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Pro-crypto senator Cynthia Lummis discloses up-to-$100K BTC purchase

United States Senator Cynthia Lummis, a Republican from Wyoming, has discovered that she bought Bitcoin (BTC) really well worth between $50,001 and $100,000 on Aug. 16, in step with files filed on Thursday. The disclosure became a part of the Stop Trading on Congressional Knowledge Act, or STOCK Act,...

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Robinhood launches 24/7 phone support, crypto users included

Popular buying and selling app Robinhood introduced Tuesday that it has released round the clock telecellsmartphone aid to higher serve its ever-developing userbase, inclusive of the tens of thousands and thousands of customers who’ve signed as much as get admission to cryptocurrency investments. Users of the app will now...

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US lawmaker proposes safe harbor for digital tokens in new bill

North Carolina House Representative Patrick McHenry has proposed a invoice that could amend one of the legal guidelines governing america Securities and Exchange Commission (SEC) to offer a secure harbor for positive token initiatives. In a draft of the “Clarity for Digital Tokens Act of 2021,” furnished via way...

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America’s fifth-largest bank launches crypto custody service — Report

U.S. Bank, the fifth-biggest retail financial institution withinside the United States, introduced Tuesday that it’s far launching a cryptocurrency custody carrier for institutional traders, doubtlessly placing the degree for wider mainstream attractiveness of virtual assets. As CNBC reported, U.S. Bank has partnered with New York Digital Investment Group, or...

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Circle reveals cooperation in ongoing SEC investigation

Circle, the organization in the back of the world’s second-biggest stablecoin USD Coin, has been subpoenaed with the aid of using the U.S. Securities and Exchange Commission (SEC). According to an Oct. four regulatory submitting from Circle, the SEC issued an “investigative subpoena” from its Enforcement Division in July....

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Korean crypto exchange Upbit to halt withdrawals for unverified users

South Korean cryptocurrency change Upbit will quickly halt offerings for unverified customers. On Saturday, the business enterprise formally introduced a hard and fast of adjustments to its consumer verification device in compliance with South Korea’s obligatory Anti-Money Laundering (AML) requirements. According to the declaration, Upbit will begin regularly proscribing...

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BitOasis crypto exchange to help Dubai Police spread fraud awareness

BitOasis, a cryptocurrency alternate from the United Arab Emirates, has partnered with the Dubai Police Force to elevate attention approximately frauds associated with crypto funding and trades. The alternate’s partnership with the Dubai Police is meant to assist construct guidelines with a purpose to make crypto secure for traders...

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Brazil aims to tighten penalties for crypto-related financial crimes

Brazilian lawmakers are operating to offer stricter policies for cryptocurrency-associated crimes, approving a fixed of recent consequences for laundering cash with crypto. Brazil’s Special Committee of the Chamber of Deputies has accredited a invoice that appreciably tightens consequences for economic crimes that hire cryptocurrencies like Bitcoin (BTC), in keeping...

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