Many companies operating with cryptocurrencies are not meeting anti-money laundering regulations, the U.K.’s Financial Conduct Authority revealed. The government agency has extended its temporary registration scheme after facing a growing number of crypto firms that are withdrawing their applications. FCA Extends Temporary Registrations Regime Till End of March 2022 The Financial Conduct Authority (FCA) announced Thursday it’s extending the end […]

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. Could green miners get a pass? Last week’s column had a look at the recent crackdown on cryptocurrency miners as China heads towards a more carbon-neutral policy. This […]

Cboe Global Markets, a leading global market operator and trading solutions provider, published today its trading volumes report for May 2021. The operator saw a spike in the average daily volume (ADV) on index options, with 2 million contracts traded, up 14% from the previous month and up 33% from the same period last year. According to the official figures, […]

Wayne Lin, CEO at Axia8 Ventures, joins PARSIQ advisory board as another strong advisor. As per the announcement, Lin will serve as the Strategic Advisor to PARSIQ. While commenting on the new position, Wayne Lin explained:  “PARSIQ is the engine driving on-chain data. Axia8 Ventures and my decision to work with PARSIQ in-depth derived from the countless endorsements from clients using […]

Daymak – a Canadian electric vehicle manufacturer – is planning a new car that will allegedly mine bitcoin and cryptocurrencies while charging. The vehicle is already set for pre-order and will be available to customers beginning in the year 2023. Daymak Is Bringing Cars and Crypto Together The new model will be known as the Avvenire Spiritus and will be […]

Financial industry veteran Lisa Pollina has resigned as Non-Executive Director from the IG Group, a spread betting and CFDs provider, after being appointed in March 2021. According to a notification from the London Stock Exchange, the IG Group Holdings PLC released the official announcement, stating it has received the notice from Pollina. “The Board of IG Group Holdings plc (the […]

Ethereum has seen some recovery in the past days, after the crypto market experienced one of its worst months since March 2020. At the time of writing, the second cryptocurrency by market cap trades at $2,823. A recent report published by Bloomberg Intelligence’s Senior Commodity Strategist, Mike McGlone, claims that ETH is on a “higher-beta bull market path”. McGlone believes […]

On Thursday (June 3), crypto exchange FTX launched continued demonstrating word-class execution by launching two exciting new perpetual futures products: “MVDA10-PERP” and “MVDA25-PERP“. These two products are based on the MVIS CryptoCompare Digital Assets 10 Index (ticker: MVDA10) and MVIS CryptoCompare Digital Assets 25 Index (ticker: MVDA25) respectively, which were licensed from VanEck subsidiary MV Index Solutions GmbH (MVIS®) and CryptoCompare. MVDA10 and MVDA25 […]

Bitcoin price just saw the worst high timeframe correction in years, falling sharping by 50% and instilling fear across the market. The turn in sentiment has everyone guessing where the now bearish cryptocurrency could fall to, but according to past cycles, it could get a lot worse before it gets better. Here’s more on why Bitcoin price could fall back […]