60 / 92 Relevant items tagged with #Regulation
Posts: 2,737
Posts
Private Equity Giant David Rubenstein Makes the Case for Bitcoin
[Aug 8, 2023 3:19 PM] Billionaire private equity titan David Rubenstein believes Bitcoin (BTC) is here to stay thanks to growing institutional interest as evidenced by BlackRock’s application for a spot bitcoin ETF as well as general global demand for a form of money…
Former FTX exec Ryan Salame and US prosecutors are discussing a plea deal: Report
[Aug 8, 2023 1:37 PM] It's unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October.
Prosecutors will still consider Sam Bankman-Fried’s alleged campaign finance scheme at trial
[Aug 8, 2023 12:42 PM] Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge.
PayPal’s New Stablecoin and the ‘2 Wolves’ Inside Crypto
[Aug 8, 2023 11:45 AM]
PayPal’s Regulated Stablecoin Is a ‘Watershed Moment’ in Crypto Space, Says Partner Paxos
[Aug 7, 2023 1:57 PM] “The difference is significant because we have a prudential regulator,” said Paxos head of strategy Walter Hessert.
Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
[Aug 7, 2023 12:45 PM] Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements.
G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules
[Aug 6, 2023 8:30 PM] The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed to enforce international standards in the field and…
Worldcoin Confirms Kenya ID Verification Pause
US lawmakers urge White House to address North Korea’s use of digital assets: Report
[Aug 4, 2023 1:00 PM] Sen. Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July.
'The SEC has violated due process' — Coinbase CLO on motion to dismiss lawsuit
[Aug 4, 2023 9:40 AM] Lawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that the XRP token largely did not qualify as a security by the commission’s standards.
Oman financial regulator seeks feedback on proposed virtual asset framework
[Aug 4, 2023 5:59 AM] Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned.
Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
[Aug 3, 2023 10:26 AM] The identity of the hacker or hackers behind an exploit that removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3.
NY Times defends article on Caroline Ellison: The public has a ‘legitimate interest’
[Aug 3, 2023 10:02 AM] The media outlet claimed the public and press had a right to receive information on a “central participant in a financial scheme that defrauded investors of billions of dollars.”
Binance Appoints New Compliance Officer as Regulatory Crackdown Intensifies
[Aug 3, 2023 8:00 AM] The new position for Kristen Hecht comes as Binance is under scrutiny by multiple law enforcement agencies in the U.S. and abroad and could even face fraud charges.
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
[Aug 2, 2023 11:14 AM] Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022.
Ukrainian government reports $81M tax loss from unregulated crypto exchanges since 2013
[Aug 2, 2023 10:30 AM] A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework.
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
[Aug 1, 2023 2:45 PM] As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.
GameStop to Remove Crypto Wallets Citing 'Regulatory Uncertainty'
[Aug 1, 2023 1:09 PM] Leading game retailer GameStop will suspend its crypto wallets due to regulatory uncertainty in the United States, just one year after launching, the company announced Tuesday.
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
[Aug 1, 2023 9:28 AM] Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research.
Crypto Staking in the Crosshairs: IRS Unveils New Tax Guidance
[Aug 1, 2023 8:00 AM] The U.S. Internal Revenue Service (IRS) has issued a decree stating that American citizens drawing income from cryptocurrency staking services must categorize the value of those digital assets as gross income, the moment they officially take…
Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices
[Aug 1, 2023 5:30 AM] Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations…
4 Crypto Bills Pass US House Committee
[Jul 31, 2023 9:30 PM] The U.S. House Financial Services Committee has passed four crypto bills. “Congress is asserting its authority to design a regulatory framework, rather than allowing overzealous federal agencies to fill the gap with enforcement actions,” said the…
Study: Generative AI Could Add Trillions to Global Economy
Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected
[Jul 31, 2023 3:18 PM] “As president, on day one, CBDC goes into the trash can — we’re not going to allow it," said Ron DeSantis at a New Hampshire campaign event.
German government watchdog launched Worldcoin probe in November 2022: Report
[Jul 31, 2023 12:51 PM] Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data collection methods, which involve collecting iris scans from users.
SEC files complaint against Hex founder for allegedly offering unregistered securities
[Jul 31, 2023 8:55 AM] According to the SEC, Richard Heart allegedly used more than $12 million of investor funds to buy "a 555-carat diamond, expensive watches, and high-end automobiles.”
Binance's Activities Are Illegal in Nigeria, Securities Regulator Says
[Jul 31, 2023 3:15 AM] The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.
US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto
[Jul 29, 2023 7:30 PM] The U.S. House Committee on Financial Services has passed the Keep Your Coins Act of 2023 to protect the self-custody of crypto. “Those attacking self-custody oppose individual freedom. They want someone they control to control your assets,” said…