Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs – Regulation Bitcoin News
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company...
Regulation
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows – Regulation Bitcoin News
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an...
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a...
Central Bank Digital Currencies Could Kill Cryptocurrencies – Regulation Bitcoin News
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case...
Japan Adopts Legislation Establishing Legal Framework for Stablecoins – Regulation Bitcoin News
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The...
US Arrests Former Employee of Opensea NFT Marketplace in ‘First-Ever Digital Asset Insider Trading Scheme’ – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) has indicted an employee of non-fungible token (NFT) marketplace Opensea in what the department...
Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies – Regulation Bitcoin News
Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’ – Regulation Bitcoin News
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that...
We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto – Regulation Bitcoin News
The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow...
Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill – Regulation Bitcoin News
A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed...
Crypto will pose financial stability risks
The European Central Bank (ECB), in its Decrypting financial stability risks in crypto-asset markets report, observes that crypto assets, especially...
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ – Regulation Bitcoin News
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions...
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the...
Bank of England’s Andrew Bailey Warns Bitcoin Has No Intrinsic Value, Not a Practical Means of Payment – Regulation Bitcoin News
The governor of the Bank of England, the British central bank, says bitcoin has no intrinsic value and the cryptocurrency...
Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent – Regulation Bitcoin News
The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an...
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act – Regulation Bitcoin News
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto...
CFTC Chairman Confirms Bitcoin, Ether Are Commodities – Regulation Bitcoin News
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He...
Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections – Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation – Regulation Bitcoin News
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns – Regulation Bitcoin News
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the...
Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme – Regulation Bitcoin News
Chinese authorities in Rong County recently said they have prosecuted eight individuals accused of being the masterminds behind the Magic...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST – Regulation Bitcoin News
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The...
