Source: Adobe/y fran_kie Critics have accused Seoul of “over-regulation,” claiming that a new South Korean crypto law – which will promulgate in a matter of...
The truth is that the vast majority of transactions involving cryptocurrencies are more traceable than cash, and even electronic transactions. You simply have to have...
100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating for...
One of the first actions President Joe Biden has taken on his first day in office is to freeze Federal regulatory process, including the controversial...
SEC Commissioner Hester Peirce spoke at the CFC 2021 virtual blockchain conference on Jan. 20, where she discussed the prospect of working with a new...
iFinex Inc — the parent company of crypto exchange Bitfinex and stablecoin issuer Tether (USDT) — has written to the New York Supreme Court requesting...
The United States Financial Crimes Enforcement Network, or FinCEN, recently proposed a series of new regulations applying to financial institutions dealing with digital currencies, such...
The $5.3 billion acquisition of fintech startup Plaid by Visa was officially called off last week after the Department of Justice (DOJ) sued in November...
U.S. Representative Ted Budd (R-NC) has sponsored a new piece of legislation aimed at creating an agency tasked with combating the use of cryptocurrencies in...
Dear Readers, Has the stock market gotten too predictable for you? Indexes have hovered near record highs for months, and it’s been the usual suspects...
Cyber-attacks have always been considered a threat to many private and governmental institutions, even prior to the Covid-19 pandemic. Although ransomware cases were instrumental to...
Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the...
On June 25, 2020, the United States Securities and Exchange Commission brought suit in the Northern District of California against NAC Foundation LLC, also known...
South Africa is preparing to regulate cryptocurrencies like Bitcoin. In addition to protecting individuals, the new rules may pave the way for a mushrooming of...
Source: Adobe/Cavan The CEO of Bithumb Korea, the domestic wing of the South Korean market-leading crypto exchange Bithumb, has predicted that after soon-to-promulgate regulations kick...
Digital asset exchange Dacxi is joining CryptoUK, a self-regulatory trade association for the U.K. cryptocurrency industry. According to an announcement from CryptoUK today, Dacxi will...
In response to a deluge of comments, the United States Treasury Department’s Anti-Money Laundering office is slowing its roll on a rushed proposal to monitor...
The cryptocurrency community has reacted strongly against a ban on cryptocurrency derivatives in the UK. Arguing that it could potentially set the country back against...
Twitter CEO Jack Dorsey cited his passion for Bitcoin and decentralization in a 13-Tweet thread today explaining why the company banned U.S. President Donald Trump...
Bitcoin’s parabolic gains are attracting more regulatory scrutiny to cryptocurrencies — which the co-founder of a mining company says is positive for digital coins. Peter...
Her Majesty’s Treasury in the U.K. issued a document that details a series of proposals addressing the crypto community. With the consultation, the Treasury is...
Crypto-custody provider and securities firm, Propine, has graduated from the Monetary Authority of Singapore’s fintech regulatory sandbox program, emerging with a Capital Markets Services License...
Central Bank Digital Currencies (CBDCs) have been an integral part of progressive discussions within the cryptocurrency community. CBDCs are virtual representations of the fiat currency...
However, that backlash against the companies isn’t universal as Trump, his family, supporters and some lawmakers are characterising their actions as an assault on free...
Bitcoin Investors Face Severe Restrictions From HSBC & UK Banks January 11, 2021 January 11, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY A report published by Sunday Times...
Bakkt, the cryptocurrency platform majority owned by Intercontinental Exchange Inc., is in advanced talks to go public through a merger with blank-check firm VPC Impact...
MUMBAI: Cryptocurrency exchanges in India have stepped up their efforts to detect suspicious activities and clamp down on ‘pump and dump’ schemes, as bitcoin breached...
The Financial Crime Enforcement Network (FinCEN), a unit of the U.S. Treasury Department wants crypto exchanges to collect a lot more data about individuals transferring...
The new regulatory control will apply regardless of whether the providers possess the money or cryptocurrencies involved. The Bill of the Payment Services Act...
Law360 (January 6, 2021, 8:45 PM EST) — Cryptocurrency heavy hitters are blasting attempts by the U.S. Department of the Treasury to regulate the industry,...
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks...
Popular wallet provider and crypto trading platform Blockchain.com has announced it will be delisting XRP and suspending its trading next week, following in the steps...
Any entity that facilitates the transmission, exchange or storage of digital payment tokens (DPT) will now have to be licensed, following enhancements to the Payment...
XRP has once again lost its place as the fourth-largest cryptocurrency, with lawsuits mounting against Ripple after one of its major investors followed the SEC...
The financial-crimes unit of the US Department of the Treasury is pursuing a new regulation that would place a higher burden on cryptocurrency exchanges like...
Jack Dorsey, the CEO of Twitter and Square, isn’t happy about the new proposed cryptocurrency regulation. He emphasized how the regulation would hurt Square, a...
With Lition as an active advisor, the German government has recently passed new blockchain regulations. Germany has legalized electronic securities that are based on blockchain....
Binance, the world’s largest digital asset exchange, says it remains committed to innovating in 2021 in an increasingly “decentralized” world. Binance CEO Changpeng Zhao or...
Avacus Co Ltd must build an AML/CTF risk management system that ensures transactions are confirmed and recorded at the time of transaction. The Tokai Finance...
Binance.US, the American branch of the global crypto exchange, and crypto-friendly asset trading service eToro are the latest platforms to suspend XRP trading in the...
David Schwartz is decrying maximalism in the crypto space, whether it’s for Bitcoin, Ethereum, or even his own company’s favorite asset, XRP. Ripple’s chief technology...
Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the...
Legal & Regulation Congress Members Request Treasury to Extend Comment Period on FinCEN’s Latest Crypto Regulation AnTy January 1, 2021 3,257 comments have been submitted...
The United States Financial Crimes Enforcement Network, or FinCEN, issued a brief note on Dec. 31, announcing its intention to propose a change in the...
Normal text sizeLarger text sizeVery large text size From the mid-1930s to mid-1970s, Australian workers enjoyed a boom in their paid leave entitlements. Thanks to...
Paolo Ardoino, the outspoken chief technology officer of Bitfinex, took to Twitter this week to dispel concerns that Tether could be the next target of...
Several industry players have been quite vocal with respect to the proposal by the US Treasury Department and the Financial Crimes Enforcement Network [FinCEN] which...
Facebook-backed Libra Association’s rebrand to Diem looked to quash negative perceptions of the project, but its new name has not changed the regulatory pressures the...
2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as...
Source: iStock/TwilightShow New government regulations that will force South Korean crypto exchanges to cease order book sharing with overseas trading platforms could have a seismic...
As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated...
The US crypto community faces a lot of tension with the strict FinCEN’s proposed crypto regulations that will restrict crypto use to a sizeable extent,...
Cryptocurrency exchange Bittrex announced on Dec. 29 that it will be removing all XRP markets starting from Jan. 15, 2021. Trading pairs affected are BTC/XRP,...
Why crypto’s future may hinge on Biden’s administration Regulators may also soon scrutinise the world’s biggest cryptocurrency more closely, following its whirlwind rally and near...
With the two-week commentary period winding down, Jerry Brito, executive director of non-profit crypto policy advocate group Coin Center, says comments could make a difference...
WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety FAA lays out its remote ID ‘license plate for drones’ requirements ZUG, Switzerland...
India’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central...
Source: Adobe/sorapop The fourth-largest cryptoasset, XRP, crashed to September lows after US-based major exchange Coinbase said it will join other trading platforms in suspending trading...
Acting Comptroller of the Currency and former Coinbase legal chief, Brian Brooks, says he concerned that members of the Congress are urging the incoming Biden...
With Joe Biden having anointed Ms Yellen as his treasury secretary, her anti-crypto sentiment has made some investors nervous that crippling regulations are in store...
Coinbase, one of the largest and most influential cryptocurrency exchanges in the United States, announced today that it will halt trading in XRP on Jan. 19. “In...
The following discussion and analysis of our financial condition and results of operations for the years ended September 30, 2020 and 2019 should be read...
“Lots of these crypto companies both onshore and offshore are willing to push regulation and build great innovation,” he said. “I would love an … Visit...
The Federal Aviation Administration (FAA) has published its final rule on Remote ID for drones, clarifying the details about the previously announced remote identification plan...
Share Tweet Share Share Share Email Bitcoin has had a good year despite numerous global challenges, becoming more popular than ever. But in doing so,...
U.S. Treasury Secretary Steven Mnuchin recently dropped a proposal requiring exchanges and crypto platforms to verify the identity of customers exporting digital assets to self-hosted...
NEW YORK: It’s been a tough year by all accounts. But for Bitcoin, 2020 has been a marvelous time. The cryptocurrency tripled, surpassing US$20,000 for...
Just over a month ago on Nov. 24, XRP’s value surged to above the $0.90 mark on U.S. cryptocurrency exchange Coinbase, albeit momentarily, leading many...
MUMBAI: A fresh set of rules proposed by the US Financial Crimes Enforcement Network (Fincen) call for US exchanges to report transfers of cryptocurrency such...
The Securities and Exchange Commission sinks the firm behind another initial coin offering. Per a Dec. 21 cease and desist order, the SEC has determined...
Unregulated stablecoins such as Tether face increasing regulatory pressure from the U.S. government. A new U.S. bill called the Stable Act is stirring anxiety in...
Ripple CEO Brad Garlinghouse has responded to the latest regulatory complaint against XRP, assuring shareholders that the company will prove their case in the court....
As the country struggles with soaring consumer prices and an inflation rate in the double digits, in an announcement to members of Turkey’s Parliament central...
Central bank digital currencies burst into the limelight earlier this year when news started making the rounds that China was on the verge of launching...
The Russian government is anticipating more cryptocurrencies to be issued in the local market in 2021, according to a senior official. Anatoly Aksakov, a member...
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for...
While 2020 has been a landmark year for the crypto space, there have been a few notable letdowns. Despite the growing mainstream acceptance of virtual...
A leading association of state banking regulators is trying to put the U.S. national banking regulator in its place on the issue of fintech registration....
When Bitcoin is cautiously approaching the $25,000 mark, the derivatives market remains bullish on the digital currency. More and more professional investors are betting on...
Elad Roisman will take over as Chairman of the United States Securities and Exchange Commission effective immediately, according to Commissioner Hester Peirce. Peirce broke the...
This past Friday, the US Department of the Treasury published a Notice of Proposed Rulemaking (NPRM) to the Federal Register that may require financial institutions...
The United States is in desperate need of open-minded cryptocurrency regulations from the incoming Biden administration, according to Galaxy Digital CEO Mike Novogratz. Appearing in...