US authorities continue to be on high alert for Russia to use cryptocurrencies to evade the recent round of sanctions. On March 7, the Financial Crime Enforcement Network, or FinCEN, put out an alert, warning financial institutions to look out for convertible virtual currencies, or CVC, in Russia’s efforts to circumvent sanctions. FinCEN’s alert said: […]
U.S. President Joe Biden is ready to sign a long-awaited executive order related to cryptocurrency regulations this week, according to a report today from Bloomberg based on anonymous sources. According to the report, «The order will direct federal agencies to examine potential regulatory changes, as well as the national security and economic impact of digital assets.» […]
A war rages on Europe’s eastern rim, having already left thousands of people dead and injured and millions more displaced. Digital assets have become so woven into the global financial system that a major political and economic crisis like the one unfolding right now has crypto inevitably involved on all levels: individual, institutional and national. […]
The United Kingdom’s Financial Conduct Authority, or FCA, has issued a warning to Binance Markets in response to Binance’s payment company Bifinity and investment firm Eqonex entering a strategic partnership. In a Monday statement, the FCA reiterated that Binance Markets Limited was not allowed to conduct certain regulated crypto-related activities in the U.K. without prior […]
Ron Wyden (D-Ore.), one of the most influential Democrats in the U.S. Congress, is going to protect the crypto segment from another witch hunt. Sen. Wyden is on the side of the innovator According to a statement shared by Financial Times, Senator Wyden has warned Congress about the dangers of anti-crypto regulation: FT：One of the Senate’s most […]