48 / 65 Relevant items tagged with #Regulations

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G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holders India

[Jul 18, 2023 7:05 AM] The Group of Twenty (G20) has welcomed the high-level recommendations of the Financial Stability Board (FSB) on crypto asset activities and global stablecoin arrangements.

Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator

[Jul 18, 2023 5:06 AM] The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act in June.

Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg

[Jul 18, 2023 2:14 AM] Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg.

US regulatory clarity has begun in court after Ripple win: CFTC commissioner

[Jul 17, 2023 11:15 PM] CFTC Commissioner Caroline Pham said recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.

BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say

[Jul 17, 2023 10:08 AM] The crypto lender saw “the exact same balance sheet” later published by CoinDesk but still put clients' money in Sam Bankman-Fried’s companies, a scathing new report claims.

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

[Jul 17, 2023 4:53 AM] Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk

SEC Launches Review of Latest Bitcoin ETF Applications

[Jul 17, 2023 4:25 AM] The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications.

Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil

[Jul 17, 2023 1:00 AM] The standard-setter called for crypto companies to adapt now, after allegations of misuse of client funds at FTX

SEC Accepts Blackrock’s Bitcoin ETF Application

[Jul 17, 2023 12:00 AM] The U.S. Securities and Exchange Commission (SEC) has accepted the application for a bitcoin exchange-traded fund (ETF) filed by asset manager Blackrock. The move indicates the regulator is preparing to seriously consider a bitcoin ETF and could…

What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC

[Jul 14, 2023 12:27 PM] Coinbase and Binance have a new precedent to cite in court – if the decision survives potential appeal. That’s no sure thing, lawyers said.

How the Celsius Affair Plays Into the U.S. Crypto Regulatory Debate

[Jul 14, 2023 6:30 AM] The arrest of the crypto lender’s co-founder and ex-CEO Alex Mashinsky comes as lawmakers and regulators squabble over new rules for the sector.

Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto

[Jul 14, 2023 12:31 AM] Congressman Ritchie Torres has asked for two separate independent investigations of the U.S. Securities Exchange Commission (SEC) for its "haphazard and heavy-handed approach to digital assets."

Alex Mashinsky's Bail Set at $40M, Travel Restricted

[Jul 14, 2023 12:02 AM] The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.

Ripple, Crypto Industry Score Partial Win in SEC Court Fight Over XRP

[Jul 13, 2023 10:04 AM] The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday.

Celsius Network's Alex Mashinsky Arrested, Firm Sued by SEC, CFTC, FTC

[Jul 13, 2023 6:48 AM] U.S. commodities regulator CFTC could also bring a case against the crypto lender, Bloomberg reported earlier this month.

UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree

[Jul 13, 2023 3:35 AM] The bill, nearing approval, has measures to prevent children from experiencing harm online.

Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC

[Jul 13, 2023 2:34 AM] Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue.

Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

[Jul 13, 2023 2:30 AM] Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in…

FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership

[Jul 12, 2023 11:57 PM] Crypto exchange FTX's lawyers have asked the bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership.

Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading

[Jul 12, 2023 10:52 AM] The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures…

A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi

[Jul 12, 2023 5:00 AM] The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the…

Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency

[Jul 12, 2023 4:57 AM] Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.

Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report

[Jul 12, 2023 3:35 AM] "If large stablecoins are linked to some other currency, there is a risk of dollarization," RBI Deputy Governor Rabi Sankar has said.

EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law

[Jul 12, 2023 3:22 AM] Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law

U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance

[Jul 12, 2023 2:50 AM] The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets.

South Korea Wants Companies to Disclose Crypto Holdings

[Jul 12, 2023 1:27 AM] Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules.

Coinbase Goes to Court Against the SEC

[Jul 11, 2023 2:30 PM] Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway).

U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft

[Jul 11, 2023 10:39 AM] The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.

EU’s Metaverse Vision Focuses on Standards, Governance and Funding

[Jul 11, 2023 7:52 AM] The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds.

UK Treasury Starts Consultation on Five-Year Digital Securities Trial

[Jul 11, 2023 4:41 AM] The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.