42 / 66 Relevant items tagged with #Regulations

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Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility

[Sep 12, 2023 2:55 AM] Central banks say their new technology can be secure and accessible while promoting privacy

Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case

[Sep 12, 2023 12:15 AM] Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators

Standard Chartered-Backed Zodia Custody Now Available in Singapore

[Sep 11, 2023 10:21 PM] Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions.

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

[Sep 11, 2023 3:08 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry.

FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says

[Sep 11, 2023 8:34 AM] The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.

Coinbase Exchange Remains Inactive in India, While Other Operations Are Still Active

[Sep 11, 2023 3:49 AM] Coinbase continues to operate its tech-hub in India and provide wallet services to Indian customers while its exchange operations remain suspended.

Steve Kokinos, Creditors Named to Run Celsius 2.0

[Sep 11, 2023 3:26 AM] Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee.

India Will Decide on Its Crypto Stance in Coming Months

[Sep 11, 2023 1:26 AM] India's individual position on crypto will be analyzed and decided on in the coming months after considering what global leaders agreed to as an acceptable framework for crypto rules as part of the Group of Twenty (G20) deliberations.

Digital Euro Conspiracy Theories and Privacy Concerns Put EU Central Bankers in the Hot Seat

[Sep 11, 2023 1:00 AM] Officials promise privacy controls for the possible new CBDC, but are less clear how to respond to wilder reactions.

Coinbase Seeks Expansion in Markets With Clear Crypto Rules Unlike US

[Sep 9, 2023 2:30 PM] America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the…

SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling

[Sep 8, 2023 3:46 PM] Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued…

U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off

[Sep 8, 2023 7:57 AM] The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.

Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report

[Sep 8, 2023 5:32 AM] The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country.

Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

[Sep 8, 2023 4:14 AM] The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November.

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

[Sep 8, 2023 12:58 AM] Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison.

CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep

[Sep 7, 2023 5:01 PM] The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the…

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

[Sep 7, 2023 11:45 AM] The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC).

SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator

[Sep 7, 2023 9:41 AM] Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation…

U.K. Crypto Firms Can Apply for 3-Month Reprieve to Comply With Tough New Ad Rules

[Sep 7, 2023 9:18 AM] Bans on aggressive marketing were set to take effect in October, but companies can apply to delay some aspects until January.

Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg

[Sep 7, 2023 8:20 AM]

Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says

[Sep 7, 2023 6:00 AM] Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise

Blanket Crypto Bans Won’t Work, IMF and FSB Warn in Joint Paper

[Sep 7, 2023 2:00 AM] The global standard-setters instead suggest targeted restrictions when necessary, and urges jurisdictions to strengthen monetary policy frameworks.

Cboe's BZX Exchange Files to Launch Ark 21Shares, VanEck Spot Ether ETFs

[Sep 6, 2023 3:25 PM] Cboe's BZX exchange filed the first documents in a bid to offer the first spot ether exchange-traded funds in the U.S.

Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs

[Sep 6, 2023 12:54 PM] Genesis Global Capital, a subsidiary of Digital Currency Group, filed in court for DCG to repay outstanding loans in excess of $600 million on Wednesday.

FASB Says Crypto Assets Should Be Marked at Current Values

[Sep 6, 2023 12:40 PM] The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial…

Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges

[Sep 6, 2023 10:24 AM] Tornado Cash developer Roman Storm pleaded "not guilty" to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday.

Ex-Celsius CEO Mashinsky's Assets Ordered Frozen by Court as DOJ Case Continues

[Sep 6, 2023 8:40 AM] Corporate bank accounts and a Texas property are now untouchable after the executive’s July arrest

Looking at Uniswap and Crypto’s New Favorite Ruling

[Sep 6, 2023 7:00 AM] A ruling dismissing a putative class action lawsuit against Uniswap will almost definitely come up again in other lawsuits involving securities law and crypto entities.

Zodia Markets Receives In-Principle Approval as Crypto Broker-Dealer in Abu Dhabi

[Sep 6, 2023 5:12 AM] Zodia Markets, a digital asset marketplace backed by Standard Chartered Ventures, has been granted In-Principle Approval to operate as a crypto broker-dealer in Abu Dabhi.

Russian Lawmaker Predicts That Digital Ruble Will Displace Banks

[Sep 6, 2023 4:09 AM] Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said in a meeting.