State regulation of crypto ATMs is poor and federal laws aren’t much better, the commission said in a report.
Category: Policy & Regulation
‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule
Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.
Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
Banks had feared being drained of liquidity under the original concept for the digital currency.
Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims
BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm.
Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments
Local firm Bitcoin Suisse has partnered with the canton of Zug, converting cryptocurrency tax payments into Swiss francs.
Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week.
Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin
Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
Why We Should Take Dogecoin Seriously
Dogecoin’s rise reflects the power of collective belief and a longing for a more ideal form of crypto.
Russia’s Crypto Tax Bill Passes First Reading at State Duma
The bill proposes to recognise cryptocurrency as property for purposes of taxation.