February 3, 2023

Some Wonder if the New European Crypto Standards are Too Strict

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The European Parliament’s Economic and Monetary Affairs Committee has voted to impose strict regulations on banks seeking to hold cryptocurrency. A leaked version of the measure, reported by CoinDesk, reveals this is also a way to gauge the impact of new meets traditional financial systems The move is intended to anticipate international norms that would […]

January 31, 2023

NY Financial Watchdog Has Sage Advice for Crypto Firms

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The New York Department of Financial Services (NYDFS) has released guidelines for licensed crypto firms on how to handle customer assets in case of insolvency or similar proceedings. In a statement, NYDFS Superintendent Adrienne Harris offered wise advice to firms and exchanges operating under a BitLicense. This is a term for a specific business license […]

January 19, 2023

DOJ To Announce New Crypto Enforcement Action — Market Retracts

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On January 18, the cryptocurrency market saw its first major retraction since the turn of the year. On this date, major assets like bitcoin and Ethereum lost about 3% of their value. Meanwhile, other tokens like Solana and SHIB lost 8% and 12% respectively. The day was filled with news that had a negative impact […]