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FinCEN Extends Crypto Rulemaking Review Period as Senate Confirms Janet Yellen
27.1.2021
The Financial Crimes Enforcement Network (FinCEN) has issued a notice extending the comment period for its crypto wallet proposal. The extension came shortly after the U.S. Senate confirmed Janet Yellen as the new U.S. Treasury Secretary. FinCEN Extends Comment Period for Crypto Wallet Rulemaking...
Apple updates iOS to fix crypto wallet security vulnerabilities
27.1.2021
Coinbase’s head engineer is warning iOS users to update their mobile devices as soon as possible
California Man Loses $27,000 in Bitcoin After Falling Prey to Crypto Scammers
26.1.2021
In Daly City, California, authorities are investigating a crypto scam incident where a man lost $27,000 worth of bitcoin. A 48-year-old man claimed the scammers tricked him into giving them the keys to his wallet. Scammer Impersonated a Crypto Wallet Hardware Firm Ledger Representative Per KTVU...
Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review
22.1.2021
New U.S. President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets. Biden will appoint someone to “review any new or pending rules,” the White House has announced. FinCEN’s...
President Biden freezes FinCEN's proposed crypto wallet regulations
21.1.2021
President Joe Biden has frozen all regulatory processes including proposed FinCEN rules detrimental to the crypto industry
Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review
21.1.2021
President Joseph Biden has frozen all agency rulemaking, including former Treasury Secretary Steven Mnuchin’s controversial proposal on “unhosted wallets,” according to a prominent cryptocurrency lawyer. The story is developing and will be updated
Trezor crypto wallet warns users of doppelgänger scam app on Google Play
19.1.2021
The fake Trezor app has been downloaded by at least 1,000 people on the Android’s app store Google Play
Freedom Fighting Atilis Gym Chooses to Accept Crypto Donations- BCH Supporters Set Gym Up With an Uncensorable Fundraiser
18.1.2021
After the co-owner of the Atilis Gym in New Jersey appeared on TV and told the public the state confiscated over $173k from the gym owner’s bank account, Ian Smith revealed Atilis Gym has now set up a crypto wallet. Smith explained that a number of people didn’t want to donate using...
FinCEN Extends Comment Period for Controversial Crypto Wallet Rule by 15 Days
14.1.2021
The Financial Crimes Enforcement Network is providing an additional 15 days for comments on the proposed reporting requirements regarding unhosted crypto wallets
Blockchain Bites: JPMorgan’s $146K BTC Target, Crypto Responds to US Treasury’s Proposed Wallet Rule
5.1.2021
PLUS: The OCC's green light for banks to use stablecoins, Brazil's booming crypto sector and the bitcoin mining machine supply crunch
Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules
5.1.2021
"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said
Andreessen Horowitz joins push against FinCEN's 11th-hour crypto rules
5.1.2021
The venture capital firm has taken issue with U.S. regulators latest move against crypto
183 Violations: US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency
1.1.2021
The U.S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs.”...
Ledger data leak: A ‘simple mistake’ exposed 270K crypto wallet buyers
24.12.2020
Ledger wallet users face mounting home invasion and other scareware threats as hacker dumps private customer information online
Electronic Frontier Foundation: US Government Will Expand Financial Surveillance Through FinCEN’s Proposed Crypto Wallet Rules
24.12.2020
The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The Nonprofit Organization Is Concerned About New Rules...
FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi
23.12.2020
FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance
G-Wallet Ushers in New Era With Hybrid Wallet
22.12.2020
PRESS RELEASE. G-Wallet, a decentralized crypto platform and wallet provider has revealed a series of updates on its blockchain ecosystem. The updates focus on the development of its hybrid wallets and other features offered by the blockchain platform. G-Wallet is Building a Sustainable...
The launch of Apple Pay in Lumi Wallet simplifies crypto purchasing and increased newcomers hundreds of times
21.12.2020
Since December, Lumi Wallet’s customers can purchase crypto via Apple Pay
US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules
19.12.2020
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do,...
Two Rubygems Infected With Crypto-Stealing Feature Malware Spotted by Researchers
19.12.2020
New infected Rubygems packages have been spotted in its open-source software repository and which contained malicious code mainly used to steal cryptocurrencies from users via supply chain attack. Two Cryptocurrency-Stealers Rubygems Detected by Researchers at Sonatype According to Ax Sharma,...