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US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
3.10.2022
The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens
Push to Enhance CFTC’s Crypto Watchdog Role Gets a Boost in US Congress
22.9.2022
Congress’ attempt to make the Commodity Futures Trading Commission (CFTC) the primary U.S. cryptocurrency regulator took a procedural step forward on Thursday, with a House lawmaker introducing a bill supporting a parallel effort in the Senate
S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report
22.9.2022
South Korea's financial watchdog found that since June there have been $7.2 billion abnormal foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday
Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns
19.9.2022
The U.K. Financial Conduct Authority warned Sam Bankman-Fried's firm may be providing financial services or products to local customers without its authorization
CFTC Already Preparing to Be Crypto Watchdog, Benham Tells US Senators
15.9.2022
Agency is “right regulator” to oversee digital assets trading, CFTC chairman testifies at a hearing of the Senate Agriculture Committee
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill
11.9.2022
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including...
China to Crack Down on Copyright Infringement Through NFTs
10.9.2022
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments....
UK advertising watchdog cites 2 former reality stars for crypto ads on Instagram stories
7.9.2022
The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements
US Bank Watchdog Says He’s Not Budging on Crypto Distrust
7.9.2022
U.S. regulators have largely fenced off the banking system from heavy involvement in the crypto industry, and that’s a status that the acting head of the Office of the Comptroller of the Currency intends to maintain
NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited
5.9.2022
Rug Pull Finder's NFT contract was abused to allow two scammers to mint 450 NFTs instead of one per wallet
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
2.9.2022
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter...
Korean financial watchdog to block tens of unregistered exchange websites
18.8.2022
Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country
South Korea's Money Laundering Watchdog Flags 16 Crypto Firms for Operating Without Registration
18.8.2022
Crypto exchanges KuCoin and Poloniex are among the foreign firms accused of conducting "illegal business activities."
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
16.8.2022
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC)....
19 celebrities called out by consumer watchdog group for shilling NFTs
16.8.2022
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area "rife with deception."
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
12.8.2022
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail...
South Korea's financial watchdog wants to 'quickly' review crypto legislation: Report
11.8.2022
The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection, and market stability" on bills proposed
South Korea's Financial Watchdog to Expedite New Crypto Rules: Report
11.8.2022
The head of the country's Financial Services Commission said 13 bills related to virtual assets are to be debated in parliament, a local news outlet reported
Kazakhstan Investigates Crypto Mining Hotel Allegedly Operating as Ponzi Scheme
10.8.2022
Authorities in Kazakhstan have launched an investigation into a mining hotel business suspected of being a crypto pyramid as part of an ongoing crackdown on illegal activities linked to cryptocurrencies. The platform, called Bincloud, lured investors through popular messaging apps. Bincloud...