On March 16th, 2022, Congressman Tom Emmer (R-MN) and seven other Congress Members sent a formal letter to the Securities and Exchange Commission and Gary Gensler (SEC chair) regarding their investigations on Bitcoin and cryptocurrency companies.  Emmer tweeted a thread stating that his office received word from a number of

Ukrainian President, Volodymyr Zelenskyy's latest war-time efforts have extended in crypto regulations. This morning, Zelenskyy signed into law a sweeping framework for Ukraine to operate a regulated crypto market. The law greenlights Ukraine’s National Securities and Stock Market Commission to determine the country’s policies on digital

The United Kingdom’s National Crime Agency (NCA) has announced its plans to regulate “crypto mixers” to decrease criminals’ money laundering activities. The agency is concerned that criminals looking to launder funds are using this practice to allow themselves greater protection and anonymity.   Coin mixing is essentially the practice of

Wasabi announced that it will bar certain Bitcoin transactions from its service using CoinJoins. Wasabi’s Bitcoin Wallet is known for its mechanism that helps users coordinate CoinJoins. CoinJoining is a method of mixing coins to protect users’ privacy on the public ledger by essentially conducting multiple transactions into a

The country of El Salvador planned to launch Bitcoin backed bonds in just six months after making Bitcoin legal tender. The tentative timing for the launch of the bond was between March 15th and 20th, but according to the financial minister Alejandro Zelaya the launch may be delayed due to

The Markets in Crypto-Assets (MiCA) proposal was first introduced in 2020 to set clear regulations for Bitcoin and cryptocurrencies within the EU. On March 14th, 2022 the ECON committee voted 32 against and 24 in favor for a proof-of-work (PoW) mining ban. This latest development for the proposal has brought

Paris Member of Parliament Pierre Person announced on March 11th, 2022 that the updated MiCa proposal prohibiting the exchange of crypto-assets that require Proof-of-Work to execute transactions would be signed. The proposal would include banning networks like Bitcoin, Ethereum, and any other crypto-asset the parliament deems too “energy intensive”. The

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