25 / 82 Relevant items tagged with #Policy

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Binance.US Taps Former New York Fed Compliance Chief for Board Role

[Apr 16 7:00 AM] Binance.US added Martin Grant, a one-time New York Federal Reserve Bank official who spent 17 years as its chief compliance and ethics officer, to its board of directors.

Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules

[Apr 16 3:30 AM] The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, while Tether is taking a hands-on approach to…

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

[Apr 15 1:33 PM] The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So…

Crypto Exchange VALR Obtains South African License

[Apr 15 8:00 AM] The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.

Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

[Apr 15 7:24 AM] Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

[Apr 15 4:17 AM] The country passed a landmark bill in June that laid the foundation for stablecoins and other crypto to be treated as regulated financial activities.

Germany's Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda

[Apr 15 2:40 AM] LBBW will first offer crypto custody to corporate clients with a market launch planned for the second half of 2024.

BTC, ETH Rise as Hong Kong Bitcoin ETF Applicants Say They've Been Approved

[Apr 15 1:54 AM] The Securities and Futures Commission, Hong Kong's markets regulator, has not made an official announcement.

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

[Apr 12 6:13 PM] Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry's fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal on Friday that would ask a higher federal court to drill…

Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges

[Apr 12 9:53 AM] Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges built on Solana, was sentenced to three years in prison and three years of supervised release by a federal judge on Friday.

Asset Tokenization Draws Focus From Global Securities Watchdogs

[Apr 12 8:24 AM] The International Organization of Securities Commissions wants to analyse whether or not further policy direction is needed for tokenization.

Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg

[Apr 12 5:56 AM] Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request

[Apr 12 5:25 AM] An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company…

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

[Apr 11 4:34 PM] The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck…

Avi Eisenberg May Testify in $110M Crypto Fraud Trial, Defense Says

[Apr 11 1:14 PM] The crypto trader is facing up to 20 years in jail if convicted on all counts.

Craig Wright Drops Appeal Against Hodlonaut in Norway

[Apr 11 12:35 PM] Wright’s decision to drop his appeal comes a month after a U.K. court ruled that he was not Satoshi Nakamoto.

FTX Founder Sam Bankman-Fried Appeals Fraud Conviction

[Apr 11 12:25 PM] FTX founder Sam Bankman-Fried filed to appeal his conviction and sentence for fraud and conspiracy charges on Thursday, hours before his deadline to do so.

Ether Spot ETFs Still Have No More Than 50% Chance of Approval in May: JPMorgan

[Apr 11 8:04 AM] There will probably be litigation against the SEC after May if ether ETFs aren’t approved, the report said.

Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms

[Apr 11 5:15 AM] While Dubai's regulatory rules were broadly welcomed, some firms worried about the expense.

South Africa Starts Issuing Crypto Licenses With Luno, Zignaly Among First Recipients

[Apr 11 4:10 AM] Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.

Former Ethereum Adviser Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges

[Apr 10 2:15 PM] The former Ethereum adviser has retained well-known civil liberties lawyer Alan Dershowitz to serve as a consultant on constitutional issues in the case.

DeFi Exchange Uniswap Receives Enforcement Notice from the SEC

[Apr 10 12:57 PM] Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

Binance 'Working Collaboratively' With Nigerian Government to Free Detained Executive, Compliance Chief Says

[Apr 10 9:55 AM] Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday.

EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says

[Apr 10 9:22 AM] The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.

New Zealand Crypto Policy Should Support Industry, Minister for Commerce Says

[Apr 10 6:00 AM] The country's "wait and see" approach to regulating crypto could risk New Zealand missing out on the benefits of industry developments, a government inquiry found.

Hong Kong Said Likely to Approve Spot Bitcoin ETFs Next Week: Reuters

[Apr 10 4:14 AM] Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people…

Is the Sam Bankman-Fried Story Over?

[Apr 9 8:30 PM] Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts.

Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election

[Apr 9 11:07 AM] Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing.

DeFi Trader Eisenberg 'Wasn't Borrowing, He Was Stealing,' Prosecutor Says in Opening Argument

[Apr 9 10:52 AM] The defense countered that Eisenberg "risked 13 million of his own dollars" to net $110 million from Mango Markets.

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

[Apr 9 10:33 AM] U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry…