FATF Plans to Strengthen Global Supervisory Framework for Crypto Exchanges
The international financial watchdog will meet in October to discuss creating a stronger global framework for the regulation of cryptocurrencies.
Policy & regulation
With Chat Privacy Under Threat in US, Firm Develops ‘100% User-Controlled’ Messaging
Unstoppable Domains is working to give users full control over their chat data with a new decentralized protocol.
Kraken-Owned Crypto Facilities Wins UK License to Offer Derivatives Trading
The subsidiary of cryptocurrency exchange Kraken has obtained a U.K. license allowing it to operate its derivatives platform in the EU.
Crypto Firm CEO Went Into Hiding After Claims 2,000 Investors Defrauded
The CEO of cryptocurrency investment firm VaultAge Solutions has forced into bankruptcy while on the run from angry investors.
Russian Courts Can’t Agree on Whether Crypto Is Property
A Russian court convicted two men for extortion, but did not force them to return over $900,000 in crypto since they have no legal definition as property. Other courts have taken a different view.
German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report
Germany’s finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard’s accounts.
E-Gold Claims US Officials Buried Key Report in 2008 Landmark Crypto Ruling
A court filing alleges federal government suppression of an OFR review led to crypto businesses being defined as money transmitters.
Crypto Investment App B21 Expands to India
The Gibraltar-based company said the move was prompted by rising consumer interest and trading volumes in the nation after a ban on banking services for cryptocurrency firms was lifted.
Singapore Man Fined $72K for Promoting Crypto Ponzi OneCoin
Police said the man is the first to be charged under the Multi-Level Marketing and Pyramid Selling (Prohibition) Act.
Bug in Moscow’s Blockchain Polling System Can Reveal How Users Voted: Report
The vulnerability allowed users votes in the recent constitutional poll to be decrypted, Russian journalists found.
