66 / 72 Relevant items tagged with #Regulation
Posts: 2,132
Posts
Brazilian president signs crypto bill into law
[Dec 22, 2022 11:43 AM] The law included many digital currencies under the definition of legal payment methods in Brazil and established a licensing regime for virtual asset service providers.
Third parties could return FTX funds directly to customers: Law firm
[Dec 22, 2022 10:18 AM] According to Louise Abbott, FTX users could claim in court that assets “remained their property at all times” and could be treated separately from bankruptcy proceedings.
Brazilian President Signs Bill Regulating Use Of Bitcoin As Payment
[Dec 22, 2022 5:56 AM] Brazil’s President has signed a complete regulatory framework for crypto, regulating the use of bitcoin as payment.Brazilian President Jair Bolsonaro on Thursday morning signed a bill into law that establishes a complete regulatory framework for…
US Lawmaker: Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets
Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland
[Dec 21, 2022 6:00 PM] Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinbase has been approved by Ireland’s central bank…
Sam Bankman-Fried is one step closer to US extradition: Report
[Dec 21, 2022 11:12 AM] Officials from the U.S. Embassy, FBI, and U.S. Marshals Service were reportedly in attendance to witness the former FTX CEO waiving his right to a formal extradition process.
US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX
Bank of Russia to Test International Crypto Payments With Companies
[Dec 20, 2022 5:30 PM] The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime that’s currently under…
Who has returned donations or contributions from FTX amid the firm’s reputational risks?
[Dec 20, 2022 3:30 PM] Politicians and news organizations have reportedly planned to return roughly $6.6 million in donations from FTX — a mere fraction of the crypto exchange's estimated contributions.
4 legislative predictions for crypto in 2023
[Dec 20, 2022 2:55 PM] We may not see much from Congress, but there is a chance the SEC will continue making crypto policy via litigation.
Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto
[Dec 20, 2022 6:30 AM] Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian…
Coinbase CEO: Regulate centralized actors but leave DeFi alone
[Dec 20, 2022 1:00 AM] Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.
Gate.io closer to launching US services after receiving local licenses
[Dec 19, 2022 11:30 PM] Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch.
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges
Sam Bankman-Fried agrees to US extradition 'to put the customers right': Report
[Dec 19, 2022 4:01 PM] The former FTX CEO attended an emergency hearing of the Bahamas Magistrate Court just hours earlier, returning to prison following the event.
Crypto’s regulatory fate will be decided in the year ahead
[Dec 19, 2022 3:17 PM] Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency.
Next House committee chair reintroduces bill on crypto innovation
[Dec 19, 2022 3:01 PM] Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward.
Sam Bankman-Fried wants to see indictment before extradition to US: Report
[Dec 19, 2022 11:43 AM] Authorities in the Bahamas have had the former FTX CEO in custody since Dec. 12, shortly before he was denied bail.
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
[Dec 19, 2022 9:30 AM] The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets…
Eva Kaili arrest a ‘setback’ for EU crypto regulations, economist says
[Dec 19, 2022 7:40 AM] European Parliamentarian Eva Kaili’s arrest under allegations of corruption is being labeled as a blow to crypto and blockchain adoption.
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say
[Dec 19, 2022 1:00 AM] Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use…
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
Federal Prosecutors Probe Democrats Over Donations From Sam Bankman-Fried
[Dec 18, 2022 7:00 PM] Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried (SBF) and another executive of the collapsed cryptocurrency exchange…
Nigeria Looking To Legalize Bitcoin Usage: Report
[Dec 18, 2022 3:15 PM] If passed, the reported amendments would regulate bitcoin and cryptocurrency usage in the African nation.A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and…
Binance to Help Azerbaijan With Crypto Regulations
[Dec 18, 2022 5:00 AM] Cryptocurrency exchange Binance has offered to support Azerbaijan in efforts to establish regulations for digital assets. The leading coin trading platform has been active in the region this year, seeking to expand market presence and increase…
G20 Countries to Build Crypto Policy Consensus for Better Global Regulation
US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto
US Financial Stability Oversight Council urges congressional action on crypto
[Dec 16, 2022 3:00 PM] According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”
Basel Committee Finalizes Policy Suggesting 2% Bitcoin Exposure Cap For Banks
[Dec 16, 2022 2:36 PM] The BIS’ Basel Committee introduced a finalized proposal for limits to the amount of Tier 1 capital banks can hold in bitcoin.The Bank for International Settlements' (BIS) Basel Committee on Banking Supervision has finalized a proposed policy that…