FCA Publishes Cryptoasset Consumer Research, Reveals Increase In Crypto Awareness Among UK Holders

The United Kingdom’s Financial Conduct Authority (FCA) has recently published its Cryptoasset Consumer Research Note for 2021, with findings that reveal an increase of crypto owners who now regularly monitor...

All You Need to Know About China’s Broadened Restriction of Crypto

The first quarter of 2021 has been a great time for Bitcoin. It reached new all-time highs while also garnering institutional adoption. But this incredible bull run may have come...

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U.S. Treasury Files Tax Proposal For Crypto Transfers Above $10,000

The U.S. Department of The Treasury filed an official report proposing tax compliance measures for U.S. registered businesses to report transfers worth over $10,000 to the Internal Revenue Service.The report...

Binance Faces Investigations by U.S. Justice Department and IRS

Binance Holdings Ltd. is reportedly under investigation by the United State Justice Department, as well as the Internal Revenue Service. Binance currently stands as the crypto industry’s largest exchange in...

Bank of England ‘actively exploring’ CBDCs, opens positions for a CBDC department

Bank of England, the United Kingdom’s central bank, recently posted openings for seven different positions focused on the development of a central bank digital currency (CBDC).On its careers site, the...

U.S. Congress Passes Bill addressing crypto regulation

The U.S. House of Representatives has passed a bill that would help direct the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) to establish a digital...

Nigeria's Economic And Financial Crimes Commission Reiterates Warning Against Bitcoin

Nigeria’s Economic and Financial Crimes Commission (EFCC) has warned Nigerian’s against investing in Bitcoin due to its unregulated nature and the high potential for fraud.  A spokesman for the EFCC,...

Over half of UK millennials trade in crypto

Over half of UK millennials trade in crypto, according to a survey by Charles Schwab UK. The survey, initially reported by Markets Insider, analysed 1000 british respondents analysed the amount...

SEC Commisioner Hester Peirce On Regulating DeFi

U.S. SEC commissioner Hester Peirce has come to the attention of the crypto community once again, commenting on some of the problems with regulating decentralized finance on a recent BIC...

SpaceX Engineer Pleads Guilty To Trading Material Information For Bitcoin On The Dark Web

A SpaceX engineer has pleaded guilty to the U.S. Department of Justice on charges of insider trading, following an investigation led by the U.S. Securities and Exchange Commission. The criminal...

A Pakistani Province Is Preparing To Pilot Crypto Mining Farms

A Pakistani province is planning to invest in crypto-mining, Reuters reports. This revelation by a government minister will see two new hydro-electric powered mining farms built in the province of...

IRS primes 'Operation Hidden Treasure' to 'root out' crypto tax evasion

In a report originally published by Forbes, it was revealed that Damon Rowe, the Director of the Office of Fraud Enforcement at the U.S. Internal Revenue Service has announced that...

Seychelles FSA Denies Claims of Operations For China’s Biggest Crypto Exchange

Seychelles Financial Service Authority (FSA) has issued a regulatory warning against Huobi Global Limited, the largest crypto exchange originating from China.  Chinese journalist Colin Wu (@WuBlockchain) shared the news on...

BitGo announces license acquisition for custodial services

A leading digital asset and financial services provider working in the crypto space, BitGo recently acquired a New York Trust license to operate as an independent, regulated qualified custodian under...

Mt. Gox reparations continue, creditors invited to vote on a new refund plan

The Tokyo District Court has made an order to file the Draft Rehabilitation Plan for Mt. Gox towards a resolution.This recent ruling on the rehabilitation plans comes as positive news...