British Prime Minister Jeremy Hunt has announced plans for cryptocurrency legislation. The government aims to pass legislation to formalize the Digital Securities Sandbox (DSS). DSS provides a controlled testing environment for encryption technologies and services. UK Chancellor of the Exchequer Jeremy Hunt announced legislative proposals for a Digital Securities Sandbox (DSS) in his mini-budget presentation on Wednesday in a move to boost the digital asset sector. As part of his autumn statement, Mr Hunt set out 110 measures to boost economic growth, including introducing a digital securities sandbox. Proposed Digital Securities Sandbox (DSS) The proposed legislation aims to foster the…
Author: Crypto Flexs
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John E. Deaton, cryptocurrency lawyer and amicus curiae in the SEC-Ripple lawsuit, recently responded to the X handle ‘@jungleincX’. A Twitter representative asked Deaton about the announcement he would make. In response to this, Deaton Posted His photos include ‘1) the photo below; XRPL; ETH ICO’. Because my friend Jungle asked. Here are 3 hints: 1) Photo below; 2) #XRPL; 3) #ETH ICO https://t.co/HFvva35m9n pic.twitter.com/VTyiKg91z4 — John E Deaton (@JohnEDeaton1) September 22, 2023 The tweet already made it clear what the announcement was, but a few hours ago, Deaton retweeted a post from former Ethereum network official Steven Nerayoff. presentation…
GetBlock RPC Provider Adds Base, zkSync, Linea, and Starknet as Black Friday Promotion Launches – Chainwire housenewsroomGetBlock RPC Provider Adds Base, zkSync, Linea, and Starknet as Black Friday Promotion Launches We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…
Last week, Bitcoin (BTC) closed at around $37,350, up 0.8% from the previous week’s closing price of $37,000. The BTC price opened with notable volatility on Tuesday, falling as low as $34,800, before making a strong recovery on Wednesday, reaching nearly $38,000. BTC then fell back to $36,000 on Thursday. There was an upward trend later in the week, with BTC ending the week around $37,350. BTC Dominance, which measures Bitcoin’s market capitalization compared to the entire digital asset market, rebounded after falling for two consecutive weeks and settled at about 52.6%. This represents a 0.3% increase compared to the…
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The U.S. Securities and Exchange Commission (SEC) has sued Payward Inc. and Payward Ventures Inc. (collectively Kraken) for operating a cryptocurrency trading platform without the required registration. The complaint filed in San Francisco alleges violations have occurred since September 2018. Kraken is accused of operating as an unregistered exchange, broker, dealer and clearinghouse and consolidating the roles of these entities without proper registration. This reportedly deprived investors of important protections, such as SEC scrutiny and conflict-of-interest safeguards. The SEC’s complaint outlines several concerns, including that Kraken provides a marketplace for trading securities and effectively operates as an exchange. Acts as…
Cryptocurrency exchange HTX, known as Huobi Global, said it would resume deposits and withdrawals within 24 hours after suffering a $30 million exploit on November 22. The exploit was reported to be worth $13.6 million at the time of the incident, but has since increased. value. In a statement, the exchange promised to “compensate in full for losses resulting from this attack and ensure 100% safety of user funds.” In addition, he said, “The amount of funds lost by Huobi HTX this time is a very small amount of the total funds on the platform,” and “HTX’s ‘normal operation’ was…
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join us telegram A channel to stay up to date on breaking news coverage The Binance Coin price prediction is consolidated in the form of a flag, like a bull above the upper border of the channel. Binance Coin prediction statistical data: Current Binance Coin Price – $262 Binance Coin market cap – $35.5 billion Binance Coin Circulating Volume – 151.6 million Binance Coin total supply – 151.6 million Binance Coin CoinMarketCap Ranking – 4th BNB/USD Market Main level: Resistance levels: $280, $290, $300 Support levels: $235, $225, $215 BNBUSD – daily chart BNB/USD bulls dominate the daily price chart…
Stablecoins invest in cryptocurrency mining, fake tweets re-move markets, Binance customer executives are kidnapped and robbed! This week we bring you these stories and more in cryptocurrency. Stablecoins move to Bitcoin mining Leading stablecoin issuer Tether is investing $500 million in its Bitcoin mining operations to become one of the world’s largest miners. The company is building mining facilities in Central and South America with ambitious plans to contribute 1% of Bitcoin’s overall network computing power. Tether disclosed a $3 billion cash surplus in its latest certification report. Bitcoin ETF decision expected to be delayed Amid growing expectations of approval,…