Crypto Updates – Page 22 – WORLD CRYPTO BUSINESS

SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’

[ad_1] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators... Read more »

FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison

[ad_1] The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin... Read more »

British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’

[ad_1] British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they... Read more »

Mining Ban Sparks Negative Reactions From Iran’s Crypto Community

[ad_1] The recently reintroduced seasonal ban on cryptocurrency mining has provoked backlash from the local crypto community. This week, the country’s power distribution company ordered miners to suspend activities citing electricity shortages... Read more »

SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation

[ad_1] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reportedly proposed “one rule book” for the regulation of crypto assets. “If this industry is going to take... Read more »

Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform

[ad_1] Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently... Read more »

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital

[ad_1] Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners... Read more »

Albania to Start Taxing Crypto-Related Income From 2023

[ad_1] Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the... Read more »

ECB Chief Lagarde: Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability

[ad_1] The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory... Read more »

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

[ad_1] Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around... Read more »