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SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme
9.1.2022
The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection...
Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance
8.1.2022
Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed....
What should the crypto industry expect from regulators in 2022? Experts answer, Part 1
8.1.2022
Blockchain industry insiders answer: What were the main crypto regulatory milestones in 2021, and what should be expected in 2022?
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
8.1.2022
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the move have argued that this push is unlikely to succeed because many of the investors have already been reimbursed part...
CEO of Mirror Trading International Bitcoin Ponzi Scheme Arrested in Brazil
8.1.2022
Johann Steynberg, the wanted CEO of Mirror Trading International was recently arrested by Brazilian law enforcement after he was caught using a fake document. The arrest, which took place in the country’s Goiás province, was carried out by the Brazilian military police. Fake...
Cryptocurrency Worth $435 Million Seized by 12 UK Police Forces in Five Years
8.1.2022
U.K. police have revealed how much cryptocurrency they have seized in the past five years in response to Freedom of Information requests. The London Metropolitan Police seized more bitcoins than other police boroughs. UK Police Reveal Information About Seized Crypto Twelve of the U.K.’s...
Institutional Investors Say SEC Having More Power to Regulate Crypto Will Boost Prices
8.1.2022
Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted. What Institutional...
Report: Illicit Crypto Addresses Received $14 Billion in 2021, Only 0.15% of Transaction Volume Associated With Crime
8.1.2022
According to the latest data from Chainalysis, the total cryptocurrency value received by illicit addresses grew to a new all-time high of $14 billion in 2021. Although the new all-time high is almost twice the $7.8 billion that was recorded in 2020, it represents just 0.15% of the 2021...
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors
8.1.2022
The threat of stablecoin regulation and USDT and USDC centralization are making decentralized stablecoins like MIM, FRAX and UST attractive to DeFi investors
President Biden sends CFTC nominations to Senate
7.1.2022
With the addition of Caroline Pham’s and Summer Mersinger’s names sent to the Senate for confirmation, the U.S. president has the opportunity to completely reshape the CFTC leadership
UK lawmakers form crypto advocacy group for parliament: report
7.1.2022
“We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the group's chairperson and MP Lisa Cameron
5 Key Trends to Watch in 2022 According to Grayscale CEO
7.1.2022
In the year ahead and beyond, the crypto world will continue to see infrastructure development, proliferation of protocols, expansion of the metaverse, evolution of non-fungible tokens (NFTs), as well as increased regulation, according to Michael Sonnenshein, CEO of major digital asset...
Time to ‘Resolve All Crypto Issues’ Says Russian Parliament
7.1.2022
Russia’s parliament, the State Duma, has said that it wants to “resolve all legal issues with cryptocurrency” – by defining legal terms for cryptoassets, mining, and more. And the chief architect of crypto-related legislation in the country has noted that it is time for miners to start paying...
Report: Pakistan Likely to Earn Billions From Cryptocurrency
6.1.2022
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves...
NYC mayor getting paid in Bitcoin suggests buying the dip
6.1.2022
Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948
Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
6.1.2022
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: Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News
Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot
6.1.2022
ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime...
El Salvador Drafts 20 Bills for Legal Structure of Bitcoin Bonds — Funds to Be Used to Build Bitcoin City, Buy BTC
6.1.2022
El Salvador is preparing to introduce 20 bills to provide a legal framework for its upcoming bitcoin bonds. The funds raised will be used to build infrastructure for Bitcoin City and buy more bitcoin, the Salvadoran government explained. El Salvador Drafting Legal Framework for Bitcoin Bonds...
Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
5.1.2022
Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals....
Read More: Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report
5.1.2022
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation