In brief Canadian financial intelligence unit FINTRAC revoked the registrations of 23 money services businesses offering crypto-related services Tuesday. Canada’s Finance Minister …
Crypto
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Markets
UK lawmakers urge ‘immediate moratorium’ on crypto political donations
by shayaanby shayaanThe committee highlighted that the fast payment traits of crypto, along with tools like mixers, tumblers, and AI-assisted splitting of payments below …
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Finance
Why this boring stablecoin stock is suddenly the hottest trade in crypto
by shayaanby shayaanShares of stablecoin issuer Circle (CRCL) have surged more than 100% over the past month, turning what many investors once viewed as …
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Smart Contracts
UK Panel Calls Crypto Donations ‘High Risk,’ Seeks Immediate Ban
by shayaanby shayaanIn short The joint committee called crypto donations an “unnecessarily and unacceptably high risk” and wants a binding moratorium to be included …
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DeFi
A Crypto Company Valued at $40 Million Announced a Partnership with a Surprise Altcoin
by shayaanby shayaanEverything, a prominent next-generation DeFi project in the cryptocurrency ecosystem, has announced a strategic partnership with Arbitrum for its latest funding round. …
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Markets
U.S. SEC issues first-ever definitions for what crypto assets are securities
by shayaanby shayaanThe U.S. Securities and Exchange Commission shared the informal guidance it’ll use to classify crypto securities alongside its sister agency overseeing commodities. …
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Finance
Crypto wealth manager Abra to list on Nasdaq in blockbuster $750 million merger
by shayaanby shayaanAbra, a digital asset wealth management platform, will transition into a publicly traded company through a merger with New Providence Acquisition Corp. …
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Scams
SEC Declares ‘Most Crypto Assets’ Not Securities, Including Staking, Airdrops and Bitcoin Mining
by shayaanby shayaanThe United States Securities and Exchange Commission issued broad guidance towards the cryptocurrency industry on Tuesday, with SEC Chair Paul Atkins declaring …
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Japan’s Financial Services Agency will dramatically tighten penalties for unlicensed cryptocurrency sales, Nikkei reported on March 16. Maximum prison terms will more …
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The head of the U.S. Securities and Exchange Commission, Gary Gensler, has called on lawmakers to move faster on crypto regulation. He …