The Financial Conduct Authority (FCA) in the United Kingdom issued a warning on March 11th, 2022 to Bitcoin and cryptocurrency ATM (CATM) owners that all of their kiosks must be registered with FCA and comply with UK Money Laundering Regulations (MLR).  In a statement, the FCA claims that none of

Yoon Suk-yeol, the conservative, crypto-positive candidate, has won the South Korean presidential election. During the campaign, he pledged to deregulate the crypto sector in South Korea, and even included the use of non-fungible tokens (NFTs) as a part of the campaign strategies from both parties.  In January, Suk-yeol declared that

On March 9th, 2022, U.S. Senators Bill Cassidy, M.D. (R-LA) and Marsha Blackburn (R-TN) introduced regulations for the Say No To Silk Road Act.  The Senators are anticipating the possibility that Russia will use the Chinese Communist Party’s (CCP) Digital Yuan in order to bypass payment systems

In January of 2022, Dubai’s Chamber of Digital Economy organized the city’s first one of a kind summit to attract venture capitalists for financing start-ups. This summit was created to expand and double the amount of digital companies run out of Dubai. Soon after, Dubai is now adopting

After a four-month mining ban, crypto miners will now be able to resume operations in Iran. The ban was due to blackouts that began back in December after more than 600 megawatts of energy was being used by illegal mining operations.  However, new mining licenses will be difficult to obtain

President Biden signed an executive order on March 9th, 2022 that outlines the first steps for Bitcoin and cryptocurrency regulations. With the rise in adoption and market size, the White House recognizes that Bitcoin, cryptocurrencies, and digital assets are becoming a major industry that may benefit U.S citizens.  The

Kaja Kallas is a recent addition in the growing line of public officials concerned about Russia utilizing the censorship-resistant feature of cryptocurrencies to evade sanctions. Ukraine’s Vice Prime Minister, Mikhailo Federov, was the first to call for a ban of Russian users on crypto exchanges. “It’s crucial to

The United States Virginia Senate recently approved a bill amendment that will allow certain banks to offer custody services for bitcoin and other digital assets. However, in order to offer digital services, banks must meet a total of 26 predetermined protocols.  Bill 263 and Bank Protocols    The amendment came from