The bipartisan group led by Tom Emmer wants to ensure regulators do not stifle American innovation by imposing burdensome reporting requirements.
Bank of England Raises Interest Rates Back to Pre-Pandemic Level of 0.75%
The Bank of England has raised interest rates to 0.75% in a bid to curb soaring inflation which is expected to peak at 7.25% in April.
EU Regulators Warn Consumers That Crypto Assets are ‘Highly Risky’
A group of the top financial EU regulators said that consumers must face the “very real possibility” of losing all their money if they buy crypto.
Ukraine’s Zelensky Signs Virtual Assets Bill Into Law, Legalizing Crypto
Ukrainian President Volodymyr Zelenskyy legalized crypto in the country, signing into law a bill on virtual assets.
Bitcoin Friendly Mayors View Blockchain as a Way to Boost Equality, Diversity
New York City’s Eric Adams and Miami’s Francis Suarez also discussed how the U.S. can embrace blockchain technology to defy authoritarian regimes.
Joe Biden’s Crypto Executive Order Is a Symbol
President Biden announced his executive order last week. It’s light on practical effects but the symbolism may be the point.
UK’s FCA Opens Search for Head of Crypto Division
The FCA is looking to build a crypto team that can manage and regulate the industry.
Shanghai Police Bust $16M Crypto Pyramid Scheme
The scheme was Shanghai’s first cracked case of an online pyramid scheme using cryptocurrencies, according to the police.
Kazakhstan Crackdown Forces 106 More Crypto Mines to Close
Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev.
UK’s Law Enforcement Agency Calls for Regulation of Crypto Mixing Tech: Report
The NCA called for regulation of crypto mixing tech as it may be used by criminals to legitimize illegal transactions.
EU’s Sweeping Crypto Regulations Package One Step Closer to Ratification
The proposed MiCA framework was voted through without a contentious provision seeking to limit the use of proof-of-work crypto.
Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website
FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine.
Proposal Limiting Proof-of-Work Is Rejected in EU Parliament Committee Vote: Sources
Japan Lays Outs Penalties on Crypto Exchanges for Non-Compliance With Russia Sanctions: Report
Japan’s government and financial regulator have laid out the penalties crypto exchanges could face if they fail to comply with sanctions on Russia.
Bitcoin-Banning Measure Seen Too Close to Call in Tomorrow’s EU Parliament Vote
Limiting Proof-of-Work Crypto Back on the Table as EU Parliament Prepares Virtual Currencies Vote
An article restricting proof-of-work cryptocurrencies has made it back into a draft of MiCA after it was reportedly scrapped.
Treasury Department Issues Guidance on Using Crypto to Evade Sanctions
The White House said earlier in the day that such guidance would be forthcoming.
Estados Unidos y el G7 anuncian nuevas medidas contra la evasión de sanciones mediante cripto
Funcionarios de la Casa Blanca y del Tesoro de los Estados Unidos han dicho en múltiples ocasiones que hay poca preocupación de que las criptomonedas se utilicen para evadir las sanciones contra Rusia.
Justice Department Will Prosecute Banks, Crypto Exchanges That Help Russians Hide Assets: Report
A new task force has been created to freeze or take the assets of Russians that have been sanctioned following the invasion of Ukraine.
Biden’s Executive Order on Crypto Receives Bipartisan Praise
Lawmakers have praised U.S. President Joe Biden’s sweeping executive order on digital assets.