FINRA says rules still apply in the metaverse
[Oct 25 9:28 PM] The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.
8 / 82 Relevant items tagged with #Regulation
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Protecting Ted Cruz’s Senate seat is a ‘top priority‘ — Crypto PAC
[Oct 25 8:45 PM] Ted Cruz, representing Texas in the US Senate since 2013, has received millions in support from the crypto industry but is still at risk of losing his seat to Colin Allred.
Hacker behind fake Bitcoin ETF X post pleads not guilty
[Oct 25 5:44 PM] Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC’s X account.
What to expect at Nishad Singh’s sentencing hearing
[Oct 25 3:53 PM] After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison.
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
[Oct 25 4:30 AM] A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that…
Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes
[Oct 25 1:30 AM] The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions. The…
SEC Ramps up Crypto Oversight With New Examination Priorities for 2025
[Oct 24 11:30 PM] The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are…
US lawmaker claims crypto PACs forced out ’important voices in Congress’
[Oct 24 9:00 PM] Representative Summer Lee took aim at crypto-backed Super PACs funding media buys that could have contributed to two Democratic lawmakers losing their primaries.
US gov’t cites ex-FTX exec’s ‘exemplary cooperation’ before sentencing
[Oct 24 4:04 PM] Prosecutors asked Judge Lewis Kaplan to consider Nishad Singh’s “substantial assistance” to the government in its case against Sam Bankman-Fried at sentencing.
Binance exec leaves Nigeria after authorities drop final charges
[Oct 24 2:33 PM] After eight months’ detainment in Nigeria and court delays, Binance’s head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment.
Ripple ‘made a mistake’ not talking to regulators early, says CEO
[Oct 24 3:12 AM] Ripple should have engaged with US regulators a lot earlier, says the firm’s CEO Brad Garlinghouse, who added it’s now “trying to make up for lost time.”
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
[Oct 24 12:30 AM] The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions…
Former Celsius CEO to return to court on Nov. 13
[Oct 23 10:23 PM] Judge John Koeltl ordered Alex Mashinsky and prosecutors to appear in court on Nov. 13 to address the former Celsius CEO’s motion to dismiss fraud and market manipulation charges.
Ex-Trump chief of staff says crypto election impact will be ‘fascinating’
[Oct 23 7:19 PM] Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC.
Ripple CEO endorses crypto lawyer in race against Sen. Warren
[Oct 23 4:10 PM] Brad Garlinghouse and other crypto executives have directly contributed to John Deaton’s Senate run, and Ripple has funded one of the PACs supporting him.
The Fed Is the Wrong Regulator for Stablecoins
[Oct 23 3:48 PM] The U.S. central bank would be conflicted, because stablecoins compete with the Fed's payments infrastructure and with potential CBDCs.
UK Stands Firm on Tough Crypto Regulations, Warns Against Lowering Crypto Standards
[Oct 23 7:30 AM] A Financial Conduct Authority (FCA) official has emphasized the importance of high regulatory standards for crypto asset registrations. She defended the UK’s stringent rules, aiming to protect consumers and financial markets while fostering a…
Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren
[Oct 23 12:30 AM] Coinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and…
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
[Oct 22 11:30 PM] The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation…
Judge delays sentencing of IcomTech promoter to allow testimony
[Oct 22 8:44 PM] Gustavo Rodriguez, who was initially scheduled to be sentenced following his conviction for conspiracy to commit wire fraud, will testify under oath on Oct. 25.
Metallicus secures FedNow transaction certification
[Oct 22 8:33 PM] The partnership was originally announced in mid-2023 ahead of the launch of FedNow.
SEC Chair wishes Bitcoin a ‘sweet sixteen’ for white paper anniversary
[Oct 22 6:55 PM] In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC’s course on its “regulation by enforcement” approach to crypto.
SEC lists crypto as an examination priority in 2025
[Oct 22 3:46 PM] The regulator’s Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch.
Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations
[Oct 22 4:30 AM] Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum…
2 Outcomes: Ripple’s Legal Chief Reveals Best SEC Can Hope for in XRP Appeal
Mining PAC launches ad for Ted Cruz as early voting begins in Texas
[Oct 21 9:26 PM] More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.
Ripple co-founder pledges $10M in XRP to Kamala Harris campaign PAC
[Oct 21 7:24 PM] Chris Larsen suggested that Democratic lawmakers could have a “new approach to tech innovation” under a Kamala Harris presidency starting in 2025.
Better Know a Crypto Candidate: John Avlon
[Oct 21 4:52 PM] As part of its coverage of the 2024 US elections, Cointelegraph asked several congressional candidates for their positions on cryptocurrency and blockchain.
Ripple CEO Praises the State of Cryptocurrency Regulation in Brazil
[Oct 19 10:05 PM] Brad Garlinghouse, CEO of Ripple, a payments and cryptocurrency service provider, has praised the state of cryptocurrency regulation in Brazil, one of the largest crypto markets in Latam. In an interview with Valor Economico, Garlinghouse…
Crypto events turn to regulation and politics as US election looms
[Oct 18 9:40 PM] Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election.