What’s new in China’s crackdown on crypto?
Ten Chinese agencies, including the central bank and banking, securities and foreign exchange regulators, have vowed to work together to root out “illegal” cryptocurrency activity.
Category: Commentaries
Evergrande’s impact on Bitcoin highlights how cryptos still have growing pains
One would think that with Bitcoin’s price going down, again, it is getting more difficult to mine — its hashrate increased for a fifth consecutive week — miners would be looking to get rid of the Bitcoin in their coffers as well.
Regulators frown as crypto players move into banking
These platforms fall into somewhat of a gray area. Since they are not classified as banks or lending institutions, they are outside the reach of the Federal Reserve or the Office of the Comptroller of the Currency
Binance battles regulatory headwinds as world’s largest cryptocurrency exchange seeks financial legitimacy
Binance has made efforts to embrace best governance practices, but it has faced challenges