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UK Digital Bank Kroo to Ban Crypto Transactions Effective May 30

29.5.2024
UK-based digital bank Kroo noted that it would “freeze or restrict accounts” used to purchase or trade in crypto The post UK Digital Bank Kroo to Ban Crypto Transactions Effective May 30 appeared first on Cryptonews

Thailand Set to Block Access to Unlicensed Crypto Platforms

22.4.2024
Thailand is poised to restrict access to unauthorized crypto platforms. The move is driven by concerns over law enforcement effectiveness and the potential for money laundering. The post Thailand Set to Block Access to Unlicensed Crypto Platforms appeared first on Cryptonews

Arkansas State House Passes Bills for Potential Crypto Mining Restrictions

18.4.2024
The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state, while six other proposals failed to garner enough votes for advancement. The post Arkansas State House Passes Bills for Potential Crypto Mining Restrictions appeared first...

Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

15.4.2024
Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said

Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief

20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...

Nigeria Asks Telcom Firms to Restrict Access to Binance, Coinbase Websites – Here’s Why

22.2.2024
Crypto exchange behemoths are facing serious scrutiny in Nigeria, as the country aims to clampdown crypto transactions. The government has directed telcoms to prevent access to crypto websites such as Binance, Coinbase and OctaFX. The post Nigeria Asks Telcom Firms to Restrict Access to Binance...

Canadian Regulator Proposes Rules for Crypto-Centric Public Investment Funds

19.1.2024
Source: Pixabay The Canadian Securities Administration (CSA), the country’s securities watchdog, has proposed new regulatory requirements for public investment funds that looks to invest in crypto assets. In a report released Thursday, the regulator announced certain rules that would restrict...

‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution

7.1.2024
On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow...

South Korea Proposes Ban on Crypto Purchases with Credit Cards

4.1.2024
Source: Pixabay / viarami South Korea’s Financial Services Commission (FSC) has announced a proposal to amend its Enforcement Decree of the Credit-Specialized Financial Business Act, aiming to ban crypto purchases with credit cards. The proposed amendment plans to restrict the use of credit...

75 US Lawmakers Now Support CBDC Anti-Surveillance Bill

2.1.2024
Congressman Tom Emmer’s CBDC Anti-Surveillance State Act now has 75 cosponsors. “A central bank digital currency is government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil and restrict Americans’ transactions,”...

SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director

30.12.2023
A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it would not hold out for long since publicly listed...

CZ challenges US gov't attempt to restrict travel before sentencing date

25.11.2023
Former Binance CEO Changpeng "CZ" Zhao has contested the U.S. Department of Justice's assertions that he is a flight risk and may not return before his sentencing next year

Singapore to restrict retail crypto speculation with new rules

24.11.2023
According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and the fear of missing out (FOMO) on good returns

US Prosecutors Urge Court to Keep Binance’s Ex-CEO in the Country Amid Flight Risk Concerns

24.11.2023
In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024. Justice Department Seeks...

Hong Kong Regulators Restrict Retail Investor Access to ‘Complex’ Crypto Products

23.10.2023
The securities regulator and the central banking institution of Hong Kong have updated the region’s crypto policy in response to enquiries from the industry. In a circular on the virtual asset-related activities of intermediaries, the authorities introduced additional measures to protect retail...

DOJ Clamps Down on SBF’s Regulatory Loophole Defense Amid Ongoing Fraud Trial

4.10.2023
The Department of Justice (DOJ) has asked the judge in Sam Bankman-Fried’s (SBF) criminal case to restrict several planned defense arguments about financial regulations. Prosecutors said in a new court filing that SBF should not be allowed to claim he’s innocent because cryptocurrency...