Regulation
Iran seizes record haul of 7,000 crypto mining machines
Iranian police have confiscated 7,000 cryptocurrency mining machines from an abandoned factory in western Tehran, the largest batch discovered in recent days.
Ningwei Qin
Lens
Regulatory
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Regulation
U.S. Treasury nominees pledge beefed-up crypto AML enforcement
Two nominees to the U.S. Treasury Department have promised, if they are confirmed in their posts, to implement new regulations relating to cryptocurrency.
Lachlan Keller
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Regulation
Chinese crypto miners head west as Beijing’s crackdown gains pace
Kazakhstan offers nearby bolthole as North America and Europe beckon.
Timmy Shen
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Regulatory News
Bybit joins growing list of crypto exchanges in Canadian regulator’s crosshairs
The Ontario Securities Commission (OSC) is seeking to bring enforcement action against Singapore-based crypto derivatives exchange Bybit for allegedly violating the Canadian province’s securities laws, according to a statement. Fast facts: “Bybit, incorporated in the British Virgin Islands, is operating an unregistered crypto asset trading platform, encouraging Ontarians to use the platform, and allowing Ontario […]
Michelle Lim
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Regulation
Chinese central bank orders lenders to cut cryptos’ financial lifelines
The People's Bank of China has told the country's big banks and other finance sector heavyweights to cut off financing sources for cryptocurrency transactions.
Yihui Xie
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Regulation
S. Korean banks start crypto exchange reviews as contract renewals loom
South Korean lenders have started money laundering risk assessments of the country’s “big four” cryptocurrency exchanges, with which they have contracts to provide real-name accounts.
Danny Park
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Regulation
Bitcoin hashrate plunges as Chinese crypto mining crackdown hits Sichuan
The Bitcoin hashrate plunged over the weekend following a clampdown on cryptocurrency mining by the southwestern Chinese province of Sichuan.
Timmy Shen
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Bitcoin News
Miami woos crypto miners fleeing China
The city’s mayor says it welcomes an exodus of miners from China amid a generalized clampdown on the industry.
Yihui Xie
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Regulation
Chinese crypto mining ban coming to Sichuan — reports
Miners face imminent shutdown as power companies told to cut electricity, according to multiple reports.
Timmy Shen
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Regulation
U.S. securities watchdog’s regulatory agenda turns blind eye to crypto
Dashing hopes of greater regulatory clarity for the cryptocurrency industry, the U.S. Securities and Exchange Commission's recently released annual regulatory agenda does not mention Bitcoin or cryptocurrency regulations.
Michelle Lim
