Day: 15 December 2022

Opera, a Web3 browser, recently unveiled a new set of security tools designed to reduce common risks brought on by malicious users operating within the Web3 ecosystem. Have you been feeling less safe in Web3 lately? We can’t blame you! The good news is, Opera Crypto Browser is here to ...

France may review its lenient licensing requirements for digital asset providers in light of the global trend toward stricter cryptocurrency regulation in the aftermath of the recent FTX collapse. According to the Financial Times, Hervé Maurey, a French senator serving on the finance committee, reportedly proposed removing the provision allowing ...

U.S. Senators Elizabeth Warren and Roger Marshall recently sponsored a bill titled "The Digital Asset Anti-Money Laundering Act." The primary goal of the bill is to reduce the use of cryptocurrency for money laundering.  The Digital Asset Anti-Money Laundering Act will bring anti-money laundering regulations similar to those found in ...

Japan's ruling party has agreed to loosen corporate tax restrictions for digital currencies, demonstrating support for a sector that has been rocked by a series of disruptive events.  In July, the Japan Cryptoasset Business Association and the Japan Virtual and Cryptoassets Exchange Association put out a proposal to make it ...

On December 14th, the US Federal Reserve announced another interest rate hike, causing the price of Bitcoin and other altcoins to fall. The previous day, the US Bureau of Labor Statistics published the November Consumer Price Index numbers, which came in at 7.1%, slightly lower than the expected 7.3%. This ...

In a meeting with the Treasury Committee on Wednesday, Ashley Alder, the incoming chairman of the U.K. Financial Conduct Authority (FCA), criticized crypto firms like FTX for being "deliberately evasive." Alder, who is currently the CEO of Hong Kong's Securities and Futures Commission (SFC), is set to begin his new ...

The new CEO of FTX, John Ray III, has come under fire from the Bahamas Securities Commission for his comments about the ongoing investigation into the defunct cryptocurrency exchange. In a press release, the Bahamian regulator addressed "key statements" of John J. Ray III with which it disagrees, as well ...

The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against a Finder.com subsidiary over a cryptocurrency product, alleging that the company provided unlicensed financial services and violated consumer protection laws. Finder.com is the country's largest comparison website.  ASIC filed a civil lawsuit against Finder Wallet, a cryptocurrency-related service ...

In a tweet yesterday, Michael Saylor, co-founder of Microstrategy, stated that Ethereum is likely to crash like TerraLuna.  He questioned the token's transition to the Proof-of-Stake consensus mechanism. He compared it to Bitcoin, praising the latter for its long-term stability, robustness, and efficiency.  "#Bitcoin is engineered to be stable, robust, ...

Microsoft, the world's largest software company, has prohibited cryptocurrency mining using its online services. This ban went into effect on December 1st.  The development was part of the company's update of its Universal License Terms for Online Services. Little information is available about the company's decision to upgrade its online ...