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Tag: Regulation

Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law

March 21, 2021 wp-bot Bitcoin News

Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT)

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Ahead of IPO, Coinbase Pays CFTC $6.5 Million to Settle False Reporting, Wash Trading Charges

March 20, 2021 wp-bot Bitcoin News, Coinbase

The Commodity Futures Trading Commission (CFTC) has fined cryptocurrency exchange Coinbase $6.5 million “for reckless false, misleading, or inaccurate reporting as well as wash trading.”

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UK Watchdog Bans Bitcoin Advert for ‘Irresponsibly’ Promoting Investments in the Crypto Asset

March 19, 2021 wp-bot Bitcoin News

The United Kingdom’s Advertising Standards Authority (ASA) has banned Coinfloor’s bitcoin advert for “irresponsibly” promoting investments in the crypto asset. The watchdog claimed the crypto

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Putin Asks Russian Attorney General Office to Combat Illegal Cross-Border Crypto Transfers

March 19, 2021 wp-bot Bitcoin News

The Russian President held a meeting with the attorney general’s office where cryptocurrencies came to the discussion table. Vladimir Putin raised red flags toward taking

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Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’

March 18, 2021 wp-bot Bitcoin News

The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at

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