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Tag: Regulation

64 Cryptocurrency Firms Have Withdrawn Applications to Operate in UK, FCA Says

June 30, 2021 wp-bot Bitcoin News

A growing number of crypto firms in the U.K. are withdrawing their applications to register with the Financial Conduct Authority (FCA). Around 64 firms have

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Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System

June 30, 2021 wp-bot Bitcoin News

Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from

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Korean Crypto Exchanges Consider Suing Government Over Banking Requirements

June 29, 2021 wp-bot Bitcoin News

All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A

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‘We don’t have much time left’ to regulate crypto, says Bank of France governor

June 29, 2021 wp-bot Cointelegraph

“We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty,” said Francois Villeroy de Galhau.

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Bulls are back, but regulatory fears hamper the DeFi and altcoin recovery

June 29, 2021 wp-bot Cointelegraph

Bitcoin is staging a comeback, but the lingering threat of regulation continues to weigh on DeFi tokens and select altcoins.

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Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time

June 29, 2021 wp-bot Bitcoin News

Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange

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Blockchain
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