Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July.
Category: Regulation News
Russia plans to roll out digital ruble across all banks in 2024
Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024.
Kevin O’Leary says sacrificing Tornado Cash worth it for institutional adoption
Mr. Wonderful thinks that crypto needs more regulation and less “crypto cowboys” like Tornado Cash creator Alexey Pertsev, who he suggested was a necessary sacrifice […]
AML and KYC: A catalyst for mainstream crypto adoption
One of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML […]
Dutch authorities arrest suspected Tornado Cash developer
The Dutch Fiscal Information and Investigation Service didn’t rule out multiple arrests in its ongoing criminal investigation against the Tornado Cash crypto mixer.
Countries where Bitcoin (BTC) is legal
Read this article to know why El Salvador and the Central African Republic (CAR) have adopted Bitcoin as a legal tender.
Metaverse still not ready for virtual weddings and legal proceedings
Since the legislative framework surrounding the Metaverse is quite gray, experts still don’t see the technology being used to settle legal issues.
DeFi platform Oasis to block wallet addresses deemed at-risk
Users report that their sessions were disconnected when trying to interact with Oasis with allegedly high-risk wallets.
Indian authorities freeze more crypto funds over money laundering allegations
The Indian Directorate of Enforcement froze $46.4 million in the accounts of Vauld’s Indian branch until the exchange can account for criminal proceeds it transferred […]
Uzbekistan blocks access to foreign crypto exchanges over unregistered trading
The national regulator urges the industry players to comply with the local legislation.