Tesla CEO Elon Musk Opposes ‘Hasty’ Cryptocurrency Regulation – Regulation Bitcoin News
Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian...
Regulation
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill – Regulation Bitcoin News
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus...
US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year – Regulation Bitcoin News
The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director....
Two Masterminds in Last Ditch Effort to Stall Liquidation of MTI – Regulation Bitcoin News
In a last-ditch attempt to stall the sale of Mirror Trading International (MTI) assets, two masterminds of the collapsed bitcoin...
Court Grants Liquidators Authority to Track Missing Africrypt Investor Funds – Regulation Bitcoin News
A South African court has granted liquidators of the collapsed bitcoin investment firm Africrypt the powers to track down missing...
US Lawmaker Introduces Legislation to Regulate Crypto Assets and Protect Investors – Regulation Bitcoin News
A U.S. congressman has introduced the Digital Asset Market Structure and Investor Protection Act. The legislation would “provide the Securities...
Ukrainian President Signs Law Opening Door for Digital Hryvnia, Regulatory Sandbox – Regulation Bitcoin News
President Volodymyr Zelensky has signed a law that will allow the National Bank of Ukraine to issue its own digital...
Finland Looking for Brokers to Sell Seized Bitcoins Worth $80 Million – Regulation Bitcoin News
Finland’s customs authority is looking for brokers to sell 1,981 bitcoins seized in drug cases. The coins are currently worth...
Biden to Step Up Crypto Tax Enforcement to Help Fund $1 Trillion US Infrastructure Plan – Regulation Bitcoin News
U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with...
US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money at Risk – Regulation Bitcoin News
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to...
IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender – Regulation Bitcoin News
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs...
Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges – Regulation Bitcoin News
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported,...
US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate Cybercrimes’ – Regulation Bitcoin News
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes....
Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024 – Regulation Bitcoin News
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of...
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments – Regulation Bitcoin News
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the...
Texas and Alabama Regulators Crackdown on Blockfi’s Interest Bearing Account Product – Regulation Bitcoin News
Fresh off the heels of Blockfi’s issues with the New Jersey Bureau of Securities, the company is now having problems...
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October – Regulation Bitcoin News
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which...
MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers – Regulation Bitcoin News
Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability...
South African Central Bank Warns Citizens Against Accepting Tainted Banknotes – Regulation Bitcoin News
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank...
Malaysia Flattens Seized Bitcoin Mining Rigs With Steamroller — Over 1,000 Machines Demolished – Regulation Bitcoin News
Over 1,000 bitcoin mining machines have been totally destroyed in Malaysia after they were seized for illegally mining the cryptocurrency...
Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk – Regulation Bitcoin News
Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re...
US Government Offers Cryptocurrency in ‘Rewards for Justice’ Program – Regulation Bitcoin News
The U.S. Department of State’s Rewards for Justice program is offering a reward of up to $10 million “for information...
