Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking
Tag: regulator
Bank of Russia to Pilot Digital Ruble Settlements in 2023
Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted
Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario
Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the
Spanish Securities Regulator Warns of Impersonators Selling Bitcoin on Its Behalf
The CNMV, the Spanish securities regulator, has issued a warning about the existence of an unknown party asking for information and offering to sell bitcoin
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a
Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals
The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure
Abkhazia Extends Internet Restrictions for Cryptocurrency Miners
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban
Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament
The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has
