Australia to map all cryptocurrencies in the country
Australia’s crypto mapping exercise seeks to help authorities know about which crypto assets are used in the country. The review...
Regulation
FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange – Regulation Bitcoin News
The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX...
Indian Police Search for Bitconnect Founder After the US Indicted Him for Defrauding Crypto Investors – Regulation Bitcoin News
The Indian police have launched an investigation into Bitconnect and booked its founder after a bitcoin investor reported being defrauded...
‘De-risking’ Crypto Firms Potentially Creates ‘Opacity in Financial Conduct’ – Regulation Bitcoin News
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not...
British Fintech Revolut Granted Crypto License in Cyprus – Regulation Bitcoin News
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old...
Colombia Plans to Launch Digital Currency to Reduce Tax Evasion – Regulation Bitcoin News
The government of Colombia revealed it has plans to launch a digital currency. One of the purposes of this new...
UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries – Regulation Bitcoin News
A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing...
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies – Regulation Bitcoin News
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in...
Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates – Regulation Bitcoin News
It is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded...
India Freezes Peter Thiel-Backed Vauld’s Crypto and Bank Assets Worth $46 Million – Regulation Bitcoin News
India’s Enforcement Directorate (ED) has frozen crypto exchange Vauld’s crypto and bank assets worth about INR 370 crore ($46,439,181). Vauld...
UAE Now Requires Agents to Report Real Estate Transactions Where Virtual Currency Is Used as Payment – Regulation Bitcoin News
The United Arab Emirates (UAE) has said it now requires real estate agents, brokers, and law firms to report to...
Moroccan Capital Markets Regulator Launches Fintech Portal – Regulation Bitcoin News
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a...
Nearly 13,000 Chinese Social Media Accounts Promoting Virtual Currency Closed – Regulation Bitcoin News
Nearly 13,000 Chinese social media accounts that allegedly promoted virtual currency investments were closed, the Cyberspace Administration of China recently...
3 Bills Introduced in US to Make CFTC Primary Regulator of Crypto Spot Markets – Regulation Bitcoin News
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to...
Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September – Regulation Bitcoin News
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on...
Shark Tank Star Kevin O’Leary Buys the Bitcoin Dip — Says Crypto ‘Desperately Needs Policy’ – Regulation Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off....
UK Parliamentary Group Seeks Views of Crypto Industry Players – Regulation Bitcoin News
A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it...
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market – Regulation Bitcoin News
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC)...
National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay – Regulation Bitcoin News
The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a...
Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the...
Kenyan Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs – Regulation Bitcoin News
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions...
SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as...
