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Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse
16.11.2022
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United States, the department revealed it has been tracking its activities in Turkey. Turkish Financial...
Japanese Regulator Slaps FTX Japan With Business Suspension Order
12.11.2022
Japan’s top financial regulator, the Financial Services Agency (FSA), has issued a business suspension order to FTX Japan, the Japanese subsidiary of FTX.com. The financial watchdog has also ordered the crypto exchange to submit a business improvement plan by Nov. 16. Japanese Regulator Takes...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
11.11.2022
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market....
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
8.11.2022
The Financial Action Task Force told CoinDesk it has not changed the way it monitors crypto assets or the process by which countries are added to the "gray list" for increased monitoring
Countries ignoring crypto AML rules risk placement on FATF's 'grey list' — Report
8.11.2022
Reports suggest the Financial Action Task Force will conduct annual checks to ensure countries are enforcing anti-money laundering rules for crypto providers
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements
4.11.2022
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities...
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs
28.10.2022
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy...
S. Korean watchdog goes after crypto whales to ensure AML compliance
24.10.2022
The South Korean regulator noted that popular stablecoins used by the public might become a primary tool for laundering using digital assets
Report: BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog
23.10.2022
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said participants in the pyramid scheme may have lost as much as over $6 million. Obelisk Used Social...
French Lawmakers Approve New Boss for Finance Watchdog
19.10.2022
Former bank lobbyist Marie-Anne Barbat-Layani’s hearings contained a warning for the likes of Binance and Crypto.com setting up in the budding crypto hub
‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog
11.10.2022
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
10.10.2022
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report
Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog
7.10.2022
Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industry’s business in Russia....
US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
3.10.2022
The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens
Push to Enhance CFTC’s Crypto Watchdog Role Gets a Boost in US Congress
22.9.2022
Congress’ attempt to make the Commodity Futures Trading Commission (CFTC) the primary U.S. cryptocurrency regulator took a procedural step forward on Thursday, with a House lawmaker introducing a bill supporting a parallel effort in the Senate
S. Korean Watchdog Says $7.2B Transfered Overseas Mainly Through Crypto Exchanges: Report
22.9.2022
South Korea's financial watchdog found that since June there have been $7.2 billion abnormal foreign exchange transactions, most of which were transferred through cryptocurrency exchanges, Bloomberg reported on Thursday
Crypto Exchange FTX Not Authorized in UK, Financial Watchdog Warns
19.9.2022
The U.K. Financial Conduct Authority warned Sam Bankman-Fried's firm may be providing financial services or products to local customers without its authorization
CFTC Already Preparing to Be Crypto Watchdog, Benham Tells US Senators
15.9.2022
Agency is “right regulator” to oversee digital assets trading, CFTC chairman testifies at a hearing of the Senate Agriculture Committee
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill
11.9.2022
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loophole in the current document in which some tokens would not be considered securities, including...