U.S. officials are examining possible #insider trading and market #manipulation at #Binance, @Bloomberg News reported on Friday, potentially adding more heat to the #cryptocurrency exchange that has become a target of regulatory scrutiny in many countries. #Bitcoin
Tag: cryptocurrency
Singapore bank DBS charts ambitious plans for digital exchange
#Singapore’s #DBS Group expects to double the number of members on its new platform for #cryptocurrency trading to 1,000 by end-December and grow this by 20-30% annually for the next three years as digital #tokens #gain acceptability. #Bitcoin #Btc
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in #Brazil
#Visa, the #multinational #payments giant, has announced it is planning to bring #cryptocurrency services to traditional banking platforms in Brazil.
First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country’s BTC Stash Grows
First Day of Bitcoin as #Legal Tender: El Salvador Buys the Dip, Country’s #BTC Stash Grows
#Bitcoin is now legal tender in #ElSalvador, and the country’s #bitcoin stash has grown to 550 coins. The Salvadoran #government started buying the #cryptocurrency.
Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’
Central #Bank of Brazil Director States #Government Will Know ‘Everything You Have in #Bitcoin’
Mauricio Moura, a current director of the Central Bank of #Brazil, stated that anonymity won’t be a choice when making #cryptocurrency transactions in the country.
Ukrainian Parliament Passes Law Legalizing Cryptocurrency – BeInCrypto
Ukrainian Parliament Passes Law Legalizing #Cryptocurrency
#Ukraine’s parliament, the Verkhovna Rada, has adopted a virtual #asset bill legalizing and regulating cryptocurrency.
Source: @BeInCrypto
European Citizens Reject EU-Imposed Crypto Regulation
European Citizens Reject #EU-Imposed #Crypto Regulation
Most European citizens reject the idea of a #cryptocurrency #regulation regime imposed by the European Union EU on its member states, according to a recent survey.
BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet
BBVA #Switzerland Launches ‘New Gen’ #Digital Account With Integrated Crypto #Wallet
Clients of #BBVA Switzerland will be able to buy, store, and trade #cryptoassets with a digital account that comes with a #cryptocurrency wallet.
JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
Global #investment bank #JPMorgan says #cryptocurrency markets are “looking frothy” as retail investors spill over from the #stock market into #cryptocurrencies and non-fungible tokens #NFTs.
Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners
Iranian Ministry of Industries Denies Power Shortages are Caused by Illegal #Crypto Miners
#Iran’s Ministry of Industries, #Mining and Trade has rejected claims blaming illegal #cryptocurrency #miners for the continuing electricity shortages in the country.
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
IRS Agent Poses as #Bitcoin #Trader Called Mr. Coins, Biden’s IRS Wants “Outflow and Inflow” #Data From Banks
Over the last few weeks, Americans have read about the U.S. Internal #Revenue Service upping its #tax enforcement to catch #cryptocurrency users who haven’t paid taxes.
Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals
Eastern #Europe Sends Over $800 Million in #Crypto to Scams in Single Year, Report Reveals
Of all #funds sent to illicit #cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new #report.
Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad
Lukashenko Urges Belarusians to #Mine #Cryptocurrency Rather Than Pick Strawberries Abroad
President Alexander #Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid #farming jobs in #Poland and #Germany.
Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset
#Korea’s #FSC Chairman Nominee Skeptical Over #Cryptocurrency as #Financial Asset
A former central bank official, nominated to head #SouthKorea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset.
Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers
Spain Prepares Registry for #Cryptocurrency Exchanges and Custody Providers
The authorities of #Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with #legal requirements to address #transparency and terrorism financing issues.