29 / 65 Relevant items tagged with #Regulations

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SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In

[Jan 22 3:00 PM] The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a "SIM swap" attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9…

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

[Jan 22 11:47 AM] Tk

U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators

[Jan 22 9:11 AM] The U.S. and other governments are adding a number of Hamas-affiliated financiers to a global financial blacklist, the Treasury Department's sanctions watchdog announced Monday.

Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg

[Jan 22 2:55 AM] Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case.

Why Indonesia’s Upcoming Elections Could Make or Break the Country’s Vibrant Crypto Sector

[Jan 21 9:00 PM] Not all leading candidates have been vocal about crypto – but scattered remarks offer clues about where the industry might be headed under their leadership.

The SEC Goes Back to Court

[Jan 19 9:00 PM] Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator's legal teams faced…

Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules

[Jan 19 3:00 AM] Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.

EU Provisionally Agrees Tough Crypto Due Diligence Measures to Combat Money Laundering

[Jan 17 8:31 PM] Crypto firms have to do checks on transactions of 1000 euro or more, and the framework adds measures to mitigate risks in transfers with self-hosted wallets.

Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings

[Jan 17 3:38 PM] The U.S. Securities and Exchange Commission (SEC) case against Coinbase delves into a ton of complexity, but before anything else, a judge has to decide whether transactions in about a dozen tokens traded on the U.S. exchange were securities.

Indonesian Crypto Exchanges Blame Dramatic Drop in Trading Volumes Partly on High Taxes

[Jan 17 3:23 AM] Indonesian crypto exchanges saw a sharp 60% drop in trading volumes in 2023, challenging its reputation as a fast adopter of digital assets.

Sam Bankman-Fried's Parents Ask Court to Dismiss FTX's Lawsuit Seeking to Recover Funds

[Jan 17 12:55 AM] Joseph Bankman and Barbara Fried, the parents of Sam Bankman-Fried, have asked a court to dismiss a lawsuit by the bankrupt cryptocurrency exchange FTX seeking to recover funds it alleges were fraudulently transferred.

Coinbase's SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal

[Jan 16 2:25 PM] Coinbase is about to make its case in a federal courtroom that the U.S. Securities and Exchange Commission (SEC) is wrong about its legal arguments that the crypto exchange has been trading unregistered securities. What the New York judge does next…

EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

[Jan 16 7:55 AM] The European Banking Authority issued new guidance for crypto firms that will come into effect on Dec. 30, 2024.

Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says

[Jan 15 6:06 AM] Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his lawyer Goran Rodic told CoinDesk.

Tokenized Fund Adoption Grows but Brings Technology Risks: Moody's

[Jan 15 3:00 AM] Entities providing tokenization tech have a limited track record and may contribute to increased risk, a new report by analysts at the credit-rating agency says.

Venezuela Ends Controversial Petro Cryptocurrency: Reports

[Jan 15 1:59 AM] Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports.

SEC Comments on Hack of Its X Account and Resulting Fake Bitcoin ETF Approval Announcement

[Jan 12 6:07 PM] The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.

White Supremacists Lean On Crypto, Says Anti-Defamation League Report on Extremists

[Jan 12 7:17 AM] White supremacist groups in the U.S. have sometimes been funded by crypto, according to a report from the Anti-Defamation League (ADL) that analyzed about $140,000 in transactions connected to 15 extremist groups or individuals last year.

Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto's Staunchest Supporters

[Jan 11 11:51 AM] They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.

EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say

[Jan 11 4:58 AM] During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to "start on the right footing."

European Central Bank Shows It’s Serious About Enabling Digital Euro Offline Use

[Jan 11 12:00 AM] The central bank plans to allocate the lion’s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.

Bitcoin ETFs: What to Expect on Day One

[Jan 10 9:35 PM] Spot bitcoin ETFs are launching in the U.S. on Thursday. Here's what the issuers and exchanges behind these products have to say.

Gary Gensler's Begrudging Bitcoin ETF Concession: 'We Did Not Approve or Endorse Bitcoin'

[Jan 10 4:07 PM] U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen…

Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency

[Jan 10 3:00 PM] Hopes are high they will lure more investors into crypto.

Bitcoin ETF Confusion Abounds

[Jan 10 1:30 PM] The crypto industry can breathe a sigh of relief: It looks like a federal U.S. regulator will let the world's largest traditional finance asset managers and other firms list and trade shares of a vehicle giving retail and institutional investors…

Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister

[Jan 10 4:35 AM] Under draft proposals, crypto firms will be required to obtain licenses from the country’s capital markets regulator.

Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple’s App Store

[Jan 10 1:08 AM] Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government.

Crypto Boosters Attack SEC For 'Manipulating' BTC Market After ETF Tweet

[Jan 9 7:22 PM] Lawmakers and crypto boosters are asking questions about how the SEC's X (formerly Twitter) account was compromised, leading to a bogus tweet on Tuesday.

Crypto Custodian BitGo Wins In-Principle Approval as Major Payments Institution in Singapore

[Jan 9 7:00 PM] Crypto custodian BitGo has been granted in-principle approval to operate as a Major Payment Institution (MPI) in Singapore.

New York's Crypto BitLicense Oversight Criticized by State's Comptroller

[Jan 9 11:07 AM] The New York Department of Financial Services (DFS) is drawing some internal heat over whether it's doing a good job overseeing crypto activity through its BitLicense program, according to a review from New York State Comptroller Thomas DiNapoli.