GEMINI PLANS TO OBTAIN CRYPTO LICENCE IN UAE AS PART OF ITS GLOBAL EXPANSION STRATEGY |1300 HKT | 0600 UKT | 6 June 2023

by Александр Пирогов | Jun 7, 2023 | Blog News

Cryptocurrency exchange Gemini is reportedly gearing up to obtain a crypto licence to operate in the UAE, marking a key step in their global expansion strategy. This move aligns with UAE’s efforts to establish itself as a hub for digital asset businesses amidst rising...

SEC FILES 13 CIVIL CHARGES AGAINST BINANCE, ALLEGING UNREGISTERED OPERATIONS AND MISHANDLED CUSTOMER FUNDS |1300 HKT | 0600 UKT | 6 June 2023

by Александр Пирогов | Jun 7, 2023 | Blog News

The US Securities and Exchange Commission (SEC) filed 13 civil charges against Binance, the world’s largest crypto exchange on 5 June. The crypto exchange is accused of operating unregistered exchanges, broker-dealers and clearing agencies and mixing customer funds...

EUROPOL SEIZES $46 MILLION IN BITCOIN, SHUTS DOWN CRYPTOCURRENCY MIXER CHIPMIXER FOR MONEY LAUNDERING |1300 HKT | 0600 UKT | 16 March 2023

by Александр Пирогов | Mar 16, 2023 | Blog News

Europol, the European Union Agency for Law Enforcement Cooperation, seized the assets of cryptocurrency mixer ChipMixer on 15 March, alleging its involvement in money laundering. The agency confiscated 1,909.4 Bitcoin, valued at $46 million, and shut down the...

US FEDERAL RESERVE TO LAUNCH INSTANT PAYMENTS NETWORK FEDNOW IN JULY 2023 |1300 HKT | 0600 UKT | 16 March 2023

by Александр Пирогов | Mar 16, 2023 | Blog News

The US Federal Reserve has announced that its long-awaited instant payments system, FedNow, will launch in July. The system will allow payments to be settled within seconds between merchants, consumers and banks without using blockchain technology. The program has...

SEC CHAIR URGES REGULATION OF PROOF-OF-STAKE TOKENS AMID INDUSTRY DEBATE |1300 HKT | 0600 UKT | 16 March 2023

by Александр Пирогов | Mar 16, 2023 | Blog News

US Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that proof-of-stake tokens should be regulated as securities. Gensler encouraged token operators to seek compliance, as crypto firms try to avoid the security label and its associated...

NY REGULATOR SHUTS DOWN SIGNATURE BANK OVER DATA CONCERNS, DENIES CRYPTO BIAS ALLEGATIONS |1300 HKT | 0600 UKT | 15 March 2023

by Александр Пирогов | Mar 15, 2023 | Blog News

The New York State Department of Financial Services (NYDFS) reportedly denied claims of a bias against cryptocurrencies after shutting down Signature Bank on 12 March. The NYDFS spokesperson clarified that the bank’s closure was due to “a significant crisis of...