38 / 82 Relevant items tagged with #Policy

Posts

SEC Chair Gary Gensler: 'Far Too Many Frauds and Bankruptcies'

[Dec 22, 2023 7:30 AM] Earlier this month, I had the opportunity to speak with U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, recognized by CoinDesk as one of the most influential figures in the crypto industry over the past year, about how he views…

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

[Dec 22, 2023 5:35 AM] The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF.

Coinbase Approved as Virtual Asset Services Provider in France

[Dec 21, 2023 11:37 AM] The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.

Stablecoin Issuer Circle Conditionally Registered for Digital Asset Services in France

[Dec 21, 2023 9:31 AM] France has been encouraging crypto companies to set up shop within its borders and take advantage of the clearer industry regulation than in the U.S.

Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto

[Dec 21, 2023 8:51 AM] Prometheum Inc., with the latest regulatory notch on its belt, is about to finally test whether a viable crypto platform can operate entirely within U.S. Securities and Exchange Commission (SEC) regulations.

Court Freezes $1 Billion of Assets of Three Arrows Capital Founders

[Dec 21, 2023 3:52 AM] The worldwide order by a British Virgin Islands court applies to founders Su Zhu, Kyle Davies and Davies' wife, Kelly Chen.

Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code

[Dec 21, 2023 12:24 AM] Russia's digital ruble has been integrated into the nation's tax code after its President Vladimir Putin signed the move into law.

Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process

[Dec 20, 2023 11:50 AM] Bankman-Fried's defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.

UK to Cooperate With Crypto Industry on Legislation for Digital Securities

[Dec 20, 2023 11:21 AM] The government said its plans for a digital securities sandbox (DSS) were largely welcomed by respondents.

South Korea's Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report

[Dec 20, 2023 9:36 AM] The two aim to strengthen cooperation on crypto regulations before South Korea's new crypto laws go into effect next year.

China Vows to Clarify Web3, NFT Development Path

[Dec 20, 2023 5:44 AM] Moving forward, China's Web 3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.

Global Securities Regulator IOSCO Issues DeFi Policy Recommendations

[Dec 20, 2023 4:16 AM] Organizing as DAOs doesn't mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.

42 Different Countries Discussed or Passed Crypto Regulations, Legislation in 2023: PwC

[Dec 19, 2023 11:21 AM] More than 40 countries have taken aim at advancing crypto-focused regulations and legislation this year, signaling wider cryptocurrency adoption globally may be underway. That’s according to a new report from professional services firm…

UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers

[Dec 19, 2023 10:48 AM] Finance Minister Jeremy Hunt said U.K., and London in particular, has become "the global crypto hub."

HashKey Capital Singapore Secures Capital Markets Services License From MAS

[Dec 19, 2023 8:59 AM] The firm follows crypto exchange DigiFT, which received a CMS license last month.

Do Kwon Successfully Appeals Extradition Decision by Montenegro Court

[Dec 19, 2023 6:04 AM] A previous decision that legal requirements for extradition had been met was rejected by the country's Appeals Court.

Elizabeth Warren Pushes Back at Blockchain Lobbying Efforts

[Dec 19, 2023 4:29 AM] In a letter to the Blockchain Association, the U.S. senator accuses the group of undermining Congress.

Indonesia Vice Presidential Candidate Promises to Create 'Crypto Experts' as Election Looms

[Dec 19, 2023 4:18 AM] Indonesia's dynamic crypto market is a focus for politicians looking to use it to fuel the country's economic growth.

DCG Can't Sell or Reduce Ownership of Genesis Until Bankruptcy Proceedings Close, Judge Rules

[Dec 19, 2023 4:17 AM] Genesis requested a New York bankruptcy court to bar ownership changes to secure tax benefits on around $700 million worth of operating losses.

UK Publishes Regulations for a Digital Securities Sandbox

[Dec 18, 2023 11:51 AM] The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.

Revolut to Suspend UK Crypto Services, Citing FCA's New Ad Rules

[Dec 18, 2023 10:22 AM] Many crypto firms have had to withdraw their services to adjust to the FCA's promotions rules, which came into effect in October.

Fairshake Super PAC Raises $78M to Support Crypto Candidates in 2024 U.S. Election

[Dec 18, 2023 7:44 AM] The group has support from Andreessen Horowitz (a16z), Ark, Circle, Ripple, Coinbase and more.

Belgium to Push European Blockchain Network During EU Council Presidency, Digital Minister Says

[Dec 18, 2023 5:51 AM] EU-wide blockchain services could support the bloc’s pursuit of digital sovereignty, Mathieu Michel tells CoinDesk.

Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report

[Dec 15, 2023 10:50 AM] The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.

U.S. SEC Denies Coinbase's Push for Crypto Regulations as 'Unwarranted'

[Dec 15, 2023 9:12 AM] U.S. crypto exchange Coinbase's petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.

Bank of Korea Governor Sees CBDC Introduction as Case for 'Urgency:' Report

[Dec 15, 2023 8:47 AM] Stablecoins' widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.

Lawmaker Calls for the UK Government to Do More for Blockchain

[Dec 15, 2023 2:00 AM] Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence.

Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy, SFM Plunges 42%

[Dec 15, 2023 1:43 AM] The firm's executives were arrested last month on multiple charges.

Financial Regulators Reiterate Call for Legislation to Address Crypto Risks

[Dec 14, 2023 4:19 PM] Congress needs to pass laws addressing stablecoins and non-securities spot markets, the Financial Stability Oversight Council said in its latest annual report.

Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.

[Dec 14, 2023 10:20 AM] The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.