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The SEC has issued $2.4B in crypto-related penalties since 2013

The Securities and Exchange Commission (SEC) has issued a total of approximately $2.35 billion in penalties against participants in the digital asset marketplace since 2013 according to a Jan 19 report by Cornerstone Research.The report, SEC Cryptocurrency Enforcement: 2021 Update, found that the SEC brought a total of 97 enforcement

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University accepts Bitcoin donations to fund crypto-related activities

Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university announced that it is welcoming digital currency donations in Bitcoin (BTC) and Ether (ETH).TCF chief financial officer David Fuhriman said one percent of the total

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Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals – Finance Bitcoin News

The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As

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Bank of Russia Rejects Provision of Crypto-Related Financial Services – Finance Bitcoin News

Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial Services for Crypto Assets The Central Bank of Russia

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Connecticut jury finds crypto-related products are not securities

A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. GAW Miners investor Stuart Fraser was cleared of liability in a fraudulent operation co-opted by ZenMiner LLC on Nov. 1. "It's the first case that we know of where

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Customers Bank Veers Into Crypto With Transfer Token, $1.5B in Crypto-Related Deposits

Pennsylvania-based Customers Bank has started onboarding its first cryptocurrency businesses, offering those firms use of a digital asset payments platform plus the bank’s own internal digital fiat token.As such, Customers Bank will compete with Silvergate in California, Signature in New York and only a handful of others openly offering crypto

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Russia’s Constitutional Court Expects to Face Crypto-Related Cases – Regulation Bitcoin News

The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional Court of Russia to Defend

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Brazil aims to tighten penalties for crypto-related financial crimes

Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto.Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies like Bitcoin (BTC), according to an official

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Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils – Bitcoin News

Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the top three as well. ESET:

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