Japan preparing amendment to enforce FATF travel rules on crypto by May 2023: Report
Japan is expected to enact new rules on money transfers to prevent the use of crypto for money laundering, according to local news agency Nikkei....
FCA green lights Revolut, making no UK crypto firms operating under temporary status
The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and...
Celsius Network CEO Alex Mashinsky steps down
Celsius Network CEO Alex Mashinsky has stepped down from his position at the troubled crypto lending platform, with the resignation effective immediately. A statement from...
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 Bitcoin (BTC) reportedly tied to Do Kwon, the co-founder of Terra blockchain...
Theta invests $500m in crypto-native venture capital funds
Theta Capital Management, a leading blockchain venture capital investor and fund manager based in Amsterdam (‘Theta Capital’), raised $500 million in total last year. The...
Russia aims to use CBDC for international settlements with China: Report
Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national...
Nuclear and gas fastest growing energy sources for Bitcoin mining: Data
The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy...
California files order against Nexo interest account, says it’s 8th state to take action
The California Department of Financial Protection & Innovation (DFPI) has filed a desist and refrain order against crypto lending platform Nexo as part of its...
Terra co-founder Do Kwon says he’s ‘making zero effort to hide’ following Interpol notice
Terra co-founder Do Kwon, wanted by South Korean authorities and whose whereabouts are currently unknown, has suggested he’s not changing his routine in response to...
ECB should have DLT wholesale settlements when the market wants it, official says
The European Central Bank (ECB) needs a wholesale central bank digital currency (CBDC) because market players expect it, ECB executive board member Fabio Panetta told...