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Belgium Energy Minister’s Twitter Account Hacked- Fake Ethereum Giveaway Advertised
12.2.2021
The official Twitter account of Belgium’s Minister of Energy was the recent victim of a high-profile hacking incident. Tinne Van der Straeten’s profile was hacked to promote a bogus giveaway of ethereum tokens. Hacked Twitter Accounts Whoever was behind the incident changed...
France Approves New Cryptocurrency Measures to Fight Anonymous Transactions
14.12.2020
The French council of ministers has approved a series of new measures to combat the anonymity of cryptocurrency transactions. Anonymous accounts are banned at crypto exchanges which must now impose stricter know-your-customer requirements. France’s Finance Minister Bruno Le Maire says...
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
EU to Launch Comprehensive Crypto Regulation by 2024: Report
20.9.2020
The European Union is planning to implement comprehensive cryptocurrency regulation by 2024, two EU reports have reportedly revealed. This follows five European finance ministers calling on the European Commission to put in place “very strong and very clear rules” on cryptocurrency....
European Ministers Call on EU Commission to Regulate Stablecoins
11.9.2020
Finance ministers from five European countries have called on the EU Commission to introduce tough regulation for stablecoins
Hacker Hijacks Twitter Account of Indian Prime Minister’s Relief Fund, Asks Followers for Crypto
3.9.2020
Prime Minister Narendra Modi has become the latest victim of a Twitter hack undertaken to trick social media users into sending crypto to the attackers
Ministers used influence to pilfer millions in alleged Ponzi Scheme
28.8.2020
They even wrote a self-help book about becoming a millionaire. Sounds like that may need to be updated
Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...
G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
24.2.2020
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. They were also...
G20: Think Tank, Ministers, Central Bankers to Talk Crypto, CBDC Policy
21.2.2020
In December 2019, Saudi Arabia took over the G20 presidency from Japan, becoming the first Arab nation to take over the G20 presidency. The G20 will once again tackle the issue of cryptocurrencies and central bank digital currencies (CBDCs), with an influential think tank, ministers and central...
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
1.7.2019
Dutch ministers have proposed that the government regulate crypto and large cash transactions, citing concerns over money laundering
Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
18.6.2019
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit...
Cypherpunk Adam Back Speaks of Blockchain Benefits at G20 Meeting of Finance Ministers
10.6.2019
Cypherpunk Adam Back, often regarded as the father of virtual currencies, took part in an event at the G20 meeting of finance ministers
G20 Finance Ministers’ Meet Concluded In Japan, Multilateral Response To Crypto Suggested
10.6.2019
The G20 Summit of finance heads of the member countries met during the weekend in Japan, and cryptocurrencies were among the major discussion points. The leaders, including finance ministers and central bank governors, have stated that the Financial Stability Board (FSB), and global regulators must...
G20 Starts Crypto Discussions – A Look at Global Standards
9.6.2019
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member...