Amidst a slew of layoffs, the chief policy officer at Coinbase, Faryar Shirzad, admitted that further job cuts could come sometime in the future as part of a long-term plan to “operate the company responsibly.” […]
The market is taking a downturn but legal activity, not so much. There’s a lot happening that may shape guidance and laws that crypto entities have to follow in years to come. Source link
The price of Bitcoin (BTC) is currently trading below the $20,000 mark, reaching a low of $19,147 on Saturday, according to statistics from Coingecko. As the whole cryptocurrency market continues to be pummeled, the price of […]
Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing ‘liquidity pressure’ In a recent release, the Hong Kong-based crypto lender has stated that […]
Riksbank, the central bank of Sweden, said it had appointed bitcoin skeptic and current head of the national financial regulator Erik Thedéen as its new governor on Friday. Thedéen, director-general of Sweden’s Financial Supervisory Authority […]
Key Takeaways Bitcoin has broken below $20,000 for the first time since December 2020, while Ethereum has dipped below $1,000. It’s the first time Bitcoin has fallen below its previous cycle’s high. Bitcoin topped $19,600 […]
Helping to send bitcoin back into the teens were the continuing plunge in traditional financial markets alongside spreading panic among crypto lending platforms. Source link
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed that the buyer would pay with a privately issued digital currency is invalid, a Chinese […]
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulators Investigate Celsius’ Withdrawal Freeze The U.S. SEC and […]
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