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Regulation
Coinsquare Exchange Execs to Resign Over Wash Trading Scandal
In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades.

ERX Gets License to Launch Exchange in Thailand
Thailand’s securities watchdog has granted a digital assets exchange license to Elevated Returns’ ERX trading platform.

Russia to Treat Crypto as a Taxable Property
Russia changed its draft bill regulating crypto and digital assets. You won’t go to jail for facilitating crypto deals in the country – at least, not just yet.

Singapore May Extend Crypto Regulation to Include Overseas Activities
Under the central bank's proposals, Singapore regulation would end up covering the overseas activities of locally based crypto companies.

CoolBitX and Elliptic Team Up to Offer Crypto Firms Compliance Tools
Elliptic and CoolBitX will provide a package of their respective solutions to crypto firms such as exchanges needing to stay in compliance with regulators.

Crypto Exchange Group Eyes 'Bulletin Board' System for FATF Compliance: Coinbase Exec
Top cryptocurrency exchanges including Coinbase will release a white paper detailing a way to comply with the Financial Action Task Force's "Travel Rule."

UK Government Moving to Restrict Cryptocurrency Promotions
Under the U.K. government's proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products.

Canada Crypto Exchange Coinsquare Accused of Wash Trading by Watchdog
The Ontario Securities Commission alleges Coinsquare manipulated markets with fake trading volumes between 2018 and 2019.

BlockFi Hires Former Deutsche Bank, Barclays Alum as General Counsel
The crypto lending platform has hired banking veteran Jonathan Mayers as general counsel in a bid to stay ahead of the regulatory curve.

In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin
Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies.
