UN commission serves new warning against BTC adoption in El Salvador

ECLAC executive secretary stressed that there is no study yet that would have investigated potential risks or benefits of El Salvador accepting BTC as legal tender. The Economic Commission for Latin America and the Caribbean, or ECLAC, a United Nations’ regional commission to encourage economic cooperation, is the latest regulator to raise concerns about El […]

UK watchdog shifts Bitcoin ads regulation to ‘red alert’ priority

Britain’s marketing regulator Advertising Standards Authority (ASA) has announced that it plans to increase its efforts in curbing irresponsible or misleading cryptocurrency ads, Financial Times reported today. “We see this as an absolutely crucial and priority area for us. Where we do find problems we will crack down hard and fast,” Miles Lockwood, director of […]

Ethereum Last Week: Overtaking BTC, ETH 2.0, EIP-1559, And More

With the upcoming Ethereum 2.0 attracting institutional support across the industry, the general consensus is that Ethereum might become the next Bitcoin. Let’s take a quick look at everything that happened this week with the crypto.  Release Date Set For London Hard Fork  The long-awaited London upgrade code was deployed to the final Rinkeby testnet […]

DoJ’s crypto czar joins FinCEN in brand-new role: Why it matters

Michele Korver’s appointment to the U.S. Financial Crimes Enforcement Network promises to reduce illicit financial practices within the crypto space. In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting […]