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Ripple ‘Tried’ to Settle With SEC Ahead of XRP Suit, CEO Says
7.1.2021
Ripple CEO Brad Garlinghouse says his firm tried to settle with the SEC before the regulator sued on unregistered securities sale allegations
65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule
7.1.2021
The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement
Institutional Custody Will Challenge Retail-Oriented Crypto
7.1.2021
The bearer nature of digital assets presents challenges to institutions getting into crypto. The need for greater security will likely impact the whole industry
Crypto Derivatives Exchange BitMEX Says All Users Are Now Verified
7.1.2021
After getting in hot water with U.S. regulators last year, the exchange has rolled out mandatory verification for all users
South Korea’s 20% Crypto Tax Now Coming in 2023: Report
7.1.2021
The cryptocurrency tax was originally planned to be implemented in late 2021
FiCAS’ Actively Managed Crypto ETP Gets Green Light for European Expansion
7.1.2021
The first actively managed crypto ETP, the BTCA was launched in Switzerland last July
Trump Signs Order to Ban Ma’s Alipay, Other Chinese Apps
7.1.2021
U.S. President Donald Trump signed an executive order on Tuesday banning the Alipay payment platform and seven other apps with links to the Chinese, saying the apps can access private information from their users. Separately, U.S. officials are considering banning U.S. citizens from investing...
FinCEN's wallet rule is open for another day of comments because 'government officials can’t count to 15'
6.1.2021
The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed
Israeli Regulator Designates Utility Tokens Issued by Companies as Securities
6.1.2021
The Israel Securities Authority (ISA) recently ruled that utility tokens issued by companies are securities and, therefore, cannot be classified as assets. The ISA’s decision comes after Israeli tech startup Kirobo sought to convince the regulator that its planned token issuance did...
South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly
6.1.2021
South Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly. Proposal Submitted in November 2020 According to the Electronic Times, the bills aimed to require...
What Does It Cost to Become an FCA-Approved Exchange? EXMO Execs Explain
6.1.2021
The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there
Crypto Regulation Commences in Serbia: Trading, Mining Legalized
6.1.2021
Serbia has started regulating the crypto industry as the country’s law on digital assets has gone into effect. It requires cryptocurrency service providers to obtain a license and legalizes crypto activities, including trading and mining. Serbia Starts Regulating Cryptocurrency Serbia’s...
Iran Shuts Down 1,620 Cryptocurrency Mining Farms
6.1.2021
Since Iran began recognizing cryptocurrency mining as an industry, it has reportedly shut down 1,620 unauthorized crypto mining farms. Crypto miners initially welcomed the recognition but later said that the electricity tariffs were too high. 1,620 Crypto Mining Farms Shut Down in Iran Iranian...
More Crypto Regulation Coming in Russia and Beyond, Warns Key Lawmaker
6.1.2021
Russian politicians have issued another grim-sounding warning about forthcoming crypto regulations, hinting that 2021 may have some less-than-welcome surprises in store for the nation’s crypto community – as well as crypto enthusiasts based overseas.
Per a report from radio station Govorit Moskva...
UK’s Ban on Crypto Derivatives Goes Into Effect Today
6.1.2021
The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October
Former Bakkt CEO Kelly Loeffler Loses Senate Seat
6.1.2021
Former Bakkt CEO Kelly Loeffler lost her Senate seat to Democrat Raphael Warnock in a special election Tuesday night
Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits
6.1.2021
The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan Central Bank Set...
XRP sinks below LTC again after new lawsuit from major investor
6.1.2021
XRP has fallen below Litecoin by market cap after a major investor filed a new lawsuit against Ripple
Slot machine manufacturer gets patent for crypto payment options
5.1.2021
Many gamblers may no longer need to use Bitcoin ATMs in casinos, as they could transfer their crypto directly to casino gaming accounts
Most Important Crypto Regulation Yet? Banks Can Treat Public Blockchains Like SWIFT and ACH
5.1.2021
A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure