49 / 65 Relevant items tagged with #Regulations

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Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License

[Jul 11, 2023 4:06 AM] BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ BIS Tells G20

[Jul 11, 2023 3:00 AM] Central bankers, wary of displacing their own fiat currencies, pointed to the past year's prominent hacks and collapses.

DOJ Charges Moroccan Man With Stealing $450K in OpenSea Spoofing Scam

[Jul 10, 2023 1:54 PM]

Grayscale Argues Leveraged Bitcoin Futures ETF Approval Shows Spot ETF Should Be Approved

[Jul 10, 2023 10:38 AM] Graysclae

U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum

[Jul 10, 2023 10:25 AM] U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured…

15 Retail CBDCs Likely by 2030, BIS Study Says

[Jul 10, 2023 3:00 AM] A survey conducted by the Bank for International Settlements found 93% of central banks worldwide were engaged in digital currency work in 2022.

Coinbase Knew It May Have Been Violating the Law Prior to the SEC's Lawsuit, Regulator Claims

[Jul 7, 2023 3:16 PM]

Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging 'Fraud'

[Jul 7, 2023 9:06 AM] Gemini and its founders sued Digital Currency Group on Friday alleging that it incurred losses due to DCG's "false, misleading and incomplete representations" tied to DCG subsidiary Genesis' work with Gemini on the crypto company's Earn product.

Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments

[Jul 6, 2023 10:11 AM] Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday…

Will 2023 Be the Year of the Bitcoin ETF?

[Jul 6, 2023 9:30 AM] Excitement over the hoped-for approval of a spot bitcoin exchange-traded fund is back again. This time, financial giant BlackRock’s entrance to the race for an ETF has spurred hope that the Securities and Exchange Commission will approve the…

Binance Refers Dutch Users to Rival Coinmerce as It Exits Netherlands

[Jul 6, 2023 6:36 AM] The world’s biggest crypto exchange said it would quit the Netherlands in June after failing to secure regulatory approval.

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance

[Jul 6, 2023 4:25 AM] Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

Bittrex Faced Enforcement Action From Florida Regulator Ahead of Bankruptcy

[Jul 6, 2023 2:53 AM] The state's financial regulator accused the U.S. firm of violating multiple state laws, and was looking to explore settlement avenues, court filings show.

BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC

[Jul 6, 2023 2:51 AM] Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights

[Jul 6, 2023 1:41 AM] A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners

[Jul 5, 2023 12:24 PM] A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.

Payments Platform Nuggets Working With Bank of England on Privacy Layer for Digital Pound

[Jul 5, 2023 8:00 AM] The BofE said in February that a digital pound was likely needed, but that it will not make a decision on issuing one until at least 2025.

Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings

[Jul 5, 2023 5:04 AM] Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own holdings of cryptoassets.

Binance Australia’s Offices Searched by Financial Regulator: Bloomberg

[Jul 5, 2023 2:07 AM] The company, also under investigation in the U.S. and France, ceased its Australian derivatives business following regulatory warnings

UK Lords Pass Bill to Help Seize and Freeze Crypto Used for Crime

[Jul 4, 2023 10:58 AM] The bill, introduced in September, now enters its final stages in Parliament.

Belarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud

[Jul 3, 2023 9:14 AM] The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.

Hong Kong Sets Up Task Force for Web3 Development

[Jul 3, 2023 5:10 AM] Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said.

Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End

[Jul 3, 2023 2:42 AM] Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year.

South Korea Passes Crypto Bill for User Protection

[Jul 2, 2023 11:52 PM] The bill marks the country's first step towards a digital asset legal framework.

Court Orders Kraken to Turn Over History Transaction and Account Information to IRS

[Jun 30, 2023 3:29 PM] A federal court ordered crypto exchange Kraken to turn over account and transaction information to the IRS, which said it needed that information to see if any of the exchange's users had underreported their taxes.

Coinbase Will Be Fidelity's Surveillance Partner for Bitcoin ETF, Refiled Application Says

[Jun 30, 2023 2:39 PM] Cboe's BZX Exchange named crypto exchange Coinbase as the market for its surveillance-sharing agreement when it refiled its bitcoin exchange-traded fund application on TKday.

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks

[Jun 30, 2023 8:22 AM] Creditor distributions will only be made in the two most popular cryptocurrencies, the company said

The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance

[Jun 30, 2023 6:00 AM] No new crypto rules are needed, said Aaron Kaplan, co-CEO of Prometheum Inc., and his company means to demonstrate it – even as the issuers whose tokens it seeks to trade say no thanks.

New Zealand Is Not Exploring Crypto Regulation, but Recommends Increased Vigilance

[Jun 30, 2023 4:53 AM] After receiving 50 submissions as part of a consultation process, the Reserve Bank of New Zealand (RBNZ) has said it won't propose a regulatory approach towards stablecoins and crypto-assets.

SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response

[Jun 30, 2023 12:38 AM] The Securities and Exchange Commission (SEC) will present its response to Coinbase's first legal defense, filed Thursday, on July 13, the court has ordered.