Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules – Regulation Bitcoin News
A virtual currency cannot be circulated in the market as a currency, therefore a vehicle sale contract wherein parties agreed...
Regulation
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment – Regulation Bitcoin News
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment...
Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments – Regulation Bitcoin News
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with...
South Korean Government Calls for Voluntary Regulations From Crypto Industry – Regulation Bitcoin News
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as...
Bitcoin Fraud-Accused South African Radio Presenter Threatens Legal Action – Bitcoin News
Following accusations that he defrauded investors in his bitcoin investment scheme, the South African radio presenter Sebasa Mogale has said...
Russian Parliament to Review Bill Prohibiting Crypto Payments – Regulation Bitcoin News
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s...
Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation – Regulation Bitcoin News
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of...
Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine – Bitcoin News
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an...
Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa – Bitcoin News
A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in...
Colombia Takes First Steps Toward Regulating Cryptocurrency Exchanges – Regulation Bitcoin News
The Congress of Colombia has approved a bill that regulates the behavior of cryptocurrency exchanges in the country in its...
Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions – Regulation Bitcoin News
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and...
Director of Listed Chinese Company Embezzles $8 Million, Uses Funds to Purchase Bitcoin Mining Rigs – Regulation Bitcoin News
A Chinese prosecutor is reported to have given a thumbs up to the arrest of a listed big data company...
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows – Regulation Bitcoin News
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an...
Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison – Regulation Bitcoin News
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He...
Central Bank Digital Currencies Could Kill Cryptocurrencies – Regulation Bitcoin News
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case...
Central Bank of Armenia Urged to Regulate Cryptocurrencies – Regulation Bitcoin News
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space...
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments – Regulation Bitcoin News
The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to...
Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies – Regulation Bitcoin News
Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’ – Regulation Bitcoin News
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that...
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy – Regulation Bitcoin News
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the...
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ – Regulation Bitcoin News
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions...
Korean Government Considers Imposing Unified Listing Standard on Crypto Exchanges After LUNA, UST Collapse – Regulation Bitcoin News
The South Korean government is considering imposing tougher regulations, including a unified listing standard, on all cryptocurrency exchanges in the...
