Cryptocurrency

Cryptocurrency

US Court Orders SEC to Review Grayscale Bitcoin ETF Application

By Editors | 30/08/2023

The court said the SEC failed to adequately explain why it approved the listing of bitcoin futures ETPs but not Grayscale’s proposed spot bitcoin ETF.

Fraud, Scams & Cybercrime

UK Proposes Blanket Ban on Cold Calls for Financial Services

By Editors | 30/08/2023

The ban on cold calling, as proposed, would cover banking, payments, insurance, mortgages, various tangible investments, and cryptoassets.

Cryptocurrency

HashKey Announces Launch of Retail Crypto Trading Service

By Editors | 29/08/2023

HashKey launched trading services for retail crypto investors, allowing them to trading in bitcoin and ether.

Cryptocurrency

Korean Banks Impose New Requirements on Crypto Exchanges

By Manesh Samtani | 29/08/2023

Korean crypto exchange will need to set aside reserves worth $2.3mn, or 30 percent of their daily average deposits, whichever is greater.

Payments & Settlements

BRICS Nations Invite Six Nations to Join as Members

By Editors | 27/08/2023

BRICS officials will develop measures to reduce their reliance on the USD in trade, in favour of using local currencies.

Cryptocurrency

US Authorities Propose New Tax Reporting Rules for Crypto

By Manesh Samtani | 27/08/2023

Crypto firms, NFT platforms, and wallet providers would have to report sales and exchanges of digital assets to the IRS.

PEPs & Sanctions

US Sanctions Tornado Cash Co-founder, Arrests Another

By Manesh Samtani | 24/08/2023

Russian national Roman Semenov was added to OFAC’s sanctions list. Another co-founder, Roman Storm, was arrested on Wednesday.

Fraud, Scams & Cybercrime

Thailand Threatens to Ban Facebook Over Fraudulent Crypto Ads

By Mark Johnston | 24/08/2023

Thailand has threatened to ban Facebook if it does not stop allowing fraudulent crypto ads on its platform.

PEPs & Sanctions

North Korea Stole $200m in Crypto in 2023: TRM Labs

By Mark Johnston | 23/08/2023

TRM Labs describes how North Korea has evolved its on-chain laundering methodologies to evade sanctions, law enforcement scrutiny, and tracing capabilities.