$30 Million Crypto Scheme’s Leader Pleads Guilty, Facing up to 20 Years in Prison – Regulation Bitcoin News
The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S....
Regulation
Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama – Regulation Bitcoin News
A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals in the bill...
India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker – Regulation Bitcoin News
The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.”...
US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product....
ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years – Regulation Bitcoin News
The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB...
Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations – Regulation Bitcoin News
Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain...
After Warnings from South African Regulators Binance Rejects Accusations It Provides Financial Advice – Regulation Bitcoin News
Beleaguered crypto exchange, Binance, has released a statement in which it denies accusations that provides financial advice or renders any...
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil – Regulation Bitcoin News
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it...
$2 Billion Crypto Fraud Bitconnect and Founder Charged — Director Pleads Guilty to Criminal Charges – Regulation Bitcoin News
The $2 billion crypto fraud scheme Bitconnect and its founder have been charged in the U.S. In a parallel enforcement...
SEC Wins Judgment Against Actor Steven Seagal After He Ignores Court Order to Settle Crypto Fraud Case – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to...
Seychelles Law Enforcement Receives Request to Probe Transfer of 230K Onecoin Bitcoins – Regulation Bitcoin News
The Seychelles Police Financial Crime Investigation Unit (FCIU) recently confirmed receiving a request for an investigation into several transactions linked...
Securities or Commodities? Commissioner Explains How They Are Regulated in US – Regulation Bitcoin News
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S....
Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender – Regulation Bitcoin News
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them...
FBI Helps to Train Nigerian Crypto Crime Investigators – Regulation Bitcoin News
The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the...
Crypto, Congress and the Commission: What’s next for the ‘Wild West’?
Recently, there’s been much regulatory activity around crypto; anyone whose business deals with digital assets will need to pay attention....
Cuba wants to allow Bitcoin use in payments
The authorities want to see cryptocurrencies used in legal ways, with providers licensed and monitored The Cuban government is set...
Venezuela’s central bank announces digital currency
The South American country is set to launch its CBDC in the coming months Venezuela has confirmed that it will...
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...
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,...
