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    Tag: regulations

    crypto 1 2 2023 LearnCrypto Powered By Wyckoff SMI 2023

    FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations

    CoinDesk’s policy team predicts the issues and topics that may take center stage over the next 12 months. Can you believe this year started off…

    Karrie Butterfield January 2, 2023
    Crypto 7 22 2022 LearnCrypto Powered By Wyckoff SMI 2023

    SEC Calls 9 Cryptos ‘Securities’ in Insider Trading Case

    The SEC and DOJ brought insider trading charges against three people Thursday, but assertions cryptocurrencies are securities may hold greater implications. The U.S. Securities and…

    Karrie Butterfield July 22, 2022
    Binance 7 7 2021 LearnCrypto Powered By Wyckoff SMI 2023

    Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’

    “We are seeing wider adoption of cryptocurrencies globally and the need for clearer regulatory frameworks in different countries,” said CZ. Binance CEO Changpeng “CZ” Zhao…

    Karrie Butterfield July 7, 2021
    0 Comments
    crypto 9 27 2018 LearnCrypto Powered By Wyckoff SMI 2023

    SBI Ripple Asia Gets Green Light From Japanese Regulators For New App

    SBI Holdings, a Japanese company with major banking subsidiaries including SBI Securities, SBI FXTRADE, and SBI Virtual Currencies, has received the green light from Japanese…

    Karrie Butterfield September 27, 2018
    0 Comments
    crytpo and banks 8 24 2018 LearnCrypto Powered By Wyckoff SMI 2023

    BANK OF CENTRAL BANKS WANTS TO STOP CREATION OF CRYPTO

    The rise of Bitcoin and the blockchain industry has been accompanied by criticism, just like any other emerging tech sector. Such criticism was heard during the dawn of the…

    Karrie Butterfield August 24, 2018
    0 Comments
    regulation 7 23 2018 LearnCrypto Powered By Wyckoff SMI 2023

    G20 Ministers Say Cryptocurrencies Are Not a Threat to Global Financial Stability

    Central bank governors and finance ministers representing the G20 member countries convened for the international forum’s annual meeting held in Buenos Aires, Argentina on Sunday. Established in…

    Karrie Butterfield July 23, 2018
    0 Comments
    Blockchain 4 26 2018 2 LearnCrypto Powered By Wyckoff SMI 2023

    Comcast’s Venture Capital Arm Is Bullish On Bitcoin and Blockchain

    Gil Beyda, managing director of the venture capital (VC) arm of Comcast, appeared on CNBC today, April 26, with a bullish outlook for Bitcoin and real world applications…

    Karrie Butterfield April 26, 2018
    0 Comments
    Fintech LearnCrypto Powered By Wyckoff SMI 2023

    UK Financial Regulator Introduces Global Fintech Sandbox, ‘90%’ Success Rate Domestically

    Britain’s Financial Conduct Authority (FCA) is launching a global fintech regulatory sandbox, after the successful progress of their 2016 release of a UK sandbox, that allows for innovative fintech development…

    Karrie Butterfield March 19, 2018
    0 Comments
    China and crypto regulations LearnCrypto Powered By Wyckoff SMI 2023

    With China Tightening Regulations, Crypto-related Ads Reportedly Gone From Local Websites

    Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday,…

    Karrie Butterfield February 4, 2018
    0 Comments
    With China Tightening Regulations, Crypto-related Ads Reportedly Gone From Local Websites

    Forum Description

    Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

    The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings(ICOs), Chinese news site Sina reported.

    In September 2017, China banned both ICOs and cryptocurrency exchanges. Some of those businesses responding by relocating off the mainland to Hong Kong. Now, Sina reports, Chinese government plans to mitigate that by banning domestic and foreign “virtual currency exchange websites.”

    Meanwhile, the South China Morning Post news site reported that when the terms, in Chinese, “bitcoin,” “cryptocurrency,” and “ICO” were searched on Chinese search-engine Baidu and microblog Weibo, no obvious paid sponsored content came up alongside the expected organic results.

    While Baidu had stopped advertising cryptocurrency-related searches back in August 2016, it is unclear when they started allowing them again, and they have not confirmed any new crypto-based advertising block. Weibo has confirmed that they have banned cryptocurrency-related advertising.

    In a similar turn of events, Facebook banned ads of cryptocurrencies and ICOs last week, citing the large amount of fintech companies on Facebook’s platform that are “[not operating] in good faith.”

    Facebook’s decision to ban these ads was received favorably on the /r/Bitcoin sub-Reddit page, where users commented on the many scams they have seen for crypto on social media.

    In reference to scam Facebook ads, user erisiamk wrote,

    “Anyone who would actually buy because they were convinced by a Facebook ad will probably not research crypto properly and end up making more bad decisions and spreading more FUD.”

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