Search
US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC’s SDN List
8.8.2022
On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as the hacking syndicate known as Lazarus Group. OFAC Sanctions Tornado Cash...
Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data
3.8.2022
The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches...
Singaporean financial watchdog to consult public on stablecoin regulation
2.8.2022
The financial regulator admits it’s high time to shift the focus from the KYC/AML issues to more nuanced risks, poised by stablecoins
European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space
28.7.2022
Europe’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets it’s...
Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says
24.7.2022
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not...
Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website
23.7.2022
Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From...
Singapore's financial watchdog pushes back against Terra and 3AC associations
19.7.2022
According to the MAS managing director, TerraForm Labs, Luna Foundation Guard and Vauld were “not licensed or regulated" by Singapore's financial watchdog
Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation
18.7.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,”...
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
14.7.2022
“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules are there to help provide certainty," said Nikhil Rathi
Former Crypto Adviser Michael Barr Confirmed as Top US Financial Watchdog
13.7.2022
Michael Barr, a former Ripple adviser, is set to assume one of the most important U.S. regulatory roles after winning Senate confirmation to be vice chairman for supervision at the Federal Reserve
G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October
12.7.2022
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October...
Global Financial Watchdog FSB to Propose Crypto Regulations in October
11.7.2022
The Financial Stability Board plans to produce recommendations for the regulation of stablecoins and other crypto assets to the intergovernmental forum, G-20
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
10.7.2022
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial...
Hong Kong securities regulator CEO to lead UK financial watchdog
8.7.2022
Ashley Alder said the FCA would help “chart the UK’s post-Brexit future as a global financial centre which continues to support innovation and competition."
Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet
7.7.2022
Russia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available...
Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested
6.7.2022
U.S. officials who are personally invested in cryptocurrencies are now disqualified from working on crypto-related policy and regulation that could impact the value of their assets
Singapore's financial watchdog considers further restrictions on crypto
4.7.2022
The Monetary Authority of Singapore may consider “placing limits on retail participation” for investors, as well as introduce rules on the use of leverage for crypto transactions
Russian Media Censor Roskomnadzor Blocks Major Crypto News Website
4.7.2022
Bits.media, a leading news outlet in Russia’s crypto space, has been blocked by Russia’s telecom and mass media watchdog, Roskomnadzor. The site is now inaccessible through most Russian internet providers, the online edition announced, stating it intends to contest the measure....
Global Anti-Money Laundering Watchdog Presses Countries, Crypto Exchanges to Implement Key Requirement Faster
1.7.2022
The Financial Action Task Force (FATF) is intensifying its pressure on virtual asset service providers (VASPs) and countries to accelerate the implementation of its rules on digital assets, as only a quarter of responding jurisdictions are currently making efforts to pass legislation to implement...
EU Watchdog Wants to Address Threat Crypto Assets Could One Day Pose to Financial System
30.6.2022
The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system