Tag: regulations

US regulator has new crypto victim – $16 billion stablecoin in trouble

US regulator has new crypto victim – $16 billion stablecoin in trouble

NYDFS ordered Paxos to stop minting new BUSD. As a result, Binance will be looking for other options in the near future.
Jon Corzine vs Sam Bankman-Fried – why regulations don’t matter

Jon Corzine vs Sam Bankman-Fried – why regulations don’t matter

Sam Bankman-Fried's situation is somewhat similar to that of Jon Corzine, with both of them going free while committing fraud.
More than 215 million people can officially pay with crypto

More than 215 million people can officially pay with crypto

While Brazil has allowed cryptocurrencies as a form of payment, they haven't been accepted as legal tender just yet.
EU approves regulatory measures to tame the crypto industry

EU approves regulatory measures to tame the crypto industry

After years of debating, European Union broke down rules and regulations on the crypto industry, including anti money laundering rules.
South Korea is in favor of cryptocurrencies

South Korea is in favor of cryptocurrencies

The government in South Korea will reportedly introduce cryptocurrency-friendly legislation. This could trigger greater adoption in Asia.
Bitcoin as a legal tender in the Central African Republic?

Bitcoin as a legal tender in the Central African Republic?

The Central African Republic may follow the footsteps of El Salvador and adopt Bitcoin as its legal tender.
Ukraine tightens cryptocurrency purchases

Ukraine tightens cryptocurrency purchases

NBU shows us that while they will accept cryptocurrencies as a form of aid, they will not allow people full freedom to buy them.
EU sets new rules for tech giants

EU sets new rules for tech giants

Google, Meta, Microsoft and other big online platforms will have to focus more on fighting illegal content.
UK as a hub for cryptocurrency

UK as a hub for cryptocurrency

The UK wants to become a global hub for cryptocurrency asset technology, according to UK Chancellor of the Exchequer Rishi Sunak.
Step back for cryptocurrencies in the EU

Step back for cryptocurrencies in the EU

On Thursday, the European Union voted on legislation that could significantly limit privacy when using cryptocurrencies.