Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System – Regulation Bitcoin News
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the...
Regulation
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’ – Regulation Bitcoin News
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor...
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator – Regulation Bitcoin News
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent...
We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions – Regulation Bitcoin News
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin News
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers – Regulation Bitcoin News
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers...
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation – Regulation Bitcoin News
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how...
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam – Regulation Bitcoin News
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets – Regulation Bitcoin News
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An...
Cryptocurrency Can Bring Growth to American Economy if Properly Regulated – Regulation Bitcoin News
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry – Regulation Bitcoin News
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating...
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry – Regulation Bitcoin News
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate...
Estonian Prime Minister Calls for Restriction of Cryptocurrencies – Regulation Bitcoin News
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used...
Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities – Regulation Bitcoin News
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets...
South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges – Regulation Bitcoin News
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued...
Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities – Regulation Bitcoin News
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday....
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets – Regulation Bitcoin News
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto...
Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine – Regulation Bitcoin News
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started...
Crypto Not Suitable as Means of Payment or Store of Value – Regulation Bitcoin News
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment...
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation – Regulation Bitcoin News
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at...
EU Data Act Proposes Shutdown Function for Smart Contracts – Regulation Bitcoin News
The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling...
