Cryptocurrency Market

  • Market Cap: $2,381,224,398,063.35
  • 24h Vol: $52,770,214,924.85
  • BTC Dominance: 56.62%

Regulation

hong-kong-regulator-launches-sandbox-to-test-tokenized-asset-transactions

Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions

The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized […]

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bank-of-russia-eyes-stablecoins-for-cross-border-transactions

Bank of Russia Eyes Stablecoins for Cross-Border Transactions

The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing for regulatory feasibility. Bank of Russia Explores Stablecoin Use for Cross-Border Transactions

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615-crypto-scam-sites-dismantled-by-australian-regulator

615 Crypto Scam Sites Dismantled by Australian Regulator

The Australian Securities and Investments Commission (ASIC) has shut down more than 7,300 phishing and investment scam websites, including 615 targeting cryptocurrency. The regulator noted that collaboration with other agencies and advanced detection techniques have enabled ASIC to swiftly take down scams, contributing to the $1.3 billion in financial losses reported by Australians in 2023.

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innovation-in-crypto-moves-faster-than-governments,-needs-self-regulation,-says-serial-innovator

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose significant security risks. Keeping the Innovation Flywheel Spinning

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google-faces-lawsuit-after-$5m-in-crypto-stolen-via-play-store-app

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing that portrayed the Play Store as a secure

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pierre-poilievre-backs-bill-to-ban-central-bank-digital-currency-in-canada

Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada

Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and economic freedom. “It’s time to put an end to creating a central bank digital currency in Canada,” he

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47-companies-apply-to-operate-in-turkey-under-new-crypto-regulations

47 Companies Apply to Operate in Turkey Under New Crypto Regulations

Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are required to apply for permits or proceed with liquidation by specified deadlines, with legal repercussions for noncompliance. Turkey’s Capital Markets

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putin-signs-law-to-advance-cryptocurrency-use-in-russia’s-international-trade

Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade

Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including cross-border trade, and grants the Bank of Russia oversight of pilot projects related to digital currencies. Putin Signs Law

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cftc-pays-$1m-to-whistleblower-in-digital-asset-case

CFTC Pays $1M to Whistleblower in Digital Asset Case

The Commodity Futures Trading Commission paid a $1 million whistleblower award for information leading to an enforcement action in digital asset markets. CFTC Enforcement Director Ian McGinley said whistleblower tips are increasingly crucial as more Americans fall victim to digital asset scams. Digital Asset Cases Dominate CFTC Docket The Commodity Futures Trading Commission (CFTC) announced

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australia-flags-over-2,000-compromised-crypto-wallets

Australia Flags Over 2,000 Compromised Crypto Wallets

More than 2,000 compromised cryptocurrency wallets belonging to Australians were recently uncovered during a global operation targeting cryptocurrency scammers. The Australian Federal Police is reportedly investigating Australian losses identified in “Operation Spincaster” and gathering intelligence on scammer tactics. Gathering Intelligence on Scammer Tactics The Australian Federal Police (AFP) recently discovered more than 2,000 compromised cryptocurrency

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