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New Paypal Policy Lets Firm Fine Users $2,500 for Spreading ‘Misinformation,’ ToS Condemned and Called an ‘Abomination’
8.10.2022
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject...
Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners
8.10.2022
The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the country needs the energy currently used by miners. Mining Firms...
Bitcoin price finally made a move, and fireworks are sure to follow
7.10.2022
New crypto market trends are starting to emerge now that Bitcoin and equities markets move closer to make-or-break levels, which will determine the markets’ direction
What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
7.10.2022
The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned
Dapper Labs Restricts Services to Russia Amid EU Sanctions
7.10.2022
The collective that’s home to NFT collections NBA TopShot and Crypto Kitties will no longer support wallets, accounts or custody services that are traced to Russia
Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
7.10.2022
The report’s findings may affect the court’s decisions about custodial accounts and preference claims
US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds
7.10.2022
Federal officials alleged that John Khuu sold fake drugs for cryptocurrency, making over $5 million in the process
$4M in Crypto Sent to Pro-Russia Militias in Ukraine: Report
7.10.2022
Cryptocurrency worth at least $4 million and counting has been sent to groups supporting Russia's military in Ukraine, according to a Wired report. The analyses involved separate findings from cryptocurrency-tracing firms Chainalysis, Elliptic, and TRM Labs, along with investigators at Binance,...
Global Crypto Standards Due Next Week Could Test Regulators’ Tech Mantra
7.10.2022
Finance ministers from across the world are due to examine crypto regulations next week – but they may shy away from exploring DeFi
Indian Central Bank Publishes Concept Note on its CBDC, Digital Rupee
7.10.2022
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," the RBI said in its concept note
Partnership to Operate Malaysia's National Blockchain Infrastructure Sealed
7.10.2022
Malaysia's Blockchain Infrastructure will be jointly created and operated by Zetrix, a Malaysia-based layer-1 blockchain structure and MIMOS Technology Solutions Sdn. Bhd. (MTSSB), a tech consultancy and the infrastructure will be for all levels of government and commercial sectors, an announcement...
CFTC’s Regulation by Enforcement Needs to Change, Commissioner Says
6.10.2022
Commodity Futures Trading Commissioner Summer K. Mersinger, joined CoinDesk TV’s “First Mover,” to discuss the implications of enforcement by regulation and why it could be setting a “dangerous” precedent
Federal Preemption of State Money-Transmitter Licensing Would Be Great Policy
6.10.2022
EU’s Russian Crypto Ban Confirmed as Bloc Tightens Sanctions
6.10.2022
All crypto payments from Russians to European wallet providers will be forbidden under the measures
Crypto Exchange Binance Receives License to Operate in Kazakhstan
6.10.2022
The exchange had earlier got a preliminary approval to operate in the country
Terra Founder Do Kwon's Passport 'Invalidated,' S. Korea Says
6.10.2022
The South Korean Ministry of Foreign Affairs posted a public notice on its website Wednesday announcing it would invalidate Terra creator Do Kwon's passport
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
5.10.2022
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly...
Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for US Justice Department's Assessment
5.10.2022
A group of Republican lawmakers on the House Financial Services Committee have asked U.S. Attorney General Merrick Garland to share the Justice Department's assessment on whether the Federal Reserve has the necessary authority to issue a central bank digital currency (CBDC)
Second Crypto Group Objects to CFTC's Use of Chat Bot to Serve Legal Papers
5.10.2022
The DeFi Education Fund, a D.C.-based organization, has filed to join the Ooki DAO case in hopes of blocking the CFTC from being able to serve the DAO through a website post
EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules
5.10.2022
The text of the two laws was agreed to by national diplomats after political deals struck in June