cryptocurrency companies

Crypto trading platform Unbanked announced it is shutting down due to tough industry regulations in the U.S. In an official notice to customers, Unbanked said the decision to close the business was made after numerous but unsuccessful attempts to meet all the requirements ...

The South African Financial Sector Supervisory Authority (FSCA) has introduced a new licensing regime that requires cryptocurrency companies to be licensed to operate in the country within six months, starting June 1. The agency said the requirement is intended not only to ...

The Commissioner of the U.S. Commodity Futures Trading Commission (CFTC) said she is ready to regulate cryptoindustry with the U.S. Securities and Exchange Commission (SEC). Christy Goldsmith Romero said the regulator is now conducting several major investigations related ...

With growing pressure from U.S. regulators, Bit Digital, a New York-based mining company, is expanding its infrastructure in Iceland. The company plans to locate 2,500 recently purchased mining rigs in Iceland.As Bit Digital CEO Samir Tab ...

Cryptocurrency companies that move away from the uncertainty of U.S. regulation will be welcomed in France, local officials said. "In France, we are proud to be pioneers of the crypto-asset industry," said Benoît de Juvigny, secretary general of the F ...

In the first quarter of 2023,  cryptocurrency companies raised a total of $2.6 billion in 353 rounds of investment. The analytical platform PitchBook wrote about it in a report. The platform's experts noted an 11% decrease in deal value and a 12.2% decrease in the total n ...

EU lawmakers plan to require companies related to the storage, trading and investment in digital assets to provide tax authorities a report on the balance sheets of their customers. According to the initiators of the bill, the development of the document is due to the need ...

The U.S. Chamber of Commerce submitted a brief report on the Coinbase trading floor case and the SEC, criticizing the agency for unfairness against cryptocurrency companies. The U.S. Chamber of Commerce began by saying that the U.S. lacks clarity on digital assets, while ...

According to Morgan Mac Lawyers, Coinbase is unlikely to delist bitcoin (BTC) and ether (ETH) even if regulators increase pressure on the exchange, given that these two cryptocurrencies account for 65% of its trading volume. Bill Morgan, a lawyer representing the San Francisco-based exchange, sta ...

The US Commodity Futures Trading Commission has called for an end to the anonymity of crypto assets, citing concerns over cybercrime and national security. Speaking at a conference in London, CFTC Commissioner Christy Goldsmith Romero highlighted the risks posed by cybercriminals using anonymous ...

John Deaton, the founder of CryptoLaw, who is representing the interests of XRP holders, has shared his thoughts on the delay in the ruling of the US SEC lawsuit against Ripple. The XRP community has been actively discussing the SEC lawsuit against Ripple on Twitter, with many supporters hoping t ...

The Manitoba Securities Commission (MSC) in Canada has sounded an alarm over the proliferation of fake cryptocurrency investment sites. According to MSC Senior Researcher Jason Roy, the agency has received over 60 complaints from Manitoba residents who lost between $320 to $206,000 while investin ...

According to insiders cited by CNBC, Swiss banks are experiencing a surge in requests for banking services from cryptocurrency companies based in the United States. The collapse of American banks Silvergate and Signature Bank has led to an unnamed Swiss banking institution receiving a massive inc ...