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Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
7.8.2024
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain
UK Regulator Cracks Down on 1000 Crypto Firms
7.8.2024
The UK regulatory body for financial markets, the Financial Conduct Authority (FCA), has recently beefed up its supervision…
Canada Sets Deadline for Crypto Platforms to Join CIRO
7.8.2024
The Canadian regulators have laid strict guidelines that all Crypto trading platforms (CTPs) must become full members of…
Canadian crypto exchanges face deadline for CIRO membership
6.8.2024
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization
EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert
2.8.2024
The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation
Bitcoin as a Strategic Reserve
2.8.2024
Over the weekend, former U.S. President and current Republican nominee Donald Trump and a number of lawmakers spoke at the Bitcoin Nashville conference. The biggest piece of news everyone has been talking about was Trump and Sen. Cynthia Lummis' proposals to create a strategic reserve for Bitcoin...
Montenegro Court Extradites Do Kwon to South Korea, not US
1.8.2024
Reports show that the Montenegrin appeals court has upheld a ruling by a lower court to hand over Do Kwon to South Korea. The South Korean mogul, often known as “the cryptocurrency king,” will serve time in his native country, not the United States. Do Kwon extradited to his native South Korea...
Nigerian crypto advocates push for regulatory reforms amid protests
1.8.2024
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen
Nigerian crypto advocates push for regulatory reforms amid protests
1.8.2024
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen
Ripple CEO Slams SEC on ‘Hypocrisy’ & Confusing Regulations
31.7.2024
Ripple has been in and out of the doghouse multiple times due to the SEC’s breakdown on crypto, but it has always come back stronger. Brad Garlinghouse, Ripple’s CEO, has highlighted the need for clear, consistent policies to enable the crypto industry’s growth and creativity, citing...
UK Law Commission Proposes Crypto as Personal Property
31.7.2024
The Law Commission of England and Wales has proposed a regulation to establish a new category of personal property for cryptocurrencies. If implemented, this initiative would provide a clear legal framework for assets like cryptocurrencies and NFTs. Crypto and NFTs Might Attract Property Rights...
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
31.7.2024
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted...
Russia Legalizes Use of Bitcoin for Cross-Border Payment
30.7.2024
Russia has been a paragon of adopting crypto following the sanctions it faced during the war with Ukraine. The country has been witnessing increased use of digital assets not only among its citizens but also at the government level. In line with this, the Russian State Duma Committee on Financial...
What's next for UK crypto regulations after Coinbase's $4.5M fine?
30.7.2024
The FCA’s fine points to a “one-off” enforcement action, not a wider crackdown on the industry, according to a legal expert
Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric
29.7.2024
Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to opposing innovation, benefiting Republicans...
SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust
28.7.2024
The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective...
Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
27.7.2024
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws...
What Does Kamala Harris' (Presumptive) Nomination Mean for Crypto This Election?
24.7.2024
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the top of the party ticket comes questions about how a potential Harris Administration...
India Maintains Crypto Tax Regulations in 2024/25 Budget
23.7.2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India....
XRP price hasn’t seen $1 since 2021 — But this could change in Q4
23.7.2024
Three big catalysts for a potential XRP price boom include technicals, significant whale accumulation, and the nearing resolution of Ripple’s legal battle with the SEC