European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next...
Regulation
Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds...
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says – Regulation Bitcoin News
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are...
Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework – Regulation Bitcoin News
The Bank of England has revealed that it is working on sketching a regulatory framework for crypto assets, according to...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System – Regulation Bitcoin News
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the...
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’ – Regulation Bitcoin News
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector – Regulation Bitcoin News
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space....
We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions – Regulation Bitcoin News
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin News
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when...
Central Bank of Russia tightens P2P transactions monitoring, including those in crypto
The Central Bank of Russia (CBR) recommended that the nation’s commercial banks ramp up monitoring users’ transactions that could be aimed...
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation – Regulation Bitcoin News
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how...
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam – Regulation Bitcoin News
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets – Regulation Bitcoin News
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An...
Cryptocurrency Can Bring Growth to American Economy if Properly Regulated – Regulation Bitcoin News
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry – Regulation Bitcoin News
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating...
US Treasury Launching Cryptocurrency Awareness Program – Regulation Bitcoin News
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying...
Estonian Prime Minister Calls for Restriction of Cryptocurrencies – Regulation Bitcoin News
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used...
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’ – Regulation Bitcoin News
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s...
FinCEN Issues ‘Red Flags’ on Potential Sanctions Evasion Using Cryptocurrency – Regulation Bitcoin News
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory on Russian efforts to evade sanctions that includes a number...
LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities – Regulation Bitcoin News
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial...
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets – Regulation Bitcoin News
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto...
