The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators were also sanctioned and $ 6.1 million in funds were seized. US Treasury Sanctions Another
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China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition,
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Apple co-founder Steve Wozniak sees bitcoin as mathematical purity, praising its fixed supply. However, he stated that governments will never allow it to be out of their control. “If it got to the point where
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A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to run a
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The U.S. Department of the Treasury says that the growing usage of crypto possessions challenges the efficacy of American sanctions. “We are mindful of the risk that, if left unchecked, these digital assets and payments
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Cryptocurrency exchange Coinbase released its proposed crypto regulation after “more than 75 meetings with stakeholders from government, industry and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core
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The U.S. Securities and Exchange Commission (SEC) has actually tweeted about buying funds that hold bitcoin futures agreements. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs),
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Reports from South Africa indicate that the country’s police have now issued an arrest warrant for Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global
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The Bank of England states that crypto assets pose “limited” direct risks to the stability of the nation’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets
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A commissioner with the U.S. Securities and Exchange Commission (SEC) says that true decentralized projects pose a challenge to crypto regulation. Noting that “decentralized finance in itself carries a certain capacity for self-regulation”, said the Commissioner,
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