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Regulation
Crypto ‘cannot be partisan,’ says US lawmaker who scored negative on bipartisanship…
United States House of Representatives member Tom Emmer has reportedly suggested that regulating and encouraging innovation in the crypto space should not be a political win for either Democrats or Republicans.According to an interview…
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Fed warns banks against crypto-related activies
The Federal Reserve Board wants to see banks take time to understand the cryptocurrency space first before diving in.
The US Federal Reserve Board has warned banks looking to engage in crypto-related activities or offer such services…
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Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity…
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency,…
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Binance froze $1M corporate account due to law enforcement request
Major crypto exchange Binance has confirmed it restricted account access to $1 million in crypto for a Tezos tool contributor after being called out on social media.In a Thursday Twitter thread, Binance said it had restricted the account…
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Australia to map all cryptocurrencies in the country
Australia’s crypto mapping exercise seeks to help authorities know about which crypto assets are used in the country.
The review is also meant to offer insights into how to better protect investors amid potentially harmful crypto…
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Bitstamp Sees ‘Massive Crypto Interest’ From Institutional Clients – Regulation Bitcoin…
The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he…
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Tether says it would not freeze sanctioned Tornado Cash addresses unless instructed by law…
On Wednesday, U.S. dollar stablecoin issuer Tether (USDT) said that it would not freeze smart contract addresses sanctioned by the U.S. Office of Foreign Assets (OFAC) Control's Specially Designated Nationals and Blocked Persons (SDN)…
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US lawmaker writes to Treasury about Tornado Cash sanctions
US Congressman Tom Emmer (R-MN) wants answers from the Treasury Department over the sanctions the agency imposed on Tornado Cash.
In a letter addressed to Treasury’s Janet Yellen on Tuesday, Rep. Emmer highlighted his take on the…
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FDIC Issues Crypto-Related Cease and Desist Orders to 5 Companies Including FTX US Exchange –…
The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US. CEO Sam Bankman-Fried explained that FTX does not have FDIC insurance, stating: “We never meant…
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Are non-KYC crypto exchanges as safe as their KYC-compliant peers?
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators stay put on promoting KYC and…
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