Coinbase Warns Crypto Provisions of Bill Will Affect 60 Million Americans
Coinbase’s Global VP of Tax, Lawrence Zlatkin, has come out to criticize the cryptocurrency provisions contained within the Congress bipartisan infrastructure bill. Zlatkin stated that the hasty decision by lawmakers to include the crypto provisions could affect 60 Million U.S. citizens. Zlatkin
CFTC Commissioner Says SEC Has No Authority Over Crypto
https://twitter.com/CFTCquintenz/status/1422912721637580803 The Commodity Futures Trading Commission (CFTC) has stated that cryptocurrency regulations do not fall under U.S. Securities and Exchange Commission (SEC) oversight. The CFTC argument comes as the SEC looks for ways to gain more control over the crypto market. In
FCA Extends Deadline For Crypto Exchanges
The Financial Conduct Authority (FCA) has yet again extended the Temporary Registrations Regime (TRR) deadline for crypto firms. The end date has been pushed from July 9, 2021, to March 21, 2022. The TRR was established in December 2020 and focused
U.S. Discussing New Crypto Regulations
Governments worldwide have been looking into ways of regulating the crypto market. The U.S. has been lagging behind other countries when it comes to cryptocurrency regulations. Some of the other countries who have been talking heavily about regulations include Turkey,
Turkish Regulators Force Crypto Exchanges To KYC
Turkey's crypto industry is facing new regulations expected to begin this month. Crypto exchanges will now have to monitor customer information more. The Turkish government is making new moves to ensure that crypto exchanges in the country step up to enforce
FCA Requires Crypto Firms To Report Financial Crimes
FCA has introduced a new policy that requires crypto companies to share reports about financial crimes. This move is meant to help curb money laundering activities in the UK. This announcement is not the first attempt by the FCA to inject
Bitcoin Suisse Denied For Swiss Banking License
Bitcoin Suisse’s application for a license has hit a roadblock as the Swiss Financial Market Supervisory Authority may likely not sign the approval. The Swiss regulator announced that the current application of Bitcoin Suisse is not eligible for approval due to
South African Regulations Tighten On Cryptocurrency
South African financial watchdog, the Financial Sector Conduct Authority (FSCA), wants to intensify efforts to regulate all digital assets in the country. The proposal is coming following the recently increased market activities within the crypto sector and the rise in fraud
World Economic Forum Featured Two Cryptocurrency Sessions
As evidence that shows digital assets’ gaining adoption by the mainstream, the upcoming Davos Agenda’s World Economic Forum recently featured two different sessions on cryptocurrency. The sessions held on Monday and Thursday of this past week, were titled “Resetting Digital Currencies.” Five
Early Bitcoin Mixer Fined $60 Million
According to a recent announcement by the US Treasury's FinCEN (Financial Crimes Enforcement Network), the owner of early Bitcoin mixers Helix and Coin Ninja was fined $60 Million. The founder, Larry Dean Harmon, was accused of using his mixing services for