Iran to Increase Penalties for Unauthorized Cryptocurrency Mining – Regulation Bitcoin News
Iran has drafted new rules to increase penalties for illegal cryptocurrency mining in the country, including additional fines and imprisonment....
Regulation
SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale – Regulation Bitcoin News
Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by...
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months – Regulation Bitcoin News
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from...
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper – Regulation Bitcoin News
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking...
Indian Crypto Exchanges Disable UPI, Other Payment Options – Regulation Bitcoin News
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system....
China-based regulatory and trade associations target NFTs in latest risk notice
The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning...
Ethereum Developer Virgil Griffith Sentenced to 5+ Years in US Prison for Violating North Korean Sanctions – Regulation Bitcoin News
An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded...
FDIC Asks Thousands of Banks to Disclose Crypto Plans – Regulation Bitcoin News
The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare...
Coinbase suspends crypto payment services days after India launch
The largest US-based crypto exchange Coinbase has stopped payment services through United Payments Interface (UPI) on its platform for Indian...
Miami Mayor Outlines ‘Vision for Bitcoin America’ — Says We Must Integrate BTC Into Every Aspect of Society This Year – Regulation Bitcoin News
The mayor of the U.S. city of Miami, Florida, has unveiled his “Vision for Bitcoin America 2024.” Stressing that the...
Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender – Regulation Bitcoin News
A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to...
National Bank of Georgia to Regulate Country’s Crypto Sector – Regulation Bitcoin News
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor...
Toomey drafts bill to exempt stablecoins from securities regulations
Republican Senator Pat Toomey, the ranking member for the Senate Banking Committee, has drafted a bill proposing a regulatory framework...
Singapore adopts new law requiring virtual asset service providers to get licenses
In an attempt to implement tighter crypto rules, Singapore’s unicameral parliament has approved a law that will ensure all virtual...
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation – Regulation Bitcoin News
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place...
Aussie crypto ‘finfluencers’ face tough new legal restrictions
New warnings from the Australian Securities and Investments Commission (ASIC) on appropriate conduct for financial influencers could have a dramatic...
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force – Regulation Bitcoin News
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC)...
SEC Names Crypto an Exam Priority This Year – Regulation Bitcoin News
The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In...
Billionaire Mike Novogratz Says ‘People Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers – Regulation Bitcoin News
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago....
Biden’s Fed picks are likely headed to Senate vote after partisan delay
The United States Senate will vote on President Joe Biden’s nominations to the Federal Reserve after delays instigated by Republican...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto – Regulation Bitcoin News
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice,...
