Swiss Crypto Company Acquires License to Distribute Funds to Investors

Swiss Crypto Company Acquires License to Distribute Funds to Investors

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Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact…

Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

Survey: 13% of Net-Savvy Ukrainians Own Cryptocurrencies

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Ukrainians are increasingly aware of cryptocurrencies, and 13 percent of those using the Internet own digital coins, according to a new survey. The total of the daily turnover on the three leading cryptocurrency exchanges in the country currently reaches $2 million USD.   Also read: Ukrainian Companies Mint 25 Coins, Raise $132 Million Majority of…

Study Finds Irish Crypto Userbase to Have Quadrupled in Four Years

Study Finds Irish Crypto Userbase to Have Quadrupled in Four Years

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Research has indicated that Irish attitudes regarding cryptocurrency are increasingly positive, with the Irish cryptocurrency user base estimated to have quadrupled in last four years. Also Read: Ireland Clarifies Taxation of Crypto Transactions Study Finds Irish Crypto Sentiment to be Moving “From Suspicion to Curiosity” A study carried out by Amárach Research in partnership with communications…

Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

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A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Exchange Received Sandbox…

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair

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The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U.S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). In the article, Mrs. Bair argues that the development of a state-issued cryptocurrency could “reduc[e] the risk of financial crises” and “improv[e] monetary policy tools.” Also…

More Japanese Public Companies Entering the Crypto Space

More Japanese Public Companies Entering the Crypto Space

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Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Publicly traded companies in Japan are increasingly seeking to enter the crypto…

Crypto Manga – Comic Book Series to Spread Cryptocurrency Awareness

Crypto Manga – Comic Book Series to Spread Cryptocurrency Awareness

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The first issue of a crypto comic book series called Shonen Crypto has been released. Readers can learn about various aspects of cryptocurrencies as they follow the characters in this manga which aims to be both educational and entertaining. News.Bitcoin.com talked with the comic book’s Editor-in-Chief to learn more. Also read: Yahoo! Japan Confirms Entrance Into…

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

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In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies.…

Japan Set to Finally Reject a Cryptocurrency Exchange

Japan Set to Finally Reject a Cryptocurrency Exchange

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After approving 16 cryptocurrency exchanges, the Japanese financial regulator is reportedly set to reject a crypto exchange application for the first time. The applicant is an exchange which has been suspended twice from carrying out any crypto activities and received two business improvement orders. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space The First Rejection…

BTC City – Slovenia’s Largest Shopping Center to Become a ‘Genuine Bitcoin City’

BTC City – Slovenia’s Largest Shopping Center to Become a ‘Genuine Bitcoin City’

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Slovenia’s largest shopping destination is implementing strategies to become a “genuine Bitcoin City.” Coincidentally named BTC City already, the complex stretches 475,000 square meters and is filled with 500 retail stores. It was recently visited by the country’s prime minister who got acquainted with its bitcoin strategy. During his visit, the state secretary bought him…