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US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
18.2.2022
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering cartels and undermines U.S. interests,” said a U.S. senator. US Concerned...
Biden expected to issue executive order on crypto and CBDCs next week: Report
18.2.2022
Both President Barack Obama and the previous administration issued executive orders related to digital assets
US State Wants to Lead in Crypto Acceptance — Colorado to Accept Crypto for Tax Payments This Summer
18.2.2022
The U.S. state of Colorado is preparing to accept cryptocurrency for tax payments, said Governor Jared Polis. “We expect to accept crypto by this summer,” he said, adding that after tax payments, crypto will be accepted for other things like driver’s licenses or hunting...
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank
17.2.2022
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto...
Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading
17.2.2022
In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...
SEC chair hints at no spot Bitcoin ETFs yet, but cites 'careful consideration' for future
17.2.2022
Gary Gensler reiterated his stance of being technology-neutral, but that he would give “careful consideration” to the concerns Representatives Tom Emmer and Darren Soto raised
FBI is launching team to address crypto exploitation: US Deputy Attorney General
17.2.2022
“The currency might be virtual, but the message to companies is concrete: if you report to us, we can follow the money and not only help you, but hopefully prevent the next victim," said Lisa Monaco
FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News
17.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FBI Crypto Unit, Sequoia Doubles Down on Tokens, Universal Music NFTs + More News
Binance stopped 'all activities focused on Israel' following regulatory request: Report
17.2.2022
"Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority
Late Drama Threatens to Disrupt Russian Crypto Regulation Plans
17.2.2022
Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped....
Read More: Late Drama Threatens...
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
17.2.2022
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining...
Flower powered: Bitcoin miner heats greenhouses in the Netherlands
17.2.2022
A greenhouse in the Netherlands warmed with Bitcoin miner waste heat brings new meaning to the word "Dutch oven."
The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities
17.2.2022
The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated in the country. DAOs Will Be Allowed to Register as Legal Entities The Republic of the Marshall...
UAE reportedly plans to issue federal crypto license for VASPs
17.2.2022
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018
US Senators Call for El Salvador Bitcoin Adoption Probe, Bukele Responds with ‘OK Boomer’ Barb
17.2.2022
Weeks after memeing the International Monetary Fund (IMF), El Salvador’s outspoken President Nayib Bukele has upped his Twitter game by responding “OK boomers” to a group of United States senators moving to block his bitcoin (BTC) adoption plans....
Read More: US Senators Call for El Salvador...
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
17.2.2022
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with...
JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto
17.2.2022
A globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large customers, said a JPMorgan executive. “We need a globally consistent regulatory framework. It’s important that we get to a solution as quickly...
SEC v. Ripple: Here’s how two 2012 memos can turn the tide in the milestone crypto case
16.2.2022
We will soon know if Ripple’s executives were warned of the possibility of an SEC lawsuit ahead of XRP’s launch
SEC Scrutinizing Crypto Exchange Binance US — Chair Gensler Stresses ‘Basic Investor Protection’
16.2.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly scrutinizing the U.S. arm of cryptocurrency exchange Binance over trading firms with links to Binance CEO Changpeng Zhao. SEC Chairman Gary Gensler emphasizes the need for “basic investor protection” in the crypto space....
Colorado governor says he expects state to accept tax payments in crypto by summer
16.2.2022
The governor added that paying taxes in crypto was likely just the first step, with using digital asset payments for certain licenses to follow "within a few months."