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Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
25.8.2022
Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped citing problems and scams
Brazil’s Senate Seeking to Hire Crypto and Blockchain Experts to Advise It on Policy
25.8.2022
The Brazilian Senate wants to recruit experts with advanced knowledge of cryptoassets and blockchain technology – likely in a bid to help it better form legislation for the nation’s fledgeling crypto industry....
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Report: East African Single Currency Unlikely to Be Introduced by 2024
25.8.2022
There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment...
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
25.8.2022
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s...
BitBoy Crypto Says He’s Dropping Defamation Suit Against Fellow YouTuber
24.8.2022
Crypto Lender Voyager Can Pay Employees 'Retention' Bonuses, US Judge Rules
24.8.2022
Judge Michael Wiles also agreed to withhold the names and titles of the employees who may receive the bonuses
Law Society of England and Wales Tells Members to Be Wary of Bitcoin Use in Transactions
24.8.2022
The professional association compared bitcoin to cash in response to a query from one of its members and flagged the possibility of it being used for money laundering
Alleged Tornado Developer Pertsev Must Stay In Jail, Dutch Judge Rules
24.8.2022
Pertsev’s arrest for involvement in the now-sanctioned crypto mixer generated consternation in the Web3 community
Crypto Prices Are Fanned by Flawed Economics and Conspiracy Theories; CBDCs Are Immune: Bank of Finland Governor
24.8.2022
While making a case for digital euro, Bank of Finland governor Olli Rehn said that CBDCs won't be subject to price volatility of private cryptos
Crypto Booster Bond Loses Primary Bid for New York Congressional Seat
24.8.2022
Michelle Bond – one of the most prominent cryptocurrency advocates in this year’s U.S. congressional races – lost her bid to be the Republican candidate for her New York district
Miami Trio Charged With Defrauding Banks and Crypto Exchange of Over $4M
23.8.2022
The DOJ has been cracking down on crypto-related scams as lawmakers become more vocal about illicit activity in the space
Crypto Banks Are One Step Closer to Reality Under New Fed Guidance
23.8.2022
The Federal Reserve published guidance detailing how crypto banks can secure master account access, something several have wanted for over a year. While the guidance stops short of true transparency, potential applicants now have a roadmap of sorts they can follow, while the Fed has indicated that...
US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
23.8.2022
U.S Congressman Tom Emmer (R-Minn.) asked the Treasury Department's Office of Foreign Asset Control (OFAC) to explain its sanctioning of privacy mixer Tornado Cash
RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report
23.8.2022
The central bank has maintained banning cryptocurrency is the most suitable choice for India
No Safety Net From Crypto Collapses, German Regulator Warns
23.8.2022
BaFin has toughened its warnings about consumers potentially losing all their money invested in crypto because they are unprotected, unlike holdings with regulated banks
Coinbase Faces Class Action Lawsuit Over Alleged Lapses in Security
23.8.2022
A class action lawsuit filed in a Georgia court alleges the crypto exchange failed to secure users' accounts against theft and hacks, and seeks damages upwards of $5 million
Former CFTC Chair: Here's How SEC and CFTC Can Work Together to Regulate Crypto
22.8.2022
The governing committee “might be a way to develop standards for this market,” former CFTC Chairman Timothy Massad said on CoinDesk TV’s “First Mover.”
South Korea Plans to Tax Crypto Airdrop Recipients: Report
22.8.2022
South Korea’s Ministry of Economy and Finance has said crypto airdrops could be subjected to a gift tax of between 10% and 50%
Australia to Use 'Token Mapping' as Framework for Crypto Regulation
22.8.2022
Australia has come up with a plan to frame regulation and protect investors in the face of an avalanche of advertising. The plan is to "token map" all cryptocurrencies to uncover the characteristics of all digital asset tokens in Australia including charting the type of crypto asset, its underlying...
Arrest of Tornado Cash Developer Draws Dutch Crypto Community Protest
21.8.2022
After the detention of Alexey Pertsev, campaigners worry holding developers accountable for malicious use of code could have a dangerous, chilling effect