Tag: Crypto
US FTC Probes $200M Bitmark Crypto Hack
In what is its first investigation into cryptocurrency markets, the Federal Trade Commission (FTC) is looking into the Bitmark currency exchange over the December 2021 hack...
Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations
The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of anti-money laundering (AML)...
UK Committee To Probe New Legislation To Deal With Crypto
The United Kingdom’s Crypto and Digital Assets All Party Parliamentary Group (APPG) has unveiled the details of an inquiry into the British cryptocurrency and digital assets...
Senator Warren Proposes Bill Counter Crypto’s Influence Over Banks
The proposals to regulate cryptocurrency that have been circulated so far on Capitol Hill have largely been favorable to the industry, but opposition to...
UK Launches First Crypto Competition Class Action Claim
SV Claims began a landmark competition case against major cryptocurrency exchanges seeking damages of up to £9.9 billion.
The claim is brought in the Competition...
Crypto Firm Blockchain.com Registers With Italian Watchdog
London-based crypto firm Blockchain.com said on Thursday it had registered as a virtual asset service provider in Italy, the latest in a string of...
Fed Vice Chair Brainard Says Crypto Sector Needs Strong, Swift Regulation
Federal Reserve Vice Chair Lael Brainard said it’s time to add some regulatory teeth to the cryptocurrency industry before it becomes so pervasive that...
Chainalysis Opens Crypto Security Service For US Government
Blockchain data platform Chainalysis has started a new subsidiary, Chainalysis Government Solutions, to advise U.S. defense, intelligence, law enforcement and civilian agencies, a company post said...
EBA Chair Says Staffing Is ‘Major Concern’ for Crypto Regulation
There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto.
Authorities worry about how they...
French Lawmaker Calls for Crypto Committee as Legal Questions Loom
With legal questions mounting around the push to adopt cryptocurrency as an accepted form of payment across countries around the world, French Senator Nathalie...
