Regulation
FCA express concerns about Binance new partnership in the UK
The financial watchdog further added that it had the power to cancel or suspend any crypto-asset registration if it considered it too risky.
Oluwapelumi Adejumo 2 min read
Europe News
MiCA rules, cross-border policy, stablecoins, and how EU regulation steers the regional crypto market.
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Regulation
Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports
A group of senators is introducing a bipartisan bill to prevent Russia from selling its gold reserves. Meanwhile, the U.S. may ban Russian oil imports, without participation of its European allies.
Legal
Coinbase clarifies they were already participating in Russian sanctions
Coinbase reveals that they have been blocking sanctioned individuals and entities since their inception.
Latest Europe Crypto News & Analysis
Exchanges
FTX expands its global reach, launches European operations
Following regulatory approval, the crypto exchange establishes its presence on the Old Continent.
Banking
Centralised finance cripples Russia as Visa and Mastercard withdraw from country
Have SWIFT, PayPal, Mastercard and Visa finally exposed the vulnerabilities of centralised finance? Crypto may soon be the only transaction method left in Russia.
Legal
Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in sanctions
Switzerland and Singapore join in the crypto sanctions against Russia as a result of Ukraine invasion, further isolating Russia from the crypto market. Meanwhile, Japan also announces that they are considering crypto sanctions.
Mining
Will sanctions force Russia into mining?
Director of Policy and Regulatory Affairs at Elliptic argues that Russia may as well do their own mining to get their hands on some Bitcoin which would help them against the sanctions. Some think so, while others disagree.
Trading
New data is showing Russian crypto transaction volume is down dramatically
Crypto transaction volume on Russian exchanges have plunged by 50%. While some crypto analysts believe that Russia could evade the economic sanctions imposed on it through the use of crypto, new data from Chainalysis suggests otherwise.
Scams
UK’s FCA investigated 300 crypto firms in 2021
United Kingdom’s FCA received over 16,000 inquiries about possible scams between April to September last year. The watchdog received more than 16,400 inquiries about possible scams between April to September last year. Crypto scams were the majority of these. This led it to investigate potential crypto scam businesses, opening 300 cases.
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Exchanges
Reactions against Russia continue: largest South Korean exchanges block Russian IP’s
Exchanges
Coinbase says it will ban Russian users from its platform only if required by law
Regulation
Ethereum blasted as “trojan horse for tyranny” following MetaMask scandal
Analysis
