Chinese Banks Says They Will Not Freeze Legal Crypto Accounts
Chinese banks are clarifying that they are not shutting down any legal crypto accounts. Go to Source Powered by WPeMatico
Regulation
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Nevermind Coinbase — Big Brother Is Already Watching Your Coins
Government surveillance may be more rampant in the crypto space than most users realize, says a source familiar with ongoing tactics. Go to Source Powered by WPeMatico
Five Wanted For Indian Crypto Scam Operating Since 2017
Five individuals have been identified by Indian police as likely involved with a crypto investment scam that has operated since 2017. Go to Source Powered by WPeMatico
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might be liable to using their platforms to facilitate illegal transfers, Bloomberg reported. Madis Reimand, … Read more
Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust. Go to Source Powered by WPeMatico
Coinsquare CEO Accused of Orchestrating Wash Trades
Leaked documents reportedly show the CEO of Canadian crypto exchange Coinsquare orchestrating wash trades to boslet volume. Go to Source Powered by WPeMatico
Venezuelan Petro Payments May Be on the Rise
The government of Nicolas Maduro claims that 15% of fuel payments at petrol stations were made using the state-backed Petro token. Go to Source Powered by WPeMatico
Law Decoded: Dead Men Face No Charges, June 6-12
Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Go to Source Powered by WPeMatico
Congressman Calls Digital Dollar Hearing ‘Encouraging,’ but Look Out for Privacy
Congressman Warren Davidson recaps yesterday’s hearing on the digital dollar, which seemed to reach new consensus across party lines — but the devil is in the details. Go to Source Powered by WPeMatico
Building Empires: Biggest Crypto Exchanges Push for Global Presence
Crypto exchanges such as OKEx, Binance, Huobi, Kraken and Bitmex outline the key challenges they face in pushing to establish global operations. Go to Source Powered by WPeMatico
