Kentucky Regulators Crack Down on Blockfi Interest-Bearing Accounts

The crypto lender Blockfi is now dealing with regulators from five states as Kentucky has joined the fray against the firm’s Blockfi Interest Accounts (BIAs). On July 30, Blockfi shared a statement... Read more »

South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules

Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of... Read more »

Regulators Must “Act Quickly” on Stablecoins, Yellen Says

Key Takeaways The U.S. Treasury Secretary Janet Yellen met with the President’s Working Group on Financial Markets to discuss the risks created by the burgeoning stablecoin market. Yellen urged regulators to “act... Read more »

Former CFTC chair explains why regulators should approve a Bitcoin ETF

Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks regulators should approve a Bitcoin exchange-traded... Read more »

UBS Advises ‘Stay Clear’ of Cryptocurrencies — Warns ‘Regulators Will Crack Down on Crypto’

Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can and will... Read more »

South African Regulators Reportedly Fast-Tracking Crypto Regulatory Framework

With South Africa receiving more than its fair share of cryptocurrency-related scams, a report suggests that regulators are responding to this challenge by fast-tracking the process of creating a new regulatory framework.... Read more »

Regulators in UK, Japan Issue Warnings on Binance Amid Crackdown on Unauthorized Crypto Exchanges

Top financial regulators in England and Japan have independently issued warnings on Binance for offering crypto exchange services to residents of the two countries without being registered with the regulators as required... Read more »

US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals

A new report shows that U.S. regulators have imposed fines and penalties totaling $2.5 billion on crypto firms and individuals so far. The U.S. Securities and Exchange Commission (SEC) has imposed the... Read more »

Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’

The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say... Read more »