Month: April 2022

‘Let’s build a Europe where Web3 can flourish:’ Crypto companies sign an open letter to EU regulators

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Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal EU institutions with a call to ensure common-sense regulation, standardized compliance procedures and an innovation-friendly business environment.  An open letter on behalf of the international Web3 community and “businesses across Europe,” shared with Cointelegraph by one of the signatories, went out to EU institutions on Tuesday. The industry players expressed their concerns over some recent EU-level regulatory initiatives: “We wish to urgently convey our concern with proposed EU laws that threaten the privacy of…

Raoul Pal – Why My Bitcoin and Ethereum Predictions Failed!

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Bitcoin Bounces Back Past $40,000, But May Struggle To Maintain Position

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Bitcoin managed to recover from the $38K price zone and is now trading over the $40K mark, indicating that the bulls have made a rally against the bears. Though the largest cryptocurrency in terms of market capitalization has lost 10% in the last two weeks, BTC is gradually recovering. Bitcoin is currently trading at $41,431, according to price data website CoinGecko, after falling to roughly $38,779 on Monday. Bitcoin increased about 7% from the current month’s lows. The majority of the token’s profits come from large traders amassing more crypto…

Russian tax authority proposes using crypto as a foreign trade payment tool

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Russia’s Federal Tax Service (FTS) has joined the debate around crypto regulation in Russia with an unexpectedly blunt proposition — to let Russian companies use digital currencies as a payment method when transacting internationally. On April 20, local newspaper Izvestia reported that the FTS left its official feedback on the draft of the crypto bill prepared by the Ministry of Finance. In its remarks, the fiscal agency proposed to let Russian companies use crypto for certain operations: “To let corporate entities pay for goods and services according to foreign trade contracts…

Optimism for US Spot Bitcoin ETF Grows With Approval of Teucrium Futures Fund

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“The SEC is now not only comfortable with futures-based ETFs regulated under the 40 Act and all the investment protections there, but also futures-based ETFs regulated under the 34 and the 33 Act, the same act that these spot-based ETFs will be regulated under,” said Craig Salm, chief legal officer for Grayscale Investments, which is trying to get its Bitcoin Trust (GBTC) converted into a spot bitcoin ETF. Digital Currency Group, Grayscale’s parent company, also owns CoinDesk as an independent subsidiary. Original

FCA Names Interim Head for Digital Assets Unit

McLoughlin started her new position earlier this month, her profile shows. For the past two years she has been the financial-services regulator’s supervision manager of crypto assets and digital markets. Prior to a one-year break, she had been at the FCA for more than nine years. Source

Coinbase India Engineer Salary Revealed 🤑 SDE 1 SDE 2 SDE3 SDE 4 – salary break up 🔥 Company Review

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I am an SDE 2 at Amazon. In this video, I have given a detailed review of Coinbase. Talked about tech stack that they work in. Talked about their offices in India and abroad. The work culture and work life balance. Apart from this, here I have also discussed i detail about the different levels of Software engineer in Coinbase. Talked about the Years of experience required to crack the interviews and in general the promotion process. I have also explained in…

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets – Regulation Bitcoin News

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Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such a measure. Russian Banks Move to Curb Use of Private Cryptocurrency Wallets Challenges with foreclosure and seizure of crypto assets held by debtors and criminals have motivated the Association of Banks of Russia (ABR) to suggest introducing criminal liability for storing coins in non-custodial wallets, the organization’s Vice President Anatoly Kozlachkov…

Minting of ․Blockchain, ․VR, ․Metaverse NFT Domains Now Live on Quik․com – Sponsored Bitcoin News

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sponsored It is official! Minting of NFT domains is now live on the Quik marketplace! After months of planning and research, Quik.com has finally announced that the minting of NFT domains is now available! Now, users can mint .VR, .Metaverse, .Chain, .Doge, .Shib and .Bored NFT domains of their choice with no lifetime renewal fee! Each of the minted NFT domain names comes with a unique NFT artwork. Also, Quik plans to launch other NFT Domain TLDs such such as .BTC, .Web3 and .Address shortly. Quik is an NFT crypto…

QMALL Crypto Exchange Obtained a Regulatory License from the EU

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The Ukraine-based QMALL crypto exchange obtained a crypto license from the European Union (EU) and payment gateway. The cryptocurrency license is providing QMALL with access to European clients and businesses. Take Advantage of the Biggest Financial Event in London. QMAll was founded in 2021 by Mykola Udianskyi and Bohdan Prylepa. It is the first crypto exchange to be fully regulated by the Ukrainian Government, which has contributed to the recent EU crypto license it has received. In order to receive the EU license, QMALL registered in Lithuania under ‘UAB QMALL’.…