Search
Researchers question what 'trustless' actually means for blockchain
27.10.2020
Blockchain allegedly eliminates the need for trust — but how far is this notion actually true, or helpful?
South African Regulator Raids Home of Key Members of an Alleged Crypto Ponzi Scheme
27.10.2020
A South African regulator along with the country’s police have reportedly seized electronics devices and computers belonging to two principal members of Mirror Trading International (MTI), an alleged bitcoin Ponzi scheme. The raid at Clynton and Cheri Marks’ home on October 26...
Why Wyoming’s Governor Supports the State’s Crypto Banking Law
26.10.2020
Keeping Wyoming's lead in crypto banking is a priority of the state's top elected official, Gov. Mark Gordon
How US authorities are using old AML tools to crack down on crypto
24.10.2020
With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it's time to look at how U.S. AML law is shifting to cope with crypto
Cybercrime task force monitoring the global digital financial system
24.10.2020
Regulators are addressing the growing threat of transnational cybercrimes in the financial industry
China Drafts Law to Legalize Digital Yuan, Outlawing Competitors
24.10.2020
China’s central bank, the People’s Bank of China (PBOC), has drafted a law to legalize the digital yuan and outlaw digital currencies issued by anyone else competing with it. Meanwhile, the central bank has been cracking down on gambling sites that use the stablecoin tether. China...
US AML watchdog wants info on all international crypto transactions over $250
23.10.2020
The proposed change would cut down FinCEN's longstanding $3,000 threshold
Law Decoded: Government sandboxes, test beds and crypto compromises
23.10.2020
These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but is certainly some kind of progress
Proposed Chinese Law Outlaws All Yuan-Pegged Tokens – Except for Its CBDC
23.10.2020
The new version will essentially also clear the way for the digital yuan to be the one and only official yuan-pegged token in mainland China
P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders
23.10.2020
Asian cryptocurrency exchange Okex says peer to peer trading is now open but the freeze on withdrawals remains in effect. In an update, Okex CEO Jay Hao reveals that buying cryptocurrency via the fiat gateway is now active as well but he fails to give a timeframe for the resumption of withdrawals....
US crypto derivatives merchants need to leave customer funds alone, says CFTC
21.10.2020
The CFTC has issued new guidance for crypto derivatives markets that hold customer funds, much of which boils down to "be very, very careful."
SEC sees $5M victory in case against Kik
21.10.2020
The outlook is grim for the Canadian messaging app as it loses $5 million over its ICO for Kin tokens
Hackers Donate Bitcoin From Ransomware Attacks to Charities
21.10.2020
A group of hackers has donated some of the bitcoin it extorted via ransomware attacks to charities, claiming that it wants to “make the world a better place.” However, the law says donations from ill-gotten gains must be rejected but charities have no way of returning donated bitcoin...
Abramoff-linked crypto firm says SEC has no case against it
21.10.2020
Participants of a $5.6 million token sale did not expect a return on investment, the NAC Foundation argued
US financial watchdog fines early Bitcoin mixer $60M for money laundering
19.10.2020
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations
Swiss gov’t starts consultation process for blockchain laws
19.10.2020
The Swiss government will enforce new blockchain laws in less than a year
Understanding the EU’s 6AMLD and the risk to your business
18.10.2020
The changes brought about by 6AMLD will affect a lot of businesses, but there is still time to prepare for new rules
Coinbase Received 1,900 Requests for Client Info From Law Enforcement During First Half of 2020
17.10.2020
Coinbase has revealed that it received a total of 1,914 requests for customer data from global law enforcement agencies during the first six months of 2020. It is, however, not clear how many of the requests were fulfilled. In its first so-called“transparency report” published Friday...
Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
16.10.2020
Talk of CBDCs and Facebook's Libra headlined this week's policy news, as international organizations weigh in on both
Okex Halts Withdrawals Due to ‘Out of Touch’ Private Key Holder, Founder Star Xu Talks With Police
16.10.2020
The digital currency exchange Okex disabled cryptocurrency withdrawals on Friday morning and explained that funds were “safe and not affected.” Following the withdrawal announcement, regional reports claim that Okex’s founder Mingxing “Star” Xu was taken away by...