Senator Elizabeth Warren Urges Treasury Secretary Janet Yellen To "Act With Urgency" Regarding Cryptocurrency regulation

Senator Elizabeth Warren has urged Treasury Secretary Janet Yellen to develop a "coordinated and cohesive regulatory strategy" on cryptocurrencies. During the Senate Bank Committee Hearing, U.S. Senator Elizabeth Warren revealed...

Kazakhstan Opens Up Bank Accounts For Cryptocurrencies

With the Kazakhstani crypto market reaching a global scale, the country’s banks are considering forming crypto-based bank accounts that will allow citizens to invest in bitcoin, sell cryptocurrency on the...

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IMF Economists Say Cryptoassets And CBDCs Are ‘A Step Too Far’

In a recently published blog post, two economists working for the International Monetary Fund identified ‘cryptoassets’ and central bank digital currencies (CBDCs) as possible concerns for the future of global...

Tether Execs Reportedly Facing DOJ Probe For Bank Fraud

Tether, the firm behind the world’s third largest cryptocurrency by market capitalization, reportedly has its executives facing criminal investigation for alleged bank fraud, according to an initial report by Bloomberg....

Binance To Stop cryptocurrency margin trading with Australian dollar, euro and Pound

Following intense regulatory scrutiny, crypto exchange Binance has increased their compliance efforts, reducing maximum leverage on offer to traders, as well as suspending margin borrowing for several cryptocurrencies. The world’s...

Bitcoin’s success never depended on China Says Former Exchange Owner Bobby Lee

Bobby Lee is one of China’s first Bitcoin moguls, and recently discussed his thoughts on the current Bitcoin ban in China which he believes will continue to intensify, as well...

South Korea Steps Up Regulation Of Foreign Crypto Exchanges

South Korea is stepping up its regulatory scrutiny of unregistered foreign crypto exchanges, recently asking foreign virtual-asset service providers to register with them in order to avoid being shut down. ...

Ripple uses Crypto Mom’s criticism of SEC for its defence

The long-running legal battle between Ripple and the Securities Exchange Commission (SEC) is heating up. Ripple is now asking the court to consider remarks made by Hester Peirce that the...

European Legislation Could Make Crypto Transfers More Traceable

In a bid to curb money laundering, the European Commission is considering legislation that would require all crypto-asset transfers to include customer information of the parties involved.  EU Bids Goodbye...

Currency.com Enters CryptoUK’s Executive Committee To Help Steer Digital Asset Regulation

Aligning with its core values of privacy, security, accessibility, and compliance, leading crypto exchange Currency.com has joined CryptoUK as an executive committee member to help develop a clearer regulatory framework...

Can CBDCs and crypto co-exist?

The notion that CBDCs (central bank digital currencies) and cryptocurrencies can exist together seems a little uncertain at this stage, considering the amount of distaste central banks appear to have...

Ripple Labs And the SEC Come To An "Understanding" on Hinman Deposition

The ongoing Ripple Labs V Securities Exchange Commission case has reached a small compromise today, in the form of an “understanding” between the two parties regarding a deposition of former...

European Commission Proposes New AML Policies On Crypto Transactions

The European Commission proposed a new act today augmenting current Anti-Money Laundering regulations. The proposal is aimed at collecting additional information to contextualize and ground fund transfers from being misused...

Gherson Solicitors Confirms HMRC Crypto Data Gathering in the UK and Abroad

Gherson Solicitors has revealed that they have obtained data from HMRC confirming that it is gathering information from crypto exchanges and data holders outside the UK. Under the Freedom of...

Janet Yellen Urges US Government To Establish Regulatory Framework For Stablecoins

Treasury Secretary Janet Yellen has urged the US government and regulators to move quickly and establish a regulatory framework for stablecoins. She acknowledged that there isn’t an adequate framework in...