- 21 May, 2024
New OCC head requests review of cryptocurrency rules
The United States’ banking regulator, the Office of the Comptroller of the Currency, is set to review cryptocurrency-related rulemaking following Brian Brooks’ departure. Michael Hsu,
Inner Mongolia sets up hotline to report suspected crypto miners
A new announcement from the Inner Mongolia Autonomous Region Development and Reform Commission, or DRC, has informed the public that they now have a direct
Indian government is rethinking crypto ban: The Economic Times
Reports are emerging that India’s government may be reconsidering its stance on cryptocurrencies with the formation of a new regulatory panel. A May 19 report
Nebraska bill to allow banks to offer crypto services passes to final round
Lawmakers in the U.S. state of Nebraska have taken another step towards passing a bill that will allow state banks to offer cryptocurrency services. According
US lawmaker introduces bill aimed at protecting ‘forked assets’ from IRS
Minnesota Rep. Tom Emmer has reintroduced a bill aimed at preventing the IRS from imposing penalties or fees on crypto taxpayers with forked assets. In
Chinese trade associations sound crypto investment warning
The China Internet Finance Association has signed a joint statement with the China Banking Association and China Payment and Clearing Association, warning the public about
US FDIC seeks insight on banks’ role in cryptocurrency markets
The United States Federal Deposit Insurance Corporation is looking for information and public comments on banks’ cryptocurrency-related activities. The FDIC is the major provider of
Buyer of Jack Dorsey’s ‘genesis tweet NFT’ reportedly detained in Iran
Iranian Cyber Police have reportedly arrested Bridge Oracle CEO Sina Estavi, according to a tweet pinned to Estavi’s Twitter account. A rough translation of the
NYDFS taps former DOJ attorney as deputy virtual currency chief
Debra Brookes’ new role with the New York State Department of Financial Services may suggest more of a focus on regulation through enforcement. An attorney
Iranian crypto miners using household energy will face large fines
The Iranian government continues to closely monitor the cryptocurrency mining industry by initiating new measures against home crypto miners, according to a new report. Mostafa