Prosecution Calls for Denial of SBF’s Plea for Temporary Release
The United States government sent a letter to Judge Lewis Kaplan on September 27 expressing its opposition to Sam Bankman-Fried’s (SBF) and his counsel’s request for temporary release from prison before his October 3 trial. In its filing, the government requested that Kaplan deny SBF’s September 25 request. The government stated that the defendant’s claim […]
Brazil Central Bank to Tighten Crypto Regulation Following Surge
The governor of Banco Central do Brasil, Brazil’s central bank, stated that the institution has observed a significant increase in crypto adoption in the country and will respond by tightening the regulation of digital assets. Roberto Campos Neto reported an increase in “cryptocurrency imports” by Brazilians in a lecture to the Finance and Taxation Commission […]
Tecpetrol Turns Gas Flares to Crypto Goldmine
Oil producer Tecpetrol has announced plans to mine cryptocurrency using associated gas from its oil fields close to Vaca Muerta. The launch of this program is anticipated for late October or early November. By converting associated gas into energy to power mining rigs, the business, a prominent player in the oil and gas industry in […]
NiceHash Becomes Latest Crypto Firm to Leave U.K.
In a message sent to subscribers, the cloud mining company NiceHash announced that it will stop offering its services in the United Kingdom. On October 10, 2023, the company announced that it would stop offering services to subscribers in the United Kingdom. After that date, people living in the U.K. won’t be able to establish […]
KeyRock Secures Swiss Regulatory Clearance
Belgian crypto market maker Keyrock has secured a key regulatory approval from the Swiss Financial Services Standards Association (VQF). The VQF is responsible for upholding anti-money laundering regulations in Switzerland. Keyrock has complied with all applicable local legislation in Switzerland. Keyrock has been permitted to operate in Switzerland as a financial intermediary and offer its […]