Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance.
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Wirex halts UK signups after consultation with financial regulator
Wirex has temporarily halted signing up new U.K. customers following what it called ” constructive dialogue” with the Financial Conduct Authority.
Russia’s money laundering watchdog monitoring crypto to ruble transactions
Rosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions involving the conversion of crypto to rubles.
Blockchain.com raises $300M in crypto industry’s third-largest capital raise
The investment round was led by DST Global, Lightspeed Venture Partners and VY Capital and gave Blockchain.com a $5.2 billion valuation.
Most asset managers still in ?education mode? on crypto, says Fidelity
Michael Derbin, head of Fidelity Institutional, says that while some wealth managers are by now ” sophisticated” and ” comfortable” with crypto, many others are still playing catch up.
Vitalik Buterin: NFTs can be a social good, not just a casino for rich celebrities
There’s little social value in helping make Elon Musk another $1 million in the NFT market, but the technology can still be put to good use, says Ethereum’s Vitalik Buterin.
Hermes Network launches zk-rollups on Ethereum mainnet to process cheap payments
Hermez users will be able to transact with ETH, USDT, WBTC on a scalable layer-two network.
Bitcoin tackles $56K as Tesla ‚Elon candle‘ hits days before record options expiry
Elon Musk is „astutely aware“ of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses.
South Korea faces strict crypto regulation and fears of centralization
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country.
Tesla confirms Bitcoin hodl strategy as new report says BTC should ‚comfortably‘ hit $100K
Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000.