Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will […]
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and assets. Ahead of a possible […]
Australia’s crypto mapping exercise seeks to help authorities know about which crypto assets are used in the country. The review is also meant to offer insights into how to better protect investors amid potentially harmful […]
The CEO of a major cryptocurrency exchange, Bitstamp, says that his trading platform is seeing “massive crypto interest” from institutional clients. “Many institutional companies are looking to make their first move into crypto,” he explained. […]
US Congressman Tom Emmer (R-MN) wants answers from the Treasury Department over the sanctions the agency imposed on Tornado Cash. In a letter addressed to Treasury’s Janet Yellen on Tuesday, Rep. Emmer highlighted his take […]
Iran’s association of importers has stressed the need for a stable regulatory framework for cryptocurrencies now that the Iranian government is officially using crypto to pay for imports. “By the end of September, the use […]
The Federal Reserve Board wants to see banks take time to understand the cryptocurrency space first before diving in. The US Federal Reserve Board has warned banks looking to engage in crypto-related activities or offer […]
The Federal Deposit Insurance Corporation (FDIC) has sent a cease and desist letter to five companies, including crypto exchange FTX US. CEO Sam Bankman-Fried explained that FTX does not have FDIC insurance, stating: “We never […]
FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company to ensure any misleading details […]
According to the latest guidance note issued by the South African banking sector regulator, Prudential Authority, risk assessment does not mean financial institutions should avoid or eliminate risks via the wholesale termination of client relationships […]
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