Author: Cointelegraph By Turner Wright

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Russia overestimates its ability to bypass US sanctions using crypto

Christopher Wray, the director of the Federal Bureau of Investigation, said that fiat was a more likely avenue for Russia…
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Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy

Nine Republican senators have backed legislation aimed at directing the policy of U.S. government agencies around concerns that China’s digital…
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Regulators and industry leaders react to Biden‘s executive order on crypto

Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory…
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Sanctions on Russia and Belarus will include crypto — European Commission

The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response…
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Dubai establishes virtual asset regulator and announces new crypto law

Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai in the United Arab Emirates who holds several positions including…
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FinCEN includes crypto in alert on Russia potentially evading sanctions

The United States Financial Crimes Enforcement Network, or FinCEN, a bureau of the Treasury Department, has warned financial institutions to…
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European Parliament will hold vote on crypto bill without PoW provision

The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns…
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FCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns

The United Kingdom’s Financial Conduct Authority, or FCA, has issued a warning to Binance Markets in response to Binance’s payment…
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The city of Lugano will accept Bitcoin, Tether and LVGA tokens as ‘de facto’ legal tender

Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as “de facto” legal tender as…
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UK financial watchdog is investigating 50 unauthorized crypto firms

The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts…
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