Category: Regulation
Cryptocurrency Regulation News
Venezuelan Sunacrip Amends AML and KYC Policies for Crypto
New and fresh Regulations concerning Anti-Money Laundering (AML) and Know Your Customer (KYC) has been introduced by the Venezuelan Authority supervising financials and digital asset…
CEO of Turkish Crypto Exchange Thodex Has Reportedly Fled Away With Funds Worth $2B
According to some reports, it is highlighted that the CEO of Turkish Crypto Exchange company Thodex, Mr. Faruk Fatih Ozer, has escaped the country with…
Diem Association Seemingly Halts Its Lobbying Efforts in the Capital Of US
In the 2021 Q1 disclosure forms filled on the 20th of April, the enormous lobbying program by Facebook continued its puzzling and confusing work around…
No Foregone Conclusion Arrives Between Nigerian Central Bank and SEC Over Crypto Regulation
Discussions over Nigerian crypto regulation are still going on after several sessions between the Central Bank of Nigeria and the Securities & Exchange Commission (SEC)….
XRP Could Be Replaced If Ripple Loses the Lawsuit Says CEO
The ongoing battle with Ripple and the SEC continues, and CEO Brad Garlinghouse has recently stated that it is possible Ripple could end up potentially…
Microsoft’s Brad Smith Supports Crypto Regulation
Brad Smith, President of Microsoft, suggests the public interest is better served when the native currencies are duly regulated and supported by respective governments. Accepts…
Claim-Justice.com Review – Can You Get Money Back From A Bitcoin Scammer?
Claim Justice Review The world of crypto has gained so much popularity in the past few years, many investors and traders have shown their interests…
Senate Committee Gives Approval to Gary Gensler
Once more, the crypto market appears to be reaching new highs and the market crash that occurred back in February is all but forgotten. Last…
“Crypto Industry Requires Legal & Regulatory Framework Not Ban”, Says Nigerian VP
Nigeria’s Vice President, Yemi Osinbajo, has criticized Central Bank of Nigeria (CBN), its directives and the subsequent ban on crypto trading. Says that CBN should…
SEC Commissioner: SEC Needs To Regulate DeFi Operations In Order For It To Run Smoothly
Hester Pierce has been advocating for the introduction of a clear legal path for the DeFi ecosystem while allowing it the freedom to experiment in…
“US Needs to Adopt Innovation In Crypto Regulation” Says Congressman Patrick McHenry
Patrick McHenry, a US lawmaker from Congress, is well-known to be a big fan of Bitcoin. McHenry has provided a Bitcoin whitepaper on his official…
Crypto Bill Drafted and Presented To Indian Parliament, Government May Ban Crypto Trading
Finally a crypto bill namely “Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” has been presented before the Indian Parliament for approval. The session…
Biden’s New Administration May Prove Advantageous For Ripple And XRP Says Analyst
Joe Biden, the current President of the United States of America, is forming a new administration with new picks that it has made over recent…
Head Of European Central Bank Urges For Regulating Bitcoin
Head of European Central Bank urges for putting in place Bitcoin regulation. Says Bitcoin is one of those assets which are extremely speculative which is…
Colombian Regulator Allows Domestic Companies to Utilize Capital For Purchasing Bitcoins
Colombia’s regulator of companies/organizations, Superintendency of Corporations (SoC), issues a note explaining change in the policy. SoC says that the domestic companies can use their…
Coinbase to Suspend XRP Trading from January
Last week, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs over its XRP token and the company has had to…
Russian Sberbank Intends To Launch Digital Currency In Collaboration With JP Morgan
Sberbank, the largest banking and financial services firm has revealed its plan to launch its own digital currency. With the launch of the digital currency,…
Upbit Announces 24-Hour Crypto Withdrawal Delay to Increase Security
As malicious activities conducted by fraudsters in the cryptocurrency industry have risen high, cryptocurrency exchanges have started adopting new measures to ramp up the level…
IRS Issues Notices To Taxpayers For Not Depositing Tax On Gains Earned On Crypto Assets
US IRS says that large number of crypto owners did not furnish required details in their annual filings. Disclosure of information relating to cryptocurrency ownership…
US DOJ Orders Seizure of Crypto Worth $24M On Brazil’s Request
As part of the Brazilian investigation relating to the crypto scam, US DOJ had directed to seize $24 Million worth of cryptocurrencies. A matter was…
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