Japanese regulator eyes new strict rules for exchanges
A series of high-profile hacks have seen Japanese regulators ask crypto exchanges to implement strict measures meant to curb illegal...
Regulation
Bitcoin not legally protected asset
The plaintiff lost over $10,000 in 2018 amidst the Chinese Central Bank’s ban on financial institutions supporting crypto transactions The...
Poloniex agrees to pay the SEC more than $10M
The platform was charged with operating as an exchange in the US without registering as such Crypto asset exchange Poloniex...
BTC adoption is credit negative for El Salvador insurers
The law is unnecessarily rushed and does not equip insurance companies to adapt to its requirements, Fitch argues Fitch Ratings,...
US Infrastructure bill aimed at capturing DeFi: Chervinsky
The Treasury Department is influencing the infrastructure bill to gain jurisdiction over the DeFi industry, says the advocate Jake Chervinsky,...
Binance to enforce KYC process on all users
The exchange says the verification is meant to help protect users and to provide a "safe crypto environment." Binance has...
Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations – Regulation Bitcoin News
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days...
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours – Regulation Bitcoin News
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin...
SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren...
Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says – Regulation Bitcoin News
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the...
Bitmex Agrees to Pay $100 Million to Resolve Charges With FinCEN and CFTC – Regulation Bitcoin News
Global cryptocurrency derivatives exchange Bitmex has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes...
SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker – Regulation Bitcoin News
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto...
Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill – Regulation Bitcoin News
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure...
Iranian Tax Authority Urges Regulators to Legalize Cryptocurrency Exchanges – Regulation Bitcoin News
The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country....
Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions...
Uganda Blockchain Association Endorses Calls for the Creation of Crypto Regulatory Framework – Regulation Bitcoin News
Uganda’s blockchain community welcomes the recent call on authorities to create a cryptocurrency regulatory framework, a board member of the...
US Senator Warren Sees Benefits of Cryptocurrency but Warns ‘a Run on Crypto’ May Need Federal Bailout – Regulation Bitcoin News
U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that...
Singapore to License Digital Payment Providers, Approves Crypto Exchange – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to...
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill – Regulation Bitcoin News
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus...
US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year – Regulation Bitcoin News
The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director....
FBI Joins Probe Into Collapsed South African Bitcoin Ponzi Scheme – Regulation Bitcoin News
In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have...
Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI – Regulation Bitcoin News
In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin...
