Search
US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
1.7.2021
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that...
House committee reviews cryptocurrency risks, regulations in hearing
30.6.2021
A panel of expert witnesses and members of congress discussed the risks and rewards of cryptocurrency in committee Wednesday
FINRA orders Robinhood to pay $70M due in part to 'significant harm' platform caused users
30.6.2021
Regulators said the trading app should pay restitution to users like the 20-year-old who committed suicide after an erroneous negative balance appeared in his account
‘Doctor Bitcoin’ Pleads Guilty to Running Illegal Crypto Exchange in US, Faces 5 Years in Prison
30.6.2021
A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five years in federal prison. Crypto Exchange Operator Pleads Guilty The U.S. Department of Justice (DOJ) announced Tuesday...
Slow, but not steady: India’s stance on Bitcoin and crypto is evolving
30.6.2021
India’s regulatory stance on crypto has been shaky at best and prejudiced at worst, but what is India actually doing about crypto?
Leaders in France, US Urge Crypto Regulation ‘Before It’s Too Late’
30.6.2021
Some politicians and regulators appear in a hurry to place checks and balances on crypto – perceiving that they must take some kind of control over the sector before it is too late.
In the United States, lawmakers want to go on a stricter regulatory route than the status quo – and are keen to stamp...
64 Cryptocurrency Firms Have Withdrawn Applications to Operate in UK, FCA Says
30.6.2021
A growing number of crypto firms in the U.K. are withdrawing their applications to register with the Financial Conduct Authority (FCA). Around 64 firms have already withdrawn their applications and will not be able to operate in the U.K. The list of cryptocurrency companies abandoning their...
Driving ‘purists beserk’: Co-chair of blockchain caucus wants to 'reverse' crypto transactions
30.6.2021
Democratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks
Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System
30.6.2021
Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance...
Korean Crypto Exchanges Consider Suing Government Over Banking Requirements
30.6.2021
All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law...
'We don't have much time left' to regulate crypto, says Bank of France governor
29.6.2021
"We in Europe need to move as quickly as possible or risk an erosion of our monetary sovereignty," said Francois Villeroy de Galhau
Bulls are back, but regulatory fears hamper the DeFi and altcoin recovery
29.6.2021
Bitcoin is staging a comeback, but the lingering threat of regulation continues to weigh on DeFi tokens and select altcoins
Coinbase Approved to Enter German Cryptocurrency Market
29.6.2021
Cryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company, announced Monday that it has secured a cryptocurrency...
State of Crypto: Inside the NRCC’s Plan to Accept Crypto Donations
29.6.2021
The NRCC will soon accept crypto donations because Republican donors requested the payment method, the campaign committee's chair said
13 more crypto firms withdraw licensing applications in the UK
29.6.2021
Local and international crypto businesses in the United Kingdom seem unable to meet stringent demands set by financial regulators
Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
29.6.2021
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them...
Jefferies’ Equity Strategist Expects Accommodating US Crypto Regulation Unlike China’s Authoritarian Model
29.6.2021
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian...
Mexico may not be following El Salvador's example on Bitcoin... yet
28.6.2021
A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin
Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair
28.6.2021
Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a U.S. dollar-pegged coin could help provide support for its fiat counterpart
Germany’s financial watchdog approves crypto custody license for Coinbase
28.6.2021
Since January 2020, all crypto firms operating in the German market have required BaFin approval