99 / 99 Relevant items tagged with #Regulation

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Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight

[Nov 11, 2022 4:30 AM] The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing…

US Senator Says Crypto Needs ‘More Aggressive Enforcement’ — ‘I’m Going to Keep Pushing SEC to Enforce the Law’

[Nov 10, 2022 9:00 PM] U.S. Senator Elizabeth Warren says the implosion of crypto exchange FTX shows that the crypto industry needs “more aggressive enforcement.” She stressed: “I’m going to keep pushing SEC to enforce the law to protect consumers…

SEC, DOJ Investigate FTX — Regulators Suspect Crypto Exchange Mishandles Customer Funds

[Nov 10, 2022 5:00 PM] The U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) are reportedly investigating cryptocurrency exchange FTX. The crypto firm is suspected of mishandling customer funds and breaking securities laws. Regulatory…

White House says 'prudent regulation of cryptocurrencies' is needed, hinting at situation with FTX

[Nov 10, 2022 3:50 PM] According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market.

FTX US resigns from the Crypto Council for Innovation

[Nov 10, 2022 2:45 PM] “The news this week has been shocking, but we’ve also seen the community come together,” said CCI CEO Sheila Warren.

Republican lawmaker claims SEC chair was coordinating with FTX 'to obtain regulatory monopoly'

[Nov 10, 2022 1:30 PM] Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was "helping SBF and FTX work on legal loopholes," but said he was looking into the matter.

US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

[Nov 10, 2022 11:16 AM] “FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters.

Japan’s financial regulator requests FTX Japan halt operations

[Nov 10, 2022 10:10 AM] Under the orders, FTX Japan will be required to suspend OTC derivatives transactions and related margins as well as new deposits from Nov. 10 to Dec. 9 unless the FSA steps in.

Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro

[Nov 10, 2022 2:30 AM] Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to…

MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'

[Nov 9, 2022 3:50 PM] "With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger.

Post-election roundup: Who were the pro- and anti-crypto winners and losers from the US Midterms?

[Nov 9, 2022 1:34 PM] Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman's U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided.

US Investigating FTX Empire Over Handling Of Customer Funds: Report

[Nov 9, 2022 11:13 AM] US regulators are investigating whether Sam Bankman-Fried’s FTX properly handled client funds following the exchange’s liquidity crunch, Binance acquisition.SEC, CFTC reportedly probing FTX over handling of customers’ funds.Investigations…

In staff letter, Binance CEO embraces scrutiny from regulators amid potential FTX deal

[Nov 9, 2022 10:45 AM] “People now think we are the biggest and will attack us more,” said Changpeng Zhao in a letter updating staff on the situation with FTX.

Blockchain.com successfully secures registration in the Cayman Islands

[Aug 2, 2022 12:17 PM] Blockchain.com, the provider of crypto solutions for traders, funds, allocators, VCs, and crypto operators, announced today that it has secured registration in the Cayman Islands. The company can now provide regulated custodial services, operate an…