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Japan is losing its place as the world's gaming capital
22.10.2022
From regulation to taxation, Japan has been hostile to cryptocurrency gaming. That stance is threatening the country's position as a global leader in gaming
Amendment to UK financial services bill provides regulation for crypto activities
21.10.2022
The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes
Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank
21.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank
India Freezes Additional Bitcoin Amid Mobile Gaming App Investigation
21.10.2022
India’s Enforcement Directorate (ED) says it has frozen 44.5 more bitcoins as part of an ongoing money laundering investigation into mobile gaming app E-nuggets. The authority has already frozen nearly 86 bitcoins at crypto exchange Binance relating to the same investigation. India’s...
DeFi’s ‘Severe Threat’ Needs New Kind of Regulation, EU Commission Told
21.10.2022
The EU executive is seeking academic input as it turns its attention to decentralized finance based on software protocols
Japan to Relax Cryptocurrency Listing Rules
21.10.2022
The Japan Virtual and Crypto Assets Exchange Association (JVCEA) plans to allow crypto trading platforms to list coins without going through a lengthy screening process. “We hope the latest measure will help revitalize Japan’s crypto assets market,” said the vice chairman of...
'Well worth the fight' — Ripple counsel confirms Hinman docs are in their hands
21.10.2022
The truth will be shameful and shocking for the SEC according to Ripple boss Brad Garlinghouse
Sam Bankman-Fried faces flak for DeFi regulation
21.10.2022
Sam Bankman-Fried drew serious flak from stalwarts and individual players involved in the blockchain and cryptocurrency arena. However, this incident occurred post the declaration announcing a proposal, mentioning certain regulations to be attached to the functioning of DeFi. The entourage...
US regulator touts to ‘aggressively police' crypto in new report
21.10.2022
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’
21.10.2022
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest directly in crypto assets. “We’ve had four years of experience in regulating this...
JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy
21.10.2022
JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like bitcoin,...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product
20.10.2022
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Declaration of the crypto assets as financial products means crypto asset service providers...
Crypto News Summary: Celsius Faces US Federal 'Investigations', IRS Puts Crypto, NFT & Stablecoin in Digital Asset Category, HackNotice Accepts BTC, XMR
19.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Celsius Faces US Federal 'Investigations', IRS Puts Crypto, NFT & Stablecoin in Digital Asset...
EU Commissioner Urges US Lawmakers to Establish New Crypto Rules
19.10.2022
Mairead McGuinness, the European Commission’s commissioner for financial services, warned about the dangers that digital assets could pose to financial stability and called for US politicians to draw up new rules to govern the crypto industry....
Read More: EU Commissioner Urges US Lawmakers...
Prosecutors argue 'insider trading' claim in the OpenSea case is accurate
19.10.2022
Federal prosecutors have argued against a claim made by the former OpenSea product manager that the term “insider trading” is “inflammatory.”
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’
19.10.2022
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner....
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider
19.10.2022
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asset service provider. Societe Generale’s Subsidiary Registers as Digital Asset Service...
Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant, Interpol’s New Team
18.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Nuri Shuts Down, UK’s Pablo Escobar Banned from Crypto, Do Kwon Denies Seeing Arrest Warrant...
Fintech Bill Approved and Ready to Be Sanctioned in Chile
18.10.2022
A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the sector, the bill is directed...
India to Discuss Crypto During G20 Presidency to Establish Tech-Driven Regulatory Framework, Says Finance Minister
18.10.2022
India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven...