A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the […]
Virgil Griffith, a former Ethereum (ETH) developer has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea use blockchain technology in contravention […]
Last year, Elizabeth Warren described cryptocurrencies as the refuge of “shadowy super coders”, leading commentators to criticise the ignorance of US politicians towards an increasingly important aspect of modern financial life. Warren isn’t a fair […]
Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to register with the FCA was […]
European Central Bank executive board member Fabio Panetta provided an overview of the central bank’s current research on a retail central bank digital currency Friday when he spoke at the IESE Business School Banking Initiative […]
US Treasury Secretary Janet Yellen said this while appearing before the US House Financial Services Committee on Wednesday. With sanctions hitting Russia hard since its invasion of Ukraine, and foreign reserves drying up, some people […]
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing […]
Financial regulators are standing in the way of expanded crypto services on Commonwealth Bank of Australia’s (CBA) mobile app. In an Australian first, the bank aims to grant all of its 6.5 million users access […]
In an attempt to implement tighter crypto rules, Singapore’s unicameral parliament has approved a law that will ensure all virtual asset service providers (VASPs) operating in Singapore apply for licenses. This comes amid a spirited […]
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and […]
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