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EU regulator sees crypto as sign of increased risk-taking in current climate
16.9.2021
An ESMA report views crypto assets’ volatility in the first half of 2021 as an indication of “possible market exuberance.”
Uruguay Regulator Suggests that Crypto-Real Estate ‘Exchanges’ Are Possible
15.9.2021
del Castillo & Asociados approached the General Tax Directorate (known locally as the DGI), an agency that answers to the nation’s Ministry of Economy and Finance, for advice on the matter. The media outlet noted that a number of “specialized portals” that advertise real est
Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists
15.9.2021
Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by...
Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers
14.9.2021
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank...
US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’
12.9.2021
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors...
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns
10.9.2021
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however,...
‘SEC Will Stop at Nothing to Control Entire Crypto Space,’ Says Former Federal Prosecutor
9.9.2021
A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase. The regulator is already in an ongoing lawsuit with Ripple...
Japanese Regulator Has NFTs, IEOs in its Sights as it Eyes More Crypto Regulation
8.9.2021
ttps://cryptonews.com/news/japanese-regulator-likely-to-create-new-defi-nft-cbdc-regula-11141.htm">reported on the launch of a new FSA “study group” that was charged with finding ways “to deal with digital and decentralized finance (
Kim Kardashian Called out by UK Regulator for Pumping Crypto Token That Could Harm Investors
7.9.2021
Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial...
Russia’s Roskomnadzor Watchdog Blocks 6 VPN Providers
5.9.2021
Russian communications watchdog, Roskomnadzor, has restricted another six VPN providers. The agency says the platforms have facilitated access to information that is banned in the Russian Federation. Roskomnadzor is also whitelisting certain VPN services that operate in accordance with the law...
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
5.9.2021
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the SEC during an interview. Protecting Crypto Investors In...
Binance pushes back against warning from South Africa regulator
3.9.2021
Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws
SEC Allegedly Probes Operators Behind World’s Largest Decentralized Exchange, Uniswap: Report
3.9.2021
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped...
South Africa's financial regulator issues warning against Binance
3.9.2021
South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country
Nigeria's securities regulator establishes fintech unit to study crypto
3.9.2021
With much of the Nigerian crypto market underground or peer-to-peer due to government restrictions, the country’s securities regulator is looking into ways to make investors safer
Chinese Regulator Aims to Digitize Securities Market Using Blockchain and Smart Contracts
1.9.2021
China’s Securities Regulatory Commission (CSRC) will promote a national alliance chain to introduce smart contracts and blockchain-based services to digitize the securities and futures market. The announcement was made at the China Securities Industry Alliance Chain and OTC Alliance Chain...
3 reasons why a Bitcoin ETF approval will be a game changer for BTC price
31.8.2021
A Bitcoin ETF approval will open the door for more conservative investors and this could have an irreversible impact on BTC price
New NY Gov. taps former Obama official to head state's financial regulator
31.8.2021
Adrienne Harris said she aims "to ensure we have a robust and fair financial system, and an equitable economy" in her role at the NYDFS
Travel Rule Implementation Still Far Off Due to Tech Limitations, Australian Regulator Reports
30.8.2021
The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed for cryptocurrencies. The Department concluded this in an appearance before the Senate in Australia last Friday. However,...
Price Ups, Market Downs, Regulator Poops and 20 Non-Fungible Crypto Jokes
28.8.2021
The end of the summer is nearly here but crypto never ends. This week, the regulators were setting up to poop yet another bitcoin USD 50k party, and they might be coming for the DeFi golden goose, too. The regulatory situation has been creating a drama between exchanges, their users and regulators...