The UK’s Financial Conduct Authority has issued a statement on Monday about Bifinity’s $36 million convertible loan advance to EQONEX.

The UK's top financial watchdog says it opened 300 probes into unauthorized crypto operators between April and September last year.

The post UK financial watchdog probes 300 crypto startups in 6 months appeared first on Protos.

Russia’s state communications watchdog has ordered to completely block access to Facebook in Russia amid the tensions over the war in Ukraine.

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The SEC wants to stop NFT projects mimicking the initial coin offering boom of 2018, which saw countless illegal securities sales.

The post Are NFTs just ICOs in disguise? SEC finally subpoenas to find out appeared first on Protos.

As the ongoing Russia-Ukraine conflict continues to escalate, the Russian government on Thursday released a massive list containing 17,576 IP addresses and 166 domains that it said are behind a series of distributed denial-of-service (DDoS) attacks aimed at its domestic infrastructure. Some of the noticeable domains in the listing released by Russia's National Coordination Center for Computer

The US Securities and Exchange Commission (SEC) is investigating NFT marketplaces and creators for possible breaches of its securities rules.  According to Bloomberg, this investigation would mark the first regulatory scrutiny of NFTs since the sector’s explosive growth started.

The post SEC to look at possible securities violations in NFT market appeared first on CryptoSlate.

The UK’s advertising watchdog has cracked down on an ad promoting the memecoin Floki Inu after calls for a ban back in November. 

The CME Group will launch micro-sized BTC, ETH options later this month and we are learning more about them in today’s latest altcoin news. In a recent announcement, the CME Group revealed plans to launch options on Micro BTC and Micro Ether futures with the new products offering a tenth of the exposure to the […]

The European Parliament has delayed a vote on the Markets in Crypto Assets Directive (MiCA) over energy concerns. EU Delays Vote on Crypto Regulations MiCA, a much-anticipated market regulatory act, aimed at regulating cryptocurrencies was initially slated for a vote on February 28, 2022. However, the chairman of the Economics Committee, Stefan Berger recently announced its cancellation on Twitter and has asked for more time to clarify the provisions. Die Abstimmung des EU-Parlaments zu #MiCA wird auf meine Forderung hin abgesetzt und nicht am 28. Februar stattfinden. Als Berichterstatter ist es für mich zentral, dass der MiCA-Bericht nicht als de-facto #Bitcoin-Verbot missinterpretiert wird @btcecho 1/4 — Stefan Berger (@DrStefanBerger) February 25, 2022 The move comes after a draft of the framework began circulating earlier this week which included a provision that implied lawmakers were planning to restrict the use of cryptocurrencies that rely on an energy-intensive proof-of-work. According to the provisions, crypto firms will no longer be able to provide services that require the use of proof-of-work-based cryptocurrencies starting in January 2025. “The current discussion about MiCA indicates that individual passages of the draft report can be misinterpreted and seen as a ban on proof-of-work. It would be fatal if the European Parliament were to send the wrong signal by voting under these circumstances,” Berger stated in his tweet. Concerns Over Proof-of-Work Mining Various lawmakers and regulators in the EU have been calling for a ban on proof-of-work mining as concerns over its intensive energy consumption become more visible. In November 2021, a Swedish financial watchdog and the Swedish Environmental Protection Agency called for a ban on proof-of-work mining. Similarly, the European Securities and Markets Authority also called for a ban on proof-of-work mining in January 2022.

The post European Parliament Postpones Vote on Crypto Assets Bill appeared first on Cryptoknowmics-Crypto News and Media Platform.

South Korea’s Ministry of ICT, Science, and Future Planning announced a 223.7 billion KRW ($186.7 million) investment to create a broad Metaverse ecosystem to support the growth of digital content within the country. The Ministry wrote in an official statement on Feb. 27 that funds will be spent on completing four main objectives in creating what appears […]

The European Union Data Protection Supervisor (EDPS) on Tuesday called for a ban on the use and development of Pegasus-like commercial spyware in the region. The data protection authority called out the technology’s “unprecedented level of intrusiveness” that could endanger users’ right to privacy. “Pegasus constitutes a paradigm shift in terms of access to private communications […]