Analysis
Banking
America’s oldest bank partners with Chainalysis to track crypto transactions
BNY Mellon, America's oldest bank, has partnered with Chainalysis to integrate the latter's compliance software suite to allow it to monitor and analyze crypto products.
Regulation
EU securities regulator recommends ban on proof-of-work crypto
Erik Thedéen, the vice chair of the European Securities and Markets Authority, said bitcoin mining poses a risk to meeting climate change goals.
Adoption
El Salvador’s tourism sector is booming after bitcoin adoption
The country is seeing a 30% uptick in tourism since it officially adopted bitcoin as legal tender.
Crime
UK police recover $5.4 million lost in crypto scam
The U.K.'s Greater Manchester Police has recovered and returned $5.4 million so far from a crypto scam that totaled more than $20 million.
Legal
Crypto wallet tells court it will ‘be there to serve’ when the Canadian dollar ‘becomes worthless’
Crypto wallet provider Nunchuk tweeted that it had been ordered to release information and freeze assets but cannot comply with the court order as it is unable to do so "by design."
Adoption
South Korea’s Kookmin Bank to launch crypto investment fund
South Korea's largest bank is looking to offer retail investors access to exchange-traded investment funds, or ETFs, aimed at cryptocurrencies.
Regulation
Biden gearing up to issue executive order on crypto regulation
The executive order is reportedly aimed at directing state agencies to formulate a government-wide strategy to regulate crypto assets and examine financial stability issues that may arise from digital assets.
Exchanges
Bit2Me becomes Spain’s first crypto exchange
Bit2Me announced February 18 that the Spanish central bank has approved its application to operate as a crypto exchange in the country.
NFTs
Europe’s largest asset manager Amundi to invest in NFTs
France's Amundi believes NFTs have some merits as an investable asset and is considering giving its clients ways to tap into the market.
Adoption
Fans can now use Ethereum to tip creators on Twitter
Fans can now use two of the most popular cryptocurrencies, Bitcoin and Ethereum, to support their favorite creators via tips.
Adoption
Singapore’s Bybit offers record $150M sponsorship to Red Bull’s Formula 1 team
The $150 million three-year deal is the largest crypto related-sponsorship for traditional sports in the world so far.
Regulation
Canada expands AML rules to include crypto amid ‘Freedom Convoy’ protests
The Canadian government has invoked the Emergencies Act to expands its anti-money laundering and terrorist financing rules to cover cryptocurrencies and crowdfuding as a counter measure against the "Freedom Convoy" protests.