Amendment to UK financial services bill provides regulation for crypto activities
An amendment to the Financial Services and Markets Bill now before the United Kingdom's Parliament would extend the law’s powers to regulate financial promotion and...
Polkadot co-founder Gavin Wood steps down as CEO of Parity
The Polkadot co-founder Gavin Wood will remain as Chief Architect of Parity Technologies Ltd. Gavin Wood, the co-founder of blockchain platform Polkadot, has stepped down...
Binance gains regulatory approval to operate in Cyprus
Binance received licence to operate in Cyprus, a few weeks after it gained similar approvals in Kazakstan and New Zealand. Binance, the world’s leading cryptocurrency,...
‘Well worth the fight’ — Ripple counsel confirms Hinman docs are in their hands
San Francisco-based fintech firm Ripple has inched closer to victory in its ongoing battle with the United States Securities and Exchange Commission (SEC).On Oct. 21,...
DeFi abandons Ponzi farms for ‘real yield’ – Cointelegraph Magazine
Decentralized finance is beginning to embrace a hot new phrase: “real yield.” It refers to DeFi projects that survive purely on distributing the actual revenue...
Kraken crypto exchange is next to close doors to Russian users
Kraken is the latest cryptocurrency exchange to restrict accounts of Russian users on its platform in compliance with sanctions from the European Union.On Oct. 19,...
Russian users are welcomed by crypto exchanges in Kazakhstan, but there’s a catch
Some cryptocurrency exchanges continue onboarding Russian nationals despite the latest Western sanctions against Russia, but not without certain restrictions.In late September, Kazakhstan’s President Kassym-Jomart Tokayev...
Hacker returns 93.1% of funds stolen from Moola Market
A hacker has returned 93.1% of the funds stolen after an $8.4 million exploit on Celo-based lending protocol Moola Market on Tuesday. The attack led...
Europe moves toward regulatory action on crypto’s environmental impact, energy use
The European Union (EU) released a package of documents on Oct. 18 related to an action plan for implementing the European Green Deal and the...
Texas investigates FTX for securities violations after objecting to Voyager auction
The Texas State Securities Board (SSB) and the Texas Department of Banking (DOB) filed a supplemental declaration Oct. 14 in the Voyager Digital case in...