Regulation

Munger said China was “wiser” for banning crypto trading and that the US’ failure to act is like letting a “bad genie out of the bottle.” Charlie Munger, the Vice Chairman of Berkshire Hathaway says the US government made a “huge…
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The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice.…
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The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s capacity to carry out cross-border payments.…
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The UAE is eyeing companies and other providers within the growing crypto industry with a licensing framework that makes the country a crypto-friendly jurisdiction.  The United Arab Emirates is reportedly eyeing the global crypto and…
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The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by…
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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 or cryptocurrency transfers.In a Thursday announcement from…
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The UK regulator says it has powers to cancel the registration of a crypto business if it’s found not to be compliant with set requirements. Bitpanda announced the acquisition of DeFi custodian firm Trustology on Tuesday morning. UK’s…
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Grayscale Investments, the world’s largest digital asset manager, has launched a campaign aimed at convincing the U.S. Securities and Exchange Commission (SEC) to approve its bitcoin spot exchange-traded fund (ETF) application.…
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California State Senator Sydney Kamlager, representing the 30th Senate District, which includes parts of downtown Los Angeles, has introduced a bill that would amend the state’s code to allow for the acceptance of cryptocurrencies for…
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Federal Reserve officials and several other groups of employees will not be allowed to trade stocks, bonds and crypto such as Bitcoin starting May 1 Senior officials will need to give a 45-day notice and receive authorisation before…
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