Crypto OTC trading to get traction due to FTX fiasco, exec says
Before the rise of centralized exchanges (CEXs), over-the-counter (OTC) trading was the go-to method to buy or sell cryptocurrency for...
Regulation
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto – Regulation Bitcoin News
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a...
Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers – Regulation Bitcoin News
Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local...
Bank of England’s Cunliffe Pushes for Crypto Regulation — Sees ‘Real’ Benefits for UK – Regulation Bitcoin News
Bank of England Deputy Governor Sir Jon Cunliffe has revealed that the British central bank is planning to step up...
Buenos Aires to Tax Cryptocurrency Mining in 2023 – Regulation Bitcoin News
The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, in 2023. A new proposal...
Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets – Regulation Bitcoin News
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is...
US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX – Bitcoin News
A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he...
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges – Regulation Bitcoin News
The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha,...
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say – Regulation Bitcoin News
Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They...
G20 Countries to Build Crypto Policy Consensus for Better Global Regulation – Regulation Bitcoin News
The G20 countries aim to build a policy consensus on crypto assets for better global regulation. “After the crypto meltdown...
Banks must get approval before offering crypto, says NYDFS
New York Department of Financial Services published the new guidelines on 15 December 2022. All banking organisations must apply for...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions – Regulation Bitcoin News
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses...
Brazil Central Bank plans to launch CBDC in 2024
Brazil Central Bank is planning to launch a CBDC in 2024. According to the president of the central bank, digital...
US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures – Regulation Bitcoin News
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify...
Thai SEC to tighten up rules for crypto, focus on investor protection
Thailand joins the growing list of countries that are seeking to revise their crypto regulation in the aftermath of the...
US senator calls on SEC’s Gensler to answer for ‘regulatory failures’
Minnesota Senator Tom Emmer has slammed U.S. Securities Exchange Commission (SEC) Chairman Gary Gensler for his flawed “crypto information-gathering efforts,”...
Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says – Regulation Bitcoin News
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a...
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized – Regulation Bitcoin News
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the...
Paraguayan Cryptocurrency Law Shelved After Presidential Veto – Regulation Bitcoin News
The cryptocurrency and mining law that the Paraguayan Congress passed in June was finally shelved on Dec. 5. The document,...
FTX’s Bankman-Fried to face market manipulation probe, Do Kwon chimes in
United States federal prosecutors have reportedly begun investigating whether the collapse of the Terra ecosystem was in fact triggered by...
Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready – Regulation Bitcoin News
Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF)...
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry – Regulation Bitcoin News
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has...
