Government of Canada will unlock accounts and cryptocurrency wallets of the “Convoy of Freedom”

Cryptocurrency NewsBy 25/02/2022

Canadian Prime Minister Justin Trudeau has repealed the Emergency Situations Act, introduced last week to deal with the Freedom Convoy protest group. As Justin Trudeau stated in a press release, “the situation is no longer an emergency and existing laws and regulations are sufficient.” Isabelle Jacques, Assistant Deputy Treasury Secretary of Canada, told a parliamentary committee that “financial institutions are unfreezing accounts and the vast majority of accounts.” Recall that earlier the Royal Canadian Mounted…

The FBI is looking for a software provider to track cryptocurrency transactions

Cryptocurrency NewsBy 24/02/2022

The US Federal Bureau of Investigation is looking for a private provider of analytics software to track crypto transactions related to illegal activities. As part of the contract, the FBI is looking for a private provider of analytical software that can provide access to the relevant tool and ensure the integration of this software with the department’s systems. The contract with the supplier is planned to be concluded on March 25 this year. The term…

Мexican congresswoman proposed to legalize bitcoin in the country

Cryptocurrency NewsBy 24/02/2022

Senator Indira Kempis of the Mexican state of Nuevo Leon suggested that Mexico follow the example of El Salvador and accept bitcoin as a means of payment. Indira Kempis, a member of the opposition Movimiento Ciudadano (Civil Movement) party, believes that bitcoin has many advantages and can benefit people who do not have bank accounts. She said that she had already consulted with people who understand this crypto asset, and now intends to use her…

Brazilian Senate Committee approved the bill on the regulation of cryptocurrencies

Cryptocurrency NewsBy 23/02/2022

The Brazilian Senate Committee on Economic Affairs approved a bill defining the supervisory authorities that will be responsible for regulating the cryptocurrency industry in the country. The bill, introduced by Senator Flávio Arns, was approved by the Brazilian Senate Committee on Economic Affairs on February 22. Now the bill must pass a vote in the plenary session of the Senate, and if approved by the Brazilian Chamber of Deputies, sent for approval to the country’s…

Indian Regulator published recommendations on advertising cryptocurrencies in the country

Cryptocurrency NewsBy 23/02/2022

The Advertising Standards Board of India has published guidelines for advertising digital assets in the country after consulting with the government and stakeholders. According to the Advertising Standards Council of India (ASCI) document, print advertisements for cryptoassets must contain a disclaimer. This disclaimer must occupy at least 1/5 of the size of the advertisement, and must be printed in an easily readable font on a plain background. In audio advertisements for cryptoassets, the disclaimer must…

Italy will oblige foreign cryptocurrency companies to create a branch or “daughter” to provide services in the country

Cryptocurrency NewsBy 22/02/2022

The Italian Ministry of Economy and Finance has introduced new rules for cryptocurrency companies in the country aimed at combating money laundering (AML). According to the local official Gazzetta Ufficiale, the regulation lists all registration and reporting requirements for Virtual Asset Service Providers (VASPs). According to the document, if a company offers services related to cryptocurrencies in the country, it must register in a special register of VASPs approved in Italy. The new rules were…

Manchester City FC will build a home stadium for the Etihad in the metaverse

Cryptocurrency NewsBy 22/02/2022

Manchester City Football Club has partnered with tech giant Sony to create a digital map of the Etihad’s home stadium and build a virtual replica of it in the metaverse. The reigning English Premier League winner has announced that he has signed a three-year deal with Sony Hawk-Eye to build the world’s first football stadium in the metaverse. With the help of virtual reality experts from Sony, Manchester City FC will create a digital map…

Over 30 OpenSea users lost ETH and NFT due to phishing attack

Cryptocurrency NewsBy 21/02/2022

NFT trading platform OpenSea reported that amid the migration of NFTs to a new smart contract, a hacker allegedly stole $1.7 million worth of Ethereum and NFTs. The OpenSea marketplace said on Feb. 19 that it was investigating a series of Twitter messages posted by concerned platform users about an exploit on smart contracts on the OpenSea platform. “We are actively investigating rumors of an exploit related to OpenSea smart contracts. This appears to be…

Wyoming State Parliament will consider issuing government stablecoins

Cryptocurrency NewsBy 21/02/2022

A bill has been submitted to the Wyoming State Legislature that would allow the state treasury to issue stablecoins pegged to the US dollar. Last week, an initiative group of deputies introduced the Wyoming Stable Tokens (SF0106) bill to the Wyoming Legislature for consideration. If passed, the bill would allow the state treasury to issue dollar-pegged stablecoins. Caitlin Long, CEO of Wyoming-listed Avanti Bank&Trust, believes the state’s stablecoins can legally act as “municipal bonds that…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 20/02/2022

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

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