The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new fines onto Mashinsky, who previously pleaded guilty to accusations he […]
Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for scammers. The measure, included in the Liberal government’s Spring Economic Update released Tuesday, would eliminate crypto ATMs nationwide. Officials described the machines as a “primary […]
British Columbia said it plans to permanently ban new cryptocurrency mining operations connecting to its electricity grid, citing the need to protect power supplies for industries that drive jobs and public revenue. The move from the government of Canada’s third-most populous province is part of a broader legislative and regulatory overhaul unveiled Monday that also […]
BlackRock’s (BLK) bitcoin BTC$111,296.88 exchange-traded product (ETP) started trading on the London Stock Exchange on Monday, the asset manager’s first such product in the U.K., after the Financial Conduct Authority (FCA) lifted its ban on certain bitcoin-based ETPs. The iShares Bitcoin ETP, trading on the London Stock Exchange under the ticker IB1T, allows retail investors […]