Regulation
SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps
The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.
FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges
The international financial watchdog will meet in October to discuss creating a stronger global framework for the regulation of cryptocurrencies.
FATF Under Germany: Expand Digital AML/CTF Efforts
Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.
Iran Gives Crypto Miners One Month to Register With the State
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration.
Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading
The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.
Russian Courts Can't Agree on Whether Crypto Is Property
A Russian court convicted two men for extortion, but did not force them to return over $900,000 in crypto since crypto has no legal definition as property. Other courts have taken a different view.
German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.
E-Gold Claims US Officials Buried Key Report in 2008 Landmark Crypto Ruling
A court filing alleges federal government suppression of an OFR review led to crypto businesses being defined as money transmitters.
Swiss Government Makes Moves to Encourage Crypto Businesses
The Swiss government is making key legislative changes to financial laws to improve legal conditions for blockchain businesses.
Mapping the Future of the SEC (There's a Nonzero Chance Hester Peirce Takes Over)
The future of the U.S.’s federal securities regulator, and perhaps the direction of cryptocurrency policy, is up in the air. We game out the scenarios.
