The chairman of Italy’s securities regulator thinks crypto is far too risky to keep waiting for the EU to release rules, suggesting Italy may have to go its own way.

TL;DR Breakdown • Pieter Hasekamp, ​​CPB head, indicates that the cabinet should ban cryptocurrencies.• Cryptocurrencies could suffer an inevitable collapse, which is a huge risk for investors and the government. Pieter Hasekamp, the central planning office CPB head, claims that cryptocurrencies will collapse and inevitable. He indicates that the Netherlands should ban cryptocurrencies immediately to […]

TL;DR Breakdown • The unregulated cryptocurrencies’ rise can become a problem for the market.• Paolo Savona joins other institutional leaders to call for more regulations for digital assets. The spread and rise of digital currencies without precise and clear regulation can cause concern. The head of the Italian regulator has also said that the whole […]

MILAN (Reuters) - The spread of cryptocurrencies without any clear regulation is a cause for concern and could damage the way the market...

Ever since the first cryptocurrency, Bitcoin, was invented, cases of money laundering have been on a high rise almost every year. Now, China and India are battling with money laundering cases that are a threat to their economy and the finance industry at large.

Strong retail interest in crypto has driven South African regulators to rethink how they classify cryptocurrencies.

Jack Dorsey, the co-founder, and CEO of Twitter is positive about Bitcoin in Nigeria in direct response to NFL star Russell Okung’s open letter.

South Africa’s Intergovernmental Fintech Working Group released a new position paper on crypto-assets. In it, they call for the regulation of the...

The series of measures comes after both parties reached an administrative agreement.

Indian crypto exchange WazirX is under investigation by the Enforcement Directorate for alleged illicit transactions involving cryptocurrencies.

India's Directorate of Enforcement (ED), a law enforcement agency responsible for fighting financial crime, has issued a show cause notice to WazirX.

The post Indian law enforcement agency alleges crypto exchange WazirX violated FEMA rules appeared first on The Block.

MUMBAI (Reuters) -India’s financial crime-fighting agency said on Friday that WazirX, one of the country's largest cryptocurrency exchanges and its directors, were under...