Business

Poland financial regulator issues public warning about Binance

As Binance faces scrutiny from regulators around the globe, Poland’s finance watchdog has issued a consumer warning about the cryptocurrency exchange. On Wednesday, the Polish

Business

New Zealand’s Reserve Bank consulting public on a potential CBDC

The Reserve Bank of New Zealand says a central bank digital currency might be a “solution” to the ongoing reduction in the use of cash

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SEC closes in on settlements with US BitConnect promoters for millions

The U.S. Securities and Exchange Commission (SEC) is nearing settlements with four U.S.-based individuals accused of promoting the multi-billion dollar crypto Ponzi scheme, BitConnect. According

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Argentine lawmaker introduces bill for workers to be paid in crypto

A member of the lower house of the Argentine National Congress has introduced legislation that would allow certain workers in the country to receive some

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Robinhood’s cash cow under SEC scrutiny amid IPO filing

Trading platform Robinhood could lose a significant revenue source should the United States Securities and Exchange Commission (SEC) move to ban the controversial payment for

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Iran pauses electricity exports due to crypto mining and hot summer

Iran’s challenge with the ever-increasing electricity consumption reached new heights, leading the country to halt electricity exports. Abuzer Salihi, general manager of Iran’s electricity distribution

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Russian lawmakers prepare legal amendment to confiscate crypto

Russian lawmakers are working on new legislation that would allow the government to confiscate cryptocurrencies, according to a senior official. Russian Prosecutor General Igor Krasnov

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‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny

Amid intensifying concerns over Binance’s global regulatory issues, the company’s CEO and founder Changpeng Zhao has underscored the exchange’s commitment to cooperating with regulators. In

Business

Pro-crypto Congressman stacks, anti-crypto Congressman receives $100K from TradFi

News of two contrasting approaches to crypto from U.S. members of congress surfaced this week. Alabama Congressman Barry Moore has been loading up on cryptocurrencies

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Chinese banks tell staff to recruit up to 300 new digital yuan users each

Chinese banks have begun a hard sell of digital yuan wallets, asking staff to recruit hundreds of new users each year. According to a translation