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      January 19, 2021
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Tagged Regulations

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Regulations
Tesla purchased 1.5B worth of bitcoin to divert the public's attention from its recent clash with Chinese authorities

Tesla Bitcoin Purchase: A Perfect Diversionary Tactic?

Staff Writers
February 13, 2021
Altcoins, Bitcoin, Blockchain, News, Technology
On Feb 8, Tesla, a major electric car manufacturer owned by Elon Musk, announced its BTC (Bitcoin) purchased worth 1.5B. In a report by The New York Times, this was disclosed in Tesla’s annual report submitte...
what traders can learn from Robinhood's buying limitation

A Trader’s Lesson from Robinhood’s Buying Limitations

Staff Writers
February 11, 2021
Blockchain, News, Technology
Last week, Robinhood temporarily suspended trading of popular "meme stocks" after a buying frenzy that caused an unprecedented spike in its valuation. On the morning of January 28, Robinhood announced that i...
India is set to implement a crypto ban in its bill dubbed as Digital Currency Bill 2021

India’s Proposed Crypto Ban Worries the Crypto Community

Staff Writers
February 8, 2021
Blockchain, News, Technology
India has a history of issues with cryptocurrencies; the trend has been on for some time now. The parliament is considering a bill dubbed Digital Currency Bill 2021. It is backed by the government to ban all pr...
Russian Ministry of Labor implemented a new law that prohibits government officials to own cryptos and were given an ultimatum to sell their cryptos

Ultimatum for Russian Gov’t Officials With Cryptos Until April

Staff Writers
February 4, 2021
Adoption, Blockchain, News, Technology
Despite the nature of the decentralization of cryptocurrencies, many will try to centralize them. Some governments will still try to poke their nose on the ecosystem and try to impose regulations. The Russia...
Gary Gensler as the new US SEC, how will this affect the crypto industry?

What Crypto Can Expect from Gary Gensler at the SEC?

Staff Writers
January 27, 2021
Blockchain, News, Technology
Gary Gensler, the ex-chairman for Commodity Future Trading Commission (CFTC), is the new US SEC chairman. This is a great relief for the crypto industry as SEC was a bit stringent on the crypto ecosystem. Ge...
UK government consults crypto industry on regulatory approach for crypto and stablecoins

U.K. Gov’t Regulatory Approach on Crypto and Stablecoins

Staff Writers
January 24, 2021
Blockchain, News, Technology
Cryptocurrencies are still in the regulatory grey region in most of the countries across the world. The U.K. regulators were keen on transforming the crypto regulatory space. Recently they produced a document o...
Ripple has high hopes under Biden administration

Ripple Has High Hopes Under Biden’s Administration

Staff Writers
January 23, 2021
Altcoins, Blockchain, News, Technology
The year 2020 was a tumultuous year for Ripple. The company has been entangled with several lawsuits with the most recent from the U.S. Securities and Exchange Commission. XRP price suffered the most after goin...
Cyprus implements first-ever cryptocurrency rule

Cyprus Implements First-Ever Cryptocurrency Rule

Staff Writers
January 20, 2021
Adoption, Blockchain, News, Technology
The regulation concerning cryptocurrency has been issued by Cyprus Securities and Exchange Commission (CySEC). The regulations which were published at the end of November 2020 can be found in Circular C417. Thi...
The new US Treasury rule on crypto KYC

Proposed Treasury Rule Impact Fears in the Crypto Industry

Staff Writers
January 19, 2021
Blockchain, News, Security, Technology
There has been strong opposition to the planned new US Treasury rule. This is concerning its effort to help stamp out any illegal transactions on cryptocurrency. It has led to a battle threatening to cast a sha...
FinCEN propose new regulation for offshore crypto holdings

FinCEN Propose New Regulation for Offshore Crypto Holdings

Staff Writers
January 13, 2021
Bitcoin, Blockchain, News, Technology
It seems that the United States Financial Crimes Enforcement Network  (FinCEN) is not yet done with crypto. In its latest brief, the agency made clear its intentions on introducing an amendment to the Bank Sec...
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