22 / 82 Relevant items tagged with #Regulation

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Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

[Jun 28 5:16 PM] Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe…

Europe's MiCA Is Finally Here. How Will the U.S. Respond?

[Jun 28 7:00 AM] It's time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle's Dante Disparte.

Coinbase global adviser to join President Biden’s reelection campaign

[Jun 27 2:03 PM] It’s unclear whether Keisha Lance Bottoms will advise the campaign on crypto, but she spoke about digital assets in Atlanta the day before the presidential debate.

Voters weigh in on US Presidential debate — will Trump or Biden mention crypto?

[Jun 27 8:55 AM] Many crypto users are calling on CNN moderators Jake Tapper and Dana Bash to ask the two candidates at least one question related to digital assets.

Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations

[Jun 27 7:40 AM] Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer…

Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration

[Jun 26 9:24 PM] Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset…

Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’

[Jun 26 5:16 PM] Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures could impact…

Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations

[Jun 26 1:45 PM] Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant changes in how Abra conducts…

US State Dept offers $5M reward for OneCoin ’Cryptoqueen’

[Jun 26 1:25 PM] Bulgaria’s Acting Prosecutor General said Ruja Ignatova would be charged in absentia, while the FBI listed a $5 million reward for the OneCoin founder.

SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’

[Jun 26 1:09 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making…

Democratic incumbent targeted by crypto Super PAC ads loses primary

[Jun 26 10:24 AM] Millions of dollars from political action committees may have contributed to challenger George Latimer’s defeat of incumbent Jamaal Bowman in a June 25 Democratic primary.

EU Targets Crypto Asset Providers Accused of Aiding Russia in Warfare Against Ukraine

[Jun 26 5:20 AM] The most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime…

ECB Publishes Digital Euro’s First Progress Report

[Jun 25 7:07 PM] The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline…

US politicians who may be spinning the news with crypto

[Jun 25 3:45 PM] Donald Trump seems to have doubled down on digital assets after he was convicted of 34 felony counts in New York.

Ex-fintech CEO sentenced to 3.75 years over price manipulation scheme

[Jun 25 2:58 PM] A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines.

The Two-Class System of Regulation Plaguing Europe

[Jun 24 9:37 PM] In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe. The European Union is the…

Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden

[Jun 24 6:35 PM] Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin…

Chief author behind President Biden’s crypto EO rejoins administration

[Jun 24 11:51 AM] Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year.

Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities

[Jun 22 10:31 PM] The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation…

US Government to Report Seized Crypto as ‘Nonmonetary Property’

[Jun 22 7:37 PM] The Federal Accounting Standards Advisory Board (FASAB) has clarified that seized crypto assets should be treated as “nonmonetary property” while central bank digital currencies (CBDCs) should be treated as monetary instruments. The…

Bloomberg Analyst Doubles Down on July 2 Spot Ether ETF Launch Date Amidst Surge in S-1 Filings

[Jun 22 6:05 PM] Bloomberg’s senior ETF analyst has reaffirmed his prediction of a July 2 launch date for U.S. spot ethereum exchange-traded funds (ETFs) after observing a surge in amended S-1 (registration statement) filings on Friday. U.S. Securities and…

Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions

[Jun 22 10:30 AM] Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit…

Is Biden shifting strategy on digital assets ahead of Trump debate?

[Jun 21 1:24 PM] Though Donald Trump began accepting Bitcoin for his 2024 campaign, he often criticized cryptocurrencies while in office.

Indian Authority Fines Crypto Exchange Binance $2.25 Million for AML Violations

[Jun 20 4:15 PM] India’s Financial Intelligence Unit has fined crypto exchange Binance $2.25 million (₹18.8 crore) for non-compliance with anti-money laundering (AML) regulations. Binance’s return to India is seen as challenging, especially after the…

Judge in SEC v. Kraken case suggests he will deny motion to dismiss

[Jun 20 4:10 PM] In their motion to dismiss, Kraken’s lawyers disputed the legal theory that the exchange was an “ecosystem” for crypto asset securities.

Winklevoss twins pledge $2M for Trump, claiming Biden waged war on crypto

[Jun 20 2:04 PM] Tyler Winklevoss claimed that anyone who disagreed that Donald Trump was the pro-crypto choice for U.S. President was “delusional.”

Report Claims Jump Trading Under CFTC Probe for Crypto Activities

[Jun 20 11:15 AM] The Commodity Futures Trading Commission (CFTC) has initiated an inquiry into the cryptocurrency activities of Chicago-based Jump Trading, according to a report by Fortune’s Leo Schwartz. This investigation forms part of a larger regulatory…

Failed House candidate and partner of ex-FTX exec starts crypto think tank

[Jun 20 10:50 AM] Contributions to Michelle Bond’s 2022 congressional campaign were part of a criminal investigation into her partner, Ryan Salame.

Binance to appeal $4.4M fine from Canadian regulator

[Jun 19 3:25 PM] The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators.

Crypto Super PAC raises $169M following $10M donation from Jump Crypto

[Jun 19 11:59 AM] A Fairshake spokesperson told Cointelegraph that the political action committee would “have the resources to affect races in 2024 and beyond.”