14 / 66 Relevant items tagged with #Regulations

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Crypto Unmentioned at First 2024 U.S. Presidential Debate

[Jun 27, 2024 8:55 PM] President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening.

U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators

[Jun 27, 2024 9:44 AM] The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional…

Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests

[Jun 27, 2024 8:42 AM] A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would shed light on the regulators'…

Rarimo's Worldcoin Alternative RariMe Goes Live

[Jun 27, 2024 12:46 AM] Rarimo has launched RariMe, a competitor to Worldcoin, and an app that allows users to generate passport zero-knowledge proofs (ZKPs) verifying the uniqueness of individuals without revealing their identity, it announced on Thursday.

Crypto Insiders Hope for Possible Mention in Biden-Trump Debate

[Jun 26, 2024 2:41 PM] This U.S. presidential election has been the first where cryptocurrencies have come up as a major policy issue, and the industry is lobbying (and bracing for) the possibility that President Joe Biden and former President Donald Trump may bring it…

Abra Settles With 25 States for Operating Without Licenses, Will Return Up to $82M to U.S. Customers

[Jun 26, 2024 1:59 PM] Crypto investment platform Abra and its founder and CEO William “Bill” Barhydt have settled with 25 state financial regulators for operating its mobile application without the proper licenses, according to a Wednesday announcement from the…

Crypto Giants Notch Wins in Expensive Quest to Sway U.S. Politics – Without Mentioning Crypto

[Jun 26, 2024 11:19 AM] In politics, money talks, but the donors and organizers behind crypto's massive U.S. campaign fund don't. The digital assets industry has amassed a juggernaut of campaign finance, a $169 million fund that's capable of steering many contests this…

U.S. State Department Offers New $5M Reward for Missing ‘Cryptoqueen’

[Jun 26, 2024 9:31 AM] OneCoin founder Ruja Ignatova went missing in Athens in 2017.

Many EU Crypto Entities May Not Know the Correct Deadline for Sustainability Disclosures Under MiCA: Risk Analyst

[Jun 26, 2024 5:42 AM] Several crypto asset service providers (CASPS) in the European Union (EU) may not know the correct deadline to make sustainability disclosures reflecting their environmental footprint despite a clarification made by the bloc's securities regulator…

Hydrogen Technology Execs Jailed for HYDRO Price Manipulation

[Jun 26, 2024 3:34 AM] CEO Michael Kane and Shane Hampton, head of financial engineering, were sentenced to a total of more than six years in prison.

Ron Wyden on FISA Reform and Crypto

[Jun 25, 2024 11:30 PM] Sen. Ron Wyden (D-Ore.) has been a long-standing member of the U.S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution…

U.S. Lawmakers Visit Detained Binance Exec in Nigeria, Call for Release

[Jun 21, 2024 4:30 AM] The two House members said Tigran Gambaryan is being wrongfully detained and should be freed.

Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign

[Jun 20, 2024 3:56 PM] Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company's president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with $1 million each in support…

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

[Jun 20, 2024 3:28 PM] A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in a suit alleging that Ripple’s CEO violated state securities laws in 2017.

Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.

[Jun 20, 2024 11:08 AM] Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of…

UK Regulator FCA Arrests Two People Associated With 1B-Pound Illegal Crypto Business

[Jun 20, 2024 6:14 AM] The two suspects were interviewed under caution by the FCA and then released on bail.

Italy to Increase Surveillance of Crypto Market With Fines as High as 5M Euros: Reuters

[Jun 20, 2024 5:59 AM] Italy is set to adopt measures that will include high fines for those who manipulate the crypto asset market as part of a wider scheme to beef up surveillance of risks tied to the sector.

Binance Fined $2.2M by India’s Financial Intelligence Unit

[Jun 19, 2024 11:11 PM] Binance, the world's largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation's anti-money laundering rules, India's anti-money laundering…

Jump Crypto Adds $10M to Industry's U.S. Political War Chest, Raising PAC to $169M

[Jun 19, 2024 10:00 AM] Jump Crypto put another $10 million into the U.S. political action committee (PAC) that's seeking to rush as many pro-crypto members into Congress as possible to achieve legislation the industry is after, a spokesman for the PAC confirmed.

IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency

[Jun 19, 2024 1:21 AM] Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks…

Patrick McHenry Explains FIT21's Passage

[Jun 18, 2024 11:30 PM] Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives…

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets

[Jun 18, 2024 2:14 AM] FTX's victims are seeking a court hearing to rule on their claim that all the failed crypto exchange's forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate.

Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck

[Jun 17, 2024 8:36 AM] The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck.

U.S. SEC's Crypto Enforcer David Hirsch Quits

[Jun 17, 2024 7:26 AM] David Hirsch, a senior member of the U.S. Securities and Exchange Commission crypto oversight unit has left the organization, he posted on LinkedIn on Monday.

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies

[Jun 17, 2024 2:55 AM] The Financial Stability Board (FSB) said it will undertake further work to consider the challenges associated with risks of global stablecoin arrangements in emerging and developing economies.

South Africa Re-Elects Cyril Ramaphosa of the ANC as President

[Jun 14, 2024 3:51 PM] South African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country's first multi-party coalition government.

Two Men Charged With Running Darknet Marketplace Empire Market

[Jun 14, 2024 3:30 PM] Federal prosecutors in Illinois have charged two men with owning and operating Empire Market, a darknet marketplace, according to court documents filed Friday.

Nigeria Drops Tax Charges Against Binance Executives

[Jun 14, 2024 5:19 AM] The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

More Central Banks Are Exploring a CBDC, BIS Survey Finds

[Jun 14, 2024 5:08 AM] There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities

[Jun 14, 2024 4:16 AM] Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.