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Russia Said to Allow Crypto Mining in Regions With Hydroelectric and Nuclear Power
29.9.2022
Cryptocurrency mining should be allowed in areas with excess energy and prohibited in those that experience deficits, according to Russian officials preparing to legalize it. An expert from the crypto industry has recently marked the regions where Moscow is likely to authorize mining and the ones...
WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’
29.9.2022
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed
French Central Banker Warns Complex Crypto Regulations Could Create ‘Uneven Playing Field’
29.9.2022
The governor of France’s central bank, François Villeroy de Galhau, has urged EU regulators to “avoid adopting diverging or contradictory regulations, or regulating too late.” He warned that “To do so would be to create an uneven playing field, risking arbitrage...
Fed Chair Jerome Powell Updates Work on Digital Dollar — Says US Central Bank Digital Currency Will Take ‘at Least a Couple of Years’
29.9.2022
Federal Reserve Chairman Jerome Powell says the U.S. central bank is looking at whether to issue a digital dollar with a “very broad scope.” He noted that the Fed is collaborating with Congress and the executive branch on whether to issue a central bank digital currency. Fed Chair...
Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Chairman Behnam Says
29.9.2022
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Thursday that CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin
US lawmakers propose amending cybersecurity bill to include crypto firms reporting potential threats
28.9.2022
Under the proposed amendment, the 2015 legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act
Israel, Norway and Sweden's central banks partner with BIS to explore CBDC
28.9.2022
The Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in Q1 2023
Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC Projects + More News
28.9.2022
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: Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims There Are ‘Structural Issues’ With Cryptocurrency
28.9.2022
Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing “structural issues” as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result....
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims
28.9.2022
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
Binance Seeks License to Reenter Japanese Crypto Market After Exiting 4 Years Ago: Report
28.9.2022
Crypto exchange Binance is reportedly seeking to reenter the Japanese crypto market. The company exited Japan four years ago after the country’s financial regulator warned that Binance was operating illegally without a license. Binance Wants Back in Japan Crypto exchange Binance is seeking...
Fed's Powell: DeFi needs appropriate regulation before expanding to retail
28.9.2022
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
28.9.2022
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell on Defi Regulation Federal Reserve Chairman Jerome...
'Time is not on our side' to provide regulatory clarity on crypto, says US lawmaker
27.9.2022
"We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves," said House Representative Josh Gottheimer
FCA green lights Revolut, making no UK crypto firms operating under temporary status
27.9.2022
Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March
California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables NFT Avatar Customization + More News
27.9.2022
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: California Governor Vetoes 'Premature' Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables...
Crypto Lender NEXO Faces Cease-and-Desist Order From California
27.9.2022
All-in-one cryptocurrency platform Nexo has received a cease-and-desist order in the U.S. state of California.
The desist-and-refrain order which was filed by California's Department of Financial Protection and Innovation (DFPI) alleges that Nexo has offered and sold "unqualified securities"...
Global Manhunt for Terra Luna Founder Do Kwon After Interpol Issues Red Notice
27.9.2022
The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued by South Korean authorities. The red notice enables South Korea to receive help from global...
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo
27.9.2022
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation...