Tag: Regulation

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State Street’s ‘Mega’ Crypto Plan, Hayes Pleads Guilty, Flexpool’s Message to Russia, Pulled NFT Sale + More news

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________     ____(Updated at 18:23 UTC with the Regulation news section.)… Read More: State Street’s ‘Mega’ Crypto Plan, Hayes Pleads Guilty, Flexpool’s Message to Russia, Pulled NFT Sale + More news…
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Top Trends at ETHDenver 2022: DAOs, DAOs, Regulation, DeFi, and DAOs

  ETHDenver 2022 has come and gone. Ethereum (ETH)’s annual developer conference took to Denver’s Sports Castle to showcase the latest upcoming projects in the ETH ecosystem and to enable community members to network with each other (and spread coronavirus)…. Read More: Top Trends at ETHDenver 2022: DAOs, DAOs, Regulation, DeFi, and DAOs  Read more…
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Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations

The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said the U.S. Department of Justice. Bitmex’s Founders Guilty of Bank Secrecy…
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ECB president calls for crypto regulation in response to Russia potentially evading sanctions

“It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught,” said Christine Lagarde. Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia…
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India Unveils Guidelines for Crypto Advertising

The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, finance sector regulators, and industry stakeholders before framing these guidelines.” India’s Crypto Ad Guidelines Published The Advertising Standards Council of India (ASCI) published Wednesday “guidelines for…
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US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security

The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public awareness information on digital asset security and how to ensure it remains secure.” Secret Service’s Crypto Awareness Hub The U.S. Secret Service announced…
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Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners

  A number of Chinese provinces have increased the rate at which crypto miners must pay for electricity – despite the fact that mining has been outlawed in the nation…. Read More: Chinese Provinces Tighten Crypto Crackdown – Despite Setting New Electricity Rates for Miners  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto could bypass President Biden’s ‘devastating’ sanctions on Russian banks and elites: Report

“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin,” said Mati Greenspan. The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off from payments on the SWIFT system…
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Sotheby’s Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Sotheby’s Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada

U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul…
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