Belgian investors lost $12M to crypto and forex scams over the summer
Losses due to crypto scams are on the rise in Belgium. Go to Source Powered by WPeMatico
Regulation
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Data encryption a threat to fighting child sexual abuse, says DOJ
The department, along with other international agencies, alleged end-to-end encryption can create “severe risks to public safety.” Go to Source Powered by WPeMatico
Spanish lawmakers get cryptocurrency in a bid to promote industry
All 350 members of Spain’s lower house got 1 euro equivalent in cryptocurrency, and it’s not a donation. Go to Source Powered by WPeMatico
SEC’s conservative approach to crypto may need to change- SEC’s Peirce
“Crypto Mom” Hester Peirce admits the SEC can be slow in giving guidance, but she sees the regulator becoming more open to change. Go to Source Powered by WPeMatico
US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework
United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law enforcement with what Barr terms a “comprehensive overview of the emerging threats and enforcement challenges … Read more
Aussie household name threatens to sue The Guardian over Bitcoin scam ads
The legal team behind the case called it a “prolific cryptocurrency scam.” Go to Source Powered by WPeMatico
DOJ says use of privacy coins is ‘indicative of possible criminal conduct’
Privacy coins are getting more attention than ever from the U.S. government. Go to Source Powered by WPeMatico
97% of People Consulted by UK Financial Regulator Opposed Crypto Derivatives Ban
The Financial Conduct Authority (FCA) ban on crypto derivatives sales to retail investors has set tongues wagging. It is no mystery. After a consultation process that closed Oct. 3, 2019, with 97% of participants opposed to the prohibition, the U.K. financial regulator still proceeded to issue the ban, completely disregarding the overwhelming public input. In … Read more
Malaysian SC Shariah Advisory Council praises crypto’s ‘great potential’
A Shariah Advisory Council chairman in Malaysia has praised the “great potential” of cryptocurrency Go to Source Powered by WPeMatico
‘Crushing’ regulations could drive Ripple out of US
Ripple co-founder Chris Larsen said the firm is considering moving to the U.K., Switzerland, Singapore, or Japan. Go to Source Powered by WPeMatico