Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies....
US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the...
SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million.
SEC Hits...
India Plans to Unveil Central Bank Digital Currency Model by Year End
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC)...
SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme
The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of...
Creator of Video Downloading Websites Sentenced to Prison in US — Over $1 Million...
The U.S. has sentenced a creator of video streaming and downloading websites to prison for 12 months and one day. The feds also seized $3.9 million from him, including...
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...