28 / 65 Relevant items tagged with #Regulations

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Haru Invest Execs Arrested in South Korea for Allegedly Stealing $828M Worth of Crypto: Report

[Feb 6 4:05 AM] The platform paused withdrawals and fired 100 employees last June citing issues with service partners.

Ripple Must Share Financial Statements Requested by SEC, Court Rules

[Feb 6 4:01 AM] The statements will help a judge determine if institutional sales of XRP after the SEC lawsuit was filed in 2020 broke securities law, the SEC said in its request.

Treasury Secretary Janet Yellen Warns of Crypto Risks

[Feb 5 4:56 PM] U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, according to a brief…

Craig Wright Accused of ‘Industrial Scale’ Forgeries in First Day of COPA Trial

[Feb 5 1:56 PM] A highly anticipated trial probing Australian computer scientist Craig Wright’s claim to fame as the pseudonymous author of the groundbreaking 2008 Bitcoin manifesto kicked off Monday at a U.K. high court, where a judge decided Wright could add…

FTX Seeks to Sell 8% Stake in Anthropic for Sake of 'Shareholders'

[Feb 5 7:16 AM] Court filings show the crypto estate wants to agree procedures so that it can sell the shares at the "optimal" time.

Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro

[Feb 5 6:11 AM] Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year.

South Korean Regulator to Discuss Spot Bitcoin ETF With U.S. SEC: Report

[Feb 5 4:14 AM] In December it was reported that Financial Supervisory Service head Lee Bok-hyun was planning on meeting with the U.S. SEC Chairman Gary Gensler for the first time to discuss crypto regulation.

Hong Kong to Consult on Regulation for OTC Crypto Venues 'Very Soon'

[Feb 2 6:17 AM] The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.

India CBDC Insider Reveals Current Stance of Country's Central Bank

[Feb 1 6:30 PM] India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it's making some progress.

U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy

[Feb 1 4:17 PM] Members of Congress are trying to delete the controversial U.S. Securities and Exchange Commission accounting bulletin that implies restrictions on companies that want to hold their customer's crypto assets.

Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges

[Feb 1 2:38 PM] One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and charged in the U.S., the Department of Justice (DOJ) said Thursday.

India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year

[Feb 1 1:18 AM] India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work

[Jan 31 9:41 AM] The opposition party leads the polls in what's likely to be an election year.

Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

[Jan 30 10:11 AM] Thailand's SEC has updated its rules by removing retail investors' limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule

[Jan 30 8:30 AM] Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S…

Bitpanda Crypto Exchange to Withdraw From Netherlands

[Jan 30 6:24 AM] The company said it is committed to complying with the regulatory landscape.

HyperVerse's Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO

[Jan 29 4:45 PM] HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal indictments against two of its leaders.

A Backdoor Regulatory Option Haunts U.S. Crypto

[Jan 29 7:00 AM] After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The Financial Stability Oversight Council (FSOC) can tag companies with systemic-risk labels that…

Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports

[Jan 29 3:54 AM] Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum

[Jan 29 12:16 AM] The much-awaited approval of spot-bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia.

UK Supreme Court Refuses Craig Wright Appeal

[Jan 25 6:02 PM] In July it was ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.

Spot Ether ETF Applications Decisions Delayed by SEC

[Jan 25 11:22 AM] The U.S. Securities and Exchange Commission delayed an application by Grayscale Investments to convert its Ethereum trust product into an exchange-traded fund (ETF), a day after pushing back a decision on an application from BlackRock to launch an…

Digital Pound Legislation Will Provide Protections to Privacy and Control, Govt Says

[Jan 25 4:33 AM] Many respondents to the digital pound consultation said that they had concerns about privacy and control.

The Digital Pound Consultation Will Drop Thursday, U.K. Official Says

[Jan 24 5:03 PM] There's a number of issues around privacy, financial inclusion, whether there's limits, monetary policy and interest, James Bowler, Permanent Secretary of the Treasury said.

What's Uniting the SEC's Crypto Cases

[Jan 24 3:30 PM] Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – "big picture" – there wasn't any sort of uniting regulation addressing crypto.

Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan

[Jan 24 5:03 AM] "We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.

Indonesia's Crypto Tax Revenue Falls 63% in 2023 Despite Bitcoin's Surge

[Jan 24 3:33 AM] The country's tax revenue in 2023 was substantially lower than 2022, when the tax regime was introduced.

Tornado Cash Developers Storm, Pertsev Raise Over $350K for Legal Defense With Support From Snowden

[Jan 24 12:40 AM] A legal fund for the defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev has received more than $350,675 and public support from Edward Snowden, the former NSA whistleblower.

'Lord, You Told Me to Do This': Pastor Defends Taking $1.3M From Failed Crypto

[Jan 23 12:54 PM] Eli Regalado said God told him to start the INDXcoin project and he's waiting on further guidance after Colorado securities officials accused him of running a crypto scam.

Abra to Open Withdrawals After Settling with Texas Regulators

[Jan 22 9:33 PM] Tk