37 / 66 Relevant items tagged with #Regulations

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Sam Bankman-Fried Needs Better Answers on the Stand

[Oct 31, 2023 7:30 AM] There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him…

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

[Oct 31, 2023 6:56 AM] Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

[Oct 31, 2023 4:52 AM] Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea.

Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure

[Oct 31, 2023 4:00 AM] The government hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity.

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

[Oct 30, 2023 1:04 PM] The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.

Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

[Oct 30, 2023 10:54 AM] Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities.

Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

[Oct 30, 2023 6:23 AM] A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said.

Crypto Exchange Linked to 3AC Founders Drops Lawsuit Against Mike Dudas

[Oct 30, 2023 5:02 AM] OPNX voluntarily dropped its defamation suit against the venture investor and crypto personality.

Singapore, Japan, U.K., Swiss Regulators Plan Asset Tokenization Pilots

[Oct 30, 2023 4:43 AM] Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.

U.K. Publishes Final Proposals for Crypto, Stablecoin Regulation

[Oct 30, 2023 3:37 AM] The U.K. government published its final proposed rules for crypto and stablecoins on Monday.

Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

[Oct 27, 2023 9:51 AM] When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to…

Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern

[Oct 27, 2023 6:04 AM] Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.

Hi's Mastercard Debit Card Adds Option to Spend Sandbox's Token SAND

[Oct 27, 2023 5:39 AM] Cardholders of the hi Debit Mastercard, a partnership between crypto payments application hi and Mastercard, can now spend Metaverse platform Sandbox’s SAND token as a currency in eligible markets.

Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute

[Oct 27, 2023 4:26 AM] A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled.

UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules

[Oct 26, 2023 7:30 PM] Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified�

U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas

[Oct 26, 2023 11:38 AM] U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to "expeditiously conclude" investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas.

U.S. Senate's Banking Chairman Says Panel to 'Crack Down' on Crypto's Terrorism Ties

[Oct 26, 2023 10:14 AM] U.S. Sen. Sherrod Brown (D-Ohio) has said the Senate Banking Committee will "crack down on the use of crypto to fund terrorism and evade sanctions" at a time when the U.S. must stand with both Ukraine and Israel as they fight back against Russian…

Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued

[Oct 26, 2023 8:04 AM] After Hamas' deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited.

UK Lawmakers Pass Bill to Help Seize Illicit Crypto

[Oct 26, 2023 5:35 AM] The bill lets law enforcement freeze crypto without a conviction, promising faster and more substantial seizures.

Catching Up on a Lot of Stuff

[Oct 25, 2023 9:00 PM] I poked my head out of the Sam Bankman-Fried trial just long enough for my entire panel of House lawmakers at CoinDesk's policy event in Washington, D.C. to cancel, leading to a very impromptu session instead. Unfortunately that's not enough time…

Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles

[Oct 25, 2023 4:47 PM] After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House.

Bitcoin = Anti-Totalitarianism

[Oct 25, 2023 9:00 AM] In the face of ongoing challenges to our cherished freedoms, it is imperative to critically examine the forces at play that threaten the very fabric of democracy. The ideals of freedom and open markets are at risk of being undermined by influential…

UK’s FinProm a welcome change, but challenge persists — Transak compliance head

[Oct 25, 2023 6:32 AM] Transak’s compliance chief, James Young, told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space.

UK Regulator Warns Crypto Firms of 'Hard to Read' Risk Warnings

[Oct 25, 2023 5:55 AM] The Financial Conduct Authority has blocked Binance's chosen ad approver and added 221 firms to its warnings list since a new crypto marketing regime took effect on Oct.8.

North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports

[Oct 25, 2023 4:00 AM] North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based…

Crypto-Fan Tom Emmer's Rise and Fall in the U.S. House Speaker Race Was Extremely Quick

[Oct 24, 2023 3:32 PM] Rep. Tom Emmer, the No. 3 in U.S. House leadership, has been Mr. Crypto on Capitol Hill, so his brush with the speaker nomination gave a jolt of hope to the industry.

Despite U.S. House Drama, Sens. Gillibrand, Lummis Bullish on Stablecoin Bill and Illicit Finance Legislation

[Oct 24, 2023 11:37 AM] Even as the U.S. House of Representatives is paralyzed by a Republican leadership drama, U.S. Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are still pressing to get crypto legislative through.

Binance Again Seeks to Nix ‘Incendiary’ CFTC Suit

[Oct 24, 2023 3:58 AM] U.S. law “does not control the world,” said the filing by the world’s biggest crypto exchange as it feels increasing regulatory pressure.

FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire

[Oct 23, 2023 1:18 PM] A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen.

All Spot-Bitcoin ETF Applications May be Approved Together, Crypto ETF Expert Predicts

[Oct 23, 2023 11:41 AM] All applications to the U.S. Securities and Exchange Commission for spot bitcoin exchange-traded-funds (ETFs) may be approved together, predicts crypto ETF expert Stuart Barton, who, along with his company, pulled off two regulatory firsts recently.