By Pete Schroeder WASHINGTON – A top U.S. banking regulator told banks on Thursday to be more vigilant about guarding against unlikely but extreme risk as Russia’s invasion of Ukraine…
By Michelle Price WASHINGTON – U.S. listed companies that hold cryptocurrencies on behalf of users and customers should account for those assets as a liability on their balance sheet and…
WASHINGTON -The U.S. Securities and Exchange Commission (SEC) on Wednesday flagged crypto-assets, information security, the private fund sector and environmental, social and governance issues among its examination priorities in 2022…
By Kantaro Komiya TOKYO – Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow’s invasion of Ukraine through cryptocurrency assets, top government…
By Tom Wilson LONDON – Decentralised finance – or DeFi – is throwing up new risks for investors as it evolves to mirror traditional markets, a global body for securities…
FRANKFURT – Cryptocurrencies are being used to avoid sanctions levied against some Russian individuals and the European Central Bank has warned firms in that industry against becoming “accomplices” in that…
By Gertrude Chavez-Dreyfuss NEW YORK – Cryptocurrency investment products and funds showed net outflows for a second straight week, a report from digital asset manager CoinShares showed on Monday, on…
By Andrea Shalal and Hannah Lang WASHINGTON – U.S. officials have observed an uptick in the use of digital assets to facilitate illicit finance since Russia invaded Ukraine, but the…
By Hannah Lang – Democratic U.S. senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with sanctioned Russian entities and prevent…
LONDON – Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union’s securities, banking and insurance watchdogs said in a joint statement…
DUBAI – The world’s largest cryptocurrency exchange Binance has been granted a licence to conduct some operations in Dubai, the company said on Wednesday, from where it plans to carry…
The owners of a cryptocurrency company have been sentenced to a combined 8 years in federal prison for tax evasion, announced U.S. Attorney for the Northern District of Texas Chad…
By Hannah Lang – The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital asset moves from the fringes…
By Hannah Lang – Utah-based cryptocurrency exchange CoinZoom is pausing applications for new accounts within Russia following the country’s escalating conflict in Ukraine, the company’s chief executive officer told Reuters.…
By Hannah Lang – The U.S. Treasury Department has reached out to cryptocurrency companies about their cybersecurity controls amid concerns that Russia could wage retaliatory cyber attacks in response to…
– U.S. cryptocurrency exchange Coinbase Global Inc will continue to block accounts and transactions of Russian clients targeted by sanctions, but it stopped short of banning all users from the…
By Jonathan Stempel – Charlie Munger, the longtime business partner of Warren Buffett, on Wednesday said it is “massively stupid” for tensions to escalate between the United States and China,…
By Gertrude Chavez-Dreyfuss NEW YORK – Fireblocks, an infrastructure provider for cryptocurrencies, has acquired First Digital, a stablecoin and digital asset payments technology platform. Fireblocks and First Digital said on…
By Sheila Dang – Coinbase Global on Tuesday said it is launching a pilot program to allow cryptocurrency recipients in Mexico to cash out their funds in pesos, a move…
By John McCrank NEW YORK -Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets.…
– Intel Corp on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip…
By Medha Singh – Stocktwits.com, one of the social media sites at the heart of last year’s retail trading mania, launched a crypto trading platform on Thursday, looking to tap…
LAGOS – Binance, the world’s largest cryptocurrency exchange, has restricted the personal accounts of 281 Nigerian users, citing a need to comply with international money laundering laws, its CEO said.…
President Joe Biden is set to announce guidelines for regulating cryptocurrencies in the coming weeks, Barron’s reported. The initiative will involve the State Department, Treasury Department, National Economic Council, Council…
By Elena Fabrichnaya MOSCOW – Binance, the world’s largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will boost its…