UK FCA to Introduce Market Abuse Regime for Cryptocurrencies

by Александр Пирогов | Mar 20, 2024 | Blog News

In a bid to strengthen investor protection and ensure market integrity, the Financial Conduct Authority (FCA) of the United Kingdom has unveiled plans to implement a market abuse regime for cryptocurrencies within the current year. The move, outlined in the...

Bitcoin Faces Quantum Computing Threat: A Crossroads for the Crypto Giant

by Александр Пирогов | Mar 20, 2024 | Blog News

Quantum computing, hailed as a transformative force with the potential to reshape various industries, poses a significant threat to Bitcoin, the leading cryptocurrency valued at $1.27 trillion. Bitcoin’s reliance on the Proof-of-Work (POW) consensus protocol and...

Argentinian Financial Regulator to Oversee Crypto Platforms Amid FATF Pressure

by Александр Пирогов | Mar 20, 2024 | Blog News

The National Securities Commission (CNV) of Argentina has announced its intent to regulate the nation’s cryptocurrency service providers, marking a significant shift in oversight within the Latin American country’s crypto sector. On March 18, the CNV...

Nigerian Court Orders Binance to Provide Comprehensive Data Amidst Executives’ Detention

by Александр Пирогов | Mar 19, 2024 | Blog News

In a significant development, a Federal court in Nigeria has issued an interim order mandating Binance, one of the largest cryptocurrency exchanges globally, to provide detailed information about all Nigerian users trading on its platform to the country’s...

Gluwa Explores Partnership with Liberia for CBDC Development and Satellite Internet Service

by Александр Пирогов | Mar 19, 2024 | Blog News

Gluwa, a real-world assets platform, is in talks with Liberian President Joseph Boakai to explore the possibility of assisting in the development and launch of Liberia’s Central Bank Digital Currency (CBDC). The CEO of Gluwa, Tae Oh, discussed strategies to make...

South Korean Regulators Discuss Crypto Policy with ASEAN and OECD Officials

by Александр Пирогов | Mar 19, 2024 | Blog News

South Korean regulators convened with officials from the Association of Southeast Asian Nations (ASEAN) and the Organisation for Economic Co-operation and Development (OECD) in Seoul on March 18 to discuss crypto policy. Hosted by the Financial Services Commission...