Crypto Not Suitable as Means of Payment or Store of Value – Regulation Bitcoin News
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment...
Regulation
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this...
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users – Regulation Bitcoin News
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end...
European Parliament to Cancel Vote on Crypto Assets Framework – Regulation Bitcoin News
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an...
Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions – Regulation Bitcoin News
Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia...
US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect – Regulation Bitcoin News
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of...
Amendments to Relevant Laws to Be Finalized in 2022 – Regulation Bitcoin News
The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset...
India Unveils Guidelines for Crypto Advertising – Regulation Bitcoin News
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services....
Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada – Regulation Bitcoin News
U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.”...
Grayscale Investments Asks Investors to Help Convince SEC to Approve Bitcoin Spot ETF – Regulation Bitcoin News
Grayscale Investments, the world’s largest digital asset manager, has launched a campaign aimed at convincing the U.S. Securities and Exchange...
Chinese Customs Authority Confiscates 49 Old ASIC Antminers – Regulation Bitcoin News
Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that...
Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills – Regulation Bitcoin News
The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts...
Fed Bans Senior Officials From Cryptocurrency Investing – Regulation Bitcoin News
The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have...
UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards – Regulation Bitcoin News
The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first...
US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender – Bitcoin News
Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El...
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’ – Regulation Bitcoin News
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel...
President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus – Regulation Bitcoin News
President Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register...
MTI Liquidators Reject Claim Peddled by Opponents, Insist the Entity ‘Was a Massive Fraudulent Scam’ – Regulation Bitcoin News
Liquidators of Mirror Trading International (MTI) have attacked the claim that declaring the collapsed bitcoin investment platform an unlawful scheme...
Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time – Bitcoin News
Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting...
South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’ – Regulation Bitcoin News
Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment...
SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the...
Global Regulators ‘Going Full Steam’ on Crypto — Official Says ‘Current Structure Is No Longer Fit for the Purpose’ – Regulation Bitcoin News
Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with...
