Fed Chair Powell Provides Update on US Central Bank Digital Currency – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a...
Regulation
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman – Regulation Bitcoin News
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as...
India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA)....
Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News
The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club...
Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022 – Regulation Bitcoin News
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million...
Russian Crypto Industry Association Asks Putin to Help With Regulations – Regulation Bitcoin News
The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the...
SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of...
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP – Regulation Bitcoin News
The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange...
Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards – Regulation Bitcoin News
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on “an action plan to drive...
SEC Chairman Explains Why He Views All Crypto Tokens Other Than Bitcoin as Securities – Regulation Bitcoin News
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin...
US Senators Probe Crypto Exchange Binance About ‘Potentially Illegal Business Practices’ – Regulation Bitcoin News
Three U.S. senators have asked crypto exchanges Binance and Binance US for documents and answers pertaining to “potentially illegal business...
Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading – Regulation Bitcoin News
Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which...
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies – Regulation Bitcoin News
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules...
G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor – Regulation Bitcoin News
The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and...
Janet Yellen Says ‘Critical’ to Establish Strong Crypto Regulation — ‘We Haven’t Suggested Outright Banning’ – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says “it is critical to put in place a strong regulatory framework” for crypto on...
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy – Regulation Bitcoin News
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto...
IMF Board Offers Guidance for Developing Effective Crypto Policies – Regulation Bitcoin News
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies....
US Lawmaker Launches CBDC Anti-Surveillance State Act to Protect Americans’ Right to Financial Privacy – Regulation Bitcoin News
U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected...
New York Attorney General Sues Crypto Exchange Coinex — Claims Trading Platform Offers Unregistered Securities – Regulation Bitcoin News
New York Attorney General Letitia James has sued cryptocurrency exchange Coinex “for failing to register as a securities and commodities...
Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up...
US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers – Regulation Bitcoin News
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive...
Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status – Regulation Bitcoin News
Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its...
