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Gary Gensler Quietly Sets Aggressive Crypto Crackdown in Motion Before Leaving, Warns Former SEC Official
6.12.2024
SEC Chair Gary Gensler is orchestrating a last-minute push to cement aggressive crypto enforcement, with secret promotions signaling a looming regulatory crackdown despite leadership changes. Former SEC Official Warns of Crypto Crackdown Despite Incoming Pro-Crypto Chair John Reed Stark, former...
Australia to crack down on crypto ATM providers, citing money laundering risk
6.12.2024
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime
Crypto industry execs approve of Trump’s pick to lead SEC
5.12.2024
Executives from Bitwise, Ripple, and Coinbase voiced their support for former SEC commissioner Paul Atkins to lead the agency after Gary Gensler’s departure
Circle Commits to Updated Canadian Stablecoin Regulatory Requirements
5.12.2024
The updated rules were introduced last year and outline several requirements for crypto exchanges and stablecoin issuers. USDC Issuer Circle Claims It Was First to Comply With Canada’s Interim Listing Rules Stablecoin issuer Circle, whose flagship product USDC has a current market capitalization...
Australian Regulator Seeks Public Input on Crypto-Asset Regulations
5.12.2024
The Australian Securities and Investments Commission (ASIC) is seeking public input on various issues, including the application of existing regulations to digital assets. A Well-Regulated Financial System for All The ASIC has released a consultation paper proposing updates to Information Sheet...
NYC mayor gloats about Bitcoin holdings: ‘Who’s laughing now?’
4.12.2024
Mayor Eric Adams, who took office in 2022, announced after his election victory that he would accept his first three paychecks in Bitcoin
Crypto Boom Ahead? Trump’s SEC Chair Pick Points to New Era for Digital Assets
4.12.2024
Donald Trump has nominated pro-crypto Paul Atkins as SEC chair, signaling a strong shift toward innovation-friendly policies and a transformative era for digital assets. Crypto-Friendly Policies in the Works? Trump’s SEC Pick Signals Major Shift U.S. President-elect Donald Trump announced Wednesday...
IcomTech promoter sentenced to 10 years in prison
4.12.2024
The judge ordered David Brend to report to a federal prison in Florida by Dec. 16 to serve his 120-month sentence
South Korea Vows to Crack Down on Crypto Money Laundering
4.12.2024
South Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South Korea‘s financial services industry regulator recently vowed to crack down on those who...
Alex Mashinsky to plead guilty to two charges in plea deal
3.12.2024
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023
Kalshi gives Paul Atkins 93% odds to be Trump’s SEC Chair pick despite mixed reports
3.12.2024
At the time of publication, the incoming administration had not made any official announcement regarding its pick for SEC chair
BTC/KRW pair dipped 30% as South Korea’s president declared martial law
3.12.2024
In response to the martial law declaration, opposition Democratic Party leader Lee Jae-myung expressed concern that the military would arrest members of South Korea’s parliament
Arkansas Republican French Hill Vows to ‘Fully Investigate Operation Choke Point 2.0’
3.12.2024
The congressman recently unveiled a plan that proposes revamping current banking legislation. Alleged Debanking of The Crypto Industry Continues to Garner Attention Rep. French Hill (R) of Arkansas who currently serves as vice chairman of the House Financial Services Committee and as chairman...
Coinbase axes plans to expand into Turkey
2.12.2024
The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government
Changpeng Zhao says he ‘wouldn’t mind a pardon’ from Donald Trump
2.12.2024
The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities
Coinbase CEO Calls D.O.G.E to Address AML Regulation Failure
2.12.2024
Coinbase CEO Brian Armstrong has commented on the sorry state of anti-money laundering (AML) regulation and its ineffectiveness in preventing crime. In social media, Armstrong highlighted the poor performance of these regulations, stating these constituted a “police failure.” Linking...
Dubai Police Teams Up With Crystal Intelligence to Tackle Crypto Crime
1.12.2024
Dubai Police has partnered with blockchain analytics firm Crystal Intelligence and virtual asset broker-dealer Bitoasis to enhance security and combat economic crimes in the digital asset space. Making Dubai the ‘Safest City in the World’ Blockchain analytics firm Crystal Intelligence...
SEC Expected to Drop Ripple-XRP Lawsuit: Ex-Regulator Foresees Crypto-Friendly Shift
1.12.2024
Former CFTC Chair boldly predicts the SEC will drop its Ripple lawsuit, heralding a regulatory shift that could ignite a major rally for XRP. Former CFTC Chair Bets SEC Will Drop Ripple-XRP Lawsuit Under Incoming Crypto-Friendly Admin Former U.S. Commodity Futures Trading Commission (CFTC) Chair...
'Government has become addicted to indirect regulation' — Ripple CTO
30.11.2024
In a recent Joe Rogan interview, Mark Andreesen revealed that the debanking of tech firms caused the Silicon Valley shift toward Trump
Japanese Regulator Issues Warning Letters to 5 Unregistered Crypto Exchanges
30.11.2024
Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning...