Banks Are Breaking Up With Crypto During Regulatory Crackdown
Banks are backing away from crypto companies, spooked by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system.
Siemens Issues €60M Under Germany’s Electronic Securities Act
While the crypto industry remains under the lens of scrutiny, Siemens decided to issue bonds worth 60 million Euros to three investors.
Pig-Butchering Scams: An Emerging Crypto Threat Vector
Of all the crypto crime scams in recent memory, one of the most vividly named is the “pig butchering” scheme.
Keanu Reeves Says Dismissing Crypto Will Only Make It Better
Famous actor Keanu Reeves says dismissing crypto or criticizing its volatility will only “make it better in terms of how it’s safeguarded.” The Matrix star added that the principle and ideas behind an independent currency are “amazing.” The Hollywood star previously revealed that he owned cryptocurrency. “A friend of mine bought some for me a while back,” he said in December 2021, adding that he had not done anything with it. (Bitcoin.com)
Markets: Bitcoin Slips Back Below US$24,000 as Inflation Worries Resurface in U.S., Equities Slide
Bitcoin and Ether fell Friday morning in Asia, curtailing a strong run-up in the week, after the U.S. January Producer Price Index (PPI), a measure of wholesale inflation, rose much faster than expected to rekindle concerns the Federal Reserve will continue to crank up interest rates. U.S. equities fell overnight as did nine of the top 10 non-stablecoin cryptocurrencies. The exception was Polygon, which announced a new scaling solution for Ethereum. (forkast)
US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate crypto products to protect consumers and our financial system,” said the senator.
Decoding the Crypto Market Emotions: A Guide to the Fear and Greed Index
Making informed decisions in the highly volatile and unpredictable crypto market can take time for investors.
Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations
The Central Bank of the Republic of Uzbekistan has adopted amendments to its regulations for foreign exchange transactions that concern non-resident legal entities, including those working with cryptocurrencies. In particular, they are now allowed to have accounts at local banks but the options to operate with funds coming from cryptocurrency trading are narrow.
Japan’s SBI Shares First Staking Rewards For ADA, DOT, & AVAX, Sparks Outcry From U.S. Crypto Investors
Japanese crypto exchange SBI VC Trade, a subsidiary of SBI Holdings, announced the distribution of its staking rewards to customers yesterday.
Crypto Was Singapore's Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG
Crypto or Blockchain was the top area of fintech investment in Singapore in 2022 despite the global slowdown in the space, according to the KPMG Pulse of Fintech report for the second half of 2022.
