On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies
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South Korea faces strict crypto regulation and fears of centralization
The growing cost of compliance in South Korea could push smaller crypto businesses out of the country.
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Federal judge’s decision could be a blow for the privacy rights of crypto users
The Internal Revenue Service will likely not be penalized for obtaining records on a crypto user from Coinbase or Abra.
Read moreReport: India Mulling Banning IP Addresses of Crypto Exchanges
Speculations are growing that the government may consider blocking internet protocol (IP) addresses of crypto-facing businesses and firms operating in the country. This step was
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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are
Read moreNigeria’s Apex Bank Says Crypto Ban Will Protect Banking Sector
A representative of the Governor of the Central Bank of Nigeria (CBN) Governor Godwin Emefiele, has come out to clarify the regulator’s stance on cryptocurrencies
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