22 / 65 Relevant items tagged with #Regulations

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For Crypto, the Global Regulatory 'Olympics' Has Already Begun

[Apr 3 1:52 PM]

U.S. SEC Calls for Comments on Spot ETH ETFs

[Apr 3 9:48 AM] The U.S. Securities and Exchange Commission has opened the window for comments on three ether spot exchange traded fund (ETF) proposals.

UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT

[Apr 3 8:42 AM] The DSS will last five years and could lead to a new regulatory regime for securities settlement.

Central Bank Group Starts Tokenization Project to Enhance Monetary System

[Apr 3 8:00 AM] The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said.

Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm

[Apr 3 6:29 AM] Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges.

What a Judge Said About the SEC's Suit Against Coinbase

[Apr 2 8:30 PM] Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening.

Singapore Enacts Licencing Requirements for Crypto Custody Services and Others

[Apr 2 12:25 AM] Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday.

Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations

[Mar 30 11:39 AM]

Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

[Mar 29 3:58 PM] A federal judge ruled that Custodia Bank, a Wyoming special-purpose depository institution, isn't entitled to membership in the Federal Reserve or to a Fed master account.

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

[Mar 28 3:24 AM] Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

[Mar 27 11:58 AM] The judge will deliver the verdict on May 14, the court said.

UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance

[Mar 27 10:05 AM] "The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

[Mar 27 8:11 AM] A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move…

Crypto Chip Company Katena Wins Lawsuit Filed by Bitcoin Miner Coinmint

[Mar 27 6:30 AM] Crypto technology firm Katena Computing didn't trick miner Coinmint into a $150 million purchase agreement, a panel of arbitrators ruled last month in the mining company's suit against Katena and a semiconductor company called DX Corr.

Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs

[Mar 27 6:00 AM] Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion worth of cryptocurrencies, Blockchain analytics…

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

[Mar 27 3:13 AM] Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on…

Binance Is Having an Odd Time

[Mar 26 6:30 PM] Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody.

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

[Mar 26 2:26 PM] As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange…

Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges

[Mar 26 9:11 AM] U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and…

UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies

[Mar 26 6:59 AM] The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

[Mar 25 11:56 PM] The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings.

Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

[Mar 25 2:32 PM] The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.

Binance Blocked by Philippines Securities Watchdog

[Mar 25 7:11 AM] The Philippines Securities and Exchange Commission warned in November that the company was operating in the country without the necessary licenses.

CommEX, Owner of Binance's Former Russian Ops, to Close Down

[Mar 25 7:10 AM] Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.

EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA

[Mar 25 5:17 AM] The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.

Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports

[Mar 25 2:59 AM] One of two senior Binance executives in government custody has escaped, local media reported over the weekend.

Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report

[Mar 22 3:56 PM] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration

[Mar 22 10:15 AM] U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area.

Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

[Mar 22 8:42 AM] Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea.

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

[Mar 22 8:41 AM] Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging…