Day: November 30, 2022

Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda – Regulation Bitcoin News

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According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree on the standards to protect digital asset investors. Commission to Promote ‘Sensible Digital Assets’ The Nigerian Securities and Exchange Commission (NSEC) said it will only include cryptocurrencies in its digital assets agenda when regulators finally agree on the standards to protect investors. The commission added that cryptocurrencies…

Chamber of Deputies Approves Brazilian Crypto Bill

The bill is now set to become law once signed by the President. The long wait is finally over, as the Chamber of Deputies gave a nod of approval to a Brazilian crypto bill seeking to regulate the country’s crypto space. The move follows after the bill remained stuck in the chamber since April when the Senate initially approved it. According to a Reuters report, backing the bill was important to Congress as it will help to keep the crypto industry sanitized. Brazilian Crypto Bill Aims to Protect Investors The…

Gemini gets regulatory greenlight in Italy, Greece amid lending halt

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Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30. The crypto exchange has also received registration as a custodial wallet provider and provider of virtual currency exchange with Greece’s Hellenic Capital Markets Commission (HCMC). According to official data, the OAM registration was issued on Nov. 3, while the HCMC granted its approval to Gemini on Nov. 7.…

Football Fever Is Infecting DeFi Project With Excitement – Press release Bitcoin News

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press release PRESS RELEASE. Doha, Qatar: For the next couple of weeks, over a billion people are glued to the TV every day watching players of their favorite team working brilliantly together to win the ultimate prize. What’s really different this time around is how much crypto plays a role in football, with team fan tokens and NFT collections released by football stars like Christiano Ronaldo as prominent examples. And now, leading communities in crypto are joining football fever and even using it as an opportunity to bring crypto to…

Binance Market Share Allegedly Hits 77%; Criticism Grows

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It is no secret that Binance benefits from FTX’s insolvency. After the second largest exchange in the world went belly up, other exchanges had to divide FTX’s market share among themselves. And that Binance is one of the biggest winners now seems to be confirmed by recent data. The Block claims that Binance now has a 75% market share on the spot market, 8.5 times more than the second Coinbase. 🚨Binance now represents 75% of all exchange volume, and almost 8.5x that of the second (Coinbase) Good or bad for…

BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’

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Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: $17,500 monthly close “most bullish outcome” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating. Highs of $17,072 appeared on Bitstamp, with the pair nonetheless unable to flip the highs to support. At the time of writing, Bitcoin hovered around $16,900. $17,000 marks a key range for bulls to reclaim, Cointelegraph reported the day prior, and until this happens,…