Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
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VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair
Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach and consulted stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines.
BlackRock fined $2.5M by SEC for incorrect investment disclosure
The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC…
US government among largest Bitcoin hodlers with over $5B in BTC: Report
The $5 billion estimation is based on three major seizures linked to the Bitfinex hack and Silk Road, meaning the actual holdings could be much larger.
Hong Kong police recover $11M worth of assets in JPEX case: Report
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million.
Bitcoin gains legal recognition as digital currency in Shanghai, China
A similar report from another Chinese court in September recognized cryptocurrencies as virtual properties protected by law.
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain.
Malta begins public consultation on revised crypto rules to align with MiCA
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.
South Korea focuses on OTC crypto regulations as unlawful deals reach $4B
According to the Korea Customs Service report, the value of unlawful foreign exchange transactions made using digital currency was estimated to be worth $4 billion last year.
Binance crypto exchange saw departure of 10 key executives in 2023. Here’s the list
Binance CEO Chang Peng Zhao sought to dismiss concerns around executive departures, claiming these executives are moving into bigger roles outside Binance, and said reports are market FUD.