AUSTRALIAN CRYPTO LEGISLATION MAY NOT BE IMPLEMENTED UNTIL 2024, SAYS GOVERNMENT DOCUMENTS |1300 HKT | 0600 UKT | 6 March 2023

by Александр Пирогов | Mar 6, 2023 | Blog News

The Australian government’s internal documents indicate that the process of legislating on crypto may extend beyond 2024. The documents suggest the government will issue consultation papers in Q2 2023 and hold stakeholder roundtables on crypto licensing and custody in...

RIPPLE CEO CRITICIZES SEC’S REGULATORY APPROACH, WARNING EXODUS OF CRYPTO COMPANIES |1300 HKT | 0600 UKT | 6 March 2023

by Александр Пирогов | Mar 6, 2023 | Blog News

Ripple CEO Brad Garlinghouse has expressed his concerns about the US Securities and Exchange Commission’s (SEC) regulation through an “enforcement” approach towards the crypto industry. According to Garlinghouse, the SEC’s enforcement approach is not a healthy...

NATIONWIDE AND HSBC BAN CREDIT CARD PURCHASES OF CRYPTOCURRENCIES AMID FCA WARNINGS AND INDUSTRY SCANDALS |1300 HKT | 0600 UKT | 3 March 2023

by Александр Пирогов | Mar 3, 2023 | Blog News

Nationwide Building Society and HSBC Holdings Plc have reportedly prohibited retail customers from purchasing cryptocurrencies with credit cards. This decision came as a response to warnings issued by the UK Financial Conduct Authority (FCA) and recent scandals in the...

BINANCE TO HIRE 500 NEW EMPLOYEES BY JUNE, DENIES LAYOFF RUMORS|1300 HKT | 0600 UKT | 3 March 2023

by Александр Пирогов | Mar 3, 2023 | Blog News

In response to enquiries from Cointelegraph, the spokesperson of Binance denied that the crypto exchange had any plans to lay off staff and said it sought to fill 500 new roles by the end of June. The statement came in contrast to a spate of layoffs in the crypto...

COINBASE SEVERS TIES WITH SILVERGATE BANK AMID ONGOING INVESTIGATION |1300 HKT | 0600 UKT | 3 March 2023

by Александр Пирогов | Mar 3, 2023 | Blog News

US-based crypto exchange Coinbase has reportedly severed its ties with Silvergate Bank as its USD banking partner, citing an ongoing investigation. Instead, Coinbase will use Signature Bank to facilitate institutional client cash transactions for its prime customers....

FRENCH NATIONAL ASSEMBLY PASSES STRICTER CRYPTO LICENSING RULES TO ALIGN WITH PROPOSED EU STANDARDS |1300 HKT | 0600 UKT | 2 March 2023

by Александр Пирогов | Mar 2, 2023 | Blog News

The French National Assembly has reportedly passed a bill relating to stricter licensing rules for new crypto companies to align with proposed EU standards. The bill mandates France-based VASPs to adhere to stricter anti-money laundering regulations, segregate...