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Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement


Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017, allowing individuals from sanctioned jurisdictions to trade on the platform

Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners


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...

What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation


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

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