Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer

The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures....Read more »

$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt

According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable...Read more »

Bank of England Boss Pledges ‘Tough Love’ in Cryptocurrency Regulation

Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to...Read more »

World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues

The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t...Read more »

Hedge Funds Expect 7% Crypto Allocation by 2026: Report 

Share this article A recent survey conducted by fund administrator Intertrust found that hedge funds expect to hold 7.2% of their assets in cryptocurrencies by 2026.  Hedge Funds Plan Crypto Allocation  Global...Read more »

Mark Cuban Hit by Iron Finance Token Crash, Calls for Defi Regulation

Billionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to near zero....Read more »

Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit

In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order....Read more »

SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on...Read more »

Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender

The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,”...Read more »

SEC Leaves Bitcoin and Cryptocurrency Off Regulatory Agenda 2021

The U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information...Read more »