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CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
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Crypto firms to see more enforcement actions within 2 years — CFTC chair
6.5.2024
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation
Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
2.5.2024
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report
Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts
1.5.2024
The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your...
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
26.4.2024
A recent FBI announcement urging Americans not to use unlicensed money-transmitting services misses “a great deal of nuance” about how crypto services operate, says Piper Alderman Partner Michael Bacina
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
24.4.2024
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past
New crypto users shouldn’t ‘rush into DeFi’ — Security firms
24.4.2024
Hacken’s Luciano Ciattaglia said that new crypto users should not immediately jump into decentralized finance or decentralized exchanges
Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry
23.4.2024
The Hong Kong Securities & Futures Professionals Association (HKSFPA) has advocated establishing a self-regulatory committee within the city's crypto firms to enhance compliance monitoring.
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Australian lawmakers and TradFi firms haven’t adopted crypto: Coinbase APAC MD
22.4.2024
According to Coinbase’s APAC managing director, John O’Loghlen, Australia is ready for its next wave of cryptocurrency “unicorns”—startups valued at $1 billion or more—but not until there is greater regulatory certainty surrounding the industry. John O’Loghlen told...
FBI, Europol Say Akira Ransomware Has Drained $42M from 250 Firms
19.4.2024
Akira, a ransomware group, has drained $42 million from 250 firms since March 2023, said the Federal Bureau of Investigation (FBI), Europol, CISA, Europol’s European Cybercrime Centre (EC3), and the Netherlands’ National Cyber Security Centre (NCSC-NL) in a joint statement.
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DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
18.4.2024
Crypto Service Providers in Canada Must Report Transfers, Customer Data By 2027
17.4.2024
Crypto firms in Canada will soon face increased disclosure obligations, per regulations introduced in Tuesday's 2024 federal budget.
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Coinbase Advertises Bitcoin Halving In New Commercial
16.4.2024
The halving is making an excellent Bitcoin sales pitch for many industry firms, including Coinbase.
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Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
15.4.2024
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way...
Australian Crypto Mining Companies Collapse into Liquidation Owing 450 Investors
12.4.2024
ASIC launched civil proceedings against three crypto mining firms, collectively known as NGS Companies, including its directors.
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Crypto Exchange Luno Receives License From South Africa’s Financial Regulator
11.4.2024
Cryptocurrency exchange Luno is one of the first firms to receive a license from the Financial Services Conduct Authority (FSCA) in South Africa, allowing the exchange to operate as a financial services provider in the country.
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Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms
11.4.2024
While Dubai's regulatory rules were broadly welcomed, some firms worried about the expense
Luno Among First Crypto Firms to Receive South Africa License
11.4.2024
Regulators in the country have said they plan to authorize up to 60 digital asset firms by April
Pompliano, Ex-Journo Melinek Spin Up 'Token Relations' Startup for Blockchain Firms
9.4.2024
The media startup will offer a "third bucket" of information to crypto startups' stakeholders
Russian Fintech Startups Join Digital Ruble Pilot
8.4.2024
Russian fintech firms have begun joining the country’s rapidly progressing digital ruble pilot as the Central Bank looks to widen the scope of its CBDC project.
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