Part of the FATF’s ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
Category: Ethereum News
Bitcoin retirement plans elicit caution from regulators
Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.
IMF says no crypto as legal tender; community disagrees
A community member believes that the space will look back to this moment once it succeeds in making the world decentralized.
Emojis count as financial advice and have legal consequences, judge rules
Former SEC branch chief Lisa Braganca warned the public of the legal consequences of using the emojis.
Aussie regulators review Binance Australia Derivatives over account closures
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company.
Aussies revealed as prime targets of Israel crypto scam syndicate
Evidence found that Australians were among the top countries targeted in a sophisticated cryptocurrency investment scam network, which has suspected kingpins in Israel.
Montana’s ‘right to mine’ crypto bill moves closer to passing as law
The bill seeks to enshrine crypto miners’ rights and will still have to pass muster in the states House before its signed into law by […]
Man faces arrest over alleged crypto mine hidden under a school
The Massachusetts-based man is alleged to have stolen nearly $18,000 worth of electricity to run 11 miners in a school’s crawl space.
‘It would be absurd’ for US court to rule private NFTs as securities: Lawyer
The comments from the hosts of lawyers come as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT might constitute a security.
SEC is not the appropriate regulator for stablecoins: Circle CEO
Circle boss Jeremy Allaire maintains that “payment stablecoins” are payment systems, not securities.