“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram.
Government News
Led by people in various positions of power, governments create and enforce different laws and guidelines. Governments across the world vary significantly in terms of approach, procedures, laws, etc. Government news today often becomes public online — different in form from the newsstands of yesterday.
Government cryptocurrency overwatch has increased over the years since Bitcoin’s launch in 2009. The U.S. government, in particular, has enforced a number of regulations in the crypto industry. Other governments have also taken various steps toward regulating the digital asset space. Additionally, talk of government-backed cryptocurrency, called central bank digital currency, or CBDC, has surfaced among government world news.
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Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin.
6101The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility.
3845China's regulatory policies toward crypto used to be a major factor in market activity.
6886Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said.
12385It’s time to give control over personal data in megadatabases managed by a handful of corporations and governments back to the people.
11988The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets.
8346The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases.
6468The “Clarity for Digital Tokens Act of 2021” bill seemingly builds on an initiative from SEC commissioner Hester Peirce, who has called for creating a safe harbor for projects that raise funds to build decentralized networks.
5558Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week.
3612The famous whistleblower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.”
9813While Bitcoin is the most recognizable digital asset, it’s just one asset class among many that are here to evolve financial services globally.
22720The new policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption.
15923China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner.
10529How may the $1 trillion infrastructure bill impact the thriving DeFi ecosystem and crypto community at large?
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