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Irish Crypto Firms Squeezed by Bank Account Closures, Regulatory Delays

A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts......»»

Category: forexSource: coindeskMay 6th, 2020

Dutch Central Bank to Crypto Firms: Register in 2 Weeks or Shut Down

Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately as the country enforces new anti-money laundering regulations required by the European Union......»»

Category: forexSource: coindeskMay 5th, 2020

Cohodes: Pump-And-Dump Stock Trading Needs New Rules For The Digital Age

Cohodes: Pump-And-Dump Stock Tradi.....»»

Category: blogSource: zerohedgeApr 27th, 2020

The Netherlands’ AMLD5 Interpretation Appears to Be Killing Crypto Firms

The announced closure of one-man bitcoin startup Bittr may be the first of many in the Netherlands as contentious new AMLD5 regulations come into effect......»»

Category: forexSource: coindeskApr 27th, 2020

Oil surges as producers trim output to respond to demand loss

Oil surged on Thursday amid signs that producers are cutting production to weather a collapse in demand as the coronavirus outbreak ravages world economies, while the U.S. state of Oklahoma also moved to help oil firms pump less......»»

Category: topSource: reutersApr 23rd, 2020

Another Bitcoin Mining Firm Warns COVID-19 Pandemic May Harm Its Business

Hut 8, one of the few publicly traded crypto mining firms, is concerned about coronavirus-related delays of new machine deliveries, its CEO said......»»

Category: forexSource: coindeskApr 15th, 2020

US State Regulators Order ‘Fraudulent’ Crypto Mining Scheme to Shut Down

The Texas State Securities Board and Alabama Securities Commission filed an emergency action against Ultra Mining, alleging it offered unregistered securities by promising to double investments in a cloud mining scheme......»»

Category: forexSource: coindeskApr 8th, 2020

Germany’s Crypto Custody Law Hits a Snag: Startups Can’t Get Bank Accounts

Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts......»»

Category: forexSource: coindeskApr 7th, 2020

Major Crypto Firms Including Binance, Civic, Tron Targeted in Flood of Lawsuits

A flood of class-action lawsuits were filed in New York Friday, taking aim at a number of major cryptocurrency projects over their token sales......»»

Category: forexSource: coindeskApr 6th, 2020

Singapore Temporarily Exempts Crypto Firms, Including Coinbase, From New Licensing Regime

Cryptocurrency firms can continue operating but must apply for a license by summer under new rules.....»»

Category: forexSource: coindeskMar 27th, 2020

US County Extends Rule Making Bitcoin Mining Firms Invest in Renewable Energy

The newly extended rule that crypto mining farms must offset energy consumption with renewables might also be made permanent......»»

Category: forexSource: coindeskMar 27th, 2020

Bitcoin Firms Report Uptick in Demand for Inheritance Services

Crypto startups report fresh demand for estate-planning services as the coronavirus outbreak spurs users to make sure their coins are passed onto heirs......»»

Category: forexSource: coindeskMar 26th, 2020

Malta Financial Regulator Warns Against Unauthorized Crypto Firms

Malta’s financial regulator has issued warnings against COINMALEX and Crypto Foxtrades, two websites that falsely claimed they were licensed by the Maltese authority......»»

Category: forexSource: coindeskMar 26th, 2020

First UK-listed firms edge towards BoE loan scheme

A handful of large British companies had emerged on Wednesday as likely candidates for the government's emergency lending scheme aimed at helping them tide over the coronavirus shutdowns afflicting many of the world's biggest economies......»»

Category: topSource: reutersMar 25th, 2020

The Tell: The smart money is betting FAANG stocks will lead the stock-market recovery when it comes

Institutional interest in tech-stock futures remains high, a departure from 2018 when fears of a looming recession prompted some major investment firms to dump their holdings......»»

Category: topSource: marketwatchMar 21st, 2020

Bitcoin price rockets 23% as investors look for a new safe haven. "The crypto king is on fire."

Reuters Bitcoin prices surged more than 23% to at least $6,600 in a single day after a 30% year-to-date drop.  Investors have seen central banks worldwide pump large amounts of fiat currency into the global economy, depressing prices......»»

Category: topSource: businessinsiderMar 20th, 2020

Hawaii Hints It May Relax Onerous Rule to Lure Crypto Firms

Hawaiian regulators have launched a digital currency sandbox that waives the state’s infamous double-reserve requirement for participating crypto firms......»»

Category: forexSource: coindeskMar 18th, 2020

New York Regulator Tells Crypto Firms to Develop Coronavirus Contingency Plans

NYDFS is asking all crypto firms operating in New York to prepare detailed plans in case day-to-day operations are disrupted by the coronavirus outbreak......»»

Category: forexSource: coindeskMar 13th, 2020

Kraken Exchange Pledges India Expansion as Nation Reopens for Crypto Business

The announcement comes a week after the country's supreme court overturned a two-year banking ban for cryptocurrency firms......»»

Category: forexSource: coindeskMar 10th, 2020

India’s Central Bank Plans to Fight Supreme Court Crypto Ruling

The Reserve Bank of India reportedly plans to return to the supreme court to ask for a review of a ruling that overturned its ban on banking access for crypto firms......»»

Category: forexSource: coindeskMar 6th, 2020