Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is 'Currently Preparing to Make Repayments'On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin (BTC) from Mt […]

Crypto Exchange Binance Joins Expert Center at Russian Banks Association

Crypto Exchange Binance Joins Expert Center at Russian Banks AssociationDigital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry. Binance to Provide Crypto Expertise to Russian […]

Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban

Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket BanAuthorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank in Moscow. Belarus to Keep Favorable Crypto Regulations Officials in Belarus do […]

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, MiningTrue to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’ wellbeing among the main reasons for the proposed restrictions. Russia’s Central […]

Bitcoin & cryptocurrency news

Gensler: Public “Vulnerable” if Exchanges Aren’t Regulated

Reading Time: 2 minutes Gary Gensler has warned that the public remains “vulnerable” while crypto exchanges remain unregulated Gensler told reporters that he has staff working on ways to bring them into line The global nature of the crypt space causes unusual problems The head of the Securities and Exchange Commission (SEC), Gary Gensler, has warned that the public remains “vulnerable” if cryptocurrency exchanges aren’t brought into regulatory line this year. Speaking to reporters in a virtual press conference yesterday, Gensler said he has tasked his staff with bringing the various cryptocurrency platforms that serve the US into the regulatory fold, while expressing hope

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