Crypto Updates – Page 21 – WORLD CRYPTO BUSINESS

Indian Central Bank RBI: Cryptocurrencies Are a Clear Danger — Financial Stability Risks Likely to Grow

[ad_1] India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently appear to be “limited.” RBI on... Read more »

US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin

[ad_1] The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest fraud scheme... Read more »

EU Makes Deal on MiCA Legislation to Regulate Crypto Markets

[ad_1] Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework... Read more »

BTC’s Lower Price Shrinks Bitcoin Mining Profits, Hashrate Remains Unaffected

[ad_1] While bitcoin’s fiat value has dropped more than 70% below the all-time high recorded in November 2021, the price reduction has made it so miners are making fewer profits depending on... Read more »

Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico

[ad_1] Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens... Read more »

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

[ad_1] Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also... Read more »

EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies

[ad_1] European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially... Read more »

Uzbekistan Presents Registration Requirements for Cryptocurrency Miners

[ad_1] Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have... Read more »

Report: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

[ad_1] The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework... Read more »

400+ Crypto Advertisements Violate Guidelines in India — ‘Some Influencers Talk About Crypto Without Understanding It’

[ad_1] The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received... Read more »