CryptoSlate
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DOJ launches probe into Block’s compliance history following allegations of lapses
Fintech giant Block is under scrutiny by federal prosecutors from the Southern District of New York following allegations of significant...
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UK sharpens focus on crypto regulation in latest anti-money laundering report
The UK Financial Conduct Authority (FCA)’s recent anti-money laundering and counter-terrorist funding (AML/CTF) efforts have focused heavily...
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Senator Lummis ‘deeply concerned’ by Biden administration’s actions against DeFi, non-custodial wallets
Senator Cynthia Lummis expressed deep concern regarding recent actions by the Biden administration, which she perceives as a threat to the...
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Changpeng Zhao says crypto has entered new phase where ‘compliance is super important’
Former Binance CEO Changpeng Zhao said the crypto industry has entered the next phase where “compliance is super important.” The...
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McHenry slams Gensler for misleading Congress about Ethereum’s classification
House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the...
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Lawmakers urge Biden administration to address ‘rogue nations’ evading sanctions via crypto
A coalition of US lawmakers penned a letter to top government officials on April 28 expressing urgent concern over the use of digital currencies...
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SEC suspected Ethereum was a security since 2018, new Consensys documents reveal
The Gary Gensler -led Securities and Exchange Commission (SEC) began investigating Ethereum’s security status last year, according to an...
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SEC vs DeFi: The Battle Royale — what lies ahead amid regulatory clash and hack mayhem?
The following is a guest post by Nikita Ovchinnik, the Co-founder at Barter DeFi. DeFi may be “in the crosshairs” of the SEC,...
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UK law enforcement given new powers to seize, destroy digital assets linked to criminals
The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and...
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Custodia Bank files notice of appeal in Federal Reserve case
Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26 . The bank intends to appeal an earlier...
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Warren calls on DOJ, NHS to crackdown on crypto payments for child sexual abuse material
US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) are urging US authorities to crack down on the use of crypto in the illegal...
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FBI warns US citizens against using ‘unregistered crypto money transmitting services’
The FBI advised US citizens against using unregistered crypto services to transmit assets on April 25 . The agency’s warning stated that...
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Europe tightens crypto regulations with new anti-money laundering laws
Crypto Asset Service Providers (CASP) in Europe would have to implement stringent Know Your Customer (KYC) procedures to combat money laundering...
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Nigeria freezes over 300 P2P accounts on more crypto exchanges amid forex concerns
Nigerian authorities are gearing up for the next phase of their crackdown on crypto trading, targeting peer-to-peer (P2P) platforms like OKX ,...
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Tether commits to freezing addresses linked to sanctions as scrutiny over USDT misuse grows
Stablecoin issuer Tether told CryptoSlate that the firm would freeze any addresses linked to sanctioned entities. This decision comes in...