Regulation news · Page 27
Iran Shifts to Cryptocurrency for Export Payments Amid Sanctions Challenges
Iran's central bank eases crypto use for export payments, helping businesses navigate U.S. sanctions with digital currencies like USDT and Bitcoin.
Block Looks to Launch Custody Bank for Digital Assets Under OCC Supervision
Block, founded by Jack Dorsey, applies for a national trust bank charter to manage Bitcoin and stablecoin custodial services under federal supervision.
Gemini Secures Major Payment Institution License in Singapore for Cryptocurrency Services
Gemini has secured a Major Payment Institution license in Singapore, enabling it to offer digital payment and cross-border crypto services without transaction limits.
Plattsburgh Considers New Moratorium on Crypto Mining and AI Data Centers
Plattsburgh, NY, considers a temporary ban on crypto mining and AI data centers amid concerns over energy use and electricity costs.
Poland's Struggles with Crypto Regulation Continue Amid Legislative Deadlock
Poland remains the only EU country without a crypto licensing framework, stalling 2,000 firms as legislative efforts fail to pass MiCA regulations.
Ripple's RLUSD: Regulatory Ready Ahead of Crucial Senate Vote at Stablecon USA
Ripple's RLUSD stablecoin operates under a regulated framework ahead of the Sept. 15 CLARITY Act vote, highlighting the contrast in crypto regulation.
Uzbekistan Launches Trial for Government-Backed Stablecoin Payment System
Uzbekistan launches a pilot for HUMO, a government bond-backed stablecoin, testing payments with over 20 merchants under regulatory oversight.
Banca d’Italia Enforces Comprehensive Sanctions Checks on All Crypto Transactions
Banca d'Italia mandates crypto service providers to screen all transfers for sanctions, removing minimum thresholds to ensure compliance.
Bit2Me Introduces Bit2Shield: A Forensic Unit for Crypto Seizures and Investigations
Bit2Me launches Bit2Shield in Spain, a crypto forensic unit aiding authorities in tracing and managing seized digital assets for investigations.
Testing Phase Begins for CHFD Stablecoin Involving Nine Swiss Financial Institutions
The CHFD stablecoin has begun testing with nine Swiss institutions, aiming to maintain a one-to-one value with the Swiss franc in a controlled environment.
Federal Court Approves Seizure of $212,700 in Cryptocurrency Associated with North Korean Employees
A U.S. court has ordered the seizure of $212K in cryptocurrency linked to North Korean IT workers, part of a broader sanctions evasion case.
Political Landscape Shifts in Germany Amid Rising Bitcoin Tax Debate Following AfD’s Election Surge
Germany's Bitcoin tax debate intensifies after the AfD party's election success, pushing for changes to the one-year crypto tax exemption policy.
AUSTRAC Acts Against 45 Crypto and Remittance Registrations in Regulatory Shake-Up
Australia's AUSTRAC canceled 45 crypto and remittance registrations in a crackdown on high-risk payment businesses, disrupting organized scams.
Concerns Emerge Among Hong Kong Chelsea Supporters Over USDC Jersey Deal
Chelsea's new USDC jersey deal raises concerns among Hong Kong fans about potential legal repercussions for wearing the apparel due to strict stablecoin regulations.
France’s Crypto Tax Challenge: $9.4 Billion at Stake, Says Chainalysis
France is poised for a $9.4B crypto tax reporting challenge as detailed data under EU regulations prepares for implementation by 2027.
Swedish Tax Authority Demands $56.5 Million from Six Cryptocurrency Mining Companies for Back Taxes and Penalties
Sweden's Tax Agency demands $56.5M from six crypto firms for back taxes, alleging misuse of tax benefits through deceptive operational structures.
The Rise of Cryptocurrency Services Among Brazilian Banks Amidst New Regulations
Brazilian banks, led by Itaú and Nubank, are increasing their crypto offerings amid new regulations, enhancing investor access to digital assets.
JPMorgan Chase Mulls Own Stablecoin Amid Larger Coalition of Banks Developing Dollar-Backed Token
JPMorgan Chase is exploring the launch of its own stablecoin, separate from a consortium of banks developing a dollar-pegged token for global payments.
Charges Filed Against Romana Ż. in Zondacrypto Case; Pretrial Detention Requested by Prosecutors
Polish prosecutors have charged Romana Ż. with organized crime and misappropriation of $2.1 million in Zondacrypto user funds, seeking pretrial detention.
Singaporean Malone Lam to plead in colossal $240 million Bitcoin theft case
Malone Lam will plead guilty in a $240 million Bitcoin theft case, becoming the 11th associate to admit guilt involved in the major crypto fraud.
