We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions – Regulation Bitcoin News
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade...
Regulation
Facebook Owner Meta Sued for Publishing Scam Crypto Ads by Australian Regulator – Regulation Bitcoin News
The Australian Competition and Consumer Commission has filed a lawsuit against Meta, formerly Facebook, for “publishing scam advertisements featuring prominent...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin News
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers – Regulation Bitcoin News
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers...
President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’ – Regulation Bitcoin News
President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The...
Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services – Regulation Bitcoin News
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that...
We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions – Regulation Bitcoin News
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and...
DOJ Task Force ‘KleptoCapture’ to Target Crypto Exchanges in Sanctions Evasion Crackdown – Regulation Bitcoin News
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case – Regulation Bitcoin News
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to...
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector – Regulation Bitcoin News
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’ – Regulation Bitcoin News
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide – Regulation Bitcoin News
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot...
Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities – Regulation Bitcoin News
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday....
US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O’Leary – Regulation Bitcoin News
Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open...
Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets – Regulation Bitcoin News
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto...
US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S....
Crypto Not Suitable as Means of Payment or Store of Value – Regulation Bitcoin News
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment...
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this...
Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds – Regulation Bitcoin News
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged...
European Parliament to Cancel Vote on Crypto Assets Framework – Regulation Bitcoin News
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an...
Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions – Regulation Bitcoin News
Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia...
