57 / 66 Relevant items tagged with #Regulations

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U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network

[May 15, 2023 1:14 PM] Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S…

BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says

[May 15, 2023 8:07 AM] The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.

South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers

[May 15, 2023 7:20 AM] Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy.

G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week

[May 15, 2023 4:45 AM] Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

[May 15, 2023 3:55 AM] A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

[May 14, 2023 2:00 AM] Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border…

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap

[May 12, 2023 3:28 PM] Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind

[May 12, 2023 2:33 PM] While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority.

House Democrats Consider New Stablecoin Bill Proposal: Source

[May 12, 2023 2:15 PM] House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.

EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows

[May 12, 2023 6:32 AM] Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.

Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case

[May 12, 2023 6:14 AM] Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.

‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation

[May 12, 2023 12:25 AM] JPMorgan CEO says the Fed should be less focused on adding more rules and regulations for banks and more on fixing the banking crisis.

Binance.US seeking to cut Changpeng Zhao's majority stake: Report

[May 11, 2023 9:20 PM] Changpeng Zhao is the crypto exchange's founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance.

McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?

[May 11, 2023 2:00 PM] The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of…

IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly

[May 11, 2023 11:20 AM] The U.S. Internal Revenue Service and crypto investigations company Chainalysis are working with Ukraine to target Russian oligarchs using crypto to evade sanctions.

Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully

[May 11, 2023 11:20 AM] Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector.

BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says

[May 11, 2023 9:04 AM] BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender.

Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro

[May 11, 2023 7:35 AM] Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents.

EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals

[May 11, 2023 4:40 AM] The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges

Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says

[May 10, 2023 9:54 AM] Bittrex filed for bankruptcy protection, but says no customer funds were re-used and that liabilities meet assets

New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members

[May 10, 2023 7:04 AM] Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.

Hungarian Central Bank Sees No Imminent Need for e-Forint

[May 10, 2023 5:30 AM] The EU member is still trying out options for a central bank digital currency that could help the unbanked.

Three Arrows Founder Su Zhu Obtains Singapore Restraining Order Against Arthur Hayes Over 'Harassment'

[May 10, 2023 4:22 AM]

Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says

[May 10, 2023 2:30 AM] Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and…

Previewing Congress's Joint Crypto Regulation Hearing

[May 9, 2023 4:33 PM] Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange…

SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency

[May 9, 2023 3:34 PM] The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often…

Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading

[May 9, 2023 10:06 AM] A former Coinbase employee was sentenced to two years in prison on Tuesday weeks after pleading guilty to insider trading charges, according to a report from Reuters.

DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital

[May 9, 2023 7:18 AM] The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments.

FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him

[May 8, 2023 9:12 PM] FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware

[May 8, 2023 3:38 PM] Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission.