Category: Regulation
Cryptocurrency Regulation News
US Senator Warren urges SEC to Address Crypto Exchange Outages and other Issues
On Tuesday, Senator Elizabeth Warren called on Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC) to increase oversight in regard to…
US SEC Has Charged BitConnect And Its Founder with A $2B Crypto Fraud
Long after BitConnect (a platform for crypto trading) quitted functioning, the US Securities-and-Exchange-Commission has now alleged the founder thereof for fraud. Satish Kumbhani, as well…
You Can Use Top Cryptos to Pay for Your Tattoo Inking
Devilz Tattooz firms declared working with cryptocurrency exchanges such as Trust wallet and WazirX to accept crypto payments in its tattoo business. Though the Indian…
Binance Responds to South African Regulator’s Accusations
It took a while for Binance to finally come up with a response to the accusations leveled against it by the Financial Sector Conduct Authority…
Will Bitcoin Be Accepted in Panama and India?
High-ranking officials in both Panama and India believe that their governments should allow their citizens to pay for goods and services with Bitcoin. Gabriel Silva,…
Industry Ministry of Iran Retracts From Its Allegation against Crypto Miners
Bitcoin and other crypto-miners have been given clean chit by the Ministry of Industries Iran by suggesting that the miners were not the cause of…
“Crypto Requires Regulation Like Assets”, Says VP of ECB
Luis De Guindos, who is the Vice President at the European Central Bank (ECB) believes there is immediate need to regulate cryptocurrencies as well as…
China Will Maintain a Strong Level of Pressure on Crypto, a Spokesman Warns
The People’s Bank of China warned the public to be aware of the hazards associated with cryptocurrency investments and to refrain from doing so. According…
Illegal Crypto Mining Facilities Raided in Spain
Local Police in Toledo, Spain raided a premise where illegal crypto mining activities were going on. After arresting the operators of the mining facility, the…
VanEck Files With The SEC An ETH Futures ETF Application
The United States SEC has confirmed the receipt of another Exchange-Trust Fund application adding to the list of applications received. This time, the application is…
Russian Government Ordered To Identify Public Officials Holding Crypto Assets
Several Russian Ministries as well as the Bank of Russia have been given the task to identify the public officials who are holding virtual assets…
Report: US Treasury Department Is Set To Clarify Cryptocurrency Tax Reporting Rules In Infrastructure Bill
The Treasury Department of the United States is reportedly looking for the brokers’ definition in the recently submitted infrastructure bill, which was approved by the…
Gary Gensler Says Bitcoin’s Creation Is Catalyst for Change but Regulation Is Necessary
Gary Gensler, the Chairman of the Securities & Exchange Commission of the US (SEC) appreciates Bitcoin’s invention by suggesting what Satoshi Nakamoto did was a…
The SEC Requires More Power To Regulate Crypto
According to the securities regulator, Lawmakers should prioritize exchanging, lending, as well as decentralized finance. Gary Gensler, which is the Chairman of the Securities and Exchange…
Virtual Asset Trading & Spending Legalized In Ukraine
As per the announcement of the Ukrainian Digital Ministry, the Ukrainians would be able to buy, sell, exchange, hold virtual assets or even establish crypto…
Authorities In China Take Action Against 380 Cryptocurrency Fraud Groups
The data records of the country’s anti-fraud center pointed out and enacted against up to 380 illegitimate groups that were suspected to be involved in…
South Korean Authorities Tighten Their Crackdown On Cryptocurrency Tax Evaders
The South Korean authorities are considering revising the country’s tax laws to allow financial officials to confiscate cryptocurrency assets kept by the tax evaders. Regulations…
Germany’s Law for Holding of Cryptocurrencies is Soon to Come into Effect
For all having something to do with the cryptocurrency industry based in Germany, the institutional fund’s law for cryptocurrencies will be in effect soon. As…
Regulatory Authorities In The US Discuss Stablecoins Regulation
As regulators become increasingly aware of the fast-developing class of cryptocurrencies, the United States secretary Janet said on Friday she would have a meeting with…
SEC’s Chairman Issues Crypto Guidelines for Security-Based Swaps
Gary Gensler, the newly elected Chairman of the Securities & Exchange Commission (SEC) has provided for crypto guidelines relating to those digital assets which have…
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