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US Accuses Five Russians and Two Venezuelans of Smuggling Oil, Millitary Equipment Using Crypto

On October 19, the United States Department of Justice (DOJ) accused two Venezuelan citizens and five Russians of using cryptocurrencies to launder money for Russian oligarchs by selling oil barrels…

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US Regulators Step Up Scrutiny of the Crypto Industry. 3AC, FTX Under Investigation

Bloomberg reported that the CFTC and SEC are investigating Three Arrows Capital. The US regulators want to understand whether the Singapore-based cryptocurrency hedge fund violated some rules and laws that…

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Kazakhstan Wants More Regulations for Crypto Miners With New Bill (Report)

The lower house of Kazakhstan’s parliament – Mazhilis – reportedly greenlighted new bills that aim to establish appropriate rules in the local crypto sector. They will require miners to create…

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Michael Saylor’s Wish for Bitcoin Accounting Changes Has Arrived

The Bitcoin-loving billionaire Michael Saylor has spent months pushing for rule changes surrounding cryptocurrencies and their accounting procedures. On Wednesday, was finally granted his wish. The Financial Accounting Services Board…

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