crypto regulations
Top Articles from Mayowa
Spanish banks faced with uncertainty as they race to comply with crypto regulations
Regulation News
Spanish banks faced with uncertainty as they race to comply with crypto regulations
Regulation News

Crypto regulations for Spanish banks might be unnecessary

Spanish banks are gearing up in preparation for the upcoming crypto regulations. But in line with the regulations, the Bank of Spain must first put together, a list of virtual assets service providers by October 29. Now, this in itself would naturally not be a major challenge, but for the bogus nature of the whole

Spanish banks are gearing up in preparation for the upcoming crypto regulations. But in line with the regulations, the Bank of Spain must first put together, a list of virtual assets service providers by October 29. Now, this in itself would naturally not be a major challenge, but for the bogus nature of the whole

JP Morgan
Bitcoin News
JP Morgan
Bitcoin News

JP Morgan CEO Says Bitcoin ($BTC) is “Worthless,” Here’s Why he is Wrong Again

JP Morgan’s CEO Jamie Dimon is not a big Bitcoin fan and he has made it known over the years and his skepticism continues despite $BTC reaching new highs. Dimon is among the very few skeptics who have maintained his disliking towards $BTC throughout, first, he called it a bubble and predicted it would burst. 

JP Morgan’s CEO Jamie Dimon is not a big Bitcoin fan and he has made it known over the years and his skepticism continues despite $BTC reaching new highs. Dimon is among the very few skeptics who have maintained his disliking towards $BTC throughout, first, he called it a bubble and predicted it would burst. 

ECB
News
ECB
News

Breaking: European Central Bank’s Villeroy Calls For Faster Crypto Regulations

European Central Bank (ECB) governing council member Villeroy de Galhau has called for faster adoption of crypto regulations. The statement came amid the growing crypto market which looks set to get back to its Pre-May market crash levels very soon. Villeroy who has been a big advocate for banks and CBDC in general believes the

European Central Bank (ECB) governing council member Villeroy de Galhau has called for faster adoption of crypto regulations. The statement came amid the growing crypto market which looks set to get back to its Pre-May market crash levels very soon. Villeroy who has been a big advocate for banks and CBDC in general believes the

jerome powell address
Altcoin News
jerome powell address
Altcoin News

US Lawmakers Want to Know Powell’s Plans to Support Crypto

As many as 7 lawmakers from the United States Congress have sent an open letter to the Federal Reserve Chairman, Jerome Powell, demanding to know how the American apex bank aims to support innovations bordering on digital currencies. Spearheaded by Reps Tom Emmer, Ted Budd, Ro Khanna, Darren Soto, Frank Lucas, Glenn “GT” Thompson, and

As many as 7 lawmakers from the United States Congress have sent an open letter to the Federal Reserve Chairman, Jerome Powell, demanding to know how the American apex bank aims to support innovations bordering on digital currencies. Spearheaded by Reps Tom Emmer, Ted Budd, Ro Khanna, Darren Soto, Frank Lucas, Glenn “GT” Thompson, and

SEC chief
INTERVIEWS
SEC chief
INTERVIEWS

SEC Chief Gensler Demands Additional Powers From Congress To Fully Regulate Crypto

SEC Chairman Gary Gensler said Tuesday that the Commission will regulate the crypto marketplace to its best extent. The chief regulator demanded additional resources from Congress to oversee and fill up the voids prevailing in the crypto market. The United States Securities and Exchange Commission (SEC) Chief Gary Gensler called the crypto marketplace ‘full of

SEC Chairman Gary Gensler said Tuesday that the Commission will regulate the crypto marketplace to its best extent. The chief regulator demanded additional resources from Congress to oversee and fill up the voids prevailing in the crypto market. The United States Securities and Exchange Commission (SEC) Chief Gary Gensler called the crypto marketplace ‘full of

Bitcoin News
Bitcoin News

Breaking: Sen.Warren says ‘Digital Currency’ can help where banks have failed

Senator Elizabeth Warren who is a known crypto critic appeared on CNBC to talk about regulations around the digital asset market. During her interview she said digital currencies in a way can help where major banks have failed in all these years. Warren was talking about how digital currencies can help bank the unbanked. “One

Senator Elizabeth Warren who is a known crypto critic appeared on CNBC to talk about regulations around the digital asset market. During her interview she said digital currencies in a way can help where major banks have failed in all these years. Warren was talking about how digital currencies can help bank the unbanked. “One

japan FSA
News
japan FSA
News

After U.S, Now Japan Calls for Strong Regulations of Stablecoins

In a fresh development, Japanese regulators are now stepping up efforts to regulate digital currencies, especially stablecoins. In exclusive coverage, Reuters reports that the Japanese government is closely watching the sharp growth of the crypto market and remains worried about its impact on the country’s financial system. Tokyo wants to engage with global financial regulators

In a fresh development, Japanese regulators are now stepping up efforts to regulate digital currencies, especially stablecoins. In exclusive coverage, Reuters reports that the Japanese government is closely watching the sharp growth of the crypto market and remains worried about its impact on the country’s financial system. Tokyo wants to engage with global financial regulators

Altcoin News
Altcoin News

BoE Deputy Governor says crypto is not a ‘financial stability risk’

Bank of England’s Deputy Governor Jon Cunliffe commented on crypto’s market status, saying it is not a financial stability risk as it does not pose relevant competition to the traditional markets, yet. He agreed with and appreciated crypto’s exponential growth however he clarified that it cannot beat the regulated market and he does not see

Bank of England’s Deputy Governor Jon Cunliffe commented on crypto’s market status, saying it is not a financial stability risk as it does not pose relevant competition to the traditional markets, yet. He agreed with and appreciated crypto’s exponential growth however he clarified that it cannot beat the regulated market and he does not see

Altcoin News
Altcoin News

TikTok Bans Crypto Influencers Amid Rising Scams

TikTok has joined the defensive forces against crypto due to the concern of rising financial scams. It has announced an updated branded content policy to halt the advertisement of financial services and products worldwide. The short video application has banned all financial promotions by influencers on the platform, be it cryptocurrencies, share trading, pyramid schemes,

TikTok has joined the defensive forces against crypto due to the concern of rising financial scams. It has announced an updated branded content policy to halt the advertisement of financial services and products worldwide. The short video application has banned all financial promotions by influencers on the platform, be it cryptocurrencies, share trading, pyramid schemes,

Bitcoin News
Bitcoin News

US Sen.Warren Calls Upon SEC Chair Gary Gensler to Regulate Crypto Market

Elizabeth Warren, the US Democratic senator, and a known Bitcoin critic has written to the Securities and Exchange Commission (SEC) head Gary Gensler, raising concerns over the lack of regulations in the crypto market. Senator Warren warned about the growing risks associated with the “highly opaque and volatile” crypto market. Senator Warren highlighted that despite

Elizabeth Warren, the US Democratic senator, and a known Bitcoin critic has written to the Securities and Exchange Commission (SEC) head Gary Gensler, raising concerns over the lack of regulations in the crypto market. Senator Warren warned about the growing risks associated with the “highly opaque and volatile” crypto market. Senator Warren highlighted that despite

Coinbase
News
Coinbase
News

Breaking: Coinbase ($COIN) Gets Greenlight to Offer Crypto Custody Service in Germany

Coinbase Inc. ($COIN), the top cryptocurrency exchange based out of New York has got German regulator clearance to offer crypto custody services. The news was broken by Bloomberg correspondent Walter Brandimarte. The approval from the chief regulatory body would allow Coinbase to act as a custodian for other crypto offering businesses and services. *COINBASE GETS

Coinbase Inc. ($COIN), the top cryptocurrency exchange based out of New York has got German regulator clearance to offer crypto custody services. The news was broken by Bloomberg correspondent Walter Brandimarte. The approval from the chief regulatory body would allow Coinbase to act as a custodian for other crypto offering businesses and services. *COINBASE GETS

RIpple Lawsuit
Bitcoin News
RIpple Lawsuit
Bitcoin News

SEC Leaves Bitcoin out of 2021 Regulatory Agenda, Will Bitcoin ETF Take a Backseat?

The US Securities and Exchange Commission (SEC) seems to have no plans of regulating Bitcoin and the crypto market this year. The 2021 Regulatory Agenda released by the top regulatory body has left out any mention of Bitcoin or crypto assets. A change in administration along with the growing adoption of Bitcoin this year gave

The US Securities and Exchange Commission (SEC) seems to have no plans of regulating Bitcoin and the crypto market this year. The 2021 Regulatory Agenda released by the top regulatory body has left out any mention of Bitcoin or crypto assets. A change in administration along with the growing adoption of Bitcoin this year gave

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Allianz Chief Economic Advisor Says Elon Musk has a Huge Influence on Bitcoin Adoption

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC’s Squawk Box, where he talked about Fed’s recent meeting, Bitcoin and Elon Musk. The chief economic advisor said Bitcoin is currently in a tug-of-war between regulation and adoption. He said Elon Musk, the Tesla CEO has

Mohamed A. El-Erian, the chief economic advisor for Allianz, an asset management and insurance firm recently appeared on CNBC’s Squawk Box, where he talked about Fed’s recent meeting, Bitcoin and Elon Musk. The chief economic advisor said Bitcoin is currently in a tug-of-war between regulation and adoption. He said Elon Musk, the Tesla CEO has

News
News

Thailand Issue Outright Ban on NFTs and Meme Coins Amid Crypto Crackdown

In a major crackdown on the new-age cryptocurrencies, the Thai Securities and Exchange Commission (SEC) has banned all local exchanges from trading exchange-issued tokens, meme coins, fan-based tokens, and other non-fungible tokens (NFTs). The regulatory action basically targets mem coins like Dogecoin (DOGE) which started as a joke cryptocurrency and has recently driven major frenzy

In a major crackdown on the new-age cryptocurrencies, the Thai Securities and Exchange Commission (SEC) has banned all local exchanges from trading exchange-issued tokens, meme coins, fan-based tokens, and other non-fungible tokens (NFTs). The regulatory action basically targets mem coins like Dogecoin (DOGE) which started as a joke cryptocurrency and has recently driven major frenzy

India
Bitcoin News
India
Bitcoin News

India May Classify Bitcoin as an Asset Class: Sources

The Indian crypto regulations are yet to be finalized, but sources familiar with the matter suggested that the top regulatory body in the country may classify it as an asset class, reported The Economic Times.  The news comes just a day after El Salvador, a small Central American nation passed a bill to make Bitcoin

The Indian crypto regulations are yet to be finalized, but sources familiar with the matter suggested that the top regulatory body in the country may classify it as an asset class, reported The Economic Times.  The news comes just a day after El Salvador, a small Central American nation passed a bill to make Bitcoin

FCA
News
FCA
News

Crypto Firms in UK Fail to Comply by New AML Guidelines, FCA Extends Deadline

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

The chief financial regulatory body of the United Kingdom revealed a majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The new regulatory policy set by the Financial Conduct Authority (FCA) would only offer operating licenses to those crypto

News
News

British Bank NatWest Launches Crypto Scam Alert for Mobile App Users

In a major development, British Westminster Bank NatWest has come to the rescue of crypto investors. In order to protect investors from dubious crypto schemes and crypto scams, NatWest has launched an ‘urgent’ crypto scam alert for its mobile app users. Users of the NatWest mobile app will be directed to a warning scheme in

In a major development, British Westminster Bank NatWest has come to the rescue of crypto investors. In order to protect investors from dubious crypto schemes and crypto scams, NatWest has launched an ‘urgent’ crypto scam alert for its mobile app users. Users of the NatWest mobile app will be directed to a warning scheme in

SEC chief
News
SEC chief
News

SEC Chief Set to Focus on Tighter Regulations Around Cryptocurrencies

Gary Gensler, the new US Securities, and Exchange Commission (SEC) chief in a Wednesday remark for the House Appropriations Committee subcommittee noted that the cryptocurrency market poses significant policy and investor protection questions, indicating the need for tighter regulations. He said, “I look forward to working with fellow regulators and with Congress to fill in

Gary Gensler, the new US Securities, and Exchange Commission (SEC) chief in a Wednesday remark for the House Appropriations Committee subcommittee noted that the cryptocurrency market poses significant policy and investor protection questions, indicating the need for tighter regulations. He said, “I look forward to working with fellow regulators and with Congress to fill in

Bybit
News
Bybit
News

Just-In: Bybit to Close All Chinese Mobile Phone Accounts by June 15

Bybit, a popular crypto derivatives exchange that originated from China has announced it would be terminating all accounts registered with a Chinese phone number by June 15. The platform has already banned Chinese IP address last year and the decision to remove all accounts associated with a Chinese phone number seems to be in light

Bybit, a popular crypto derivatives exchange that originated from China has announced it would be terminating all accounts registered with a Chinese phone number by June 15. The platform has already banned Chinese IP address last year and the decision to remove all accounts associated with a Chinese phone number seems to be in light

Hong Kong FSTB
News
Hong Kong FSTB
News

Hong Kong’s FSTB Proposes to Restrict Crypto Trading for Retail Traders

The Financial Service and the Treasury Bureau (FSTB) of Hong Kong today proposed to ban crypto trading services for retail traders and require a crypto license for exchanges to operate in the country. The new proposal would only allow professional traders with a portfolio of HK$8 million ($1.03 million) to avail any crypto trading services.

The Financial Service and the Treasury Bureau (FSTB) of Hong Kong today proposed to ban crypto trading services for retail traders and require a crypto license for exchanges to operate in the country. The new proposal would only allow professional traders with a portfolio of HK$8 million ($1.03 million) to avail any crypto trading services.