Taiwan’s Financial Supervisory Commission Set to Regulate Country’s Virtual Assets Industry – Regulation Bitcoin News
Taiwan’s Financial Supervisory Commission is set to be announced as the body that will oversee and regulate the virtual asset...
Regulation
Midsize US Banks Ask Regulators to Extend FDIC Insurance to All Deposits for 2 Years Before Another Bank Fails – Regulation Bitcoin News
The Mid-Size Bank Coalition of America has asked federal regulators to extend FDIC insurance to cover all deposits for the...
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...
Court Dismisses Former Monero Developer’s Bid to Have His Extradition to South Africa Declared Illegal – Regulation Bitcoin News
The Supreme Court of Appeal (SCA) in South Africa has rejected former Monero lead maintainer Riccardo Spagni’s bid to have...
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...
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...
Crypto industry may escape lasting damage from Silvergate liquidation
Banks are the lifeblood of a nation’s economic system, and any bank collapse is disturbing. Last week saw two failures....
Fix mistake in ‘48 hours’ or face ‘destruction’
Billionaire Bill Ackman has urged the United States government to “guarantee” all deposits held by Silicon Valley Bank (SVB) within...
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...
Russian Crypto Industry Association Asks Putin to Help With Regulations – Regulation Bitcoin News
The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of...
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP – Regulation Bitcoin News
The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange...
Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges
Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on...
India explores offline functionality of CBDCs — RBI executive director
India’s recently launched in-house central bank digital currency (CBDC) — the digital rupee — is now being tested for offline functionality, revealed...
US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’ – Regulation Bitcoin News
Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business...
Coinbase no longer accepts payments via Silvergate Bank
Cryptocurrency exchange Coinbase announced that it had terminated its partnership with Silvergate Bank as its U.S. dollar banking partner, citing...
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies – Regulation Bitcoin News
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules...
G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor – Regulation Bitcoin News
The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and...
