Crypto Updates – Page 33 – WORLD CRYPTO BUSINESS

Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million

[ad_1] Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam... Read more »

SEC Chair Gensler: Crypto Exchanges Are Trading Against Their Customers Often

[ad_1] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says cryptocurrency exchanges are “trading against their customers often because they’re market-marking against their customers.” He has raised concerns... Read more »

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

[ad_1] Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it... Read more »

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

[ad_1] As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the... Read more »

Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia

[ad_1] President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates... Read more »

UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets

[ad_1] Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.”... Read more »

Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives

[ad_1] The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the... Read more »

US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts

[ad_1] A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans,... Read more »

Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services

[ad_1] The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurrency... Read more »

SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder

[ad_1] The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If... Read more »