Tag Archives: Bitcoin Regulation

30May/19

Russia’s Largest Bank Scraps Crypto Plans Even with Pro-Bitcoin CEO

Sberbank, the largest bank in Russia, is scrapping its crypto plans, citing the anti-bitcoin sentiments of government regulators. Ironically, the CEO of Sberbank, Herman Gref, is a bitcoin proponent. However, others atRead More…

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23May/19

Jeremy Allaire’s Circle Lays Off 10% of Staff amid Prickly US Regulation

Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes.” Circle CEO Jeremy AllaireRead More…

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22May/19

Japan Targets Bitcoin Exchanges for Money Laundering as G20 Looms

Japan’s financial regulators are considering enacting new rules aimed at bitcoin exchanges as it steps up anti-money laundering countermeasures. This issue will also be raised at the forthcoming G20 Summit, which takesRead More…

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21May/19

Nabbed! SEC Reels in $30 Million Alleged Diamond-Backed Crypto Scam

The U.S. SEC has secured a court order to stop an alleged diamond-backed Ponzi scheme estimated to be worth around $30 million. The securities regulator outlined how more than 300 investors wereRead More…

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17May/19

Kraken Turns Tables on Canadian Regulators in Nine-Page Rebuttal

Kraken is not pleased with the way Canadian regulators propose to go about governing crypto trading platforms. In a sternly written paper to the Canadian Securities Administrators and the Investment Industry RegulatoryRead More…

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08May/19

$41 Million Binance Heist Will Trigger Regulators, Warns Billionaire Bitcoin Bull

Bitcoin bull and the CEO of digital assets merchant bank Galaxy Digital, Michael Novogratz, has warned that the hacking suffered by the world’s largest cryptocurrency exchange Binance could invite more investor scrutiny.Read More…

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