crypto bill

German Regulator Seizes 13 Crypto ATMS

German regulator BaFin seized 13 crypto ATMs in a raid that spanned a total of 35 locations. The regulator requires crypto ATMS operators to have the appropriate licensing in the country. Germany’s financial regulator BaFin seized 13 crypto ATMs in a raid according to a statement by the regulator on…

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Democrat leaders back positive crypto reform in 2024, but community remains divided

Last night, Aug. 14, at a Crypto4Harris event, Senate Majority Leader Chuck Schumer and other prominent Democrats expressed strong support for crypto, underscoring the importance of regulatory clarity and bipartisan collaboration to shape the industry’s future. Schumer emphasized that Congress has a responsibility to enact common-sense and sound regulations for…

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Coinbase Concerned About “Ongoing Regulation By Enforcement” in Australia

Coinbase’s Asia-Pacific Managing Director said the exchange is concerned about “ongoing regulation through enforcement” ahead of expected draft legislation for the sector. Australia’s Treasury is planning to introduce a draft legislation for the crypto sector by the end of 2024. Nasdaq-listed cryptocurrency exchange Coinbase (COIN) is concerned about “ongoing regulation…

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