After the Directorate of Enforcement (ED) raided one of its directors and froze bank balances to the tune of Rs 64.67 crore, cryptocurrency exchange WazirX reiterated that the company's operations are being conducted as usual and crypto and rupee withdrawals are being processed normally.
A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies.
A US banking regulator is urging banks dealing with cryptocurrency companies that they need to make sure customers know which of their funds will be insured by the government in case of collapse, and which have no safety net.