Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan Kazakhstan’s Senate has adopted a bill designed to regulate cryptocurrencies and related activities in the Central Asian nation. Along with additional legal documents, the new law “On Digital Assets in the Republic of Kazakhstan” creates…
Category: Exchanges
US Senator’s Resolution Encourages Capitol Gift Shops to Accept Cryptocurrency – Regulation Bitcoin News
A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He stressed that lawmakers “should increase accessibility and signal our support for the burgeoning cryptocurrency industry to those who visit Capitol Hill.” US Senator Advocates Crypto Payments U.S. Senator Ted Cruz (R-TX) announced Thursday that he has reintroduced the Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions (ACCEPT) Resolution. Cruz first introduced this resolution in November 2021. The senator from Texas said: Cryptocurrency is generating new jobs, encouraging entrepreneurs to invent…
German Stock Exchange Boerse Stuttgart’s Digital Business Gets New Boost
Boerse Stuttgart, Germany’s second largest stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a…
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
Prosecutors are investigating transactions related to a specific person or entity moving the price of the coin to make a profit, they said. They plan to examine transaction details at other exchanges where the coin is listed, according to the report. Source
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal – Exchanges Bitcoin News
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB) has imposed an administrative fine of €3,325,000 (over $3.6 million) on Coinbase Europe Limited, on Jan. 18, 2023. An announcement explained the penalty with the exchange offering crypto services in the Netherlands in a past…
U.S. Crypto Laws: Could Separating Exchange and Custody Protect Consumers?
The pragmatic (or, if you prefer, crony capitalist) crypto companies that engage with (or, if you prefer, spend boatloads to lobby) lawmakers may object to my suggestion as well. I imagine they’d balk that it would amount to a ban on centralized crypto exchanges, forcing expensive restructurings of such firms and leaving only decentralized ones operating in the U.S. Source
BitPay Partners Up With MoonPay to Increase Cryptocurrency Accessibility
Major cryptocurrency payment services provider BitPay has recently disclosed its partnership with leading Web3 infrastructure company MoonPay — in an effort to expand ways that a BitPay user can use to buy cryptocurrency in an instant and enjoy great rates. This collaboration gives BitPay customers access to more than 60 of the most well-known cryptocurrencies in the world. Buyers can choose from a variety of rates in BitPay’s exclusive marketplace experience, ensuring they get the best deal for their cryptocurrency purchases. Timely delivery to any owned wallet address and the option…
Crypto Derivatives Exchange BIT Expands Product Suit With Toncoin Options
“With a global community growing at a speed of more than 2% weekly, as well as more than 100 million transactions to date, the TON ecosystem is one of the most promising on the market,” said Andrei Grachev, managing partner at DWF Labs. “Joining the options market is a logical and important step for TON because, until now, the only coins available there were BTC and ETH. It means TON will take its place alongside crypto’s most prestigious coins.” Source
Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
Kang and two other executives – including his younger sister, Kang Ji-Yeon, the CEO of two publicly traded Bithumb affiliates, Inbiogen and Bucket Studio – were charged by the Seoul Southern District Prosecutor’s Office with embezzlement, breach of trust and fraudulent illegal transactions, according to local reports. Source
Crypto Options Exchange Deribit Plans Move to Dubai: Report
The construction-centric capital has been gunning to attract more crypto companies as it contends with a housing market slowdown that has hindered its famed real estate industry. Over the summer the emirate unveiled a metaverse initiative that aims to bring more than 1,000 blockchain and metaverse companies to the city and 40,000 virtual jobs by 2030. Source