Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because the exchanges are not registered to offer derivatives in the country. Exchanges Not Registered to Offer Derivative Products […]
In response to the ongoing rumors related to an imminent settlement in the Ripple-SEC lawsuit, Cryptolaw founder John Deaton says he does not see a settlement happening within the next 30 days. The Ripple-SEC case appears to be moving forward steadily, given current favorable developments. I don’t read anything into whether the case is listed on […]
A batch of new crypto regulations is incoming in Japan – where the nation’s top financial and crypto regulator has put forward legal amendments to payments-related legislation. The proposals were made by the Financial Services Agency (FSA), which has proposed making alterations to two existing acts of law as part of a bid to “build […]
California bitcoiners are hoping to make the state the first to accept the cryptocurrency as legal tender, even if it means going up against the US Constitution. “This is a bottom-up approach, just like bitcoin is a bottom-up approach,” said bitcoin advocate Dennis Porter, who is working to advance the bill. “The states have the […]
The United States Financial Crimes Enforcement Network, or FinCEN, a bureau of the Treasury Department, has warned financial institutions to consider crypto as a possible means Russia may attempt to use to evade sanctions related to the country’s military action in Ukraine. In a Monday alert, FinCEN reminded U.S.-based financial institutions “with visibility into cryptocurrency” […]