United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX.
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United States Attorney Damian Williams said the office is working “around the clock” to respond to the implosion of FTX.
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The task force has proposed new rules that would facilitate aggressive cryptocurrency tracing and tighter licensing requirements for businesses handling digital assets.
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As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable. […]
The post G20 Countries Start Implementing Unified Cryptocurrency Standards appeared first on Bitcoin News.
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Forty regulators in the US and Canada are reportedly collaborating in the largest coordinated crackdown on cryptocurrency scams to date by state and provincial officials. The operation has triggered over 70 investigations so far, with 35 cases completed or pending. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Mass Crackdown The North American Securities […]
The post 70+ Investigations: 40 Regulators Crack Down on Suspicious Crypto Schemes appeared first on Bitcoin News.
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The South Korean Minister of Strategy and Finance has met with the governor of the People’s Bank of China to discuss and share economic policies including cryptocurrency countermeasures. While China has imposed strict regulations on cryptocurrency trading, including closing down exchanges, South Korea has adopted a less strict approach. Also read: Japan’s DMM Bitcoin Exchange Opens […]
The post South Korea Discusses Cryptocurrency Policies With China’s Central Bank appeared first on Bitcoin News.
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The South Korean government has announced that some taxes can be applied to cryptocurrencies under the current law, which will be finalized in the first half of this year. Other taxes are also being considered but some are not easily implemented under the current tax system. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, […]
The post South Korea Found a Way to Tax Cryptocurrencies Under Current Law appeared first on Bitcoin News.
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The incredible bitcoin price rally this year has attracted a lot of new people to the cryptocurrency world, many of them just looking to make a quick buck without understanding too much what they are getting into. Naturally this kind of situation attracts criminals that look to exploit it, the most recent example being a […]
The post Indian Police Forces Break up Gang Praying on Bitcoin Investors appeared first on Bitcoin News.
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Over 40 companies in South Korea are participating in cryptocurrency self-regulation. Among them are 14 exchanges which have agreed to implement self-regulatory measures; they include Bithumb, Coinone, and Korbit. This announcement came just one day after the Korean government released its emergency crypto regulation. Also read: South Korea Clarifies Position After Reports of Possible Ban on […]
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