Regulation

Regulation

CoolBitX and Elliptic Team Up to Offer Crypto Firms Compliance Tools

Elliptic and CoolBitX will provide a package of their respective solutions to crypto firms such as exchanges needing to stay in compliance with regulators.

Policy & regulation  ·  21 July 2020
Exchanges

Crypto Exchange Group Eyes ‘Bulletin Board’ System for FATF Compliance: Coinbase Exec

Top cryptocurrency exchanges including Coinbase will release a white paper detailing a way to comply with the Financial Action Task Force's "Travel Rule."

Policy & regulation  ·  21 July 2020
CoinFlash

UK Government Moving to Restrict Cryptocurrency Promotions

Under the U.K. government's proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products.

News  ·  20 July 2020
CoinFlash

Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog

The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019.

Policy & regulation  ·  20 July 2020
CoinFlash

BlockFi Hires Former Deutsche Bank, Barclays Alum as General Counsel

The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.

Business  ·  17 July 2020
Regulation

In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin

Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies.

Policy & regulation  ·  16 July 2020
Regulation

SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps

The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

Policy & regulation  ·  13 July 2020
Exchanges

FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges

The international financial watchdog will meet in October to discuss creating a stronger global framework for the regulation of cryptocurrencies.

Policy & regulation  ·  7 July 2020
Regulation

FATF Under Germany: Expand Digital AML/CTF Efforts

Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.

News  ·  7 July 2020
Regulation

Iran Gives Crypto Miners One Month to Register With the State

The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration.

News  ·  6 July 2020
Regulation

Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading

The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.

Policy & regulation  ·  6 July 2020
Regulation

Russian Courts Can’t Agree on Whether Crypto Is Property

A Russian court convicted two men for extortion, but did not force them to return over $900,000 in crypto since crypto has no legal definition as property. Other courts have taken a different view.

Policy & regulation  ·  3 July 2020
Regulation

German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report

Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.

Policy & regulation  ·  3 July 2020
Regulation

E-Gold Claims US Officials Buried Key Report in 2008 Landmark Crypto Ruling

A court filing alleges federal government suppression of an OFR review led to crypto businesses being defined as money transmitters.

Policy & regulation  ·  3 July 2020
Regulation

Swiss Government Makes Moves to Encourage Crypto Businesses

The Swiss government is making key legislative changes to financial laws to improve legal conditions for blockchain businesses.

Policy & regulation  ·  1 July 2020