Wednesday, April 14, 2021

Regulation

Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders

Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously....

Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service—...

The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party...

Sri Lanka’s Crypto Regulation: Central Bank Warns of Cryptocurrency Risks, Unlicensed...

The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of...

Goldman Sachs Predicts ‘Big Evolution’ Coming to Cryptocurrency Regulation

Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says...

SEC v Ripple: Court Denies SEC’s Request for Personal Financial Records...

In the SEC v. Ripple case, the court has denied the request by the U.S. Securities and Exchange Commission (SEC) for personal financial...

An ECB Board Member Attacks Bitcoin, Says It ‘Does Not Fulfill...

Isabel Schnabel, a board member with the European Central Bank (ECB), has attacked bitcoin claiming the crypto asset “does not fulfill the basic...

South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an...

Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting...

US isn't prepared to regulate new industries like crypto, says Ripple...

"My number one recommendation to U.S. regulators is: look at the rest of the world and don’t get out of step," David Schwartz...

Lawyer Files Class Action Complaint to Stop Argentinean Central Bank from...

The idea of the Argentinean central bank asking local banks for information on customers who deal with cryptocurrencies is generating controversy in the...

US Regulator Accuses Lbry Project of Selling Unregistered Securities, CEO Denies...

The Securities and Exchange Commission (SEC) has filed a complaint against the blockchain-based file-sharing and payment network called Lbry last week, as the...