US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money at Risk – Regulation Bitcoin News
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to...
Regulation
IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender – Regulation Bitcoin News
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs...
Contradicting Reports About the Directors Whereabouts Surface – Regulation Bitcoin News
In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees...
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments – Regulation Bitcoin News
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the...
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024 – Regulation Bitcoin News
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of...
EU Proposes Law to ‘Ensure Full Traceability’ of Crypto Transfers, Ban Anonymous Wallets – Regulation Bitcoin News
The European Commission has proposed legislation to “ensure full traceability of crypto-asset transfers, such as bitcoin,” in order to prevent...
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October – Regulation Bitcoin News
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which...
South African Central Bank Warns Citizens Against Accepting Tainted Banknotes – Regulation Bitcoin News
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank...
Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished – Regulation Bitcoin News
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency...
Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk – Regulation Bitcoin News
Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re...
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program – Regulation Bitcoin News
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information...
Former US Treasury Secretary Mnuchin Says His View on Bitcoin ‘Has Evolved’ – Regulation Bitcoin News
Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit.” While he personally does...
France Proposes EU-Wide Cryptocurrency Regulation – Regulation Bitcoin News
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for...
Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme – Regulation Bitcoin News
Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years....
California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla – Regulation Bitcoin News
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used...
SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme – Regulation Bitcoin News
The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017....
Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks – Regulation Bitcoin News
Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether....
EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest – Regulation Bitcoin News
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a...
UBS Survey – Regulation Bitcoin News
A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency...
Russia Drafting Law on Confiscation of Crypto Assets – Regulation Bitcoin News
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A...
China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning – Regulation Bitcoin News
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in...
UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’ – Regulation Bitcoin News
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.”...
