Ukrainian president returns virtual asset bill to parliament for revision
Volodymyr Zelensky did not object to the bill’s fundamental principles, but opposed the idea of creating a new watchdog agency. Go to Source Powered by WPeMatico
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US Justice Dept announces launch of national crypto enforcement team
“We need to make sure that folks can have confidence when they’re using these systems and we need to make sure we’re poised to root out abuse that can take hold on them,” said Lisa Monaco. Go to Source Powered by WPeMatico
Canadian Bitcoin mining firm Link Global faces $5.6M penalty
Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action. Go to Source Powered by WPeMatico
Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week. Go to Source Powered by WPeMatico
Brazil aims to tighten penalties for crypto-related financial crimes
The penalties are part of a new piece of legislation that also regulates crypto trading and payments. Go to Source Powered by WPeMatico
Actions speak: China’s crypto ban may reveal digital yuan CBDC goals
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner. Go to Source Powered by WPeMatico
The infrastructure bill is hanging in the balance. What would its enactment mean for crypto?
Hinging on Democrats’ ability to resolve intraparty disagreements, the controversial legislation could have tangible consequences for digital finance in the U.S. and beyond — if passed by the House today. Go to Source Powered by WPeMatico
CoinEx crypto exchange to remove all mainland China users in October
CoinEx previously blocked access and terminated the registration of new users from mainland China in March 2019. Go to Source Powered by WPeMatico
Tether scores win in class action case as court dismisses RICO claims
“Litigation will expose this case for what it is: a clumsy attempt at a money grab, which recklessly harms the whole cryptocurrency ecosystem,” said Tether. Go to Source Powered by WPeMatico
Cloned CryptoPunks are back on OpenSea marketplace after DMCA counter notice
According to the DMCA, PolygonPunks would have had to have claimed its material “was removed or disabled through mistake or misidentification.” Go to Source Powered by WPeMatico