Cryptocurrency news - Politics
Cathie Wood’s ARK loading up on Coinbase shares again, buying $18M
ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year. Cathie Wood’s investment management firm has gone back to buying Coinbase shares again, just a day after COIN’s stock price dipped...
Canadian Self-Regulatory Agency Approves First Crypto-Native Investment Dealer
Toronto-based crypto exchange Coinsquare became a member of Canada’s top self-regulatory organization (SRO) – the Investment Industry Regulatory Organization of Canada (IIROC) – on Thursday, making it the first crypto-native platform to join that body. In addit...
EU Commission Launches Proposal for Study of Automated DeFi Supervision
The European Union Commission has put out a call to study “embedded supervision” of decentralized finance (DeFi) protocols on the Ethereum blockchain, signaling greater EU regulation is on the horizon. The pilot aims to “develop, deploy and test”...
Digital Euro Could be More Popular Beyond EU's Borders
A digital euro "could well be" more popular beyond the European Union's borders, according to European Central Bank (ECB) President Christine Lagarde. The digital version of a euro should be "borderless" and it should be "regulated and properly supervised" Lagarde said, respondi...
Digital Bank Revolut's Data Breach May Have Affected 50,000 Customers
Digital bank Revolut, which includes crypto trading among its services, suffered a breach that may have exposed the data of over 50,000 customers. Revolut notified the Lithuanian State Data Protection Inspectorate (VDAI) last week regarding an incident in which access to...
US Treasury Sanctions Russian Paramilitary Group Crowdfunding Ukraine War With Crypto
The U.S. Treasury Department added five crypto addresses to its sanctions blacklist Thursday, all tied to a Russian entity dubbed “Task Force Rusich.” The addresses – two bitcoin, two ether and one tether – saw thousands of dollars in crypto flow through,...
Argentina’s Tax Authority Conducts First-Ever Raids on Secret Crypto Miners
Argentina’s tax collection agency (AFIP) conducted raids for the first time in search of secret crypto miners, the agency announced Friday. Last Tuesday, AFIP carried out its first raid in the province of San Juan, where it found an agricultural producer housing crypto m...
Russia Exploring Stablecoin Settlements With Friendly Nations
Russia is talking to several friendly countries about launching clearing platforms for cross-border settlements in stablecoins, according to a report from Russian news agency Tass. Tass quoted Russia’s Deputy Finance Minister Alexey Moiseyev as saying, “We are curren...
Thailand Toughens Crypto Ad Rules
Tougher rules governing crypto advertising in Thailand came into effect on Thursday, according to an official notice from the country's securities regulator. The new restrictions prohibit the inclusion of false or exaggerated information about crypto companies, such as inflate...
Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments
The Argentine province of Mendoza has enabled the payment of taxes with cryptocurrencies, its tax authority announced on Saturday. With a population of more than 2 million, Mendoza is the fifth-largest territory in the country. According to instructions published by Mendoza's go...