cryptocurrency companies
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UK Financial Watchdog to Work with Cryptocurrency Companies to Develop Regulations: A Step Towards Mainstream Adoption?
According to reports, Sarah Pritchard, Executive Director of the Financial Conduct Authority (FCA) in the UK, stated at the London City Week meeting on Tuesday that the agency hope
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Understanding the New European Encryption Rules: A Fast Track System for Existing Cryptocurrency Companies
According to reports, the French Monetary Authority (AMF) stated in a statement on Friday that existing encryption companies can obtain the \”fast track system\” of the new European
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New York State Cryptocurrency Companies Required to Pay Assessment Fees
According to reports, according to a provision in the New York 2023 fiscal year budget, the New York State Department of Financial Services has passed a new law requiring cryptocur
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Hong Kong Regulators Hold Meeting to Promote Cryptocurrency Industry Financing
According to reports, Hong Kong regulators in China are holding a meeting between cryptocurrency companies and bankers to promote financing for the industry. According to the detai
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Blockchain Association Seeks Transparency from Regulators Regarding Banking of Cryptocurrency Companies
It is reported that the Blockchain Association, a lobbying group in the encryption industry, has submitted a Freedom of Information Act (FOIA) request to the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board of Governors, and the Office of the Auditor General, seeking documents and communications involving the de banking of cryptocurrency companies in the United States. BA is investigating allegations of de banking, including closing accounts and refusing to open new ones, as well as actions that regulators may have mishandled to the collapse of Signature, Silicon Valley Bank, and Silvergate. Encryption industry lobbying groups seek de banking information for legitimate encryption businesses Analysis based on this information:The Blockchain Association, a lobbying group in the encryption industry, has taken action to gain greater transparency from federal regulators regarding the banking of cryptocurrency companies in the United States. The association has submitted a Freedom of Information Act (FOIA) request to three different agencies: the Federal Deposit Insurance Corporation (FDIC),…
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It is reported that according to statistics, the stable currency USDC recorded a global trading volume of US $26.73 billion within 24 hours. On Saturday, the USDC decoupled from the US dollar and fell to a low of US $0.877. Therefore, encryption companies such as Binance, Coinbase, Crypto.com and Bitpay suspended USDC payment and automatic conversion. The stable currency USDC recorded a global trading volume of US $26.73 billion within 24 hours Analysis based on this information:USDC Trading Volume Hits $26.73 Billion, But Cryptocurrency Companies Suspend Payments Keywords: USDC, Stable Currency, Trading Volume, Cryptocurrency Companies, Payment Suspension Interpretation: A stable currency, USDC has recorded a global trading volume of $26.73 billion within 24 hours, according to statistics. Despite this, on Saturday, the USDC decoupled from the US dollar and fell to $0.877, causing cryptocurrency companies such as Binance, Coinbase, Crypto.com, and Bitpay to suspend USDC payment and automatic conversion. This news raises several questions about the sustainability and trustworthiness of…
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Armanino’s Former Digital Asset Business Member Establishes The Network Firm
On March 1, the former digital asset business member of Armano, an accounting firm, established the new company The Network Firm, which is engaged in providing…
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New SEC Proposal Makes it Harder for Cryptocurrency Companies to Partner with Hedge Funds and Pension Funds
According to reports, according to people familiar with the matter, the new proposal of the United States Securities and Exchange Commission (SEC) proposes to …