Tag: Activities
China's Illegal Crypto Activities Are Taking Place in Laundromats and Cafes: WSJ
Physical trading is most popular in China's inland, as places further from the coast are generally poorer so local governments are preoccupied with ot [...]
Hong Kong’s SFC Greenlights Some Tokenized Securities-Related Activities
“SFC has been assessing various proposals on tokenization of SFC-authorised investment products, for example, some for primary dealing of a tokenized [...]
Binance's Activities Are Illegal in Nigeria, Securities Regulator Says
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.
www.coindesk.com [...]
Ukraine war: UK criticised for 'lack of understanding' of Wagner's activities in Africa
A new report says that for 10 years the British government under-estimated the Russian mercenary group.
www.bbc.co.uk [...]
The UK Financial Conduct Authority Is Designing Prudential Requirements for Firms Carrying out Crypto Activities
The regulator, which is in charge of maintaining a registry of crypto firms approved for operations under the country's anti-money laundering requirem [...]
Stablecoin Issuer Circle Cuts Workers, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally
"To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a spokesperson for Circle told CoinD [...]
Ripple expands Canadian engineering activities with U of Toronto XRP validator
The University of Toronto plans to launch an independent XRP Ledger validator, Ripple announced June 12 as the university will become part of Ripple’s [...]
Belgian Crypto Lender Bit4You Suspends Activities After Service Provider Declared Insolvent
Bit4You learnt of CoinLoan's insolvency on April 24 and that it no longer has the necessary registration as a digital asset custodian.
www.coindesk.c [...]
Statement Of CFTC Commissioner Caroline D. Pham Regarding NFA Rule On Spot Digital Asset Commodity Activities
On March 29, 2023, the NFA issued Compliance Rule 2-51, Requirements for Members and Associates Engaged in Activities Involving Digital Asset Commodit [...]
U.S. Futures Watchdog Issues Compliance Rule for Crypto Activities Among Members
The Commodity Futures Trading Commission (CFTC) oversees the NFA and the wider industry, though questions remain as to the extent of its authority ove [...]
Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Circle Internet Financial’s USDC stablecoin saw almost $3 billion in net redemptions, defined as the total number of USDC burned minus the number of U [...]
Puerto Rico Extends 4% Tax Incentive to Crypto and Blockchain Activities
“A win for Puerto Rico,” said a blockchain trade association executive.
www.coindesk.com [...]
U.S. Treasury Janet Yellen calls for ‘strong regulatory framework’ for crypto activities
United States Treasury Secretary Janet Yellen stressed the importance of implementing a strong regulatory framework for cryptocurrencies during a G20 [...]
Fed policy to align bank oversight could limit crypto activities by state banks
The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to create a [...]
Sharp Rise in Revenues From Oil and Gas Activities, Lower Risk of Stranded Assets
The EU’s Energy Council agreed on a gas price cap at its 19 December meeting but finding the appropriate triggers and exact mechanics of a price cap p [...]