73 / 82 Relevant items tagged with #Policy

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EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows

[May 12, 2023 6:32 AM] Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.

Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case

[May 12, 2023 6:14 AM] Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.

McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?

[May 11, 2023 2:00 PM] The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of…

IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly

[May 11, 2023 11:20 AM] The U.S. Internal Revenue Service and crypto investigations company Chainalysis are working with Ukraine to target Russian oligarchs using crypto to evade sanctions.

Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully

[May 11, 2023 11:20 AM] Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector.

BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says

[May 11, 2023 9:04 AM] BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender.

Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro

[May 11, 2023 7:35 AM] Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents.

EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals

[May 11, 2023 4:40 AM] The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges

Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says

[May 10, 2023 9:54 AM] Bittrex filed for bankruptcy protection, but says no customer funds were re-used and that liabilities meet assets

Joint U.S. House Hearing on Crypto’s Future Opens With Discord

[May 10, 2023 8:45 AM] Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.

New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members

[May 10, 2023 7:04 AM] Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.

Hungarian Central Bank Sees No Imminent Need for e-Forint

[May 10, 2023 5:30 AM] The EU member is still trying out options for a central bank digital currency that could help the unbanked.

Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'

[May 10, 2023 4:22 AM]

Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules

[May 10, 2023 2:00 AM] The U.K. opened its plans for regulating the crypto sector for public comment back in February.

Previewing Congress's Joint Crypto Regulation Hearing

[May 9, 2023 4:33 PM] Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange…

SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency

[May 9, 2023 3:34 PM] The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often…

Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg

[May 9, 2023 3:21 PM] The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.

Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading

[May 9, 2023 10:06 AM] A former Coinbase employee was sentenced to two years in prison on Tuesday weeks after pleading guilty to insider trading charges, according to a report from Reuters.

DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital

[May 9, 2023 7:18 AM] The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments.

Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some Users, EY Says

[May 9, 2023 7:17 AM] EY will make the procedure to file the claims public in the coming weeks,

FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him

[May 8, 2023 9:12 PM] FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware

[May 8, 2023 3:38 PM] Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission.

Bit4You’s Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says

[May 8, 2023 1:00 PM] FSMA’s concerns meant the exchange could have lost its license or even faced prosecution, even before the Estonian platform which held its funds filed for insolvency

Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior

[May 8, 2023 7:30 AM] Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line.

Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report

[May 8, 2023 6:08 AM] The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit.

Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report

[May 8, 2023 5:00 AM] Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt.

South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report

[May 8, 2023 3:15 AM] Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits.

U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg

[May 5, 2023 8:40 PM] The United States Justice Department's national security division is conducting an inquiry into whether Binance allowed the violation of U.S. sanctions related to Russia's invasion of Ukraine on its platform, according to a Bloomberg report.

Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

[May 5, 2023 3:36 PM] Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.

The Need for Clarity in Washington – Not Just on Crypto

[May 5, 2023 10:31 AM] The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in…