“The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators.
Category: Regulation News
Is the Ukraine war intensifying regulatory pressure on crypto firms?
Every day, people are seeing “live” why sanctions matter. “Everyone is starting to rethink the importance of compliance and crypto.”
Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians
The crypto community stands up for the rights of ordinary Russians amid hundreds of businesses leaving the country, but the final decision is up to […]
Consolidation and centralization: How Europe’s new AML regulation will affect crypto
With plans for a new watchdog, experts say the EU could take a more hardline position on digital assets.
US Labor Dept warns of crypto risks in retirement plans
With “significant risks,” cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts.
FBI director: Russia overestimates its ability to bypass US sanctions using crypto
Christopher Wray cited the FBI’s recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around […]
Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
“This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy.
Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge
A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3.
FTX joins other crypto goliaths to promote autonomy over sensitive information
FTX and Alkemi add to the list of 14 crypto companies partnered with Verite, including Coinbase, Circle, Hedera Hashgraph, Ledger, Solana Foundation and more.
Monero, Kyber Network and Tornado Cash break out as traders pile into privacy protocols
Bitcoin’s bullish surge and the urgent need for shielded crypto transactions appear to be benefitting XMR, TORN and KNC.