The US Federal Reserve is taking steps to address the fast-evolving cryptocurrency industry. The central bank has announced that it is creating a specialized team of experts to monitor developments in...
Tag: unregulated
US Fed to create new crypto team amid concerns about unregulated stablecoins
The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry, according to a Fed official, amid concerns from the Fed...
UK FCA Initiates Further Action Against Unregulated Crypto ATMs
With the crypto space continuing to remain in the doldrums, regulators have continued to crack the whip on several sectors of the ecosystem. The latest target is unregulated crypto ATMs in London. Cr...
UK FCA Clamps Down On Unregulated Crypto ATMs In London
Regardless of the crypto market condition, regulators have continued to clamp down on several sectors in the crypto industry. Earlier today, the UK financial watchdog, proceeded in taking legal action...
UK’s FCA Cracks Down on Unregulated Crypto ATM Operators ⋆ ZyCrypto
Advertisement     UK’s financial regulator, the Financial Conduct Authority (FCA), has cracked down on suspects whom it alleges were operating illegal crypto ATMs arou...
‘Unregulated, rogue’ crypto exchanges to end under passport system, says O’Leary
Ad Entrepreneur Kevin O’Leary advocated for an exchange passport system that oversees cryptocurrency regulation on a global scale. “I think this is all coming, and I think this is how we’ll emerge out...
Unregulated Crypto Exchanges Will “Go to Zero,” Says Kevin O’Leary
Despite his involvement in the downfall of FTX, which he sponsored for financial gain, Kevin O’Leary, the venture capitalist, is once again investing in the cryptocurrency sector. In a recent intervi...
Kevin O’Leary Doubles Down on Bitcoin (BTC) Accumulation, Predicts Unregulated Crypto Exchanges ‘Go to Zero’
Venture capitalist Kevin O’Leary is doubling down on crypto markets despite being involved with the collapse of FTX, which he was a paid sponsor of. In a new interview with Kitco, O’Leary reveals his ...
Research shows fake unregulated crypto exchange volume
A paper titled “Crypto Wash Trading,” published by the National Bureau of Economic Research, also known as the NBER shows that almost 70% of the transactions on unregulated crypto exchange platforms a...
Much Crypto Trading On Unregulated Platforms Could Be Phony, New Research Shows
LONDON, ENGLAND – DECEMBER 07: A visual representation of the digital Cryptocurrency, Bitcoin on … [+] December 07, 2017 in London, England. Cryptocurrencies including Bitcoin, Ethereum, a...
over 70% transactions on unregulated exchanges are fake
A recent study by NBER revealed that users on unregulated crypto exchanges engage in wash trading. The issue of wash trading in the crypto industry was addressed in a research report titled “Crypto Wa...
70% of unregulated exchange transactions are wash trading: NBER study
With exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in unregulated exchanges are fake. A working paper titled “Crypt...
Kevin O’Leary Calls Binance “Unregulated Monopoly”
The discussion surrounding the demise of what was once one of the biggest crypto exchanges in operation has grown courtesy of the Senate Banking Committee hearing on FTX, which is taking place today. ...
Binance is an unregulated monopoly
The U.S. Congress held a second hearing this week to examine the effects of FTX’s bankruptcy. The company went bankrupt in November, shocking the sector and fueling criticism of Washington’s lax regul...
MAS Distances Itself From Unregulated Crypto, Can It Continue Ruling?
The Monetary Authority of Singapore (MAS) Chairman said that not all crypto activities are regulated in response to parliament, as the country has faced some high-value crypto collapses in the last fe...
Australian Regulators Raise Concern Over Investment In Unregulated Crypto Assets
The number of cryptocurrency investors is drastically increasing. It could have been positive action, but considering the look of the digital market, it is rather alarming. The report from Australia’s...
After Celsius’ Troubles, SEC Boss Gary Gensler Issues Warning on Dangers of Unregulated Crypto Industry
The head of the U.S. Securities and Exchange Commission (SEC) is issuing a warning to traders on the unregulated nature of the crypto industry after crypto lending platform Celsius (CEL) halted withdr...
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country – Bitcoin News
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A clima...
Lawmakers Want Unregulated Crypto Firms Out of the EU
“AMLA shall set up and maintain an indicative and non-exhaustive public register of shell banks and non-compliant crypto-asset service providers operating within and outside the Union based on informa...
Class action suit against Coinbase alleges unregulated securities sales
Three individuals who bought cryptocurrency through Coinbase filed a proposed class action March 11 in the Southern District Court of New York alleging that Coinbase is operating as an unregistered se...
Indian Central Bank Warns against Unregulated FX Trading Platforms
The Indian central bank has issued a warning on Thursday against locally unregulated forex trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of gener...
Clever NFT traders exploit crypto’s unregulated landscape by wash trading on LooksRare
LooksRare made its debut on Jan.10 and the recently launched NFT marketplace has drawn a lot of attention, not only because its daily trade volumes were more than double Opensea’s on the second day of...