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US lawmaker planning to introduce comprehensive crypto bill in 2022: report

23.12.2021
Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes, and offer consumer protections

FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin

23.12.2021
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department...

Pakistanis Own $20 Billion in Crypto, Report Reveals

23.12.2021
In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more than what their central bank has in foreign reserves. Government Urged for Regulations as Study Shows...

SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

23.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ... Read More: SWIFT Tokenization, BNB Auto Burn, PwC Enters The Sandbox + More News

Dubai to Create Crypto Zone, Binance Joins Effort

23.12.2021
The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies like Binance. Dubai World Trade Centre to Host and Regulate...

No Progress on Russian Crypto Law until February 2022 at the Earliest, Says Duma Chief

23.12.2021
Those hoping to see crypto regulations roll out in Russia will need to wait until at least February next year to see what any draft legislation might look like, per a key parliamentarian.... Read More: No Progress on Russian Crypto Law until February 2022 at the Earliest, Says Duma Chief

Pakistanis have $20B in crypto assets, says head of local association

22.12.2021
He called for the government to set up a Bitcoin policy, arguing that India already had some regulations in place

Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype

22.12.2021
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency...

Arsenal football club in dispute with ASA over 'irresponsible' crypto ad

22.12.2021
Following the ASA's decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks

UK Regulator Calls Foul On Arsenal FC Fan Token Ads

22.12.2021
London-based football club Arsenal FC has drawn the ire of the UK advertising watchdog Advertising Standards Authority (ASA) for what the regulator calls “taking advantage of consumers’ inexperience in cryptoassets.” The regulator banned Facebook and website posts in which the football side...

US Regulator Tells Credit Unions They Can Team Up with Crypto Firms

22.12.2021
America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets. The NCUA outlined its stance on crypto in an open letter to unions...

100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation

22.12.2021
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money laundering, terrorism financing, or proliferation financing due to the speed and cross-border...

Russia Still No Closer to Regulating Crypto Despite Central Bank ‘Concession’

21.12.2021
Russia’s staunchly anti-crypto Central Bank has spelled out its “vision” for crypto regulation – but the painfully slow process of formulating a regulatory framework appears to be frustrating even the parliamentarian charged with creating legislation for the sector.... Read More: Russia Still...

Deutsche Telekom Arm to Validate Polkadot, IOTA Staking + More News

21.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Deutsche Telekom Arm to Validate Polkadot, IOTA Staking + More News

Cash2Bitcoin CEO Ayman Rida Explains Why Merchants Set up a Bitcoin ATM, Compliance and Regulation

21.12.2021
Established in 2016, Cash2Bitcoin.com is one of the largest and fastest-growing cryptocurrency ATM deployment services in the United States. Cash2Bitcoin.com manages over 1000 locations throughout the country and is rapidly expanding its reach in the market. Ayman Rida is the CEO of Cash2Bitcoin....

Crypto Complaints Have Increased Significantly Says South Africa Financial Sector Ombud

21.12.2021
Nonkumbulo Tshombe, an advocate with the Financial Advisory and Intermediary Services (FAIS) Ombud, recently revealed that her office has noted a significant increase in the number of cryptocurrency-related complaints during the 2020/21 financial year. Cryptocurrency Not yet Regulated An advocate...