China’s Gansu province warns against BTC mining in national data centers
The province has been cracking down on block reward miners for the past year and issued the warning amid mega data center construction in Western China.
Latest regulation News
EU regulator gives green light for DLT securities trading pilot
ESMA disclosed that it will not amend the existing rules on data reporting for the proposed plans to launch a securities trading pilot for the region.
SEC finally catching on to Ethereum centralization, according to new enforcement action
The U.S. securities regulator appears to be warming up to the notion that Ethereum is a highly centralized network, according to a lawsuit filed against crypto promoter Ian Balina.
Revolut granted FCA license to offer digital asset services in UK
Revolut was the only firm on the FCA’s temporary registration regime and is now licensed to offer digital asset trading and custodial services in the U.K.
8 states file enforcement actions against digital asset lender Nexo
The states, among them California, Oklahoma, and New York, ordered Nexo to halt its interest-earning product, which they claim is an unregistered security.
Japanese exchanges must provide customer information with transfers, new law says
With the new law, criminal penalties may be applied to exchange operators who fail to provide customer information such as names and addresses when performing transfers with other exchanges.
Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill
Following its approval to use digital assets in cross-border payments, Russia now has its eyes set on digital assets trading to address growing investors' demand and the changing economic landscape.
SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting
Friedman LLP practiced improper professional conduct in 2017-18, the same time frame the firm audited Tether, although the U.S. securities regulator didn’t mention the stablecoin.
Denmark to begin work on EU’s distributed ledger technology scheme
The European Union's DLT sandbox project has seen a utility in agriculture and environmental sustainability, with Agreena, an ag-tech company leveraging it.
California governor vetoes state’s ‘BitLicense’ bill, calls it premature
Gov. Gavin Newsom nixed the bill, which would have created a licensing regime for VASPs similar to New York’s BitLicense, calling for a more flexible approach.
New UK bill makes it easier to seize, freeze and recover digital currencies
A new bill hurdles the British parliament as it hardens its stance on digital currency exchanges in the wake of soaring financial crimes, a move that is also expected to affect the blockchain sector.
CFTC sues decentralized autonomous organization and its token holders
The U.S. regulator settled with bZx founders for $250,000 for illegal margined and leveraged commodity transactions, while also suing the Ooki DAO and its token holders.