December Regulator Roundup

130+ updates from the world of cryptocurrency as one momentus year closes and 2020 opens

Copper Team
Copper Team

South Africa moves on first regulations, Libra fails, Ethereum forks, French ICO gets backed, Bitcoin ransomers hit governments and much, much more.

Jump to Global

Jump to Europe

Jump to Americas

Jump to Middle East & North Africa

Jump to South Asia

Jump to East Asia & the Pacific

Jump to Caribbean

Jump to Africa

Global

70 crypto hedge funds for family offices, pension funds shut as Bitcoin volatility bites. More →

Ethereum Istanbul hard fork goes live. More →

Bitcoin in space! Full node aboard International Space Station. More →

Dev flags MakerDAO loophole which could be used to steal $300m ETH. More →

Ryuk Bitcoin ransomware that hit hospitals, oil rigs has defunct decryption data tool. More →

$1.6bn in Bitcoin bought in 2017 has not been moved or spent. More →

Ethereum Foundation made $100m selling 70,000 ETH at all time high, Buterin claims. More →

Basel Committee on Banking Supervision calls for ‘conservative, prudent’ regulations on cryptoassets and stablecoins. More →

Maze Bitcoin ransomware gangs publicly shaming companies who do not pay. More →

Hackers steal $480,000 in NULS cryptocurrency. More →

OTC crypto trading spreads tightened 90% in 2019, data shows. More →

18 central banks have Central Bank Digital Currency in active development – report. More →

Europe

EU

Ex-IMF and new European Central Bank head Christine Lagarde says Europe needs to ‘get ahead of the curve’ on stablecoins. More →

ECB builds proof of concept for anonymous transactions using Central Bank Digital Currency. More →

Denmark

Nordea Bank wins court case banning staff from buying cryptocurrencies. More →

France

Autorité des Marchés Financiers regulator grants first ICO approval. More →

Germany

Japanese giant SBI invests in Boerse Stuttgart’s digital asset exchange, expanding in Asia and Europe. More →

Greece

‘Mastermind’ of $4bn Bitcoin scam ring to be extradited to France. More →

Top court suspends extradition as arrested man claims he was fall guy. More →

Malta

Binance reportedly invests ‘tens of millions’ in crypto derivatives startup FTX. More →

Binance opens up crypto buys direct with Visa cards. More →

Netherlands

New bill would add maximum six-year jail sentence to cryptocurrency fraud cases. More →

ING Bank working on digital asset custody technology, insiders reveal. More →

Russia

Infamous darknet drug market Hydra seeks $146m ICO to expand. More →

Sweden

Riksbank asks Accenture to handle Central Bank Digital Currency project. More →

Switzerland

No need for Central Bank Digital Currency, federal government report says. More →

Libra devs release second roadmap for 2020 including full nodes. More →

Libra lacks concrete plan for 2020 launch, board member says. More →

Libra stablecoin ‘has failed’ in current form, Swiss president Ueli Maurer says. More →

UK

SEC asks High Court to obtain Telegram’s ex-CIO investment documents. More →

Bitcoin ransomware hacker ordered to pay £270k or face 2 years in prison. More →

High Court asked to depose Telegram ex-CIO over 1.7bn ICO. More →

Crypto payments firm that raised $2m shuts citing EU KYC rules for 5AMLD. More →

Simplecoin and Chopcoin sites shut down citing EU KYC requirements for 5AMLD. More →

Coinfloor exchange delists ETH and BCH to focus solely on Bitcoin. More →

Cryptomining botnet MyKingz hits 50,000 IPs and growing. More →

Blockchain.com’s exchange adds GBP support with Faster Payment Scheme. More →

Accountancy giant EY claims its Ethereum tool cuts transaction costs by 90%. More →

Alleged Bitcoin hacker extradited to face justice in US. More →

Americas

Argentina

Bitcoin ransomware locks up 10 years’ worth of government data. More →

Brazil

Police bust Bitcoin investing scam that cost 5,000 victims $359m. More →

Ripple targets Brazil bank partnerships in 2020 for blockchain remittance. More →

Canada

Bankrupted QuadrigaCX investors seek to exhume CEO’s body. More →

Brothers arrested for Twitter Bitcoin scam that stole $140,000. More →

Paraguay

AML bosses audit crypto sector to prepare for FATF-style regulations. More →

United States

Coinbase reportedly holds $7bn in BTC in cold wallet. More →

Vitalik stands by Ethereum dev Virgil Griffith arrested for ‘advising North Korea’ on cryptocurrency, sanctions. More →

Supporters of arrested Ethereum dev claim sanctions not discussed in North Korea event. More →

Georgia Governor appoints Bakkt CEO Kelly Loeffler to US Senate. More →

Loeffler will step down as Bakkt CEO to take up Georgia Senate role. More →

Largest data centre in US hit by Sodinokibi Bitcoin ransomware. More →

IRS release new Schedule 1 tax form for cryptocurrency. More →

FBI warn of imposter scams with fines ‘payable through Bitcoin ATMs’. More →

Nvidia urges court to dismiss investor claim over failed cryptocurrency mining chips. More →

Bakkt launches Bitcoin monthly options and cash-settled Bitcoin futures. More →

Nike wins patent for CryptoKicks blockchain ownership-verified shoes. More →

Kraken researchers find hackable flaw in Shapeshift KeepKey wallets. More →

$722m Bitcoin mining scammers said investors were ‘dumb sheep’. More →

Crypto SIM-swap thief spent on Lambos and bling. More →

NYDFS BitLicense update will make it easier to list new crypto tokens. More →

SEC charge Shopin token owner for $42m ICO, claim he spent client funds on dating apps. More →

NYAG continues case against BitFinex, calls arguments ‘meritless’. More →

Ryuk Bitcoin ransomware attack forces New Orleans state of emergency. More →

Wall Street-backed exchange ErisX opens digital currency futures trading. More →

Fidelity Digital Assets creating new entity for European institutional investors. More →

Blockchain tool dev Alchemy wins $15m Series A funding. More →

Kraken exchange acquires Circle’s OTC trading desk. More →

Craig ‘Faketoshi’ Wright throws insult at ‘silly judge’ in $10bn Kleiman case. More →

Whistleblower claims Kraken exchange violated international sanctions. More →

Bitcoin ‘best investment of decade’ turning $1 to $90,000, says CNN. More →

Dark web fentanyl dealer arrested with $1.1m BTC. More →

SEC propose to extend ‘accredited investor’ definition to open market access. More →

Bitwise continues pursuit of first Bitcoin ETF despite 112-page SEC disapproval. More →

Libra stablecoin poses risk to consumers, US Fed governor says. More →

SEC settles $13m Blockchain of Things ICO with $250k fine. More →

Maker Foundation sells 5.5% stake to VC firms for $27.5m. More →

FINRA fines Robinhood $1.25m for best execution failures. More →

US gov’t is using CoinMarketCap to value seized cryptocurrencies. More →

Poloniex exchange opens ‘Level 1’ KYC-free accounts for trades under $10,000 a day. More →

US Congressman Paul Gosar introduces ‘Crypto-Currency Act of 2020’ Bill to clarify which federal agencies should regulate crypto. More →

Senators push IRS for crypto tax clarity in new letter. More →

Fortress Investment Group offers Mt Gox creditors 70% of stolen $480m. More →

Public securities don’t need to be tokenised, argues Fidelity Digital Assets boss. More →

Ripple raises $200m Series C to boost XRP adoption. More →

Disney uses 1982 movie to successfully block TRON from US name trademark. More →

Head of private equity firm allegedly lied to FBI over OneCoin Ponzi scam. More →

Bakkt promotes Mike Blandina to CEO as Loeffler leaves for Senate. More →

Cryptoasset derivatives firm BitOoda closes $7m funding round. More →

Google Play Store suspends Ethereum app browser MetaMask. More →

Missouri securities regulator issues cease and desist against MavixBTC. More →

Corporate fraud researchers COSO to issue blockchain guidance. More →

Ethereum researcher Virgil Griffith denied bail over North Korea sanctions case. More →

NYDFS seeks new Director for RegTech buildout into blockchain oversight. More →

Youtube admits deleting cryptocurrency videos ‘in error’. More →

Square’s Cash App seeks to expand into P2P Bitcoin gifts. More →

Poloniex exchange emails users urging password change after account leak. More →

Algo traders CoinRoutes report $1bn in order flows in 2019. More →

Ethereum researcher Virgil Griffith granted $1m bail over North Korea sanctions case. More →

Middle East & North Africa

Iran

President Rouhani calls for creation of Muslim cryptocurrency to fight US hegemony. More →

South Asia

India

Fugitive guru plans island nation run on cryptocurrency. More →

East Asia & Pacific

Australia

Drug bust leads to Australia’s largest ever individual criminal crypto seizure. More →

China

Huobi joins state-backed China Blockchain Alliance. More →

People’s Bank of China to test central bank digital currency in Shenzen and Shenzou. More →

Single Chinese province controls 54% of Bitcoin hash rate. More →

Weibo blocks more crypto accounts with TRON’s Justin Sun and Binance co-founder Yi Ye. More →

TikTok owner forms joint venture for blockchain with state media company. More →

Man who developed Bitmain Antminer S7 and S9 imprisoned for embezzlement. More →

Court freezes Bitmain miner’s $500k stake in subsidiary for three years. More →

$32trn AUM giant State Street create digital asset pilot with Gemini exchange. More →

Crypto companies reportedly questioned in Shenzen finance regulator meetings. More →

Blade derivatives exchange goes zero-fee to compete with BitMEX. More →

Authorities probe Qubu blockchain fitness app for alleged fraud. More →

Tencent to set up digital currency research unit. More →

Beijing securities authorities order firms not to engage in cryptocurrency business. More →

China Securities Regulation Commission reviewing country’s first blockchain ETF. More →

Hong Kong

Market maker GSR launches derivatives as hedge for Bitcoin miners. More →

OKEx exchange opens Bitcoin options trading. More →

Bitfinex exchange tightens KYC process, asks users for more ID. More →

Indonesia

Huobi exchange launches fiat to crypto gateway between Indonesian Rupiah and Tether. More →

Japan

Tokai Tokyo plans $4.6m investment in Huobi Japan exchange. More →

‘Japan’s Amazon’ Rakuten allows loyalty points-to-Bitcoin conversion. More →

New Zealand

ASB Bank invests $2.6m in seed funding for blockchain trade finance platform TradeWindow. More →

North Korea

North Korean hackers suspected of MacOS malware disguised as cryptocurrency arbitrage software. More →

South Korea

Ministry of Economy and Finance mulls new bill to tax cryptocurrency capital gains. More →

Bank of Korea sets up task force to investigate CBDC. More →

Bithumb exchange hit with $69.3m tax bill. More →

Thailand

24 Chinese nationals arrested for Bitcoin call centre scam. More →

Caribbean

Bahamas

Central bank to pilot ‘Sand Dollar’ Central Bank Digital Currency linked to Bahamaian dollar. More →

Africa

Nigeria

Telecoms regulator invests $2m in blockchain startup WiCrypt. More →

South Africa

South Africa Reserve Bank plans to debut cryptocurrency law in Q1 2020. More →

Uganda

Dozens fleeced in cryptocurrency cash deposits scam. More →

Head of $2.7m cryptocurrency scam arrested as victims number 10,000. More →

Independent custody
connected to multiple exchanges
Our settlements and clearing service is backed by our award winning custody technology