The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed must pay $10 million each. […]
The National Bank of Ukraine said the move is intended to prevent an unproductive outflow of capital. Crypto purchases can only be completed using foreign currency, with monthly restrictions of 100,000 Ukrainian hryvnia per individual. […]
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement […]
Dubai’s Virtual Assets Regulatory Authority (VARA) has announced that it shall create a metaverse headquarters in The Sandbox virtual world. The virtual headquarters shall be referred to as “MetaHQ” and shall be based at an […]
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its […]
In a bid to limit the environmental impact caused by Bitcoin mining in the state, the New York State Assembly passed a bill yesterday, placing a two-year ban on all new proof-of-work (PoW) cryptocurrency mining […]
The Indian government is exploring “several commercial use purposes and not just financial inclusion” for its central bank digital currency. India’s finance minister clarified that the aim is for the digital rupee, which will be […]
Brazil’s senate passed the crypto bill on Tuesday, while the Central African Republic also took a similar step last week. Brazil has become the latest country to pass a bill seeking the regulation of cryptocurrencies, […]
Indian Finance Minister Nirmala Sitharaman says that the country’s crypto policy will not be rushed. “Our intention is in no way to hurt the ecosystem, or to even say that we don’t need it,” she […]
The Central Bank of Cuba (BCC) has announced that it will provide licenses to both Cuban and international virtual asset service providers, including organizations, individuals, or legal persons. This Spanish-language resolution was also published on […]
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