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Indian Advertising Watchdog Releases New Guidelines For Crypto Ads


  The Advertising Standards Council of India (ASCI) has released new guidelines for advertising virtual digital assets and related services in a bid to introduce industry standards.  The council said in a statement that the guidelines were developed following extensive consultation with relevant...

Germany-Led Group Wants a New EU Watchdog to Regulate Crypto Firms


  The European Union is planning to dote its planned anti-money laundering and terrorist financing watchdog with powers related to oversight over cryptoasset businesses, according to "people familiar with the matter." The designed authority is to be launched in 2024 and become fully operational...

Banks Are Looking Forward to DeFi Ahead of Regulation


Banks are not keen to wait for changing regulations before launching decentralized finance products to take advantage of cost savings. According to Sudhir Pai, Capgemini’s chief technology and innovation officer for financial services, the fast-paced developments in decentralized finance,...

UK Law Firm Gunnercooke Says It Now Accepts Crypto Payments


U.K. law firm, Gunnercooke, claims to be one of the first major law firms in the country to accept crypto payments. Crypto Asset Payments A United Kingdom-based commercial law firm, Gunnercooke, has become the latest practice to accept cryptocurrency as payment for services, a report has said....

Canadian Regulator Reports Coinbase, Kraken CEOs' Crypto Custody Tweets


  The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their...

Report: Chinese Customs Authority Confiscates 49 Old ASIC Antminers


Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs...

UK Police Return $5.4 Million to Cryptocurrency Fraud Victims


The U.K. police have returned over $5.4 million to victims of an international cryptocurrency scam. The police say that almost $10 million more will be returned to victims. So far, 127 more people have filed a claim to recoup their investments. Police Return Funds to Crypto Scam Victims...

More South Korean Crypto-to-Crypto Exchanges Hopeful of Making Fiat Returns


    A group of South Korean crypto exchanges could be granted permission to resume crypto-to-fiat trading after a breakthrough banking deal last week – but opinions differ on whether the 23 exchanges currently trapped in crypto-to-crypto purgatory will escape before they are overwhelmed...

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