Monday, September 21, 2020
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Wyoming Bank Regulator Taps Chainalysis Training, Tools

Wyoming’s chief banking regulator has turned to Chainalysis for “beefing up” his division’s monitoring capabilities of illicit cryptocurrency activities.  Under a one-year deal disclosed to CryptoX Thursday, Chainalysis will train senior examiners on crypto tracing practices and grant two monitoring software licenses – plus investigatory support – to the Division of

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US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks

Per a July 22 announcement shared with Cryptox, the Office of the Comptroller of the Currency (OCC) is granting permission to federally chartered banks to custody cryptocurrency.The future of banking with crypto on boardThis issue has seen much skepticism, given that crypto wallets do not resemble the custody requirements of

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Canadian Regulator Accuses Coinsquare of Wash Trading

Canadian regulator Ontario Securities Commission (OSC) has accused embattled exchange Coinsquare of market manipulation and misleading clients about trading volumes.The OSC alleged Coinsquare, which has been accused of wash-trading and reports of a hack, had “engaged in conduct contrary to Ontario security laws.” The regulator also named founder Virgile Rostand,

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Texas Regulator Orders Mirror Bitcoin ‘Investor Club’ to Shut Down

The Texas State Securities Board (TSSB) on Wednesday ordered Mirror Trading International (MTI) to cease operations immediately, alleging the South African bitcoin and forex trading network is a multilevel marketing scam. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by

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Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization

The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar.Top US Banking Regulator Is Pro-CryptoBrian Brooks recently became the new acting

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New Head of US Regulator and Former Coinbase Lawyer Invites Banks and Crypto to Collaborate

[sociallocker id="55298"] In a June 4 announcement, the Office of the Comptroller of the Currency (OCC) is looking for banks and crypto firms to weigh in on how the two can interact. Crypto meets banksThe Advanced Notice of Proposed Rulemaking asks banks and industry leaders to respond to a number of

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Regulator and Industry Coordination Key to Swift Implementation

“Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies.

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