21 / 65 Relevant items tagged with #Regulations

Posts

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

[Apr 15 1:33 PM] The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So…

Crypto Exchange VALR Obtains South African License

[Apr 15 8:00 AM] The Pantera-backed crypto exchange is among the first to receive regulatory approval in South Africa, alongside Luno and Zignaly.

Norway Wants to Restrict Crypto Mining by Regulating Data Centers, Lawmakers Say: Report

[Apr 15 7:24 AM] Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

[Apr 15 4:17 AM] The country passed a landmark bill in June that laid the foundation for stablecoins and other crypto to be treated as regulated financial activities.

Germany's Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda

[Apr 15 2:40 AM] LBBW will first offer crypto custody to corporate clients with a market launch planned for the second half of 2024.

Coinbase Seeks to Take Core Question in U.S. SEC Case to Higher Court

[Apr 12 6:13 PM] Coinbase is seeking to rip the bandage off of a legal impasse at the center of the crypto industry's fight with the U.S. Securities and Exchange Commission (SEC), filing an interim appeal on Friday that would ask a higher federal court to drill…

Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges

[Apr 12 9:53 AM] Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges built on Solana, was sentenced to three years in prison and three years of supervised release by a federal judge on Friday.

Asset Tokenization Draws Focus From Global Securities Watchdogs

[Apr 12 8:24 AM] The International Organization of Securities Commissions wants to analyse whether or not further policy direction is needed for tokenization.

Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg

[Apr 12 5:56 AM] Hong Kong could approve approve spot bitcoin (BTC) and ether (ETH) exchange-traded funds as early as Monday, Bloomberg said, citing two people familiar with the matter.

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request

[Apr 12 5:25 AM] An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company…

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

[Apr 11 4:34 PM] The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck…

Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms

[Apr 11 5:15 AM] While Dubai's regulatory rules were broadly welcomed, some firms worried about the expense.

South Africa Starts Issuing Crypto Licenses With Luno, Zignaly Among First Recipients

[Apr 11 4:10 AM] Regulators in the country have said they plan to authorize up to 60 digital asset firms by April.

DeFi Exchange Uniswap Receives Enforcement Notice from the SEC

[Apr 10 12:57 PM] Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.

Binance 'Working Collaboratively' With Nigerian Government to Free Detained Executive, Compliance Chief Says

[Apr 10 9:55 AM] Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday.

EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says

[Apr 10 9:22 AM] The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.

Hong Kong Said Likely to Approve Spot Bitcoin ETFs Next Week: Reuters

[Apr 10 4:14 AM] Hong Kong regulators are likely to approve the first set of applications for spot bitcoin exchange-traded funds next week, making it possible that the products could be ready for an April launch, Reuters reported on Wednesday, citing two people…

Is the Sam Bankman-Fried Story Over?

[Apr 9 8:30 PM] Last month, I attended Sam Bankman-Fried's sentencing hearing. Not that anyone asked, but I have some thoughts.

Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's

[Apr 9 10:33 AM] U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry…

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year

[Apr 9 8:32 AM] The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.

Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins

[Apr 9 6:00 AM] Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.

Crypto.com Obtains Full Dubai Operational License

[Apr 9 5:33 AM] Singapore-based crypto platform Crypto.com has received full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its local entity, CRO DAX Middle East FZE.

South Korea’s April 10 Election: What’s at Stake for the Crypto Universe

[Apr 9 12:10 AM] On April 10, 2024, South Korea is heading into its legislative polls which will see multiple parties and coalitions battle it out for 300 seats in the national assembly and political analysts say it will be difficult for either party to get a…

Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports

[Apr 8 7:43 AM] Tigran Gambaryan was remanded pending trial, reports say.

HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda

[Apr 8 12:31 AM] The HashKey Group, an Asian firm offering digital asset services, has launched the HashKey Global exchange, after being granted a license in Bermuda to offer licensed digital asset trading services, it announced on Monday.

Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs

[Apr 5 12:51 PM] NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly…

Australian Asset Manager Monochrome Applies With Cboe Australia for a Spot Bitcoin ETF, Eyes Decision By Mid-Year

[Apr 5 2:10 AM] Australian firm, Monochrome Asset Management, has applied for a spot bitcoin exchange traded fund (ETF) with the global listing exchange, Cboe Australia, it announced on Friday.

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not

[Apr 4 10:00 PM] Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.

Coinbase Says Canadian License Makes It Country's Biggest Registered Crypto Exchange

[Apr 4 11:55 AM] Coinbase's expansion into Canada has cleared the hurdle of a "restricted dealer" registration, the company said on Thursday, making it the biggest registered crypto exchange in that jurisdiction.

Nigeria Court Adjourns Hearings for Binance, Execs' Tax Evasion Cases: Reports

[Apr 4 5:23 AM] The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.