SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has ordered crypto firm Sparkster and its CEO to pay $35 million into...
Regulation
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules – Regulation Bitcoin News
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s...
US Sentences Promoter of $3.4B Bitconnect Crypto Ponzi Scheme to 38 Months in Prison – Regulation Bitcoin News
The U.S. has sentenced a Los Angeles man to 38 months in federal prison for his role in the $3.4...
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities – Regulation Bitcoin News
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight...
UK Regulator Warns Crypto Exchange FTX Is Providing Services Without Authorization – Regulation Bitcoin News
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has issued a warning about cryptocurrency exchange FTX operating in the...
White House Releases ‘First-Ever’ Framework for Digital Asset Development — Crypto Industry Leader Says Recommendations Are Unclear – Regulation Bitcoin News
The White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets...
European Union to Launch Global Metaverse Regulation Initiative in 2023 – Regulation Bitcoin News
The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in...
Central Bank of Argentina Issues New Compliance Rules for Digital Wallets – Regulation Bitcoin News
The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country....
South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon – Regulation Bitcoin News
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea....
Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US – Regulation Bitcoin News
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five...
Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the...
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill – Regulation Bitcoin News
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending...
Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto...
Argentine Tax Authority AFIP Strengthens Supervision, Finds Three Clandestine Cryptocurrency Mining Farms – Regulation Bitcoin News
The Argentine tax authority (AFIP) found three different clandestine cryptocurrency mining farms last week. The farms were located in San...
Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry – Regulation Bitcoin News
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent...
Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments – Regulation Bitcoin News
The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative...
Saudi Arabia’s Central Bank Hires Virtual Assets and Digital Currency Program Lead – Regulation Bitcoin News
The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and...
Iran Starts Licensing Crypto Miners Under New Regulatory Framework – Regulation Bitcoin News
The government of Iran has reportedly started issuing licenses to crypto miners under the new “comprehensive and detailed” regulatory framework...
Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account – Regulation Bitcoin News
The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case,...
President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill – Regulation Bitcoin News
The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree...
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require – Regulation Bitcoin News
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on...
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry – Regulation Bitcoin News
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations...
