Regulation

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    From Rug Pulls to HEX Panic: Investigating Cryptocurrencies’ Duality

    Richard Heart’s Cryptocurrency Activities Set Fans of the HEX Token on Edge What is Rug Pull? org Questions about Possible Federal and State Securities Law Violations Richard Heart’s Cryptocurrency Activities Set Fans of the HEX Token on Edge Hex token supporters are uneasy since Richard Heart, the project’s founder, has deleted any references to his…

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  • Hut 8 Doubles 2022 Net Loss

    The Bitcoin mining company, Hut 8, has announced that its net loss for 2022 has doubled to one hundred and seventy-six million dollars. Although Hut 8 produced more Bitcoin, it still experienced an increase in costs and a decrease in the price of Bitcoin, resulting in a higher net loss for the year 2022. The…

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  • New Regulations in a Bid to Curb Money Laundering

    The UK’s FCA takes a stand against Illegal crypto ATMs. New AML rules in India for crypto transactions. Kraken paves way for crypto banking. The UK’s FCA Takes a Stand Against Illegal Crypto ATMs In East London, the Financial Conduct Authority (FCA) and the Metropolitan Police are working together to look into possible sites of…

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  • FTX Collapse Exposes Insurance Gap that hinders Crypto Sector Growth

    After experiencing network bridges and unprecedented bankruptcies, there is a considerable task ahead to restore trust in cryptocurrencies, which includes the significant obstacle of providing investors with protection against such incidents. This task will be a long and challenging road. While stock brokerage accounts frequently offer protection against circumstances like bankruptcy, crypto exchange platforms typically…

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  • Ripple (XRP) Anticipated To Win Against SEC

    According to reports, Ripple accumulated funds since 2013 by liquidating a virtual asset known as XRP in unauthorized security provided to customers in the United States and globally. In the recent past, as the events unfolded, the exchange platform fought its legal disputes and presented a convincing argument to the federal courts. The Securities and…

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  • Silvergate’s Crisis: How to Regulate Crypto to Protect Investors Against Such Liabilities?

    How the $1B Loss will affect Silvergate’s Activities Binance’s advice in backlash amid the most recent step taken by Ukraine Peer-to-Peer transactions How the $1B Loss will affect Silvergate’s Activities Due to doubts regarding its feasibility, Silvergate Capital has stopped operating its Silvergate Exchange Network (SEN), a system for cryptocurrency transactions. SEN is among the…

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  • India’s Insurance Sector Grows an Appetite for Blockchain Technology

    The Indian insurance sector stakes all its faith in blockchain innovation to be the industry’s savior for its insurance sector as it copes with modern technology. India’s Insurance Regulatory and Development Authority asserted it would utilize web3 and blockchain innovations to boost its insurance industry. Debasish Panda, Insurance Regulatory and Development Authority Chairman, told reporters…

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  • Talos and Bybit Collaborate to Extend Digital Asset Services

    The world’s third-largest virtual asset service provider, Bybit, has reported an amazing collaboration with the premier institutional crypto trading service provider, Talos. The cooperation consolidates Bybit power and Talos’s unique exchange network solutions, enabling entrée to various virtual assets and best-in-market business solutions. The cooperation will allow Bybit to modernize entrée for organizations seeking to…

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  • MasterCard and Visa to Reconsider their Crypto Strategies

    During the positive rally witnessed in the crypto sector, banks and traditional institutions were eager to join the rally. Organizations such as MasterCard and Visa fought to secure positions in the industry and launched innovations that comprised Ethereum and Bitcoin, among other virtual and digital assets. These same financial institutions are rethinking their decisions in…

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  • Significant Changes In the Stablecoin Sector

    The Termination of BUSD Transactions on Coinbase How Binance is Upending the Crypto Market With its Quick TUSD Stablecoin Minting The Termination of BUSD Transactions on Coinbase Due to ongoing regulatory pressure on Binance’s stablecoin, Coinbase halted trading BUSD on March 13th. BUSD, a token minted by Paxos, was the focus of a February investigation…

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