The U.S. Securities and Exchange Commission chair has announced that all virtual crypto assets should be treated as securities except BTC. The Securities and Exchange Commission chairman disclosed to the New York Magazine that initiatives are securities since there’s a community in the middle and the public expects benefits based on that community. This action … Read more
Concerns on Misuse of Crypto in Fraudulent Activities India’s Advocacy for Cryptocurrency Regulations Need for Stringent Measures as Russia Already Dodges Set Limits in Crypto Concerns on Misuse of Crypto in Fraudulent Activities The U.S. Secretary of the Treasury, Janet Yellen, has expressed her concern about the misuse of crypto in illegal activity and the … Read more
The new Indian digital currency, the digital rupee, is a new method of using funds slightly similar to the paper money issued by banks currently in circulation. The only difference is that the new form of currency is expected to be utilized more often and exchanged digitally. The Central Bank Digital Currency is upheld as … Read more
Latest initiatives in the virtual asset atmosphere have indicated that the industry is in dire need of a fully transparent virtual asset atmosphere, which is what the group behind the Fi protocol is working relentlessly to establish. Fi protocol is a virtual asset initiative and community incubator emphasizing transparency and security. It consolidates various independent … Read more
A major asset exchange founded in China, Huobi, has announced its strategy to acquire regulatory confirmation in Hong Kong to offer crypto services in the unique Chinese financial zone. The announcement came just after the local Securities & Futures Commission purported that it is including changes in its present guidelines enabling retail customers to transact … Read more
World’s top 5 Bitcoin Adopters A recent study by cryptobetting.org has found that the United States is the country with the highest level of interest in Bitcoin worldwide. The study considered the number of Google searches for Bitcoin, data on cryptocurrency holdings, and the number of Bitcoin ATMs per 100,000 persons in each country. The … Read more
The previous year has been disastrous for the crypto-based industries and the virtual asset market; however, this year could be prosperous for the crypto ecosystem. Several major signs, plus the shifting macroeconomic environment, indicate that crypto is headed toward a bullish year. In January 2020, the virtual digital asset markets regained a market cap of … Read more
Financial industry policy experts and professionals have seen the significance of guidelines in securing investors and users and avoiding financial misconduct. It has become a popular occurrence that the robust extending digital industry needs more governance. While some proclaim that virtual digital assets’ anonymous and decentralized nature is a liquidation point, the worst thing is … Read more
According to the recent verdict by a New York court judge foreseeing the criminal case of the former FTX co-founder, Sam Bankman Fried, the two lawsuits, filed by the major financial regulators in the United States, the SEC and CFTC have been put on hold until completion of the case proceedings. The former FTX co-founder … Read more
The chief executive officer of the crypto industry has requested the Financial Conduct Authority to re-evaluate its ban on crypto derivatives for retail users. In addition, the chairman of the ETC group, Bradley Duke, announced that the United Kingdom slows other European markets that have not placed restrictions on the industry. ETC groups offer virtual … Read more
