Tag Archives: Regulation

16Nov/21

US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud

The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect. In a Nov. 16 announcement, the JusticeRead More…

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10Nov/21

Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry

Every time a new Bitcoin (BTC) all-time high is formed, excessive expectations follow. This time was no different as its price briefly touched $69,000 in the early hours of Nov. 9.  BitcoinRead More…

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04Nov/21

NYC and Miami mayors duke it out on Twitter over who is the bigger crypto advocate

Newly elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin. In a Nov. 4Read More…

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11Oct/21

US lawmaker is most concerned about Treasury’s response to crypto

Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than the Securities and Exchange Commission or theRead More…

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06Jul/21

Class-action lawsuit against Binance targets exchange’s futures trading

A group of Italian and international investors have filed a class-action suit against major crypto exchange Binance, alleging the firm violated its own rules on futures trading. In a Tuesday announcement, Italy-basedRead More…

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28Jun/21

Germany’s financial watchdog approves crypto custody license for Coinbase

The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority, also known as BaFin, said it hadRead More…

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05Feb/21

Binance Suspends Deposits in Nigeria Following Central Bank Directive

Binance has temporarily suspended deposits in Nigerian naira – the country’s local fiat currency – in response to a Friday letter from Nigeria’s central bank (CBN) instructing local banks to identify andRead More…

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11Dec/20

FinCEN Encourages Banks to Share Customer Information With Each Other

A U.S. agency that fights financial crime is encouraging financial institutions, ranging from banks to cryptocurrency exchanges, to share customer information with one another to catch wrongdoers. The Financial Crimes Enforcement NetworkRead More…

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