Regulation

Binance’s CZ refutes allegations of company’s ties to China, LUNA Classic pumps 2,400%

The biggest news in the cryptoverse for Sept. 2 includes CZ saying that Binance is not incorporated in China, Cardano’s Vasil upgrade scheduled...

SEC, CFTC propose amendments for large hedge fund crypto reporting

US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly proposed an amendment to Form PF.The proposal seeks...

The Fed will huff and puff and blow your house down as it begins quantitative tightening

Quantitative easing (QE) has become synonymous with the COVID-19 pandemic as the blowout from the lockdowns stalled the growth of the global economy...

US prosecutors probing Binance over AML compliance since December 2020 – Reuters

U.S. prosecutors have been probing Binance’s anti-money laundering compliance, operations, and internal communications since December 2020, Reuters reported on Sep. 1, citing people...

FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ

The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported...

US Congress sends 5 major crypto exchanges letter inquiring how they are combatting crypto fraud

Five prominent cryptocurrency exchanges in the U.S. received letters from Congress requesting information about their steps to combat crypto fraud.The inquiries are part...

Crypto users call amended SEC whistleblower program rules hypocritical

SEC Chair Gary Gensler announced amendments to the rules governing the agency’s whistleblower program.However, due to recent actions — particularly in the SEC...

Iran implements rules allowing businesses to use crypto for import trade transactions

The administration of Iran has passed a set of regulations on trade transactions with cryptocurrencies, according to Reza Fatemi Amin, minister of industry,...

News From El Salvador, Late August: Preparing for Bitcoin Day’s 1st Anniversary

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