Today In Cryptocurrency: UK Regulators Confirm Investigation of 24 Crypto Businesses; Crypto Publicity Stunt Turns Deadly

A publicity stunt by a Ukranian social media network encouraging "crypto enthusiasts" to climb Mt. Everest and bury a hard drive holding $50,000 worth of digital tokens reportedly indirectly led to a man's death, according to the Financial Times......»»

A publicity stunt by a Ukranian social media network encouraging "crypto enthusiasts" to climb Mt. Everest and bury a hard drive holding $50,000 worth of digital tokens reportedly indirectly led to a man's death, according to the Financial Times......»»

The new rules for crypto businesses will be released in June 21 but many regulators are already worried about the repercussions......»»

Two top European finance regulators, the EBA and the ESMA, have separately said today that cryptocurrency and ICO rules are needed at the EU level......»»

Binance isn't accused of any wrongdoing by the federal agencies, Bloomberg reported. The US is widely trying to root out illicit activity in the crypto market. Chaopeng Zhang is the founder and CEO of crypto exchange Binance. Binance .....»»

Huobi Token (CRYPTO: HT) — the token of China's top cryptocurrency exchange Huobi — has seen sharp growth after the firm's asset management arm launched a new product. read more.....»»

Solana (CRYPTO: SOL) — a cryptocurrency famous for its cheap and fast transactions — is seeing a major upwards price movement after showing strong growth. read more.....»»

Demand for cryptocurrency ETFs are strong, as it allows investors to gain direct exposure to the asset class within .....»»

Shares of several cryptocurrency-related companies soared on Tuesday as Bitcoin (CRYPTO: BTC) posted a major recovery from a low of $49,506 on Monday to trade at $54,566.20 at press time. read more.....»»

What Happened: Cryptocurrency exchange Crypto.com’s native token CRO has rallied by over 70% in the past 24-hours, and its trading volume is up by 877%. read more.....»»

A rise in cryptocurrency and coronavirus investment scams has prompted authorities to launch an awareness campaign......»»

South Africa’s financial regulators recommended that cryptocurrency be used for domestic payment purposes, but that it not be treated as legal tender or allowed as a settlement tool......»»

EPAM Systems has joined forces with OpenVASP, pledging to use its programming expertise to help crypto businesses comply with FATF guidance......»»

Dutch tax enforcers with the Netherlands’ Fiscal Intelligence and Investigation Service arrested two men Monday for laundering millions of euros in cryptocurrency......»»

Paraguay has conducted a mass audit of local cryptocurrency businesses, paving the way for the country’s first virtual asset regulations in 2020......»»

There may be a way for cryptocurrency businesses to get around New York's notoriously hard-to-get BitLicense, and it runs through Wyoming......»»

Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”.....»»

Since launching a sweeping investigation of the crypto industry, the Texas State Securities Board has filed 24  administrative orders......»»

Primitive Ventures partner Dovey Wan breaks down the crypto situation as it stands in China today......»»

Seychelles-based cryptocurrency exchange BitMEX is being probed by the U.S. Commodity Futures Trading Commission over client trades, Bloomberg says......»»