EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest – Regulation Bitcoin News
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a...
Regulation
China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning – Regulation Bitcoin News
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in...
Financial Watchdog FinCEN Recruits First-Ever Chief Digital Currency Advisor – Regulation Bitcoin News
Following the Financial Crimes Enforcement Network (FinCEN) explaining the misuse of cryptocurrencies is a national priority last week, the bureau...
4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets – Regulation Bitcoin News
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of...
FinCEN Names Misuse of Cryptocurrencies a National Priority – Regulation Bitcoin News
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In...
New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange – Regulation Bitcoin News
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding...
Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System – Regulation Bitcoin News
The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K. Quarles, doubts...
South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework – Regulation Bitcoin News
With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to...
‘Doctor Bitcoin’ Pleads Guilty to Running Illegal Crypto Exchange in US, Faces 5 Years in Prison – Regulation Bitcoin News
A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash...
South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time – Regulation Bitcoin News
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be...
Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor – Regulation Bitcoin News
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto...
Crypto Travel Rule Working Group Launches 2.0 Protocol ‘Solving the Discoverability Problem’ – Regulation Bitcoin News
Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule...
Report – Regulation Bitcoin News
Robinhood Markets Inc., the American financial services company headquartered in Menlo Park, California, has seen its initial public offering (IPO)...
FCA Warns 111 Crypto Firms Are Operating Illegally in UK — Says ‘This Is a Very Real Risk’ – Regulation Bitcoin News
U.K.’s financial regulator, the Financial Conduct Authority (FCA), has warned that 111 companies are offering crypto services in the country...
Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far – Regulation Bitcoin News
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin...
Privacy Is Key for Successful Digital Euro, Data Protection Body Says – Regulation Bitcoin News
The European Data Protection Board (EDPB) has issued a call for EU institutions to uphold privacy when designing a digital...
Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’ – Regulation Bitcoin News
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain...
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer – Regulation Bitcoin News
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges...
South African Bank Denies Business Relationship With Fraud Accused Africrypt – Regulation Bitcoin News
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently...
Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit – Regulation Bitcoin News
In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit,...
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues – Regulation Bitcoin News
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank...
Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation – Regulation Bitcoin News
Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we...
