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Jailed Onecoin Mastermind Accused of Using Contraband Mobile Phone to Move $20 Million
25.11.2021
Karl Sebastian Greenwood, one of the masterminds behind the Onecoin pyramid scheme, recently used a contraband mobile phone to move at least $20 million while holed up in a prison in the United States, an attorney for one of the scheme’s victims has said. Onecoin Mastermind Taking Advantage...
Finnish regulators tighten the screw on virtual currency marketing
25.11.2021
The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing
WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders
22.11.2021
The publication contains 8 separate white papers exploring topics including the impact of lawmakers regulating stablecoins and central bank digital currencies as well as informing them about the risks, benefits, and alternatives
Microstrategy CEO Discusses Bitcoin Becoming $100 Trillion Asset Class — Says BTC Will Grow 100X
21.11.2021
The CEO of Microstrategy says that bitcoin will emerge as a $100 trillion asset class and will grow 100X from where it is today. He said the cryptocurrency is winning against gold as a store of value and he is not worried about regulation. “I’m not at all troubled with the regulations...
Ripple Proposes ‘Real Approach to Cryptocurrency Regulation’
17.11.2021
Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done...
Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now
16.11.2021
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at...
Coinbase Pushes for Single Crypto Regulator: CEO Says ‘We Have 53 Regulators in Just One Country, the US’
15.11.2021
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just one federal regulator overseeing the crypto sector. Currently, there is a variety of different regulators in the U.S., CEO Brian Armstrong explained, noting that Coinbase...
Block.one’s Bullish exchange wins license from Gibraltar regulators
10.11.2021
Block.one announced its plans to build Bullish, its own blockchain-based crypto exchange, in May 2021
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
10.11.2021
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin...
Major Swedish Power Company Defends Bitcoin Mining as Regulators Propose Ban
8.11.2021
A joint statement from the directors-general of the Swedish Financial Supervisory Authority and the Swedish Environmental Protection Agency has called for a total ban on proof-of-work mining of cryptocurrencies, such as Bitcoin (BTC), within the EU. Meanwhile, Sweden’s state-owned power company...
Regulators are coming for stablecoins, but what should they start with?
7.11.2021
Regulators are coming for stablecoins, and the best place to start is with transparency standards for collateral and financial activities
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified
4.11.2021
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal...
Crypto Community Smarts at US Regulators ‘Fear-mongering’ Stablecoins Report
2.11.2021
A joint call from the United States Treasury Department, the Federal Reserve, and financial regulators for Congress to grant them power over stablecoins and their issuers has drawn a decidedly mixed reaction from the crypto community....
Read More: Crypto Community Smarts at US Regulators...
How and Why Crypto Suffers from Unfair Treatment by Regulators, Politicians & Media
31.10.2021
Few of us are strangers to double standards, particularly those to which Bitcoin (BTC) and cryptocurrencies, in general, are often subjected. Whether we’re talking about environmental impacts or money laundering, crypto often appears to be held to an unfair, higher standard than the legacy...
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
28.10.2021
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...
US regulators are exploring policy for banks to handle crypto, says FDIC chair
26.10.2021
“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams
US Regulators Preparing a Crypto Gift For Banks; CoinList Turns Into a Unicorn + More News
26.10.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: US Regulators Preparing a Crypto Gift For Banks; CoinList Turns Into a Unicorn + More News
Crypto in the crosshairs: US regulators eye the cryptocurrency sector
24.10.2021
U.S. regulators are looking at crypto-related areas, touching on financial regulation, economic innovation and national security
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....
NFT gaming proposition in question as regulators and traditional gaming pullback
19.10.2021
The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem