25 / 65 Relevant items tagged with #Regulations

Posts

Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

[Mar 7 6:17 AM] Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

Hong Kong’s Central Bank Announces New Wholesale CBDC Project to Support Tokenization Market

[Mar 7 5:27 AM] Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said.

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases

[Mar 6 4:00 PM] A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and…

Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries

[Mar 6 11:49 AM] Focused campaign spending from the crypto industry hit paydirt in Super Tuesday elections across the U.S., with several key congressional races going the way the industry had hoped.

'Congress Needs to Act' on Crypto Regulations, CFTC Chair Behnam Tells Lawmakers

[Mar 6 10:33 AM] The CFTC Chair was testifying on the regulator's 2025 budget request.

UK Launches Consultation on Implementing OECD Crypto Reporting Framework

[Mar 6 8:29 AM] The U.K. government believes implementing the reporting framework could draw in 35 million pounds ($45 million) from 2026.

ShapeShift Settles SEC Charges It Sold Crypto Securities

[Mar 5 6:58 PM] The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021.

SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications

[Mar 5 6:50 PM] The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.

Crypto Seeks to Make Mark on U.S. Elections During 'Super Tuesday'

[Mar 5 4:32 PM] The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it's also a "chance to send a…

Binance.US Not Being Totally Forthcoming, SEC Complains in New Filing

[Mar 5 3:15 PM] The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday.

Crypto Lender Nexo Secures First Regulatory Victory in Dubai

[Mar 5 7:00 AM] Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday.

Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny

[Mar 5 5:18 AM] Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

[Mar 4 11:40 PM] The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said.

Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors

[Mar 4 9:56 AM] Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry's sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the…

Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange BitForex

[Mar 4 6:04 AM] Hong Kong's regulator for securities and futures markets has warned the public about cryptocurrency exchange BitForex for suspected fraud, it announced Monday.

U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales Are Securities Transactions

[Mar 3 11:58 PM] In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of certain crypto assets on a secondary market, which…

U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal

[Mar 1 3:03 PM] The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.

UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets

[Mar 1 12:19 PM] A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto.

Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms

[Mar 1 10:59 AM] Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.

Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court

[Mar 1 10:38 AM] Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.

Nigeria Government Demands $10B From Crypto Exchange Binance: BBC

[Mar 1 9:53 AM] The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows.

SEC Overstepped Bounds in Kraken Lawsuit, State AGs Charge

[Feb 29 8:36 PM]

Report: Election Concerns Halt South Korea’s Crypto and ETF Regulation Ease

[Feb 29 5:30 PM] South Korea has delayed its efforts to relax its crypto regulations and the prohibition on spot bitcoin exchange-traded funds (ETFs). This development follows closely behind the People Power Party’s contemplation of removing certain…

U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance

[Feb 29 11:51 AM] The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

[Feb 29 10:37 AM] Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.

SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

[Feb 29 2:01 AM] The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters.

Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years

[Feb 28 5:30 PM] Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five…

Winklevoss Twins' Gemini Promises to Return $1.1B to Earn Customers

[Feb 28 3:38 PM] Gemini told the New York Department of Financial Services it would return at least $1.1 billion to its Earn customers after Genesis Global Capital wraps up its bankruptcy process, according to NYDFS.

Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again

[Feb 28 2:54 PM] Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn't about digital assets, directly, but it may be important for every modern consumer who buys, registers…

Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails

[Feb 28 11:13 AM] He's set to retake the stand on Friday to defend allegations initially made by his former lawyers that their correspondence submitted to court had been doctored.