13 / 66 Relevant items tagged with #Regulations

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Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler

[Jul 11, 2024 1:18 PM] A federal judge encouraged Coinbase to drop – or at least substantially modify – its efforts to subpoena U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s personal communications during a hearing Thursday.

SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

[Jul 11, 2024 10:50 AM] Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year.

U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance

[Jul 11, 2024 9:42 AM]

DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says

[Jul 11, 2024 6:55 AM] The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.

Trump to Speak at Bitcoin Conference in Nashville on July 27

[Jul 10, 2024 5:29 PM]

Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020

[Jul 10, 2024 4:24 PM] BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ).

As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in

[Jul 10, 2024 2:27 PM] After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry�

As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling

[Jul 10, 2024 10:16 AM] While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel's fellow members this week, the committee's top Republican said his…

Israel Decision on Digital Shekel Won't Occur Before the EU's Call on Digital Euro: Reuters

[Jul 10, 2024 6:06 AM] The Bank of Israel won't decide whether to launch a central bank digital currency before the European Union does, Deputy Governor Andrew Abir told Reuters.

Wallets Linked to Global Scams on Cambodia's Huione Guarantee Collect $11 Billion: Report

[Jul 10, 2024 5:39 AM] Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges.

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto

[Jul 10, 2024 3:47 AM] U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.

Trump's New Crypto Enthusiasm Could Help Him Win More Votes: Poll

[Jul 10, 2024 3:00 AM] Former President Donald Trump's recent embrace of cryptocurrency after his long-standing skepticism may win him some votes among reluctant Republicans as he seeks a return to the White House in November, according to an industry-sponsored poll…

What Still Needs to Happen Before Spot Ether ETFs Can Trade

[Jul 9, 2024 11:30 AM] There's a lot of excitement over the possibility that a spot ether exchange-traded fund (ETF) may be around the corner. Here's what still needs to happen before one may launch.

Former FTX Execs Nishad Singh, Gary Wang to Be Sentenced Later This Year

[Jul 9, 2024 8:37 AM] Former FTX Director of Engineering Nishad Singh and former Chief Technology Officer Gary Wang are set to be sentenced this fall in the ongoing criminal case against what was once a global crypto exchange before it collapsed in historic fashion near…

Trump's Official Republican Platform Pledges to Halt Crypto 'Crackdown'

[Jul 8, 2024 2:14 PM] Former President Donald Trump's Republican Party has officially adopted a platform that would seek to support cryptocurrency innovation, according to the document released Monday by the Republican National Committee.

France Votes for Hung Parliament as Major Parties Fall Short of Majority

[Jul 8, 2024 2:09 AM] The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.

Sacked Northern Data Execs File Suit Against Tether-Backed Company, Alleging Fraud

[Jul 5, 2024 11:02 AM] Two former executives of Tether-backed German tech company Northern Data have filed suit against the firm, alleging that they were wrongfully terminated after raising concerns about the company’s financial health and alleging tax evasion.

Labour Landslide Sets Up Starmer as UK Prime Minister With Unstated Crypto Plans

[Jul 4, 2024 11:01 PM] While the industry was not mentioned in the party's manifesto or on the campaign trail, Labour has said it will support tokenization and a central bank digital currency.

When Do Secondary Token Sales Violate Howey?

[Jul 3, 2024 8:30 PM] A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

[Jul 3, 2024 10:19 AM] The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped

[Jul 2, 2024 1:24 PM] Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convin

Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds

[Jul 2, 2024 9:38 AM] On Tuesday the cross-examination of the first witness from Nigeria's Securities and Exchange Commission was completed.

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody

[Jul 2, 2024 3:39 AM] The Monetary Authority of Singapore released its stablecoin framework last year.

Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator

[Jul 1, 2024 2:03 PM] The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank's parent entity and its former executives on Monday.

Marine Le Pen's Far-Right National Rally Party Leads in First Round of French Election

[Jul 1, 2024 4:55 AM] The far-right party associated with Marine Le Pen led in the first round of France's two-part election.

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

[Jun 28, 2024 2:15 PM] The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.

Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation

[Jun 28, 2024 1:09 PM] In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.

SEC Sues Consensys Over MetaMask Staking, Broker Allegations

[Jun 28, 2024 10:49 AM] The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securities" and that its staking…

Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power

[Jun 28, 2024 9:47 AM] The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing.

Elections Across Europe Won't Hinder Bloc's Crypto Ambitions

[Jun 28, 2024 9:24 AM] France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.