Crypto Updates – Page 4 – WORLD CRYPTO BUSINESS

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

[ad_1] During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners.... Read more »

Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda

[ad_1] According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the... Read more »

Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations

[ad_1] Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed... Read more »

Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall

[ad_1] The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the... Read more »

Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction

[ad_1] Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates... Read more »

JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse

[ad_1] JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including... Read more »

Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry

[ad_1] Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country... Read more »

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

[ad_1] Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and... Read more »

Report: State Securities Regulators Probe Crypto Lender Genesis

[ad_1] State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities... Read more »

Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies

[ad_1] Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the... Read more »