# NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency

# NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency

” NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency “ The New York Department of Financial Services, or NYDFS, has released guidelines on how licensed crypto firms should handle customer assets should they face “insolvency or similar proceeding”. In a Jan. 23 announcement, NYDFS superintendent Adrienne Harris…

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# Europol reports .5M in crypto seized in enforcement action against Bitzlato

# Europol reports $19.5M in crypto seized in enforcement action against Bitzlato

” Europol reports $19.5M in crypto seized in enforcement action against Bitzlato “ The European Union Agency for Law Enforcement Cooperation, or Europol, has reported authorities took control of crypto wallets containing more than $19 million in cryptocurrency as part of enforcement actions against crypto firm Bitzlato. In a Jan. 23 announcement, Europol reported that…

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# South Africa adds new cryptocurrency standards to advertising code

# South Africa adds new cryptocurrency standards to advertising code

” South Africa adds new cryptocurrency standards to advertising code “ South Africa’s Advertising Regulatory Board (ARB) has included a new clause for the cryptocurrency industry aimed at protecting consumers from unethical advertising. Companies and individuals in South Africa must abide by certain advertising standards pertaining to the provision of cryptocurrency products and services in a…

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