#cryptoassets
South African Crypto Exchanges Revix and Bitfund Merge With Austrian Digital Asset Platform - Two South African crypto platforms and an Austria-based digital asset platform hav... - https://news.bitcoin.com/south-african-crypto-exchanges-revix-and-bitfund-merge-with-austrian-digital-asset-platform/ #cryptosouthafrica #cryptoexchanges #cryptocurrency #cryptoassets #exchanges #crypto
FTX Gets Greenlight to Sell $873M Worth of Assets
Based on a filing made on Nov. 29 in a Delaware bankruptcy court, bankrupt crypto exchange FTX has been authorized to sell trust assets valued at around $873 million. The proceeds from the sale will be used to repay creditors affected by the exchange’s collapse in 2022. Assets amounting to $873 million will be acquired through FTX’s investments in trusts issued by crypto asset manager… https://coinxposure.com/ftx-gets-greenlight-to-sell-873m-worth-of-assets.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #FTX
KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance - KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at ... - https://news.bitcoin.com/kpmg-and-chainalysis-partner-to-enhance-crypto-fraud-detection-and-compliance/ #blockchainmonitoring #cryptocurrency #cryptoassets #chainalysis #bigfour #crypto #news #kpmg
Local Crypto Exchange Introduces New Zealand Dollar Stablecoin
A partnership between Australian blockchain development firm Labrys and New Zealand crypto exchange Easy Crypto resulted in the launch of a stablecoin pegged to the New Zealand currency. Labrys and Easy Crypto announced on November 22 that the NZDD will be regulated by the New Zealand Financial Markets Authority and backed 1:1 with cash in trust. With intentions… https://coinxposure.com/local-crypto-exchange-introduces-new-zealand-dollar-stablecoin.html?utm_source=dlvr.it&utm_medium=mastodon #Blockchains #Cryptoassets #CryptoExchange
Surging Altcoins Eclipse Bitcoin’s Gains, Sparking Buzz of an Imminent ‘Alt Season’ - Bitcoin’s value has surged by 23% against the U.S. dollar in the past month, but a... - https://news.bitcoin.com/surging-altcoins-eclipse-bitcoins-gains-sparking-buzz-of-an-imminent-alt-season/ #cryptocurrency #ethereum(eth) #cryptoassets #solana(sol) #altseason #altcoins #crypto
Modern Trends – How VR and AR are Shaping the Future of Online Poker
In the dynamic landscape of online gaming, the convergence of cutting-edge technologies has given rise to a transformative era for poker enthusiasts. Virtual Reality (VR) and Augmented Reality (AR) are not just buzzwords but pivotal forces shaping the future of online poker. As the traditional boundaries between the physical and digital realms blur,… https://coinxposure.com/modern-trends-how-vr-and-ar-are-shaping-the-future-of-online-poker.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #Cryptocurrency
Poloniex to Resume Deposits and Withdrawal Services After $100 Million Exploit: Here’s More - Source: Adobe
Cryptocurrency exchange Poloniex has announced plans to resume opera... - https://cryptonews.com/news/poloniex-to-resume-deposits-and-withdrawal-services-after-100-million-exploit-heres-more.htm #blockchainnews #cryptoassets #$100million #justinsun #poloniex
Cathie Wood Explains Gary Gensler’s Bitcoin ETF Delay
In anticipation of the U.S. SEC’s announcement regarding the approval status of 12 spot Bitcoin ETF applications, Cathie Wood of Ark Invest provides insightful snippets regarding the securities regulator’s future approach. SEC Chairman Wants to Be Treasury Secretary Cathie Wood stated on Tuesday, November 14, during an interview on CNBC’s Squawk Box that Gary Gensler’s potential… https://coinxposure.com/cathie-wood-explains-gary-genslers-bitcoin-etf-delay.html?utm_source=dlvr.it&utm_medium=mastodon #Bitcoin #Cryptoassets #CryptoNews
JPMorgan Expects $10 Billion Daily Exchanges With JPM Coin
JPM Coin, the digital token of JPMorgan Chase & Co., is anticipated to facilitate daily transactions worth up to $10 billion within the next one to two years, according to Umar Farooq, the bank’s Global Head of Financial Institutions Payments. JPM Coin Transactions Are Expanding Farooq anticipates a substantial increase in transactions of five to ten times within this period,… https://coinxposure.com/jpmorgan-expects-10-billion-daily-exchanges-with-jpm-coin.html?utm_source=dlvr.it&utm_medium=mastodon #Blockchains #Cryptoassets #News
[Breaking News] 48 nations unite to crack down on using crypto assets to avoid taxes, because apparently evading cat taxes is frowned upon too. 🙀💸 #CryptoAssets #TaxEvasion #PurrOverYourFinances
9% of French Adults Now Invested in Crypto Assets, AMF Survey Reveals - Amidst the global wave of new retail investment, France’s Autorité des Marchés Fin... - https://news.bitcoin.com/9-of-french-adults-now-invested-in-crypto-assets-amf-survey-reveals/ #frenchinvestors #cryptocurrency #cryptoassets #crypto #france #french #news #amf
IT Pros in Australian Crypto Need to Brace for Regulation – Source: www.techrepublic.com https://ciso2ciso.com/it-pros-in-australian-crypto-need-to-brace-for-regulation-source-www-techrepublic-com/ #rssfeedpostgeneratorecho #SecurityonTechRepublic #SecurityTechRepublic #financialtechnology #CyberSecurityNews #cryptoregulation #cryptocurrency #digitalassets #International #cryptoassets #Blockchain #Innovation #Australia #Security #fintech #Crypto #CXO
Smart Contract Platform Tokens Command 26% of Crypto Economy Amidst Market Gains - It’s been a strong week for smart contract platform tokens, with the top ten perfo... - https://news.bitcoin.com/smart-contract-platform-tokens-command-26-of-crypto-economy-amidst-market-gains/ #smartcontractcryptos #smartcontracttokens #marketsandprices #cryptocurrency #ethereum(eth) #cryptoassets #solana(sol) #crypto
Ripple Q3 Report Displays 5% Exchange Growth
Ripple, best known for its cryptocurrency XRP, has released its much-anticipated quarterly report. The report, published on October 31, focuses on significant highlights of transactions and trades during the third quarter of 2023 and details several metrics. While there are significant aspects of the Q3 XRP report, the 5% increase in the US Trade Exchange captivated the crypto… https://coinxposure.com/ripple-q3-report-displays-5-exchange-growth.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #Ripple
Turkey’s New Crypto Regulations to Lift FATF Gray List Status
According to reports, Turkey is working on new regulations to control cryptocurrency assets in an attempt to persuade the Financial Action Task Force (FATF), a global body tasked with addressing financial crimes, to take it off of a “gray list” of countries that have not gone far enough in curbing the funding of terrorism and money laundering. In 2021, the… https://coinxposure.com/turkeys-new-crypto-regulations-to-lift-fatf-gray-list-status.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoRegulation #Cryptocurrencies
Nigerian Fintech Startup Vella Finance Drops Crypto-Related Services - The Nigerian fintech Vella Finance recently informed users and subscribers that it... - https://news.bitcoin.com/nigerian-fintech-startup-vella-finance-drops-crypto-related-services/ #cryptocurrency #cryptonigeria #fintechafrica #cryptoafrica #cryptoassets #fintech #crypto
Hackers Steal $4.4 Million From 25 Users of Lastpass Password Management App - Digital assets worth approximately $4.4 million were reportedly stolen from more t... - https://news.bitcoin.com/hackers-steal-4-4-million-from-25-users-of-lastpass-password-management-app/ #cryptocurrency #cryptoassets #cryptohack #security #crypto
UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules - Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regardin... - https://news.bitcoin.com/uk-issues-over-200-alerts-against-crypto-firms-allegedly-breaking-promotion-rules/ #financialregulator #cryptopromotions #cryptocurrencies #cryptomarketing #cryptoassets #regulations #regulation #violations #binance #britain #british #alerts #crypto #rules #u.k. #fca #uk
Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year - A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital ... - https://news.bitcoin.com/galaxy-expects-spot-bitcoin-etf-to-push-btc-up-by-74-in-first-year/ #cryptocurrencies #cryptocurrency #spotbitcoinetf #galaxydigital #cryptoassets #bitcoinetf #btcprice #bitcoin #capital #crypto #galaxy #news #btc #etf #sec
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit - Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commod... - https://news.bitcoin.com/binance-blasts-cftc-for-trying-to-be-worlds-derivatives-police-seeks-to-dismiss-lawsuit/ #cryptoderivatives #cryptocurrencies #cryptoexchange #cryptocurrency #cryptoassets #derivatives #commission #securities #regulator #exchange #binance #futures #lawsuit #trading #crypto #legal #cftc
R to @ESMAComms: Burlat: #ESMA, beyond his legislative role, is very committed to ensuring a very harmonised application of the rules and to prevent forum shopping strategies.
Cryptos remains risky products and investors should be extra vigilant when trading in #CryptoAssets.
📸 @FranceFintech
🐦🔗: https://nitter.cz/ESMAComms/status/1717211615861276870#m
[2023-10-25 16:08 UTC]
Non-custodial trading using #DiFi technology means you don't need to trust a third party with your assets. You maintain full control and protect your investments. #CryptoAssets #divaexchange
People’s Bank of China Governor Vows to Curb Crypto Speculation - The new governor of China’s central bank has promised to stop speculation associat... - https://news.bitcoin.com/peoples-bank-of-china-governor-vows-to-curb-crypto-speculation/ #monetaryauthority #cryptoactivities #cryptocurrencies #cryptocurrency #cryptoassets #pangongsheng #centralbank #peoplesbank #speculation #regulation #governor #chinese #crypto #report #china
Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products - The securities regulator and the central banking institution of Hong Kong have upd... - https://news.bitcoin.com/hong-kong-regulators-restrict-retail-investor-access-to-complex-crypto-products/ #securitiesregulator #investorprotection #cryptoregulations #monetaryauthority #cryptocurrencies #cryptoproducts #cryptoservices #cryptocurrency #virtualassets #cryptoassets #cryptopolicy #centralbank #regulation
Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub - U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory ... - https://news.bitcoin.com/crypto-exchange-coinbase-chooses-ireland-as-eu-mica-hub/ #cryptolegislation #cryptoregulation #cryptoexchange #cryptocurrency #cryptoassets #exchanges #cryptohub #cryptolaw #coinbase #ireland
Fidelity Submits Updated Spot Bitcoin ETF Application - Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund... - https://news.bitcoin.com/fidelity-submits-updated-spot-bitcoin-etf-application/ #cryptocurrencies #etfapplications #cryptocurrency #etfapplication #assetmanager #cryptoassets #bitcoinetfs #bitcoinetf #securities #regulator #fidelity #bitcoin #crypto #funds #news #etfs #etf #sec
Swiss Bank Offers Clients Crypto Lending Product - Swiss online bank Dukascopy has introduced a new lending product that enables cust... - https://news.bitcoin.com/swiss-bank-offers-clients-crypto-lending-product/ #cryptocurrencies #cryptoborrowing #cryptocurrency #cryptolending #dukascopybank #cryptoassets #switzerland #dukascopy #finance #crypto #swiss #bank
South Korea to Develop Virtual Asset Listing and Management Regulations - South Korea’s financial regulatory authorities are currently developing a new set of re... - https://coingape.com/south-korea-to-develop-virtual-asset-listing/ #24/7cryptocurrencynews #southkoreafsc #cryptoassets #southkorea
R to @ESMAComms: 🤔 Before buying #CryptoAssets, ask yourself:
• can I afford to lose all my money?
• ready to take on high risks?
• do I understand the features of the crypto-asset or related products?
• are the firms/parties I am dealing with reputable?
🐦🔗: https://nitter.cz/ESMAComms/status/1714227826499428680#m
[2023-10-17 10:32 UTC]
SEC Approves iShares Bitcoin ETF Subject to Review
Bitcoin’s value rose above $30,000 in response to this announcement, indicating a favorable market reaction to the prospective introduction of this new investment vehicle. However, the authenticity of this news remains unconfirmed, causing the crypto community to exercise some caution. Eleanor Terrett, a spokesperson for Blackrock, verified that the company was contacted and that… https://coinxposure.com/sec-approves-ishares-bitcoin-etf-subject-to-review.html?utm_source=dlvr.it&utm_medium=mastodon #Bitcoin #BitcoinNews #Cryptoassets
South Korea Exchange Upbit Receives Initial Singapore License
Upbit, South Korea’s largest exchange by volume, has been granted preliminary approval for a Major Payment Institution (MPI) license in Singapore. Upbit Singapore announced on October 16 that the Monetary Authority of Singapore (MAS) approved its application for an in-principle license, enabling it to continue providing digital payment token services to institutional… https://coinxposure.com/south-korea-exchange-upbit-receives-initial-singapore-license.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #Business
Australia Introduces Crypto Exchange License Requirements
The Australian government is in the process of instituting new regulations to promote the expansion of digital assets and ensure consumer safety. Therefore, the Australian Securities and Investments Commission (ASIC) must issue a license for financial services to all crypto exchanges operating within the country. Australian crypto exchange license registration… https://coinxposure.com/australia-introduces-crypto-exchange-license-requirements.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #CryptoRegulation
R to @ESMAComms: 👩💻 Panel 2 discusses the scope of EU’s Markets in #CryptoAssets Regulation #MiCA and the features aimed at protecting consumers. #CPD23
🔴 Watch it live → https://bit.ly/46bxcuv.
🐦🔗: https://nitter.cz/ESMAComms/status/1711318907124899921#m
[2023-10-09 09:53 UTC]
CFTC Sues Former CEO of Crypto Lender Voyager for Fraud - The U.S. Commodity Futures Trading Commission (CFTC) charged the former CEO of ban... - https://news.bitcoin.com/cftc-sues-former-ceo-of-crypto-lender-voyager-for-fraud/ #cryptocurrencies #cryptocurrency #stephenehrlich #cryptoassets #cryptolender #commodities #cryptoloans #ehrlich #futures #lawsuit #voyager #crypto #legal #fraud #cftc #ceo #ftc
Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports - Decentralized finance (defi) brings risks for investors but is yet to pose “meanin... - https://news.bitcoin.com/defi-not-a-risk-to-financial-stability-yet-eu-securities-regulator-reports/ #decentralizedfinance #securitiesregulator #financialstability #cryptocurrencies #cryptocurrency #cryptomarkets #cryptoassets #regulations #investors #finance #crypto #report #risks #defi #esma #mica #eu
Brazil Committee Recommends Indicting Binance Officials, CZ - A congressional committee in Brazil has concluded that four Binance officials, amo... - https://news.bitcoin.com/brazil-committee-recommends-indicting-binance-officials-cz/ #cryptoderivatives #cryptocurrencies #cryptoexchange #cryptocurrency #recommendation #cryptoassets #derivatives #brazilian #committee #exchange #binance #brazil #crypto #legal
State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase - A group uniting regional securities regulators in North America has backed the U.S... - https://news.bitcoin.com/state-securities-regulators-support-sec-in-lawsuit-against-crypto-exchange-coinbase/ #securitiesregulators #cryptocurrencies #cryptoexchange #cryptocurrency #cryptoassets #amicusbrief #securities #coinbase #exchange #crypto #legal #nasaa #sec
Ripple Institutional Investors are Drawn to Dubai
Despite its legal battle with the SEC, Ripple institutional investors are advancing in Dubai and the MENA region. Opening a new office at the Dubai International Financial Centre demonstrates their dedication to international expansion. Brad Garlinghouse, the CEO of Ripple, disclosed that the XRP Ledger has over 4.8 million wallets, of which 20% are from the MENA region,… https://coinxposure.com/ripple-institutional-investors-are-drawn-to-dubai.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #cryptocurrencyexchange #Ripple
Crypto Aid Israel Fundraiser to Help Victims of Hamas Assault - Members of Israel’s Web3 community have launched Crypto Aid Israel, a fundraiser i... - https://news.bitcoin.com/crypto-aid-israel-fundraiser-to-help-victims-of-hamas-assault/ #cryptocurrencies #cryptoaidisrael #cryptodonations #cryptocurrency #cryptoassets #fundraiser #cryptoaid #assault #israeli #victims #attack #crypto #israel #hamas #news #fund #web3 #war
2 days ago, new cryptoasset rules came into play in the U.K. centred around promotion of cryptoassets. https://www.fca.org.uk/publication/policy/ps23-6.pdf
Back in September it was noted that industry has not been very good at getting ready to implement them. https://www.fca.org.uk/publication/correspondence/firms-preparations-comply-cryptoasset-financial-promotions-regime.pdf
Suffice to say, the FCA has issued 146 alerts in 24h after the implementation of these new marketing rules. https://www.fca.org.uk/news/statements/fca-issues-146-alerts-first-24-hours-new-crypto-marketing-regime
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages - Bad actors exploited Estonia’s once liberal licensing regime for crypto companies ... - https://news.bitcoin.com/estonia-licensed-crypto-firms-blamed-for-e1-billion-in-damages/ #cryptocurrencies #cryptocurrency #cryptoassets #registration #regulations #estonian #banking #estonia #license #russian #ukraine #crypto #russia #banks #rules #news #aml #war
Binance Announces UK Domain Compliant With New Crypto Promotion Rules - Crypto trading giant Binance has launched a new domain for U.K. customers under Br... - https://news.bitcoin.com/binance-announces-uk-domain-compliant-with-new-crypto-promotion-rules/ #cryptoexchange #cryptoproducts #cryptoservices #cryptotraders #cryptotrading #cryptoassets #advertising #regulations #exchanges #marketing #promotion #exchange #binance #rules #u.k.
SEC Seeks Rejection of Coinbase’s Pushback Against Its Lawsuit - The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coin... - https://news.bitcoin.com/sec-seeks-rejection-of-coinbases-pushback-against-its-lawsuit/ #cryptocurrencies #cryptoexchange #digitalassets #digitaltokens #cryptoassets #securities #regulator #coinbase #exchange #binance #lawsuit #ripple #tokens #legal #u.s. #sec
#ChaseBank UK to ban #crypto transactions due to increased #fraud risks | #UKbased #JPMorganChase customers to no longer be able to purchase #CryptoAssets on bank issued #DebitCard or transfer money to a #cryptocreep from a Chase account
https://www.reuters.com/technology/jpmorgans-uk-bank-chase-ban-crypto-transactions-2023-09-26/
Court Approves BlockFi Customer Repayment Plan
During a hearing held on September 26, the court’s decision represents a significant milestone in the company’s winding-down process. It potentially enables customers to recover a portion of their investments by year-end. During the same hearing, Bankruptcy Judge Michael A. Kaplan approved the company’s third amended Chapter 11 plan. This plan, which has the support of a committee… https://coinxposure.com/court-approves-blockfi-customer-repayment-plan.html?utm_source=dlvr.it&utm_medium=mastodon #Bitcoin #Cryptoassets #CryptoNews
JPEX Scandal Highlights New Regulatory Issues in Hong Kong
Joseph Lam’s recent arrest and the closure of JPEX, an unlicensed Hong Kong cryptocurrency exchange, have sent ripples to the cryptocurrency community. Lam, a social media influencer with a substantial following, was one of 11 people arrested in connection with an alleged HK$1.5 billion ($192 million) fraud scheme involving JPEX. Four months after the… https://coinxposure.com/jpex-scandal-highlights-new-regulatory-issues-in-hong-kong.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #Cryptocurrency #CryptoRegulation
SEC Chair Gary Gensler Maintains, Crypto Industry is a Sham
Gensler maintains his conviction that the vast majority of cryptocurrencies and crypto-related businesses fall under the jurisdiction of federal securities laws. The upcoming hearing, titled ‘Oversight of the Securities and Exchange Commission,’ will be broadcast live on September 27, 2023, at 10:00 a.m. Eastern Standard Time. Gary Gensler, chairman of the Securities and… https://coinxposure.com/sec-chair-gary-gensler-maintains-crypto-industry-is-a-sham.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #SEC #CryptoRegulation
XRP Community Controversy: Armstrong’s $80 Million Portfolio
Recent reports indicate that Ben Armstrong’s XRP portfolio contains at least $80 million. The report asserted that despite Armstrong’s considerable XRP holdings, he solicited contributions from the XRP community to fund his legal defense. Armstrong observed, “This is hilarious,” in response to the claim. He proceeded to give a comprehensive account of the situation.… https://coinxposure.com/xrp-community-controversy-armstrongs-80-million-portfolio.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #Ripple #BenArmstrong
Client Demand and ‘Negative Events’ Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer - Growing client demand for cryptocurrencies and the belief that they represent a ne... - https://news.bitcoin.com/client-demand-and-negative-events-pushing-tradfi-institutions-towards-crypto-bitrue-chief-strategy-officer/ #decentralizedfinance #cryptoexposure #cryptocurrency #cryptoassets #cryptomarket #ftxcollapse #finance #bitrue #crypto
[Korean Enterprises: A Deep Dive into their Cryptocurrency Holdings]
🚀 We're all feeling the pain when it comes to the cryptocurrency market nowadays. However, there are big players who are "buying the dip." That's Korean companies. Which companies are doing it and why?
🐯 Full report link: https://www.linkedin.com/company/82624376/admin/feed/posts/
#korea #cryptocurrency #crypto #cryptoassets #cryptomarket
Economic Indicators and Their Impact on Alternative Asset Classes
Economic indicators serve as the pulse of a nation’s economic health, providing crucial insights into its current and prospects. These indicators, ranging from GDP and inflation rates to employment figures and interest rates, are closely monitored by investors and policymakers. However, their significance extends beyond traditional financial markets, reaching… https://coinxposure.com/economic-indicators-and-their-impact-on-alternative-asset-classes.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #CryptoTrading
Cryptocurrencies’ legal status remains unclear. However, some regulations and court judgments shed some light on this issue. They tell us that:
▪ You cannot use cryptocurrencies in payments;
▪ If you are trading cryptocurrencies, you are an investor;
▪ Cryptocurrencies you hold are part of your assets; and
▪ As a cryptocurrency holder, you bear all the risks.
#cryptocurrencies #cryptoassets #payments #paymentservices #cryptocurrencytrading #consumers #investors #assets #estate
South Koreans Report Over $98 Billion in Overseas Crypto Assets - South Korean tax payers have declared some 131 trillion won (more than $98 billion... - https://news.bitcoin.com/south-koreans-report-over-98-billion-in-overseas-crypto-assets/ #cryptocurrencies #overseasaccounts #taxdeclarations #cryptocurrency #cryptoassets #southkoreans #southkorean #southkorea #taxpayers #accounts #crypto #taxes #tax
SEC Denied Immediate Access to Binance US Infrastructure - In a setback for the government, a federal judge rejected a request by the U.S. se... - https://news.bitcoin.com/sec-denied-immediate-access-to-binance-us-infrastructure/ #cryptoexchange #cryptoassets #binance.us #securities #regulator #exchange #software #binance #lawsuit #legal #sec
CoinEx Cyberattack Tied To North Korea-Funded Hackers
In a recent disclosure, 23pds, the Chief Information Security Officer at SlowMist, a distinguished blockchain security company, accused North Korean state-sponsored hackers of masterminding a substantial $55 million theft on the worldwide cryptocurrency exchange CoinEx. The breach, which caused significant shock within the cryptocurrency community, transpired on September 12. During… https://coinxposure.com/coinex-cyberattack-tied-to-north-korea-funded-hackers.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoScams #News
FTX Restores Full Access to Claims Portal After Cybersecurity Breach - The portal allowing FTX customers to file claims with the bankrupt cryptocurrency ... - https://news.bitcoin.com/ftx-restores-full-access-to-claims-portal-after-cybersecurity-breach/ #cryptocurrencies #cryptoexchange #cryptocurrency #cybersecurity #claimsportal #cryptoassets #exchanges #claimants #exchange #incident #breach #claims #crypto #kroll #ftx
The Future of Payments – Will Cryptocurrency Replace Cash?
The future of payments is a topic of significant intrigue and speculation in our rapidly evolving digital world. As we witness the decline of traditional cash transactions and the ascent of cryptocurrencies, questions abound regarding whether these digital assets will ultimately supplant physical cash. This exploration delves into the potential transformation of… https://coinxposure.com/the-future-of-payments-will-cryptocurrency-replace-cash.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #Cryptocurrency
Crypto Regulations – A Comparative Study of Different Countries
The world of cryptocurrencies has ushered in a transformative era of finance and technology, but its uncharted territory has necessitated the implementation of regulations to ensure security, stability, and legal compliance. “Crypto Regulations – A Comparative Study of Different Countries” delves into this intricate realm, providing an insightful… https://coinxposure.com/crypto-regulations-a-comparative-study-of-different-countries.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #Cryptocurrency #cryptocurrencyexchange
Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market - The Finance Ministry in Moscow is pushing to legalize decentralized financial orga... - https://news.bitcoin.com/russia-considers-legalizing-defi-daos-to-draw-liquidity-to-its-digital-assets-market/ #cryptocurrency #cryptoassets #russiacrypto #crypto #defi #dao
US Senator Supports Crypto Transparency & Investor Protection
Senator Sherrod Brown, chairman of the Senate Banking Committee, has urged regulatory authorities to use their authority to foster crypto market transparency and safeguard investors. In actively shaping the future of crypto legislation, Senator Brown, a Democrat representing Ohio, holds a crucial role, and his message is finding resonance among federal agencies responsible… https://coinxposure.com/us-senator-supports-crypto-transparency-investor-protection.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #Cryptocurrency #SEC
OKX Builds Long-Term Sports Sponsorships in Crypto Sector
OKX, a cryptocurrency exchange, is actively pursing long-term partnerships within the realm of sports advertising in an effort to distinguish itself from other cryptocurrency entities by establishing a lasting impact. In an interview with The Block, OKX’s global chief marketing officer, Haider Rafique, reaffirmed his company’s commitment to its five-year partnership… https://coinxposure.com/en/okx-builds-long-term-sports-sponsorships-in-crypto-sector.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #Cryptocurrency
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US - Asset manager Franklin Templeton has joined the race to issue America’s first exch... - https://news.bitcoin.com/franklin-templeton-seeks-to-offer-spot-bitcoin-etf-in-us/ #securitiesregulator #franklintempleton #cryptocurrencies #cryptocurrency #spotbitcoinetf #cryptoassets #application #bitcoinetf #securities #blackrock #grayscale #franklin #bitcoin #crypto #filing #news #u.s. #btc #etf #sec
FTX Adjusts Asset Sale Plan to Address US Government Concerns
In response to concerns raised by the U.S. Department of Justice’s bankruptcy administrator, FTX has revised its plan to sell crypto assets worth billions of dollars. Initially, the trustee opposed FTX’s proposals, asserting that any intention to sell Bitcoin or Ethereum should be widely known to allow for consideration of objections. As part of resolving the… https://coinxposure.com/en/ftx-adjusts-asset-sale-plan-to-address-us-government-concerns.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #CryptoNews
SEC Lawsuit Continues Ripple To Hire 80% Outside US
Over 80% of Ripple Labs Inc.’s hiring this year will occur outside the United States as the company shifts its focus internationally. The decision comes as the crypto payments company continues to combat the U.S. Securities and Exchange Commission (SEC) in court. According to Bloomberg, Brad Garlinghouse, CEO of Ripple, stated that various overseas jurisdictions, including… https://coinxposure.com/en/sec-lawsuit-continues-ripple-to-hire-80-outside-us.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #CryptoNews
21co Unwraps New Suite of Wrapped Cryptocurrencies - 21.co, the parent company of crypto exchange-traded products provider 21shares, ha... - https://news.bitcoin.com/21co-unwraps-new-suite-of-wrapped-cryptocurrencies/ #institutional-grade #blockchainnetworks #traditionalfinance #interoperability #assetmanagement #cryptoexchange #cryptofinance #wrappedtokens #cryptoassets #digitalasset #indexfund #liquidity #bridging #security #21.co #news #defi
Suspected $28 Million Coinex Hot Wallet Hack Emerges - Numerous reports have surfaced, pointing to a potential security breach in Coinex’... - https://news.bitcoin.com/suspected-28-million-coinex-hot-wallet-hack-emerges/ #blockchainsecurity #cryptocurrency #securitybreach #dataanalytics #investigation #reportscoinex #unprecedented #cryptoassets #viabtcgroup #$28million #peckshield #haipoyang #hotwallet #suspected #outflow #coinex #news #hack
Luno Crypto Exchange Stifles Investments Ahead of Regulation
Luno, a renowned UK cryptocurrency exchange, will temporarily restrict certain customers’ cryptocurrency investments starting October 6. This move is highly congruent with the impending execution of new regulations regarding promoting cryptocurrencies by the Financial Conduct Authority (FCA) of the United Kingdom, which are scheduled to go into effect on… https://coinxposure.com/en/luno-crypto-exchange-stifles-investments-ahead-of-regulation.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #CryptoRegulation
Recent Sell-Offs Cause Losses for Arbitrum Whales
According to on-chain data, Jump Trading, Wintermute Trading, and Abraxas Capital made massive transfers of BTC, Arbitrum (ARB), and ETH to crypto exchanges during the crypto market decline. Seven significant cryptocurrency whales sold 20.41 million ARB tokens (equivalent to $16.05 million) in the last thirty hours, resulting in a loss of $8.15 million and a decline of 33.67 percent,… https://coinxposure.com/en/recent-sell-offs-cause-losses-for-arbitrum-whales.html?utm_source=dlvr.it&utm_medium=mastodon #Bitcoin #Cryptoassets #CryptoNews
BNB Faces Resistance at $220 as Altcoin Corrects Upwards
The altcoin has attained a high of $218.80, but this level is rejected. The purchasers are struggling to maintain the price above $220. The resistance at $220 was the previously broken support. The support is currently a hindrance. If the BNB price surpasses the $220 threshold, it will advance above the moving average lines or the $240 high. The uptrend will persist until $260 is… https://coinxposure.com/en/bnb-faces-resistance-at-220-as-altcoin-corrects-upwards.html?utm_source=dlvr.it&utm_medium=mastodon #Binance #Cryptoassets #Altcoin
Coinbase Launches Crypto Lending Service for Institutional Investors - Digital asset exchange Coinbase will be offering cryptocurrency loans to instituti... - https://news.bitcoin.com/coinbase-launches-crypto-lending-service-for-institutional-investors/ #cryptocurrencyexchange #institutionalinvestors #coinbasecredit #cryptoexchange #cryptocurrency #lendingservice #bankruptcies #cryptoassets #institutions #cryptoloans #exchanges #collapses #investors #coinbase #exchange #blockfi #celsius
FASB Introduces Revolutionary 2025 Crypto Accounting Standards
These regulations, set to take effect in 2025, will offer businesses more precise guidance on managing crypto assets. Under these new regulations, companies holding or investing in cryptocurrencies will have to disclose their holdings at fair market value. This shift in accounting practices is expected to impact the earnings of companies like MicroStrategy, one of… https://coinxposure.com/fasb-introduces-revolutionary-2025-crypto-accounting-standards.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoNews #Cryptocurrency
Arkham Intelligence Identifies Grayscale’s $16 Billion Onchain Bitcoin Holdings - Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its fi... - https://news.bitcoin.com/arkham-intelligence-identifies-grayscales-16-billion-onchain-bitcoin-holdings/ #second-largestholder #arkhamintelligence #arkhamgrayscale #cryptoanalytics #proofofreserve #cryptoassets #marketvalues #addresses #chainlink #grayscale #coinbase #ethereum #holdings #platform #reserves #altcoin #assets
South Korea Seeks to Freeze North’s Crypto Assets Under New Law - The government in Seoul intends to submit new legislation tailored to facilitate t... - https://news.bitcoin.com/south-korea-seeks-to-freeze-norths-crypto-assets-under-new-law/ #cryptocurrencies #weaponsprograms #cryptocurrency #cryptoassets #intelligence #legislation #southkorean #southkorea #pyongyang #freezing #tracking #hackers #hacking #crypto #korean #korea #seoul #news #bill #law
GateIO Receives 15,000 ETH From Unknown Wallet
The identities of both the sender and the recipient are presently unknown, and the transfer is attracting attention and speculation within the cryptocurrency community. This transfer coincides with a period of pronounced market volatility, particularly to ETH, Ethereum’s native cryptocurrency. ETH’s value has recently fluctuated considerably, surging to record highs before… https://coinxposure.com/gateio-receives-15000-eth-from-unknown-wallet.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoExchange #CryptoNews
Japan Nearing Comprehensive Cryptocurrency Tax Reform
According to the FSA document, The proposed reform has been approved by the Ministry of Economy, Trade, and Industry. The unique taxation framework for crypto assets, also known as virtual currency, necessitates changing corporate tax regulations. The persistent concern of urging the government to continually evaluate the imposition of year-end mark-to-market taxation on “crypto… https://coinxposure.com/japan-nearing-comprehensive-cryptocurrency-tax-reform.html?utm_source=dlvr.it&utm_medium=mastodon #Cryptoassets #CryptoNews #News
South Korean Politician Quits Party Over Crypto Scandal - A member of the South Korean parliament is leaving his party amid mounting allegat... - https://news.bitcoin.com/south-korean-politician-quits-party-over-crypto-scandal/ #cryptoinvestments #cryptocurrencies #cryptoholdings #cryptocurrency #investigation #cryptoassets #controversy #resignation #southkorean #kimnam-kuk #politician #southkorea #lawmaker #scandal #crypto #korean #coins #korea #party #wemix #news #kim
Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens - Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool ... - https://news.bitcoin.com/coinbase-tries-ai-assistant-chatgpt-for-pre-listing-risk-assessment-of-tokens/ #artificialintelligence #cryptocurrencies #cryptoexchange #cryptocurrency #riskassessment #cryptoassets #aiassistant #exchanges #coinbase #exchange #security #binance #toolsai #crypto #tokens #risks #token #risk
Bermuda Monetary Authority (Authority or BMA) clarifies the accounting treatment for digital assets stored or maintained by Digital Asset Businesses on behalf of their customers, January 27, 2023
— Available here: https://www.bma.bm/viewPDF/documents/2023-01-27-13-47-05-Notice---Accounting-Treatment-Client-Digital-Assets.pdf
#cryptoassets #digitalassets #digitalwallet #custody #regulation #accounting #internalcontrols #financialaccounting #governance #riskmanagement #audit #financialservices #banking #payments #Bermuda
Adrienne A. Harris, Superintendent of Financial Services [New York State], Guidance on Custodial Structures for Customer Protection in the Event of Insolvency, January 23, 2023.
— Available here: https://www.dfs.ny.gov/industry_guidance/industry_letters/il20230123_guidance_custodial_structures
#cryptoassets #stablecoin #digitalassets #virtualcurrency #regulation #custody #banking #financialservices #NYDFS #NewYork
In my day job, I’m a lifetime planning solicitor. I’ve got an interest in #DigitalAssets - basically, what happens to your files, online accounts, #CryptoAssets etc if you die or lose capacity - and I’ve written a book on the law in this area (https://tinyurl.com/TheDigitalEstate).
Beyond that, I also write fiction (www.malkovari.com, currently #Fantasy), enjoy learning new things (currently #French), and love reading, walking and games (mainly #RPG). I’m left-wing in my views. #Introduction
I honestly hate that we as a society decided the short name for #CryptoCurrencies and #CryptoAssets will be "crypto", rather than the much more appropriate word: "scams"