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IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
3.3.2022
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: IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
3.3.2022
The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation....
Read More: Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
Experts weigh in on new crypto regulations in South Africa
3.3.2022
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn
US Regulator Launches Probe Into NFT Sales
3.3.2022
The US Securities and Exchange Commission (SEC) is applying additional scrutiny to creators of non-fungible tokens (NFTs) and NFT marketplaces to find out if some of the assets are sold in violation of the agency’s rules on securities offerings....
Read More: US Regulator Launches Probe Into...
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
3.3.2022
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal...
Washington, Europe Vow to Target Russian Crypto Sanctions Evasion Efforts
3.3.2022
The next round of sanctions against Russia and wealthy individuals based in the country could target crypto and crypto exchanges, with Washington already taking aim at those hoping to secure their funds by making bitcoin (BTC) and altcoin buys....
Read More: Washington, Europe Vow to Target...
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
3.3.2022
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could...
UK Regulator Bans Floki Inu Ad for Being Irresponsible, Exploiting Investor FOMO
3.3.2022
The U.K.’s advertising authority has banned an ad for cryptocurrency floki inu (FLOKI). The authority says the ad’s “Missed Doge? Get Floki” claim “exploited consumers’ fears of missing out and trivialized investment in cryptocurrency.” The ad...
EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
2.3.2022
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
2.3.2022
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."
G7, EU Working on Russia's Crypto Isolation, Shareholders vs. ConsenSys + More News
2.3.2022
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: G7, EU Working on Russia's Crypto Isolation, Shareholders vs. ConsenSys + More News
UK Advertising Watchdog Bans Floki Inu London Ad Campaign
2.3.2022
The UK advertising watchdog Advertising Standards Authority (ASA) has decided to ban an advertising campaign launched by floki inu (FLK), a memecoin named after Tesla and SpaceX founder Elon Musk’s Shiba Inu dog. The move follows earlier calls by local politicians to ban ads featuring...
EU Data Act Proposes Shutdown Function for Smart Contracts
2.3.2022
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function...
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users
2.3.2022
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving...
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
1.3.2022
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order...
SEC to Crypto Companies: There Are Benefits to Self-Reporting Violations and Working With Us
1.3.2022
The U.S. Securities and Exchange Commission (SEC) has revealed that there are benefits for cryptocurrency companies to self-report their violations of securities laws to the regulator. While noting that there will be no amnesty, the SEC enforcement director said, “We’ll view their...
Market Strategist Explains 4 Reasons Why BTC Is Rallying — ‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’
1.3.2022
On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged —...
US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government
28.2.2022
The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions
Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report
28.2.2022
SEC enforcement director Gurbir Grewal reportedly said the agency wouldn't be ignoring the funds or securities laws violations for crypto companies that come to them
What the launch of the FBI crypto task force means for the digital asset space
28.2.2022
Consolidation of law enforcement activity sends a clear message to the industry: It is time to comply