30 / 65 Relevant items tagged with #Regulations

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U.S. Arrests 'Bitcoin Rodney,' Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud

[Jan 9 7:04 AM] Rodney Burton was arrested on Friday in Florida and will be transferred to Maryland.

BlackRock, VanEck and Others Update Bitcoin ETF Filing Within Hours of Quick SEC Response

[Jan 9 5:38 AM] BlackRock and VanEck, two among 13 issuers hoping to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday.

DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says

[Jan 9 3:43 AM] The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said.

SEC Hustles to Answer Latest Bitcoin ETF Filings: Source

[Jan 8 9:49 PM] Officials with the U.S. Securities and Exchange Commission sent comments to the issuers of a set of bitcoin exchange-traded fund (ETF) filings just hours after the companies filed their amended S-1 documents, which listed fees for their proposed…

With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous

[Jan 8 10:36 AM] The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S. Securities and Exchange Commission (SEC) on whether it will approve a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has chosen…

Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs

[Jan 8 7:00 AM] Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023.

Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges

[Jan 5 5:15 PM]

U.S. SEC Seeks to Leverage Terraform Win in Coinbase, Binance Disputes

[Jan 5 1:00 PM] The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is…

North Korea Was Responsible for Over $600M in Crypto Thefts Last Year: TRM Labs

[Jan 5 8:00 AM] North Korea-affiliated actors were behind a third of all crypto hacks in 2023, making off with some $600 million in funds, a new TRM Labs study said.

Australian Treasury to Question Regulator Over HyperVerse Crypto Scheme: Report

[Jan 5 2:45 AM] Australia's Assistant Treasurer and Minister for Financial Services Stephen Jones has said he would be asking the Australian Securities and Investments Commission (ASIC) why it didn't warn consumers about the HyperVerse crypto scheme like other…

South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards

[Jan 4 10:54 AM] The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges."

India's Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks

[Jan 4 9:20 AM] CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage of the e-rupee (CBDC) "exceeded the milestone of 1 million transactions in a day on Dec. 27, 2023." A separate…

Will 2024 Be the Year of the Bitcoin ETF?

[Jan 4 5:30 AM] Excitement over a spot bitcoin ETF – a regulated financial product that would give institutional and retail investors easier exposure to bitcoin's price without requiring them to invest directly in the asset – continues to grow.

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts

[Jan 4 5:19 AM] Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

[Jan 3 2:57 AM] The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.

India's Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source

[Dec 29, 2023 9:49 AM] The Bharat Web3 Association's (BWA) Chairman wrote the letter to the Indian government on Dec. 16.

Indonesian Authorities Crack Down on Bitcoin Miners Stealing Electricity From National Grid

[Dec 29, 2023 3:51 AM] The thieves allegedly tapped into utility poles of a state-owned energy firm to power mining operations.

India to Block URLs of 9 Offshore Exchanges Including Binance After Issuing Compliance 'Show Cause' Notices

[Dec 28, 2023 10:39 AM] Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global and Bitfinex are the nine exchanges.

Argentina's Milei Proposes Incentives for Declaring Domestic, Foreign Crypto Holdings in Draft Bill

[Dec 28, 2023 7:26 AM] Crypto is captured in an asset-regularization regime included in a wide-ranging bill that's facing mounting backlash from citizens.

Indonesian Crypto Exchanges Must Register With New Bourse or Face Shutdown

[Dec 28, 2023 3:42 AM] The government wants to use the crypto bourse to make the ecosystem safer and gather transaction data for tax purposes.

Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'

[Dec 27, 2023 8:58 AM] Pan-African exchange Yellow Card has said it will seek licensing in the country.

Elections, SEC Cases, DOJ Cases: What Crypto Regulation May Bring in 2024

[Dec 27, 2023 7:30 AM] The CoinDesk policy team is scattered throughout the world; in the final edition of this newsletter, each member explains what they're watching in 2024 in the world of crypto regulations. Happy holidays, and we'll see you next year!

South Korea to Make Officials' Crypto Disclosures Public

[Dec 27, 2023 4:37 AM] Public officials will also be provided an asset disclosure service starting next year to report crypto and other holdings.

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

[Dec 27, 2023 4:13 AM] The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance.

Hashdex Names BitGo as Bitcoin ETF Custodian as Applicants Continue SEC Meetings

[Dec 22, 2023 4:50 PM] Would-be bitcoin exchange-traded fund (ETF) issuer Hashdex changed its paperwork Friday, naming BitGo as its bitcoin custodian and changing the name of its Bitcoin Futures ETF to the Hashdex Bitcoin ETF as it – and other companies – continue to…

SEC Blasts 'Purportedly Decentralized' DAOs in $1.7M Settlement with BarnBridge

[Dec 22, 2023 11:44 AM] BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.

SEC Chair Gary Gensler: 'Far Too Many Frauds and Bankruptcies'

[Dec 22, 2023 7:30 AM] Earlier this month, I had the opportunity to speak with U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, recognized by CoinDesk as one of the most influential figures in the crypto industry over the past year, about how he views…

Coinbase Approved as Virtual Asset Services Provider in France

[Dec 21, 2023 11:37 AM] The third-largest crypto exchange has said it wants to become regulated in countries with clear policies for the industry while it argues with the Securities and Exchange Commission for bespoke rules in the U.S.

Stablecoin Issuer Circle Conditionally Registered for Digital Asset Services in France

[Dec 21, 2023 9:31 AM] France has been encouraging crypto companies to set up shop within its borders and take advantage of the clearer industry regulation than in the U.S.

Prometheum Earns Final Regulatory Nod to Try Hand at Fully-Compliant Crypto

[Dec 21, 2023 8:51 AM] Prometheum Inc., with the latest regulatory notch on its belt, is about to finally test whether a viable crypto platform can operate entirely within U.S. Securities and Exchange Commission (SEC) regulations.