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Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers
25.12.2022
Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data and payment documents. Bill Restricts Russian...
Russian Parliament Postpones Adoption of Crypto Mining Bill
24.12.2022
Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access...
Caroline Ellison’s Testimony Claims FTX Boss SBF Directed Her to Co-Mingle Customer Funds Since 2019
23.12.2022
On Dec. 23, 2022, Matthew Russell Lee from the Inner City Press published the recently unsealed guilty plea transcript of Caroline Ellison, Alameda Research’s former CEO. In her statements, Ellison describes that she was the co-CEO and CEO of Alameda, and under those roles, she reported directly...
US Senator Introduces Bill to Regulate Payment Stablecoins
23.12.2022
A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position...
Brazilian president signs crypto bill into law
22.12.2022
The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers
Game Awards Photoshops Bill Clinton Kid Out Of Elden Ring Speech
22.12.2022
The 2022 Game Awards ended with a random kid sneaking up on stage and muttering nonsense about “reformed Rabbi Bill Clinton.” The 2022 Game Awards is now, understandably, trying to pretend that never happened, blurring the kid out of a picture celebrating Elden Ring developer FromSoftware’s second...
US senator Toomey introduces stablecoin bill as congressional session wraps up
22.12.2022
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session
US Lawmaker: Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets
22.12.2022
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to “protect self-custody from misguided attempts to restrict it.” U.S....
One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
21.12.2022
Crypto ally U.S. Sen. Pat Toomey (R-Pa.) used one of his final days in office to send a last legislative message on regulating stablecoins
Elizabeth Warren's New Financial Surveillance Bill Is a Disaster for Privacy and Civil Liberties
20.12.2022
Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto
20.12.2022
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian lawmaker, Babangida Ibrahim, suggested that the Central...
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges
20.12.2022
The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha, the lower house of India’s parliament. “Crypto assets are by definition borderless and require international collaboration to prevent regulatory...
Next House committee chair reintroduces bill on crypto innovation
19.12.2022
Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward
UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says
19.12.2022
The Financial Services and Markets Bill which is currently being debated, will give regulators more power over crypto
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
19.12.2022
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021
Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs
16.12.2022
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural...
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users
16.12.2022
Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct attack on the personal freedom and privacy of cryptocurrency users and developers...
First Mover Americas: Crypto Money-Laundering Bill on the Table
15.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 15, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape
15.12.2022
Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be registered as money transmitters if they don’t handle customer assets
US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill
14.12.2022
U.S. Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) are introducing an act to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency