Regulation

TL;DR Bitcoin’s price dipped recently but has begun to recover, raising hopes for a potential rally in May. Favorable regulations and increased institutional adoption could fuel a significant BTC price rally (according to ChatGPT). What Are the Odds of a BTC Rally in May? Despite the promising start of the year and the surge to an all-time high price in March, Bitcoin’s progress stalled in April. The primary cryptocurrency did not start May on the right foot, declining to...

CoinspeakerHarris and Trotter Digital Assets Raise $10M to Enhance Crypto Accounting Given that there is no exact timeframe regarding when to expect new official regulations, Harris and Trotter Digital Assets assists crypto projects in bookkeeping for their crypto holdings and transactions. Harris and Trotter Digital Assets Raise $10M to Enhance Crypto Accounting

While Bitcoin has been recognized as a commodity, the same cannot be said for Ethereum’s status, which has been more ambiguous due to its initial coin offering (ICO) in 2014. However, a new report suggests that the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, seem to have believed that Ethereum is an unregistered security for a long period of time. SEC and Gensler’s Beliefs Exposed According to the latest FOX report, court documents filed by...

Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s leading five exchanges in terms of trading volume. According to a Bloomberg report, Upbit’s customers were responsible for nearly a fifth of the total deposits from its major banking partners last year. Upbit’s Dominance Sparks Concerns Upbit’s dominance has drawn criticism and concerns, particularly as South Korea moves to...

Ein Glitch ist somit das unerwartete Ergebnis einer Fehlfunktion, die neben Computerspielen auch bei anderweitiger digitaler Software auftritt. In einem Bullenmarkt, also einer Phase steigender Kurse, können Kryptowährungen wie Bitcoin hohe Renditen erzielen. Allerdings ist es wichtig, sich der Risiken bewusst zu sein und verschiedene Strategien anzuwenden, um erfolgreich zu sein. Strategien: Hodling: Die einfachste Strategie ist es, Bitcoins zu...

On April 17, the two pro-crypto Senators introduced the Lummis-Gillibrand Payment Stablecoin Act. The bill “solves key policy challenges that have lingered around previous proposals and provides prudential regulation and added consumer protections to stablecoin issuers,” said Lummis, who added, “But above all, it allows innovation to prosper.” The Senators have been drafting the bill for months as customer protections and proper custody practices for issuers came into focus...

[PRESS RELEASE – Johannesburg, South Africa, April 15th, 2024] VALR, the Pantera-backed crypto exchange headquartered in Johannesburg, announced that it has been granted both a Category I and Category II license by the Financial Sector Conduct Authority (FSCA) of South Africa as a Crypto Asset Service Provider (CASP). This milestone makes VALR one of the first crypto asset platforms to receive regulatory approval in both categories in South Africa. The FSCA opened CASP...

CoinspeakerThailand Authorities Target Crypto Peer-to-Peer (P2P) Trading Regulations to Combat Online Fraud Thailand agencies want more scrutiny of P2P trades to tackle the rampant cases of online fraud and related scams in the country. Thailand Authorities Target Crypto Peer-to-Peer (P2P) Trading Regulations to Combat Online Fraud

CoinspeakerFinancial Stability Institute Urges Global Consistency in Stablecoin Regulation The report noted that regulatory approaches to stablecoins share similarities in key requirements but differ in response to various stablecoin design features and perceived risks.  Financial Stability Institute Urges Global Consistency in Stablecoin Regulation

CoinspeakerSouth Korea to Introduce Stringent Guidelines for Crypto Exchange Listings in May The South Korean government is about to roll out new guidelines to impose stricter regulation for token listings on centralized crypto exchanges (CEXs) as soon as next month.   South Korea to Introduce Stringent Guidelines for Crypto Exchange Listings in May