FCA to Add 80 People in Crackdown on 'Problem Firms' – Crypto News
The extra staff will help the regulator strengthen its efforts to crack down on companies that fail to meet standards. Source link
Chinese internet giants remove NFT platforms fearing gov’t crackdown – Crypto News
China's leading social media platforms and internet giants have updated their policy to restrict or remove nonfungible token (NFT) platforms, citing a lack of regulatory clarity and fearing government crackdown.Chinese social media giant WeChat reportedly removed several digital collectible platform accounts for violations
UK financial watchdog seeks crypto talent amid new crackdown – Crypto News
The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate the industry.According to FCA’s job postings on LinkedIn, the authority is now hunting for a head
Neo users explain why they’ve held on to the project despite China’s heavy crypto crackdown – Crypto News
It's been a wild ride for Neo investors in the past few years, especially as China began to incrementally introduce harsher crypto regulations applicable to the project, which has been dubbed by some as "Ethereum of China." But despite the odds, the community appears to
Bitcoin Hashrate Approaches Full Recovery From China Crackdown – Crypto News
But “even after that adjustment, mining is still so profitable that everyone and their grandma will want to plug in their machines as fast as possible,” Mellerud said. “It definitely looks like the hashrate will hit an all-time high before the new year,
Some Chinese Crypto News Sites Appear to Go Dark As Crackdown Continues – Crypto News
Chinese crypto news sites ChainNews, Odaily, and information platform Block123, were inaccessible on Wednesday, as the Chinese government continues to crack down on the crypto industry.ChainNews posted its Telegram account on its Twitter on Nov. 15, saying it would be offline for 8-10
Huobi Group is moving to Gibraltar following China crackdown – Crypto News
Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown.According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading