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‘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...
Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says
8.9.2021
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced that such a move would not bring any benefits...
Star Citizen Gets Slap On Wrist Over Selling Ships That May Never Exist
8.9.2021
Star Citizen, the Winds of Winter of video games, has recently come under fire for misleading advertising practices, at least in the eyes of one British regulatory body. Eurogamer reports that the United Kingdom’s Advertising Standards Authority (ASA) has told developer Cloud Imperium Games...
US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds
8.9.2021
The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product. The exchange says, “We don’t know why … We got no explanation from the SEC.” Coinbase Threatened by SEC Coinbase revealed...
Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’
8.9.2021
Mauricio Moura, a current director of the Central Bank of Brazil, stated that anonymity won’t be a choice when making cryptocurrency transactions in the country. The representative stated that, sooner or later, all users would have their transactions identified by the government. These...
SEC threatens to sue Coinbase over crypto yield program it considers a security
8.9.2021
"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase
Coinbase vs. ‘Sketchy’ SEC Case Reminds of Crypto Regulation Challenges
8.9.2021
on ice until October at the earliest.The company says that that SEC wants to “sue” it over concerns related to its Lend crypto lending features, claiming that the offering, which is to involve the dollar-pegged
Former Reserve Bank official pushes for India to accept crypto
8.9.2021
Former Deputy Governor of the RBI sees cryptocurrencies as a taxable asset or commodity
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 (
Hong Kong securities official proposes stricter oversight of crypto trading
7.9.2021
Investing in Bitcoin and other cryptocurrencies could become more restrictive for residents of Hong Kong as local regulators look to clamp down on the asset class for various reasons
September 7 is 'Bitcoin Day' in El Salvador as BTC becomes legal tender
7.9.2021
El Salvador’s Bitcoin Day is marred by operational headaches as the state’s BTC wallet servers go offline
Republic of Panama introduces bill for regulating crypto
7.9.2021
New bill in Panama aims to recognize Bitcoin as an alternative payment method and enable freedom to use crypto
Thai SEC intends to revoke operating license of Huobi crypto exchange
7.9.2021
Huobi's operations in Thailand have been suspended by local authorities after it allegedly failing to comply with local regulations
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years
7.9.2021
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands for digital currencies and come up with a European-based...
African Economist Says Regulated Cryptocurrencies Are Reasonable Alternative to Single Trade Currency
6.9.2021
A Nigeria-based research and development economist, Gospel Obele, has called “for a unified regulatory mechanism for cryptocurrency trading.” He adds that such regulation of cryptocurrencies can potentially “complement an African digital currency,” hence this needs to...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations
6.9.2021
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance...
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...
After Warnings from South African Regulators Binance Rejects Accusations It Provides Financial Advice
5.9.2021
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any intermediary services. In a statement released on Twitter less than 24 hours after the Financial Sector Conduct Authority (FSCA)’s warning, the crypto...
Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed
5.9.2021
Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in...
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...