An appeal has been submitted by the Australian Securities and Investments Commission (ASIC) against a decision made by a federal court that rejected the action that it had brought against Finder Wallet Pty Ltd and its cryptocurrency product known as “Earn”. The court had previously determined that Finder Wallet was in accordance with the laws … Continue reading ASIC Appeals Federal Court Ruling on Finder Wallet's "Earn" Product
Binance, a leading cryptocurrency exchange, has unveiled its latest update, which introduces new trading pairs and the availability of Trading Bots services on the Binance Spot platform. This move is in line with Binance’s commitment to delivering an exceptional trading experience to its users and expanding their trading options. Effective from April 19, 2024, Binance … Continue reading Binance Adds APT/USDC, GALA/USDC, NEO/USDC, OMNI/BRL, and STX/USDC Trading Pairs
The World Economic Forum (WEF) launched six different “fourth industrial revolution councils” to help regulators working on the new technology policy guidance. The new technology included artificial intelligence, autonomous mobility, blockchain, drones, internet of things and precision medicine, as revealed on 29 May. The councils gathered for the first time for the Fourth Industrial Revolution Network … Continue reading The World Economic Forum Forms Six Tech Policy Councils Including Blockchain
“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June. The discussion with FinCEN focused on the use of AI and ML technology to … Continue reading Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?
A property dispute involving Bitcoin was held in the internet court in Hangzhou, China on July 18, setting a new precedent by declaring that Bitcoin is virtual property with monetary value. According to the case of plaintiff Wu against defendants FXBTC and Taobao, it has been recognized that Bitcoin has the attributes of virtual property … Continue reading China Declares Bitcoin as Virtual Property with Monetary Value
Bitcoin’s trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019 as shown in Statista. Source: Coin.dance The data shows Bitcoin’s trading activity in P2P exchanges LocalBitcoins, Paxful and Bisq from Coin.dance. Bitcoin’s trading volume in LocalBitcoins hit a record high of 57 million bolivars on 20 July, beating the previous high of 49 … Continue reading Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation
0 0 1 223 1272 Sarah’s 10 2 1493 14.0 Normal 0 false false false EN-US JA X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:Cambria; mso-ascii-font-family:Cambria; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Cambria; mso-hansi-theme-font:minor-latin;} The Internal Revenue Service began sending warning letters out to cryptocurrency owners … Continue reading IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax
The British Financial Conduct Authority (FCA) has confirmed that they will not be regulating cryptocurrencies such as Bitcoin and Ether as it falls out of their perimeter. The FCA first issued a finalized policy statement on digital assets titled “PS19/22: Guidance on Cryptoassets”. This policy statement update is in response to the feedback received from the previous … Continue reading UK Financial Conduct Authority: We Will Not Regulate Bitcoin and Ether
The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies. The news was announced by the FINMA and described the companies involved being “pure-play blockchain service providers.” The licenses will allow the two companies to offer services for institutional and professional customers. The two crypto-based … Continue reading Swiss Regulator Issues Banking Licenses to Two Blockchain Firms
The blockchain infrastructure company running the core of the Ethereum network has delayed the planned hard fork launch until September 6th. During the dev meeting, Pooja Ranjan, founder of Etherworld presented meeting notes which suggested that, in accordance with the Parity core developer, Wei Tang, there is bound to be a two-week delay before any … Continue reading Ethereum Network Planned Hard Fork Delayed Due to Late Acceptance of EIPS