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  • 3AC Co-Founders Su Zhu, Kyle Davies Subpoenaed in Bankruptcy Case Updates
  • Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter Updates
  • Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank Updates
  • Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist Updates
  • Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’ Updates
  • Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups Updates
  • Government of Uruguay Presents Campaign Against Crypto Scams Updates
  • Shiba Inu’s New Burn Portal Rewards SHIB Burners for Destroying Their Tokens Updates

Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode

Posted on September 30, 2022September 29, 2022 By Sathya Shankar No Comments on Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode
Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode

The internet hosting and software development subsidiary of Microsoft, Github, has partially unbanned the Tornado Cash repositories following the recent sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Github’s decision follows the U.S. Treasury updating the public, noting that U.S. persons can copy, view, and discuss the open-source code. Github’s…

Read More “Github Partially Reinstates Tornado Cash Codebase, Open Source Code Set to Read-Only Mode” »

Updates

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Posted on September 30, 2022September 29, 2022 By Sathya Shankar No Comments on Erdogan Suggests Turkish-Russian Payment System, Local Media Reports
Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists visiting the country. President Erdogan…

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Updates

UK Proposes New Law to ‘Seize, Freeze and Recover’ Crypto Assets Easier and Faster

Posted on September 30, 2022September 29, 2022 By Sathya Shankar No Comments on UK Proposes New Law to ‘Seize, Freeze and Recover’ Crypto Assets Easier and Faster
UK Proposes New Law to ‘Seize, Freeze and Recover’ Crypto Assets Easier and Faster

The British government has presented the Economic Crime and Corporate Transparency Bill to Parliament that will “make it easier and quicker” for law enforcement agencies “to seize, freeze and recover crypto assets.” The government stressed: “We must ensure that law enforcement agencies have the right legislative framework in place to recover criminals’ crypto assets.” UK’s…

Read More “UK Proposes New Law to ‘Seize, Freeze and Recover’ Crypto Assets Easier and Faster” »

Updates

Coinbase Receives Approval to Offer Full Suite of Crypto Products in Netherlands

Posted on September 30, 2022September 29, 2022 By Sathya Shankar No Comments on Coinbase Receives Approval to Offer Full Suite of Crypto Products in Netherlands
Coinbase Receives Approval to Offer Full Suite of Crypto Products in Netherlands

Crypto exchange Coinbase has received approval to offer its full suite of retail and institutional crypto products and services in the Netherlands. “We have taken strides to work collaboratively with government, policymakers, and regulators to shape the future in a responsible way,” Coinbase said. Dutch Regulator Approves Coinbase The Nasdaq-listed cryptocurrency exchange Coinbase (Nasdaq: COIN)…

Read More “Coinbase Receives Approval to Offer Full Suite of Crypto Products in Netherlands” »

Updates

Flynt Launches Industry’s Highest Yield Product on Bitcoin

Posted on September 29, 2022September 29, 2022 By Sathya Shankar No Comments on Flynt Launches Industry’s Highest Yield Product on Bitcoin
Flynt Launches Industry’s Highest Yield Product on Bitcoin

PRESS RELEASE. Flynt Finance, the cryptocurrency financial services company based in Singapore co-founded by previous derivatives exchange operators and analysts, launched a platform for crypto structured products last week. The relatively high returns (up to 50% APY) on Flynt has gained strong interest from crypto yield enthusiasts, especially during the bear market where volatility is…

Read More “Flynt Launches Industry’s Highest Yield Product on Bitcoin” »

Press Release, Updates

Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator

Posted on September 29, 2022September 29, 2022 By Sathya Shankar No Comments on Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator
Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator

An Israeli capital markets regulator, the Insurance and Savings Capital Market Authority, recently granted a “crypto financial services provider license” to Bits of Gold, the first such license for an active company in the country. This license allows Bits of Gold to offer crypto custodian services and to enable the safekeeping of funds belonging to…

Read More “Digital Asset Exchange Platform Granted ‘Crypto Financial Services Provider License’ by Israeli Regulator” »

Updates

Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina

Posted on September 29, 2022September 29, 2022 By Sathya Shankar No Comments on Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina
Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina

Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in its app, which will be interoperable with other platforms already using this method of payment in Argentina. Bitso Seeking to Drive Crypto Payments in Argentina…

Read More “Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina” »

Updates

Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives

Posted on September 29, 2022September 29, 2022 By Sathya Shankar No Comments on Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives
Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives

Telefonica, one of the largest telecom carriers in Spain, and Qualcomm, the fabless chip designer, have inked a partnership to advance joint extended reality and metaverse initiatives. Telefonica will use Snapdragon Spaces, a new technology from Qualcomm, to bring these metaverse experiences to its customers. The agreement also includes the possibility of pursuing joint commercial…

Read More “Spanish Telecom Giant Telefonica Partners With Qualcomm to Develop Joint Metaverse Initiatives” »

Updates

Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report

Posted on September 29, 2022September 29, 2022 By Sathya Shankar No Comments on Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report
Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report

Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the country’s financial regulator warned that Binance was operating illegally without a license. Binance Wants Back in Japan Crypto exchange Binance is seeking a license to return to the Japanese crypto market, four years after…

Read More “Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report” »

Updates

South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal

Posted on September 29, 2022September 29, 2022 By Sathya Shankar No Comments on South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal

The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for Tax Evasion in South Korea The amount of…

Read More “South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal” »

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