News

Timely, comprehensive, professional, and accurate information and data to stay updated on the latest news about blockchain, cryptocurrency, and Bitcoin.

FAMEEX Hot Topics | US Congress Eyes Crypto Mining Energy Consumption Despite Sustainability Attempts
Crypto and Bitcoin mining operations continue to lock horns with US Congress over their energy consumption. Different reports in the US have raised environmental concerns. Now miners are changing their approach by taking the sustainability route. Extract from article of beincryptoDisclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-28 03:40:35
FAMEEX Morning Crypto News Recap | February 28, 2023
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securitieshttps://www.fameex.com/en-AU/news/crypto-trending-news-2023022801U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.”SEC served subpoena to Robinhood shortly after FTX debaclehttps://www.fameex.com/en-AU/news/crypto-trending-news-2023022802The U.S. Securities and Exchange Commission subpoenaed trading app and brokerage Robinhood over its cryptocurrency services, the company disclosed in an annual financial filing posted on Monday. Coinbase to Suspend Trading of BUSD Amid Regulatory CrackdownCryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD.Crypto in Conflict: How Crypto Fuels the Ukraine-Russia WarThe conflict has caused crypto to go mainstream in Ukraine, with central exchange traffic increasing by as much as 30% over the war.Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-28 03:20:40
FAMEEX Hot Topics | SEC served subpoena to Robinhood shortly after FTX debacle
To the extent that the SEC or a court determines that any cryptocurrencies supported by our platform are securities, that determination could prevent us from continuing to facilitate trading of those cryptocurrencies (including ceasing support for such cryptocurrencies on our platform), Robinhood said. Extract from article of theblockDisclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-28 02:16:15
FAMEEX Hot Topics | SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities
The SEC chairman was quoted as saying:Everything other than bitcoin … you can find a website, you can find a group of entrepreneurs, they might set up their legal entities in a tax haven offshore, they might have a foundation, they might lawyer it up to try to arbitrage and make it hard jurisdictionally or so forth.Extract from article of news.bitcoinDisclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-28 02:16:15
FAMEEX Afternoon Crypto News Recap | February 27, 2023
IMF lays out crypto action plan, recommends against legal tender statushttps://www.fameex.com/en-AU/news/crypto-trending-news-2023022703The International Monetary Fund has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a plea not to give cryptocurrencies such as bitcoin legal tender status.Locals on Edge About the Construction of a Crypto Miner Near McLouth, Kansas Most residents of McLouth, Kansas, reportedly criticized the potential construction of a cryptocurrency data center about a mile and a half north of the town. Their main concerns are that the facility will harm the local environment and be very loud. Are Russians using exchanges to evade sanctions?Reports have stated that Russians have been carrying out crypto transactions since the announcement of the sanctions on the country.Japan to launch pilot program for issuing digital yenThe widely expected move follows two years of experiments that the Bank of Japan (BOJ) has been conducting to decide whether to issue a CBDC, and moves Japan closer to issuing a digital yen in several more years.Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-27 09:41:45
FAMEEX Hot Topics | IMF lays out crypto action plan, recommends against legal tender status
The global lender of last resort said its Executive Board had discussed a paper, “Elements of Effective Policies for Crypto Assets,” that provided “guidance to IMF member countries on key elements of an appropriate policy response to crypto assets.”Extract from article of cyprus-mailDisclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-27 09:26:55
FAMEEX Morning Crypto News Recap | February 27, 2023
Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveilshttps://www.fameex.com/en-AU/news/crypto-trending-news-2023022701The two sides in the bitter conflict in Ukraine have been relying on crypto assets and technology to support their military and humanitarian activities, Elliptic says in a report. Billionaire 'Bond King' Jeffrey Gundlach Warns of 'Painful Outcomes' in Next Recessionhttps://www.fameex.com/en-AU/news/crypto-trending-news-2023022702Billionaire Jeffrey Gundlach, aka the “Bond King,” has warned of “painful outcomes that are coming in the next recession.” 39% of Ethereum supply is held by whales compared to Bitcoin’s 11%As of February 26, 2023, around 39% of the total supply of Ethereum is concentrated among large addresses, data by crypto market intelligence platform IntoTheBlock4 Russian Nationals Indicted in Running a $340 Million Crypto Ponzi SchemeThe US authorities alleged Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov – the founders of the dubious cryptocurrency investment platform Forsage – to have orchestrated a global pyramid scheme that conned investors with approximately $340 million.Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-27 02:44:30
FAMEEX Hot Topics | Ukraine Raises More Crypto Than Russia in Year of War, Analysis Unveils
According to the blockchain forensics company, the targeted nation has attracted more digital asset donations than the invading power.Ukraine Supporters Sent Over $212 Million in Cryptocurrency.Extract from article of news.bitcoinDisclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-27 02:44:30
FAMEEX Hot Topics | Billionaire Bond King Jeffrey Gundlach Warns of Painful Outcomes in Next Recession
Commenting on the Federal Reserve’s attempt to curb inflation, he cautioned: “The more you try to reduce the severity of problems, you’re going to end up ultimately having a very high severity problem.”Extract from article of news.bitcoinDisclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-27 01:50:05
FAMEEX Afternoon Crypto News Recap | February 24, 2023
New UKJT legal statement on digital securities under English lawhttps://www.fameex.com/en-AU/news/crypto-trending-news-2023022403Digital bonds, including those issued on a public blockchain, can be accommodated by English law, according to the UK Jurisdictional Taskforce in its brand-new legal statement. FM holds bilateral meetings with G20 ministers; pitches for global framework to regulate cryptocurrenciesBengaluru, Feb 23 (PTI) Finance minister Nirmala Sitharaman on Thursday underlined the need for a global framework to regulate cryptocurrencies besides firming up ways to tackle global debt vulnerabilities and strengthening multilateral development banks.US Bank Regulators Step Up Warnings on Crypto Market RisksThe top US banking regulators stepped up their warnings to banks on the liquidity risks tied to stablecoin-related reserves and other funding sources from crypto firms.Banks Are Still Allowed to Service the Crypto Industry, Clarifies Federal ReserveAmerica’s 3 federal bank regulators had a clarifying message for banking organizations on Thursday: servicing the crypto industry is neither illegal nor discouraged. Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
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2023-02-24 09:33:40