Grewal points out that laundering of fiat currency through traditional financial institutions remains the most sought-after method for evading sanctions.
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Category: Regulation News
Dogecoin Foundation registers name and logos as trademarked within in the EU
The foundation took action to prevent “attempts by people completely unaffiliated with Dogecoin to register” the names for reasons of fraud and extortion, according to […]
Crypto industry seeks to educate, influence US lawmakers as it faces increasing regulation
Much like other activity in the digital asset space, crypto lobbying has been picking up during the past year.
How crypto execs react to economic sanctions against Russia?
Most companies in the United States and other Western nations are no longer allowed to conduct business or exchange money with Russian banks.
Russian crypto volume across major exchanges plunges by 50%
Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall.
OpenSea updates banned countries list sparking decentralization debate
The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list.
The city of Lugano will accept Bitcoin, Tether and LVGA tokens as ‘de facto’ legal tender
Residents of the Switzerland city will be able to pay taxes, parking tickets, public services and tuition fees using crypto.
UK financial watchdog is investigating 50 unauthorized crypto firms
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, “many of which may be scams.”
Swiss city of Lugano to pay taxes in crypto via Tether partnership
The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said.
Experts weigh in on new crypto regulations in South Africa
Updated crypto regulations in South Africa could boost partnerships but potentially marginalize those who need it most, local experts warn.