DOJ’s Rosenstein: Regulators Can’t Let Criminals ‘Hide Behind’ Crypto

U.S. Deputy Attorney General Rod Rosenstein has called for international cooperation in investigating crimes conducted using cryptocurrencies at an annual meeting of Interpol. Speaking at Interpol’s 87th General Assembly on Sunday, Rosenstein addressed the topic directly, saying “we must not allow cybercriminals to hide behind cryptocurrencies.” While he acknowledged that there are some beneficial use […]

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Think Tank Report Argues for Standardized Crypto Rules Within EU

A Belgium-based think tank is arguing that the EU should create a single standard for cryptocurrency rules in a report sent to finance ministers within the economic bloc. Bruegel, based in Brussels, the Belgian capitol, believes that the EU needs “common rules” on cryptocurrencies, as well as how tokens are distributed and traded, Reuters reported […]

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WeChat, Alipay to Block Crypto Transactions on Payment Platforms

Chinese mobile payment platforms WeChat Pay and Alipay are scrambling to keep up with regulators after recent announcements regarding initial coin offerings (ICOs) and cryptocurrencies. Both payment giants have said that they will work with the government agencies closely to monitor cryptocurrency transactions, according to news releases on August 24. As CoinDesk reported on Friday, […]

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The SEC Will Decide on 9 Bitcoin ETFs in the Next 2 Months

The U.S. Securities and Exchange Commission (SEC) is set to make final decisions on nine proposed bitcoin exchange-traded fund (ETF) in the next two months. As first reported Tuesday by CoinDesk, the U.S. Securities and Exchange Commission (SEC) delayed a decision on a proposed rule change from the Cboe BZX Exchange that, if approved, would allow for […]

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These ICO Investors Are Getting Their Money Back – And It’s Not Clear Why

Regulatory uncertainty appears to be arriving late to Washington state. In what seems like the latest sign concerns are impacting initial coin offerings (ICOs) broadly, Seattle-based Dragonchain is forcing one of its affiliate projects, Norwegian startup Iagon, to return funds it raised from investors back in April – and it’s currently unclear why. In fact, on April […]

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Binance, Bermuda Ink $15 Million Crypto Investment Agreement

Binance plans to set up its new global compliance center in Bermuda over the next few months, Premier David Burt has announced. Speaking at a joint press conference on Friday, Burt announced that a memorandum of understanding has been signed, under which the Binance Charity Foundation will put $10 million toward educational programs related to the tech. An additional […]

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Korea’s Crypto Crackdown Talk Draws Backlash From Users and Politicians

More than 100,000 South Korea residents have signed petitions asking the government there to step back from any plans to close the country’s cryptocurrency exchanges. Earlier this week, the South Korean Justice Ministry announced that it was preparing legislation to close the country’s online exchanges amid a speculative boom in cryptocurrencies. That shot across the […]

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