Tag: Regulation

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Malaysia Seizes 1,720 Bitcoin Mining Machines in Electricity Theft Crackdown

Police in Malaysia have shut down a bitcoin mining operation and seized 1,720 bitcoin mining machines in a major electricity theft crackdown following public complaints. “Police inspected 75 premises around the district and 30 of them were found to be carrying out illegal bitcoin mining activities and stealing electricity.” Malaysian Authorities Shut Down Bitcoin Mining…
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Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’

The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed its Ontario users that they no longer have to close their accounts by year-end.…
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Israel’s Pro Crypto Move, Shanghai’s Metaverse, Bitcoin-Backed USD 100M Credit Facility + 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: Israel’s Pro Crypto Move, Shanghai’s Metaverse, Bitcoin-Backed USD 100M Credit Facility + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto News Rewind 2021: Q4 – Pandora Papers, India’s Regulatory Saga, Facebook to Meta and Other Rebrands

  Here is what happened in the Cryptoworld in the last quarter of this year: Total crypto market capitalization in Q4 And thus ended the year. Happy 2022.  ____… Read More: Crypto News Rewind 2021: Q4 – Pandora Papers, India’s Regulatory Saga, Facebook to Meta and Other Rebrands  Read more »Pay, Trade, Buy Bitcoin with…
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El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief

  A former Governor of the central bank of El Salvador has claimed that the state-run Chivo bitcoin (BTC) app would have already been shut down by regulators if it were a private company…. Read More: El Salvador Bitcoin App Should Have Been Audited Long Ago, Claims Ex-Central Bank Chief  Read more »Pay, Trade, Buy…
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SEC Chairman Gary Gensler Adds Crypto Adviser to Executive Staff

The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to Chairman Gary Gensler’s executive staff. Among them is Corey Frayer, who advises Gensler on “SEC policymaking and interagency work relating to the oversight of crypto assets.” SEC Has New Adviser for the Oversight of Crypto Assets The U.S. Securities and Exchange…
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Indian Regulator SEBI Wants Mutual Funds to Stay Away From Crypto Investments Until Legislation Is Finalized

The Securities and Exchange Board of India (SEBI) has reportedly asked mutual fund companies not to get involved or invest in any type of crypto asset-based investments until the Indian government has come up with cryptocurrency legislation. SEBI Asks Mutual Fund Companies to Wait for Crypto Legislation The chairman of the Securities and Exchange Board…
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SEC chair has a new senior adviser for crypto

Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency…
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Crypto News Rewind 2021: Q3 – Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation

  Here is what happened in the Cryptoworld in the third quarter of this year: Total crypto market capitalization in Q3 And with this ended the third quarter of 2021. ____… Read More: Crypto News Rewind 2021: Q3 – Bitcoin Becomes Legal Tender & Gets Taproot, Improved Ethereum, NFTzation  Read more »Pay, Trade, Buy Bitcoin…
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Another Crypto Winter Or a New Dawn for NFTs – Industry Insiders Share More 2022 Predictions

  2022 is right around the corner, and we have once again gathered some interesting predictions about what the new year could hold for the crypto space. And as usual, opinions are divided on what to expect, with some fearing regulations could become a showstopper for crypto, and others expressing optimism…. Read More: Another Crypto…
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