Regulation


Policy

Russian Web Censor Tells Binance It's Been Blacklisted – Three Months Late

Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.

Internet censorship

Policy

EU Proposes Full Regulatory Framework for Cryptocurrencies

The European Commission has formally proposed legislation that will provide a comprehensive regulatory regime for cryptocurrencies.

The European Commission's headquarters in Brussels.

Policy

Russian Ministry Wants Citizens to Report Their Crypto Wallet Details: Report

The Ministry of Finance is seeking amendments to the law that would force cryptocurrency users to report wallet balances and large transactions to the tax authorities.

Russian Ministry of Finance, Moscow

Policy

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial.

Azadi Tower, Tehran

Markets

Gibraltar Updates Distributed Ledger Guidance to Match FATF Crypto Rules

The Gibraltar Financial Services Commission has updated its guidance for virtual asset service providers to include clarity on risk management, token issuance and more.

(Shutterstock)

Markets

Tassat Gains CFTC 'No-Action' Relief Ahead of Eventual Bitcoin Swaps Contract Listing

Tassat blamed COVID-19 and leadership changes for its long-delayed bitcoin derivatives contract listing.

Green light

Policy

US State Bank Regulators Agree to Single Set of Rules for Fintech, Crypto Firm Licensing

Agencies from 48 states are expected to unveil a new framework today that will simplify and consolidate regulation for crypto companies.

caphill

Policy

India Said to Be Preparing to Ban Cryptocurrency Trading: Bloomberg

The federal cabinet is expected to shortly discuss a new bill before passing it to the parliament, people familiar with the matter told Bloomberg.

Hyderabad, India (Shutterstock)

Policy

Nigeria's SEC Says All Crypto Assets Are Securities by Default

The Securities and Exchange Commission of Africa's most populous country said all crypto assets will fall under the regulation that covers securities exchanges and transactions.

Lagos, Nigeria

Policy

User Profiling Can Help Regulators Identify Illegal Crypto Activity, Says FATF

The international watchdog has recommended comparing users' age and wealth with their crypto transactions to identify possible criminal activity.

FATF Financial Action Task Force