Cryptopolitan
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US House Committee Chair proposes a bill to create “E-Cash” digital dollar
TL;DR Breakdown The chairman of the House Financial Services Committee’s fintech task force has introduced a bill to establish...
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Italian bank sued for $144 million by a crypto mining company
TL;DR Breakdown Italian bank fined $144 million for customer violation. Banks are under economic scrutiny amid the Russia-Ukraine war....
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Japan tightens crypto regulations to impose financial sanctions on Russia
TL;DR Breakdown Japan is planning to modify its Foreign Exchange and Foreign Trade Act to bring crypto exchanges under the bank-regulatory...
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Russian minister pushes for legalization of crypto mining
TL; DR Breakdown Russian minister wants legalization of crypto mining The minister wants a regional mining plan Russia records surge in...
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Bank Leumi launches Pepper Invest crypto project for BTC and ETH trading
TL;DR Breakdown • Israeli banking would be the first to promote crypto trading. • Bank Leumi partners with Paxos to launch its crypto...
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South Korea steps up crypto regulation with FATF’s Travel Rule
TL;DR Breakdown The FATF Travel Rule will go into effect in South Korea today. The rule requires crypto companies to collect and share...
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Costa Rica proposes crypto projects for legal use
TL;DR Breakdown • Secretary of the country asks for its crypto project review before the end of March. • Leaders in Costa Rica believe that...
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El Salvador president astounded over ACES bill proposed by US senators
TL;DR Breakdown The US Congress appears to be concerned about El Salvador’s decision to accept Bitcoin as legal currency. The...
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SEC wins ruling to submit discovery against Ripple Labs
TL; DR Breakdown Court grants SEC permission to submit discovery against Ripple Labs The commission has seven days to submit discovery...
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Thailand SEC announces ban on crypto payments
TL; DR Breakdown Thailand SEC ban crypto payments The Commission highlights ills of crypto trading Thailand plans to explore new...
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Bank of Ireland warns traders of the risks of crypto trading
TL; DR Breakdown Bank of Ireland warns traders of the risk of crypto trading The bank against misguided crypto ads Crypto firms continue...
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Australian senator proposes DAO regulation
TL;DR Breakdown Senator Andrew Bragg of Australia called for “prompt” legislation governing decentralized autonomous...
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Malaysia’s Comms Ministry wants government to adopt crypto as legal tender
TL;DR Breakdown: The deputy minister of Malaysia’s Comms Ministry wants crypto to be legalized in the nation. The minister acknowledged...
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Argentina`s government approves $45 billion IMF debt deal that could discourage crypto use
TL;DR Breakdown Argentina approves a $45 billion debt deal with the IMF. The deal stands to discourage the use of cryptocurrencies in the...
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Ukraine’s PrivatBank stops Bitcoin purchases with the national currency, Hryvnia (UAH)
TL; BR Breakdown PrivatBank which is the largest savings bank in Ukraine has blocked purchasing of Bitcoin using Ukraine’s national...