▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Day 3 of #GBC22 in #Dubai features discussions on regulatory compliance for digital assets, tokenization of assets and securities on the #blockchain, building on blockchain tech, and block reward mining. #Bitcoin creator Dr. Craig returns to stage discussing cloud security, overlays, and blockchain. ► Hit #Subscribe & #HitTheBell so you don’t miss out on any new videos! ———————————————————————————– ► Our Links: Facebook ► Twitter ► Instagram ► LinkedIn ► Telegram ► Web ► ——————————————————————————— CoinGeek is the authority on blockchain technology, with…
Month: June 2022
EU officials reach agreement on AML authority for supervising crypto firms
The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto asset service providers, or CASPs. In a Wednesday announcement, the council said it had agreed on a partial position of a proposal to launch a dedicated Anti-Money Laundering Authority, or AMLA. According to the regulatory body, the AML body will have the authority to supervise “high-risk and cross-border financial entities” including crypto firms — “if they are considered risky.” European Parliament member Ondřej Kovařík said EU officials had…
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners – Regulation Bitcoin News
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to register with the government and use renewable energy. Uzbekistan Discusses Draft Regulations for Crypto Mining Sector Entities involved in cryptocurrency mining will need to register and renew their certificate every year, according to a draft decree by the director of Uzbekistan’s National Agency for Perspective Projects. NAPP is the country’s main crypto watchdog, which is directly subordinated to…
Meet ‘Frequency,’ Polkadot’s New Decentralized Social Media Parachain
The team behind Project Liberty’s Decentralized Social Network Protocol announced the newly named parachain at Polkadot Decoded. Source
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator
The FCA hosted its first two day CryptoSprint in May which gathered industry experts from the U.K. and beyond its borders to hear their thoughts on how the industry should be regulated. Some expressed that DeFi should not be regulated. Source
FCA Says the Crypto Industry Doesn’t Want Them to regulate DeFi
According to the report, some participants in the room thought that DeFi, which describes a range of blockchain-powered financial applications designed to cut out intermediaries and centralized institutions such as banks, should not be regulated due to the philosophical ambitions behind its creation. Original Source CryptoDeFidoesntFCAindustryRegulate CryptoX Portal
Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day
Bitcoin (BTC) was sliding toward $20,000 on Wednesday, and the Bankless newsletter is offering traders mental health tips for surviving crypto winter. Original
Liquidate COMPLETELY…? – ETHEREUM TECHNICAL ANALYSIS – PRICE PREDICTION
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM TODAY – ETHEREUM TECHNICAL ANALYSIS – PRICE PREDICTION 5 Steps to Infinite Money Loop Methodology Follow me on Patreon – Follow me on Instagram – ETHEREUM ETH TECHNICAL ANALYSIS TODAY – ETHEREUM PRICE PREDICTION – NO BIAS JUST READING CHARTS #ETHEREUM #ETH #BTC #CARDANO #ADA #DOGECOIN #DOGE #SOLANA #SOL #ALGO #ALGORAND #AVAX #MATIC ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
US govt delays enforcement of crypto broker reporting requirements: Report
The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and crypto brokers to report additional information, could reportedly be delayed. According to a Wednesday report from Bloomberg, the United States Department of the Treasury and Internal Revenue Service may not be willing to enforce crypto brokers collecting information on certain transactions starting in January 2023, citing people familiar with the matter. The potential delay could reportedly affect billions of dollars related to capital gains taxes — the Biden administration’s budget for the…
Why the Crypto Unwind Wasn’t Contagious (This Time)
Those choices have, in turn, led to genuine financial contagion within crypto markets, including tragic rugpulls for a number of startups that had funds custodied with 3AC. More to the point, though, 3AC set the market up for a wave of forced sales of bitcoin, ether (ETH) and similar blue-chip assets, threatening not just individual companies but the entire market. Source