
Bybit Announces Suspension of Services to UK Customers
Singapore-based well-known cryptocurrency derivatives platform, Bybit is all set to cease operation for the customers based in the United Kingdom. The exchange notified their users on
Latest news about Bitcoin and Cryptocurrencies focused on the regulation and acceptance of the states.
The regulation of Bitcoin [BTC] and different cryptocurrencies is something that generates speculation, the new laws, decrees or sentences around virtual currencies are a current issue in governments. Their eagerness to regulate and control cryptocurrencies has led them to take action on this matter.
On Crypto-Economy we investigate and contrast the information offered to make a selection of the latest news concerning the bitcoin regulation, Altcoins or the ICOS.
Singapore-based well-known cryptocurrency derivatives platform, Bybit is all set to cease operation for the customers based in the United Kingdom. The exchange notified their users on
Anchorage Trust Company, a San Francisco-based chartered trust company, has announced its conversion to the first federally charted digital asset bank, Anchorage Digital Bank, after the Office of the Comptroller of the Currency (OCC) conditional approval.
The UK Financial Conduct Authority (FCA) has warned consumers about advertisements on crypto assets investment promising high returns. The authority said that if investors are investing in these products without any research and understanding, they should be “prepared to lose all their money.”
The US Office of the Comptroller of the Currency (OCC) has allowed federally-charted banks and thrifts to participate in running nodes on public blockchains and use stablecoin for payment activities and āother bank-permissible functions.ā
GMO Internet Inc., the Tokyo-based Internet conglomerate, has got approval from the New York Department of Financial Services (DFS) to issue the worldās first Japanese Yen-pegged stablecoin under the ticker of GYEN.
The US financial regulators are asking cryptocurrency firms that operate stablecoins to tighten protections against money laundering to protect US financial and monetary systems.
Israel Tax Authority is now eyeing to collect taxes from cryptocurrencies holder in the country as the authority is sending out notices to the owners of digital assets to reveal the details of their assets so can be taxed.
Three US lawmakersāCongresswoman Rashida Tlaib, Congressmen JesĆŗs Chuy GarcĆa, and Chairman of Task Force on Financial Technology Rep. Stephen Lynchāhave introduced new legislation to Congress that,
Crypto investors are panicking today after discovering that Chinese authorities seized around $4.2 billion in cryptocurrencies from the PlusToken Ponzi scheme. Local news platforms report that
The government in South Korea decided to delay enforcing its new crypto tax law after lobbying activity conducted by the Korean Blockchain Association (KBA). Exchanges now
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