Crypto-friendly CFTC commissioner Brian Quintenz reportedly plans to step down
Quintenz's 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure.
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Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations
The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an…
Putin Orders Russian Government to Prepare to Check Officials With Crypto Assets
President Vladimir Putin has tasked several ministries and the central bank to prepare to verify information provided by government employees about their digital asset holdings. The order comes as part…
Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the…
Government Watchdog Investigates Conflicts of Interest Involving SEC Officials, Crypto, XRP, Ripple Lawsuit
Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level…
Kenyans Cautioned Against Investing in BTC Company Promising Returns of 400% in Six Hours
A Kenyan regulator, the Capital Markets Authority (CMA), has cautioned investors and Kenyan citizens against investing with Fxbitinvest, a bitcoin trading company. The warning was issued after the regulator noted…
People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown
The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According…
US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation
Two U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working…
US lawmakers urge CFTC and SEC to form joint working group on digital assets
The letter seems to be applying political pressure for the two government agencies to act on their own rather than waiting for a bill requiring the creation of such a…
Spanish officials issue warning on Huobi and Bybit crypto exchanges
The National Securities Market Commission in Spain issued warnings on 11 entities for not being registered for investment services.