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...
Regulation
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...
Indian Government Clarifies Status of Cryptocurrency Trading, Regulation, Investor Protection – Regulation Bitcoin News
India’s Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as...
Governments Need to Stop Dismissing Crypto as Illicit Payments and Reckless Speculation, Says El-Erian – Bitcoin News
Mohamed El-Erian, an adviser to Allianz and Gramercy Funds Management, says that “The time has come for more western governments...
Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox – Regulation Bitcoin News
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital...
Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million – Regulation Bitcoin News
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth...
Senator Warren Urges Treasury Secretary Yellen to Urgently Adopt Policy to Mitigate Cryptocurrencies’ Risks – Regulation Bitcoin News
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to...
