Auto Added by WPeMatico

Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products

The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public…

Continue ReadingIndian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products

Stablecoin supplies and cash reserves in question amid crypto exodus

The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

Continue ReadingStablecoin supplies and cash reserves in question amid crypto exodus

Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions

Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with the country’s central bank.…

Continue ReadingIran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions

Former Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities

Former Federal Reserve chairman Ben Bernanke says the main use of bitcoin is “mostly for underground economy activities and often things that are illegal or illicit.” He added, “I don’t…

Continue ReadingFormer Fed Chair Bernanke: Bitcoin Is Mainly Used in Underground Economy for Illicit Activities

Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF

Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana,…

Continue ReadingGrayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF

Turkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe

A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority…

Continue ReadingTurkish Referee Flips Bitcoin at Istanbul Derby Kick-Off, Soccer Authority Launches Probe

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers…

Continue ReadingUK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC

Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should…

Continue ReadingVeteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC