Tag: Cryptocurrency Regulation
Crackdown on Rising Crypto Scams in France: What You Need to Know
Crackdown on Rising Crypto Scams in France: What You Need to KnowAuthorities in France are intensifying efforts to combat the surge in crypto scams and fraudulent schemes that are preying on consumer trust. The...
Dispelling Rumors: South Korean Watchdog Clarifies Corporate Crypto Plans
South Korean Watchdog Clarifies Corporate Crypto PlansSouth Korea's Financial Services Commission (FSC) has put an end to the swirling rumors surrounding the issuance of real-name crypto accounts for corporations. The FSC emphasized the need...
Indian Central Bank Takes Cautious Approach to CBDC Implementation
The Reserve Bank of India (RBI) is taking a cautious approach to the nationwide rollout of its Central Bank Digital Currency (CBDC), known as the e-rupee. Deputy Governor T. Rabi Sankar stated that the...
SEC Investigates Immutable X for Potential Violations – What You Need to Know
Immutable X, a web3 gaming firm, recently made a statement regarding a notice it received from the U.S. Securities and Exchange Commission (SEC) related to the sale of its IMX tokens in 2021. The...
The Impact of US Government Regulation on Tether: Insights from Paolo Ardoino
As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and working closely with law enforcement. However, he acknowledged that Tether...
Navigating Short-term Bitcoin Investing: How to Avoid Panic Selling
Short-term Bitcoin investors are currently facing challenges as the average price for short-term holders stands at $64,860. This could lead to panic selling if there is another significant sell-off in the market. The latest...
SEC Seeks to Deny Coinbase’s Subpoena Request in NY Court
The U.S. Securities and Exchange Commission has raised concerns about Coinbase's extensive subpoena requests targeting agency Chair Gary Gensler's records. The SEC accused Coinbase of overreaching in its attempts to gather information related to...
Bitcoin Price Prediction: VanEck CEO Predicts $350k Target Amid Regulatory Quantitative Easing
VanEck CEO, Jan Van Eck, recently shared his optimistic prediction that Bitcoin could potentially reach $350,000 per coin as central banks engage in quantitative easing. This positive outlook stems from the belief that Bitcoin...
Kamala Harris’ Crypto Stance Unlikely to Sway Voters, Says Bernstein
Vice President Kamala Harris has recently been making efforts to connect with the crypto industry, but analysts at Bernstein believe that her actions may not be enough to sway voters in the upcoming US...
Biden’s Proposed Bitcoin Mining Tax Criticized by Lummis
Senator Cynthia Lummis of Wyoming has strongly criticized President Biden's proposed 30% tax on Bitcoin miners, calling it a "dangerous scheme" and an "attack on innovation." She believes that such a high tax rate...
