Get the scoop on finance - sign up for mobile alerts

Regulators

European Union Slams Russian Crypto Investors With New Rules in Latest Legislation

In response to the ongoing war in Ukraine, the European Union (EU) is hitting Russian crypto traders with new restrictions.…

April 10, 2022

U.S. Treasury Secretary Raises Concerns Over ‘Systemic Risk’ of Stablecoins in New Speech

U.S. Treasury Secretary Janet Yellen has reservations about the rise of stablecoins and their implications on the financial landscape. In…

April 8, 2022

FDIC Issues Warning to US Banks, Says Crypto Assets Could Disrupt Traditional Finance System

The Federal Deposit Insurance Corporation (FDIC) is issuing a warning to US banks over the safety of crypto assets. In…

April 8, 2022

US Senator Pat Toomey Proposes Alternate Regulatory Framework for Stablecoins Featuring Looser Rules

Senator Pat Toomey of Pennsylvania is proposing a different regulatory framework for stablecoins than what US President Joe Biden had…

April 7, 2022

UK Government To Release Its Own NFT in Bid To Embrace Crypto Technology

The UK government is experimenting with digital collectibles as it strives to turn its economy into a global crypto asset…

April 6, 2022

Department of Justice Seizes $34,000,000 in Crypto From Florida Man Accused of Selling Stolen Data on Dark Web

The U.S. Department of Justice (DOJ) has seized tens of millions of dollars in crypto assets from an individual who…

April 6, 2022

SEC Chair Gary Gensler Says Crypto Industry Hype Reminds Him of Dot-Com Bubble, Urges Regulation

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the current buzz surrounding crypto is reminiscent of the dot-com…

April 5, 2022

SEC Says Crypto Exchanges Need to Treat User Funds As Their Own Liabilities

The U.S. Securities and Exchange Commission (SEC) says that moving forward, crypto exchange platforms must treat their users’ digital assets…

April 4, 2022

EU Officials Want European Banking Authority To Keep List of Crypto Companies at Risk of Criminal Activity

Members of the European Parliament (MEPs) are urging banking authorities to keep track of crypto services that could be used…

April 3, 2022

Goldman Sachs Gearing Up To Offer ‘Full Spectrum’ of Bitcoin (BTC) and Crypto Investment Services to Wealthy Clients: Report

Banking giant Goldman Sachs is reportedly looking to offer crypto investment services to its deep-pocketed clients in the coming months.…

April 3, 2022