thursday set out a number of concerns it believes crypto firms should be keeping in mind as the deadline approaches for inclusion on its AML cry...
Crypto firms face being booted from UK as FCA register deadline nears
A novelty Bitcoin token photographed on a £10 note. Matt Cardy | Getty Images LONDON — A slew of cryptocurrency companies could be forced to wind down their business in the U.K. if they fail to regist...
ASIC Warns against Scammers Impersonating Financial Firms
The Australian financial supervisor has issued a warning on Thursday against the rampant scammers impersonating companies or financial investment firms to dupe potential victims in the country. Accord...
Crypto and NFTs at F1: What are firms bringing to the races beyond sponsorships?
Are crypto companies sponsoring F1 for the glitz and glamor, or will NFTs demonstrate important use cases behind these partnerships? The cryptocurrency community has always put an emphasis on decentra...
Investment Bank Cowen Launches Digital Unit, Aims to Compete With Bulge-Bracket Firms
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
ECB president, Christine Lagarde, warns crypto firms against helping Russia avoid sanctions
The sanctions imposed against Russia by the Western countries have put pressure on cryptocurrency exchanges. Some regulators have expressed concern over how Russia could use cryptocurrencies to avoid ...
ACGA discusses outlook for U.S.-listed Chinese firms
The delisting of U.S.-listed Chinese stocks may come in the next two to three years, according to Jamie Allen of the Asian Corporate Governance Association. “There doesn’t seem to be a hug...
South Korean Gaming Firms Jumps Into P2E Crypto Gaming Sector, Look To Mirror Axie Infinity Success
Neowiz announces the rollout of a new crypto golf gaming title, as the South Korean giant’s step in the play-to-earn crypto gaming industry. However, as per the recent reports, the gaming regulators h...
ECB Strongly Warns Crypto Firms Against Helping Russia Evade Sanctions
The European Central Bank (ECB) has warned cryptocurrency-related firms against helping Russia bypass financial sanctions placed on the nation in the wake of its ongoing conflict with neighboring Ukra...
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’ – Regulation Bitcoin News
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor for compliance and implement sanctions if we do not see impr...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...
Crypto firms warn customers after Hubspot employee account compromise
advertisement Several crypto firms warned their customers over the weekend following a data breach at marketing software maker Hubspot. BlockFi, Swan Bitcoin and Pantera Capital issued messages to the...
Hacker Steals Customer Data From Circle, BlockFi, Other Big Crypto Firms
Crypto companies invest heavily in cybersecurity, but hackers can still burrow in by attacking their third-party vendors. That’s what happened to Circle, BlockFi, Pantera Capital, NYDIG and othe...
White House to Meet With Exxon, Other Firms on Russia Sanctions
(Bloomberg) — President Joe Biden’s administration will brief banks, energy companies and other firms Monday on the impact of Russia’s invasion of Ukraine and ensuing sanctions. Most Read from B...
Austin, TX Is Trying Hard to Attract New Crypto Firms
The city of Austin, Texas is working hard to rebrand itself as one of the biggest bitcoin and crypto hubs in the United States. The region is now creating several initiatives slated to attract a wide ...
Will Congress Members‘ accusation of oppressing Crypto firms on SEC make any loss for the agency?
Discussion over crypto regulation ignited once again when the first Executive Order about the handling of digital assets signed by President Biden was signed recently. Amidst the situation, Multiple U...
Argentinian Regulator to Propose Anti-Money Laundering Measures for Crypto Firms – Bitcoin News
The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation for this purpose...
Macron says France must take control of some energy firms
Macron – Aurelien Meunier/Getty Images 06:14 PM Wrapping up That’s all from us today, thank you very much for following! Our live blog on the P&O Ferries scandal is still open, you can...
Sen. Elizabeth Warren Introduces New Sanctions Bill for Crypto Firms
On Thursday, Senator Elizabeth Warren (D-MA) introduced a bill that aims to enforce U.S. sanctions across the global cryptocurrency industry. The Digital Asset Sanctions Compliance Enhancement Act com...
106 illegal crypto mining firms shut down in Kazakhstan
Kazakhstan is cracking down on cryptocurrency mining firms in the country. The Kazakh government has announced shutting down 106 illegal crypto mining firms. These firms were operating without acquiri...
Argentina plans to tighten regulation of crypto firms
Argentina is looking to include cryptocurrency companies in their anti-money laundering regulations according to local reports. The Buenos Aires Times cited a source that revealed Argentina’s Unidad d...
Polygon Studios ushers in group of top-level gaming hires from web2 firms
advertisement The trickle of talent from web2 to web3 continues, with five new hires for the gaming arm of Polygon. Polygon Studios has named Michael Blank as COO and Young Ko as CFO, according to a s...
Dedicated crypto teams booming within traditional financial firms
Despite the financial volatility that has engulfed the global economic landscape over the last month or so, there seems to be no stopping the growth of the cryptocurrency market, especially the nonfun...