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Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog SaysThe financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not to Allow Crypto-Related Payments With Bank Cards Taiwan’s Financial Supervisory […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website

Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s WebsiteRussian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From Blacklist of Banned Internet Pages Russia’s Federal Service for Supervision of Communications, […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet

Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News OutletRussia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the source for crypto-related […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Swiss Regulator Urges Financial Watchdogs to Protect Crypto InvestorsCrypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in CryptoAn apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts

Robinhood Lists Grayscale’s Bitcoin and Ethereum TrustsOn May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning the digital currencies. In Addition to Cryptos, Robinhood Adds Grayscale’s GBTC and […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers

Belgium Introduces Registration for Crypto Exchange and Wallet Service ProvidersAuthorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face fines, among other penalties, including prohibition to carry out their respective activities. Financial Regulator Imposes Mandatory Registration for Crypto Exchange Service Providers in […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro

Eurosystem Seeks Providers of Prototype Payment Solutions for Digital EuroEurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator. Eurosystem to Select Front-End Providers for Digital Euro Project Within the ongoing investigation into […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Bank of Russia to Pilot Digital Ruble Settlements in 2023

Bank of Russia to Pilot Digital Ruble Settlements in 2023Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial Digital Ruble in Settlements, International Payments The full launch of the […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies AllegationsCryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ […]

Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens