The Central Bank of the Argentine Republic (BCRA) is investigating nine fintech companies. The monetary authority wants to determine if the fintech firms have conducted unauthorized financial intermediation involving...

A top-ranking Republican on the Senate Banking Committee believes that the proposed regulation on crypto might be counterproductive. Sen. Pat Toomey (R-Pa.) wrote a letter to Treasury Secretary Janet Yellen saying that the...

While it is cautious when it comes to cryptos like Bitcoin (BTC) and Ether (ETH), the Bank of England (BoE) does not have any problems with stablecoins and central bank digital currencies (CBCDs). In fact, a bank executive...

El Salvador just made history as the first country in the world to grant legal tender status to the largest crypto by market cap, Bitcoin. This happened just days after President Nayib Bukele discussed his plan at the...

A number of jurisdictions all over the world have already earned the distinction of being crypto havens for their crypto-friendly regulations and business climate. However, the Central American country of El Salvador is...

The Financial Services Commission (FSC) is moving to halt the practice of cross trading between crypto exchanges in the country. According to the top regulatory body for South Koreas financial market, the practice of cross...

Dozens of firms that deal in cryptos like Bitcoin (BTC) and Ether (ETH) might have been facing imminent closure in the UK after failing to meet the countrys anti-money laundering rules. Thankfully, the FCA extended the...

South Koreas Financial Services Commission (FSC), which was recently tasked to oversee the crypto industry, had a closed-door meeting with some of the countrys crypto exchanges. Twenty crypto platforms had the chance to...

The Reserve Bank of India (RBI) has issued an official notice telling banks to stop quoting or referring to its 2018 crypto circular. The central bank explained that with the countrys Supreme Court decision last year, the...

Japans Financial Services Agency (FSA) has issued a warning to crypto derivatives exchange Bybit for allegedly running unregistered crypto services in the country. The move came after Bank of Japan Governor Haruhiko Kuroda...

The Financial Supervisory Services (FSS) has been chosen as the main agency responsible for overseeing South Koreas crypto market. The government reached its decision after prolonged discussions that lasted for...

Bank of America, Citigroup, and Wells Fargo have recently revealed their crypto policies before the U.S. Senate banking committee. Though lagging behind Goldman Sachs and Morgan Stanley, which are already offering...

The Sveriges Riksbank, Swedens central bank, is moving ahead with the next phase of its central bank digital currency (CBDC) project called the e-krona. This time, the bank has invited two participants from the countrys...

Governments and monetary authorities in most countries are trying to come up with an appropriate regulatory framework to counter what they see as potential risks posed by the rising usage and trading of cryptos. However,...

Chinas call for a crackdown on crypto mining and trading last week has worried players in the industry. Just days after Chinese Vice Premier Liu Hes statement, crypto exchanges Huobi and OKEx likewise announced the...