59 / 66 Relevant items tagged with #Regulations

Posts

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

[May 1, 2023 3:08 AM] The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg

[May 1, 2023 1:49 AM] The regulator is considering applications for digital asset exchanges on a trial basis.

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says

[Apr 30, 2023 10:00 PM] Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing…

U.S. House Will Have Crypto Bill in 2 Months: McHenry

[Apr 28, 2023 4:32 PM] AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry…

Global Crypto Regulation Needs Coordination, Not Duplication, Legal Experts Say

[Apr 28, 2023 11:35 AM] "It's not good to put crypto all in the same basket and look at it in a vacuum," said Marianne Bechara, senior counsel at the IMF.

Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

[Apr 28, 2023 11:00 AM] The federal banking regulator said Signature’s exposure to crypto industry deposits was also a contributing factor to its failure.

ECB Probes Decentralized Settlement for Wholesale Financial Markets

[Apr 28, 2023 2:56 AM] Euro regulators are looking again at their centralized settlement systems in seeking to keep pace with digital innovation as they explore central bank digital currencies.

South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case

[Apr 28, 2023 2:06 AM] The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

[Apr 28, 2023 1:54 AM] Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.

Binance Official Says Crypto Exchange Has Ousted North Koreans

[Apr 27, 2023 1:36 PM] "They recognized Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance.

Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto

[Apr 27, 2023 8:00 AM] A bipartisan bill introduced simultaneously to the House and Senate would call for federal agencies to study the possible criminal uses for crypto, and provide a report with recommendations on how to address these concerns.

UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking

[Apr 27, 2023 7:45 AM] The proposed framework, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.

Stablecoin Reserves Need to Be Diverse, EU Bank Agency Chief Says

[Apr 27, 2023 4:42 AM] The EBA’s José Manuel Campa urged crypto players to start managing risks right away as new norms bed in.

UK Charities Offered Guidance for Accepting Crypto Donations

[Apr 27, 2023 2:16 AM] Nonprofits need to weigh up the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.

Ex-CFTC Head Says Regulators Can Engage With Crypto 'If They Have the Will to Do So'

[Apr 26, 2023 4:04 PM]

Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal

[Apr 26, 2023 10:05 AM] Creditors can expect to receive between 40 and 65% recoveries, ideally in crypto, a bankruptcy court heard

Bittrex Global CEO Says Firm Will Fight SEC Charges, Did Not Serve U.S. Customers

[Apr 26, 2023 8:56 AM] The Securities and Exchange Commission has accused Bermuda-regulated Bittrex Global of failing to register as a securities exchange in a lawsuit targeting U.S.-based Bittrex Inc.

Please Enjoy the Final Crypto Winter

[Apr 26, 2023 8:26 AM] With U.S. regulations and policy coming soon, the frauds, scams and irresponsible investment management practices that led to the current market downturn will be things of the past, reasons Paul Brody of EY.

Don’t Cap Digital Euro Holdings, European Parliament Study Says

[Apr 26, 2023 8:03 AM] The paper turns on its head conventional wisdom that limits are needed to avoid supplanting the banking system

Bahamas Seeks to Tighten Its Crypto Laws Following FTX Collapse

[Apr 26, 2023 4:55 AM] A bill published for comment includes restrictions on stablecoins, proof-of-work mining and crypto staking.

Former Coinbase Employee Seeks to Limit Jail Term to 10 Months in Insider-Trading Case

[Apr 26, 2023 1:47 AM] Ishan Wahi faces a sentencing hearing on May 9 after admitting he’d revealed details of forthcoming crypto listings to his brother.

UK financial watchdog to crypto industry: ‘Let’s work together’

[Apr 25, 2023 9:33 PM] The Financial Conduct Authority wants input from crypto companies on moving forward with regulations.

Unpacking Policy Issues at Consensus 2023

[Apr 25, 2023 9:50 AM] We’ll hear discussions ranging from global regulatory policy around crypto to how industry and lawmakers alike are approaching the question of privacy and privacy tool usage in crypto at CoinDesk's Consensus 2023 conference.

UK FCA Wants to Work With the Crypto Industry to Develop Regulation, Executive Says

[Apr 25, 2023 9:21 AM] The U.K. is consulting on new rules for the crypto sector.

Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says

[Apr 25, 2023 9:00 AM] Patrick McHenry is seeking to push his own stablecoin bill through Congress but faces Democrat skepticism

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over

[Apr 24, 2023 2:00 PM] Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.

Lawmakers Could Still Nix Digital Euro, ECB’s Panetta Says

[Apr 24, 2023 10:01 AM] The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said

U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts

[Apr 24, 2023 8:33 AM] The U.S. Treasury Department's sanctions watchdog banned three North Korean individuals for supporting the Lazarus Group, a North Korean hacking team known for crypto thefts.

Zimbabwe to Introduce Gold-Backed Digital Currency: Report

[Apr 24, 2023 3:23 AM] The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so they can hedge against the currency's volatility.

French Regulator Floats 'Fast-Track' Registration for Incumbents as MiCA Rules Bed in

[Apr 24, 2023 2:16 AM] EU countries are making the transition to a tough new crypto regime set by Brussels.