Indian Government Consulting With IMF, World Bank on Crypto Policy – Regulation Bitcoin News
India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form...
Regulation
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says – Regulation Bitcoin News
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows,...
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force – Regulation Bitcoin News
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a...
EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space – Regulation Bitcoin News
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the...
FCA Extends Deadline for Crypto Firms to Meet Regulatory Requirements in UK — 33 Firms Licensed so Far – Regulation Bitcoin News
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of...
Central Bank of Sudan Warns of Risks Associated With Cryptocurrency – Regulation Bitcoin News
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto – Regulation Bitcoin News
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice,...
US Senators Working on Broad-Based Crypto Regulation – Regulation Bitcoin News
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to...
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next...
DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme....
Nevada Man Pleads Guilty in $722 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin News
A Nevada man has admitted his role in laundering funds solicited for the Bitclub Network, a $722 million fraudulent cryptocurrency...
Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework – Regulation Bitcoin News
The Bank of England has revealed that it is working on sketching a regulatory framework for crypto assets, according to...
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...
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...
