54 / 65 Relevant items tagged with #Regulations

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Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege

[Jun 6, 2023 7:32 AM] The crypto exchange is facing scrutiny from a task force of 10 U.S. state securities regulators including in Alabama and California after getting sued by the SEC on the same day.

EU ‘Crypto Security’ Debate Turns New MiCA Law on Its Head

[Jun 6, 2023 7:00 AM] An EU study published last week has reopened a debate over whether digital assets should be regulated as securities – though lawmakers appear to favor a tailored approach.

SEC Sues Coinbase on Unregistered Securities Exchange Allegations

[Jun 6, 2023 6:30 AM] The U.S. Securities and Exchange Commission (SEC) sued U.S crypto exchange Coinbase on allegations of violating federal securities law, a day after filling a similar suit against Binance.

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations

[Jun 5, 2023 9:15 AM] The U.S. Securities and Exchange Commission is suing crypto exchange Binance, Binance.US and its CEO, Changpeng "CZ" Zhao on allegations of violating federal securities laws.

New York’s Met Museum Agrees to Return $550K in FTX Donations

[Jun 5, 2023 3:24 AM] The bankrupt crypto company is seeking the return of funds sent by Sam Bankman-Fried’s empire before its November collapse.

Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation

[Jun 5, 2023 2:34 AM] The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.

UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation

[Jun 5, 2023 2:17 AM] The Crypto and Digital Assets All Parliamentary Group released its long-awaited inquiry into crypto on Monday.

Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court

[Jun 5, 2023 2:08 AM] A previous approval was annulled by a higher court after it was determined the Terra founder's finances were not sufficiently assessed in the first decision.

Dollar-Based Stablecoins to Strengthen Greenback, CZ Says, Thinks DeSantis ‘Is Great’

[Jun 4, 2023 3:30 AM] The regulatory environment in the U.S. doesn’t look good for crypto but the United States has the potential to lead again, according to Binance CEO Changpeng Zhao (CZ). The founder of the world’s largest digital asset exchange is convinced…

U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball

[Jun 2, 2023 12:00 PM] Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the…

Kenya Central Bank Takes Ambivalent Stance on Digital Currency

[Jun 2, 2023 10:01 AM] The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said.

Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed

[Jun 2, 2023 3:30 AM] Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the…

U.S. Commodities Agency May Change Risk Rules to Consider Crypto

[Jun 1, 2023 6:28 PM] The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from…

Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says

[Jun 1, 2023 8:50 AM] The central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force

Treat Crypto as Securities by Default, European Parliament Study Says

[Jun 1, 2023 4:35 AM] Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says

Covering the 2024 Presidential Election

[May 31, 2023 2:30 PM] It gives me no pleasure to report that less than six months into this Congressional term, the 2024 election season has become fully underway. Florida Governor Ron DeSantis (R) officially declared his candidacy last week, though he appears to have…

Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns

[May 31, 2023 1:30 PM] In the wake of Binance’s departure from Canada, cryptocurrency exchange Bybit has announced its exit from the nation as well, citing “recent regulatory development” as the reason. Effective May 31, Bybit stated that it would cease…

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

[May 31, 2023 11:01 AM] U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline.

EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law

[May 31, 2023 10:00 AM] The MiCA law is set to make the bloc the first major jurisdiction with tailored crypto regulations.

EU’s Banking Regulator Highlights AML Risks in Privacy Coins, Self-Hosted Wallets

[May 31, 2023 8:18 AM] The European Banking Authority wants to extend money laundering guidance to crypto firms and banks that trade with them

Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges

[May 30, 2023 12:38 PM] The U.S. Securities and Exchange Commission settled charges with a former Coinbase product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday.

U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets

[May 30, 2023 11:13 AM] The derivatives agency said that clearing organizations it oversees have moved into the crypto space and it issued a reminder that they need to actively address the risks.

FTX Examiner Appointment Referred to Court of Appeals by District Judge

[May 30, 2023 9:32 AM] The U.S. government is pushing to have an independent inquiry into the crypto exchange despite concerns over cost

Crypto Exchange bitFlyer Aligns Itself With FATF 'Travel Rule' With New Restrictions

[May 30, 2023 6:22 AM] The company is only allowing crypto and transfers to platforms that comply with Coinbase-led Travel Rule Universal Solution Technology (TRUST).

India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks

[May 30, 2023 6:02 AM] India's central bank is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity to macro-financial and cross-sectoral implications and risks of crypto-assets.

ECB Finalizes Digital Euro Prototypes as Development Decision Looms

[May 30, 2023 3:37 AM] The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency.

Gemini and Bankrupt Lender Genesis Asks U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program

[May 29, 2023 4:00 AM] The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.

Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways

[May 28, 2023 8:00 PM] India’s CoinDCX, CoinSwitch, WazirX, BuyUCoin, ZebPay and Giottus all think they'll survive the current bear market – here’s how.

Gulf Binance Clinches Thai Regulatory Approval

[May 26, 2023 8:41 AM] The joint venture between Gulf Innova and Binance aims to offer crypto services in the country starting later this year.

Tax Attacks Won’t Kill Bitcoin: Regulators Must Learn To Accept New Technology

[May 26, 2023 6:00 AM] This is an opinion editorial by Conor Chepenik, an organizer for the MassAdoption Bitcoin meetup. Source Congressman Brad Sherman's recent tweet attacking Bitcoiners as "tax evaders" is a prime example of how Bitcoin has become a mainstream…