Crypto

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 …