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Treasury attempts to squeeze further crypto-related data sharing provisions in budget bill: Roll Call
31.8.2021
Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams
Anthony Scaramucci: $100K per BTC by year-end is still within reach
31.8.2021
Exponential monthly growth in demand should propel Bitcoin to $100,000 by the end of 2021, according to the CEO of SkyBridge Capital, Anthony Scaramucci
South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’
30.8.2021
The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as he prefers to call them, are not currencies because they fail to meet...
ECB Vice President States Crypto Should Be Regulated Like Other Assets
30.8.2021
European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in a presentation given as part of the summer courses offered by the European Parliament, where De Guindos declared...
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
30.8.2021
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The crypto community disagrees. IMF Claims Bitcoin Is Privately Issued Crypto With...
Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US
30.8.2021
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC or the Securities and Exchange Commission (SEC). “There has often been a grossly inaccurate...
FBI Helps to Train Nigerian Crypto Crime Investigators
29.8.2021
The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria (USMN) has said. The exercise saw over 50 Nigerian investigators and prosecutors participate....
SEC Wins Judgment Against Actor Steven Seagal After He Ignores Court Order to Settle Crypto Fraud Case
28.8.2021
The U.S. Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to pay the agreed sum to settle the crypto fraud case he was involved in. Seagal, now living in Russia, has been ignoring the SEC’s attempts to contact him. Steven Seagal...
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
27.8.2021
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang
The new episode of crypto regulation: The Empire Strikes Back
27.8.2021
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready
Binance lawsuit: Claimants mount up in arbitration for decentralization
27.8.2021
Binance processes around $25 billion worth of cryptocurrency trades daily and has seen over $2 trillion move through its exchange to date
Charles Hoskinson responds to criticism over Cardano’s Confirm partnership
27.8.2021
Weiss Crypto, the subsidiary of financial ratings firm Weiss Ratings slammed Cardano’s partnership with Confirm, describing it as a “bad move all around.”
'Don't kill crypto' billboard goes up in Alabama in advance of House tackling infrastructure
26.8.2021
"We want members of Congress to know that we'll be watching them and that we won't let them hide from their positions on this," said Evan Greer
Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset
26.8.2021
A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international...
UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements
26.8.2021
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is...
US Treasury Assures Crypto Requirements in Infrastructure Bill Won’t Target Non-Brokers Even Without Amendment
25.8.2021
Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended. The official added that crypto advocates’ fears are unwarranted. Treasury Official Says...
Let’s be clear: Blockchain technology is infrastructure
25.8.2021
With continued dialogue between the blockchain industry and the U.S. Congress, there is still hope that regulatory legislation will arrive at a mutually beneficial resolution
CFTC commissioner says agency has broad enforcement authority on crypto derivatives
23.8.2021
"A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority," said Dawn Stump
El Salvador president announces infrastructure already being built ahead of country's Bitcoin adoption
23.8.2021
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7
Iran to lift Bitcoin mining ban in September
23.8.2021
Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months