UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
United Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They...
Regulation
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...
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of...
The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20
New week, a new element of the crypto ecosystem is under attack. This time, the United States Securities and Exchange...
Zambia tests technology for crypto regulation, says minister Mutati
Bank of Zambia and the country's securities regulator are "testing technology" to enable the regulation of cryptocurrencies, said Technology and...
Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry – Regulation Bitcoin News
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that...
Terraform Labs and CEO Do Kwon Charged by SEC With Multibillion-Dollar Crypto Fraud – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged Terraform Labs and its CEO, Do Hyeong Kwon, with fraud, alleging...
Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations – Regulation Bitcoin News
The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency...
UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved – Regulation Bitcoin News
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs....
Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions – Regulation Bitcoin News
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions....
Market analyst says SEC “just starting” its war on crypto
Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown...
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using...
Kraken’s staking down, FTX post-bankruptcy hell, Binance news…
Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions – Regulation Bitcoin News
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services....
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC – Regulation Bitcoin News
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with...
