MiCA bill contains a clear warning for crypto influencers

MiCA bill contains a clear warning for crypto influencers

November 3, 2022 0

The European Union’s crypto regulation bill, set to be made law following some additional steps, contains a section that could impact many crypto influencers. The European Union bill aiming to regulate cryptocurrencies could result in crypto influencers being charged with market manipulation if they fail to disclose potential conflicts of interest. The Markets in Crypto […]

ASIC’s Longo pledges action against certain ‘high-risk’ crypto products

ASIC’s Longo pledges action against certain ‘high-risk’ crypto products

November 3, 2022 0

The chair of Australia’s market regulator has warned that “action will be taken” on financial product issuers who promote risky products to a wide consumer base. Australia’s financial services and markets regulator has issued another glaring warning towards issuers of crypto-based financial products, particularly those inappropriately marketing high-risk products. Joe Longo, chair of the Australian Securities […]

SEC Issues More than  Million Award to a Whistleblower

SEC Issues More than $17 Million Award to a Whistleblower

July 22, 2022 0

The Securities and Exchange Commission today announced an award of more than $17 million to a whistleblower who provided information and assistance in a covered action and related action. The whistleblower’s information prompted SEC staff to open a new investigation that led to the successful covered action. The whistleblower also provided SEC Enforcement staff with […]

Democratic lawmakers ask federal agencies to crack down on crypto mining

Democratic lawmakers ask federal agencies to crack down on crypto mining

July 17, 2022 0

They want crypto mining companies to report their energy use and emissions On Friday, Elizabeth Warren and other Democratic members of Congress sent a letter to two federal regulators, urging them to take action on the explosion of Bitcoin mining in the US. Sent to the heads of the Environmental Protection Agency and Department of […]

Coinbase to track off-exchange transactions from Dutch customers

Coinbase to track off-exchange transactions from Dutch customers

July 12, 2022 0

Dutch users need to provide the recipient’s full name, the purpose of transfer and full residential address to move digital assets off the platform. In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know Your Customer, or KYC, requirements when […]

US urges Japan to cut cryptocurrency operations in Russia

US urges Japan to cut cryptocurrency operations in Russia

July 10, 2022 0

The US has referred to as on Japan to step up strain on the nation’s cryptocurrency exchanges and miners, urging them to sever ties with Russia in a bid to additional financially isolate the nation from the surface world. The request from US diplomats was directed to a number of of Japan’s 31 officially licensed […]

Russia’s Sberbank Executes First Digital Asset Issue On Its platform

Russia’s Sberbank Executes First Digital Asset Issue On Its platform

July 10, 2022 0

Russia’s dominant lender Sberbank said it had carried out the first digital financial asset transaction on its own platform. Russia’s dominant lender Sberbank on Saturday said it had carried out the first digital financial asset transaction on its own platform, with its subsidiary SberFactoring executing a 1-billion rouble ($16 million) issue with three-month maturity. The […]

US Ban Crypto-Owning Government Officials From Working on Regulation

US Ban Crypto-Owning Government Officials From Working on Regulation

July 7, 2022 0

The government of the United States has been pounding on the crypto community for a while now despite the POTUS signing the crypto executive order. Key Insights: The United States OGE issued the legal advisory today. Employees holding cryptocurrency (s) will be banned from working on crypto regulations and policies. The policy, however, does not […]