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Bank of England and regulators assess crypto regulation in raft of new reports
25.3.2022
A bundle of interrelated documents remind financial institutions of their responsibilities and look at the state of crypto regulation in the U.K
Securities Regulators Cast Doubt on DeFi's Decentralization Claims
24.3.2022
International standard-setter IOSCO is skeptical about some of crypto’s main claims, and is setting up a new task force to investigate potential risks
UK Regulators Says Crypto Adoption Poses Financial Risk, Call for Additional Powers
24.3.2022
The regulators worry that international norms could come too late – and called for banks to exercise utmost caution when dealing with what it said were extremely volatile assets
Thailand Adopts Rules Restricting Cryptocurrency Payments From April
23.3.2022
Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only bring risks for the financial system, economy, people and businesses. Thailand SEC Issues...
UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFi
23.3.2022
Regulators in Ukraine, Russia Tell Banks to Block Certain Types of Crypto Transfers
21.3.2022
Banks on both sides of the Russia-Ukraine war are taking measures to restrict the flow of crypto funds overseas, with central banks keen to limit private citizens from making crypto-related cross-border transactions through banks....
Read More: Regulators in Ukraine, Russia Tell Banks to Block...
Binance tells regulators it will cease operations in Ontario... for real this time
18.3.2022
The crypto exchange admitted to operating in the province without registration after saying it would stop
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers
18.3.2022
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three...
EU Regulators Warn Consumers That Crypto Assets are 'Highly Risky'
17.3.2022
A group of the top financial EU regulators said that consumers must face the "very real possibility" of losing all their money if they buy crypto
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
16.3.2022
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across...
Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services
16.3.2022
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custodial services, and portfolio management to customers under the supervision of the Bahrain...
Regulators and industry leaders react to Biden‘s executive order on crypto
9.3.2022
"The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.," said Circle CEO Jeremy Allaire
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets
6.3.2022
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing...
Why NFT Profile Pics Matter to Investors – and Regulators
3.3.2022
NFT profile pictures, or PFPs, on social media signal ownership, membership status, and belonging – but when profit enters the equation, lawyers and regulators have questions
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
3.3.2022
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could...
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users
2.3.2022
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving...
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
1.3.2022
“The new charter will enable us to provide secure, reliable and efficient investment, trading, and custodian services for a wide range of digital assets," said SFOX co-founder Akbar Thobhani
India Unveils Guidelines for Crypto Advertising
25.2.2022
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.”...
First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall
25.2.2022
Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000
Are Crypto Investors Savvy or Suckers? The UK’s Tax and Financial Regulators Don’t Agree
24.2.2022
The two agencies' differing opinions are impeding the development of comprehensive guidelines that would protect investors and ensure crypto's development