SEC Needs New Tools, Expertise, and Resources to Regulate Crypto Industry – Regulation Bitcoin News
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new...
Regulation
EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions – Regulation Bitcoin News
EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified....
Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger – Regulation Bitcoin News
Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more...
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters – Regulation Bitcoin News
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the...
US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner – Regulation Bitcoin News
U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA)...
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says – Regulation Bitcoin News
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in...
US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency...
The US Government wants the Voyager-Binance deal to be halted
Key takeaways; The US Government wants to halt the $1 billion deal between Binance.US and Voyager Digital. The government said...
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The...
Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply – Regulation Bitcoin News
The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set...
FL Gov. DeSantis Proposes Ban on Central Bank Digital Currency Use as Money – Bitcoin News
Governor Ron DeSantis of the U.S. state of Florida has proposed legislation to prohibit the use of central bank digital...
Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA – Regulation Bitcoin News
The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser...
Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners – Regulation Bitcoin News
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability...
International Operation Takes Down Crypto Mixer Chipmixer — Creator Could Face 40 Years in Prison – Regulation Bitcoin News
An international operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more than $3 billion worth of...
Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards – Regulation Bitcoin News
U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers...
UK Widens Crackdown on Unauthorized Crypto ATMs – Regulation Bitcoin News
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has widened its crackdown on unauthorized cryptocurrency ATMs. “There are currently...
Egyptian Police Arrest 29 Alleged Masterminds of Crypto Mining App Scam – Regulation Bitcoin News
The Egyptian police are reported to have recently arrested 29 individuals associated with the Hoggpool cryptocurrency mining app scam. In...
Fed Chair Powell Provides Update on US Central Bank Digital Currency – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a...
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman – Regulation Bitcoin News
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as...
India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA)....
Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News
The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club...
Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022 – Regulation Bitcoin News
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million...
