80 / 82 Relevant items tagged with #Policy

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Former CFTC Chairman: Regulator's Lawsuit Against Binance 'Is a Big Deal'

[Mar 28, 2023 12:47 PM] “This is a big deal,” Timothy Massad told CoinDesk TV’s “First Mover” regarding the agency’s action against the largest crypto exchange in the world.

UK Crypto Promotions Laws Hoped to Be in Place by Late 2023

[Mar 28, 2023 11:01 AM] The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.

Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says

[Mar 28, 2023 8:57 AM] Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky

Binance Case Is Clear Evasion of Law, Says CFTC Chair Behnam

[Mar 28, 2023 8:46 AM] The CFTC on Monday filed suit against the crypto exchange and its CEO Changpeng Zhao.

Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery Charge

[Mar 28, 2023 7:36 AM] A superseeding indictment was unveiled on Wednesday.

EU Lawmakers Vote in Favor of Payment Limits on Anonymous Crypto Wallets

[Mar 28, 2023 5:58 AM] Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees

EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says

[Mar 28, 2023 2:53 AM] The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets.

Sam Bankman-Fried's Lawyers, Prosecutors Agree on Proposed Bail Conditions

[Mar 28, 2023 2:31 AM] The FTX founder will be given a new phone without internet access and a laptop with limited functionality.

CFTC Could Force Binance to Cease U.S. Operations as Part of Settlement: Bernstein

[Mar 28, 2023 1:43 AM] The crypto exchange will look to safeguard its dominant international business, which is its cash cow, the report said.

Binance CEO Zhao Calls CFTC Suit an ‘Incomplete Recitation of Facts’

[Mar 27, 2023 6:06 PM] In a blog post, Changpeng Zhao wrote that the company did not agree with “the characterization of many of the issues, and touted the exchange’s compliance technology. He also wrote that he had only two Binance accounts.

Judge Puts Voyager Sale to Binance.US on Hold Pending Government Appeal

[Mar 27, 2023 5:51 PM] A federal judge paused Voyager's efforts to sell its assets to Binance.US in response to the U.S. government's filing for an emergency stay.

Bankrupt Crypto Lender BlockFi to Refund More Than $100K to California Clients

[Mar 27, 2023 2:40 PM] The company will distribute more than $100,000 in loan repayment refunds through its servicer to former clients, pending bankruptcy court approval.

U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

[Mar 27, 2023 12:46 PM] The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous…

EU Lawmakers to Vote on Limited Ban on Self-Hosted Crypto Payments

[Mar 27, 2023 8:41 AM] Anti-money laundering plans have slightly liberalized but are set to bring NFT platforms into the regulatory fold

G-7 Will Push for Tighter Global Crypto Regulations: Kyodo

[Mar 27, 2023 5:13 AM] Discussions on a global framework will speed up ahead of a May meeting of finance ministers and central bankers.

EU Smart Contract Regulations Included in Council’s Data Act Draft

[Mar 27, 2023 4:26 AM] Some worry the text, a version of which was already agreed on by the European Parliament, will prove impossible to meet for most smart contracts.

The UK Has Created Crypto Banking Problems

[Mar 25, 2023 2:00 AM] U.K. lobbying groups and lawmakers have been complaining that crypto clients can’t find a bank and are faced with restrictions, so they are calling the government to act.

Former SEC Branch Chief Explains Why U.S. Has Jurisdiction in Do Kwon Case

[Mar 24, 2023 11:35 AM] Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore.

U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts

[Mar 24, 2023 10:21 AM] U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed…

Do Kwon Charged, Due in Montenegro Court for Extradition Hearing: AFP

[Mar 24, 2023 8:32 AM] Terraform Labs founder Kwon was arrested in Montenegro on Thursday for document forgery.

El Salvador President Bukele to Introduce Bill That Would Eliminate Taxes on Technology Innovations

[Mar 24, 2023 6:24 AM] The bill will strip technology innovations such as software programming, coding, apps and Artificial Intelligence development from tax obligations on income, property, capital gains and import tariffs, Bukele said in the tweet.

UAE Unveils CBDC Strategy, First Phase to Be Completed by Mid-2024

[Mar 24, 2023 1:12 AM] The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy over the next 12 to 15 months.

Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC

[Mar 23, 2023 8:35 PM] Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated.

Is This Finally an Atomic Bomb From the SEC?

[Mar 23, 2023 4:24 PM] The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally…

Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors

[Mar 23, 2023 3:41 PM] Federal prosecutors in New York charged Terraform Labs founder Do Kwon with fraud hours after he was arrested by police in Montenegro.

Crypto Advocate Sees 'Silver Lining' for the Industry in SEC's Warning to Coinbase

[Mar 23, 2023 12:28 PM] Should the government agency follow through with its Wells notice, the outcome could lead to more rules of the road for crypto, Brett Quick, head of government affairs at the global alliance firm, said.

SEC Urges Investors to Be Cautious With Crypto Securities

[Mar 23, 2023 10:05 AM]

SEC Warns Coinbase It's Pursuing Enforcement Action Over Securities Violations

[Mar 22, 2023 3:26 PM] Crypto exchange Coinbase (COIN) may soon face an enforcement action tied to its listing of potential unregistered securities, the company said Wednesday.

Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar

[Mar 22, 2023 2:02 PM] The putative presidential candidate’s plan to ban a CBDC at state-level is unworkable constitutionally. But it’s still worrying for the future of money in the U.S., says JP Schnapper-Casteras.

SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos

[Mar 22, 2023 1:47 PM] The securities regulator said Paul participated in a scheme to illegally promote TRX and/or BTT.