33 / 66 Relevant items tagged with #Regulations

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The Most Influential Folks in Crypto Regulations

[Dec 6, 2023 12:15 AM] CoinDesk published its annual Most Influential list (it's not a ranking, except for the top 10 being maybe more influential than the other 40). I wrote a few pieces (I had nothing to do with the art and didn't know about it when I wrote the…

House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally

[Dec 5, 2023 11:19 AM] Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.

Binance's Multi-Billion CFTC Penalty Was 'Heightened,' Says Commissioner Kristin Johnson

[Dec 5, 2023 9:34 AM] Johnson clarified that the agency sued the crypto exchange because it "simply failed to comply with regulation."

Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says

[Dec 5, 2023 6:58 AM] The regulator has brought enforcement actions against Coinbase and Robinhood.

Patrick McHenry Is Dragging Crypto Bills Through Congress

[Dec 4, 2023 7:12 AM] The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.

Crypto.com Receives UK Authorization as an Electronic Money Institution

[Dec 4, 2023 7:10 AM] The exchange said it plans to use the license to offer e-money products in the U.K.

Crypto Regulation And Compliance: Navigating The Evolving Regulatory Landscape For Bitcoin

[Dec 1, 2023 8:00 AM] Cryptocurrencies have been around for over a decade; yet, it’s only in recent years that the mainstream has recognized the full extent of their utility. Whether your business is using Bitcoin as a hedge against traditional currencies, trying to…

UK Won’t Excuse Ignorance in the Hunt for Unpaid Crypto Taxes, Experts Say

[Nov 30, 2023 10:46 AM] The government could use a number of different ways to track down crypto tax evaders, CoinDesk was told.

Central Banks Aren't Sufficiently Ready for CBDC Risks: BIS Report

[Nov 30, 2023 6:21 AM] The introduction of central bank digital currencies could have major implications on the stability, the report said.

Miami Crew Leader Sentenced to 63 Months in Prison for Crypto Fraud

[Nov 30, 2023 6:13 AM] In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.

Digital Asset Investment Platform Fasset Wins Operational Licence in Dubai

[Nov 30, 2023 12:25 AM] Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors.

The Algorand Foundation Expands Its Footprint in India

[Nov 29, 2023 6:30 PM] Blockchain protocol Algorand (ALGO) has expanded its footprint in India by securing new partnerships with NASSCOM, India's trade body and chamber of commerce for the tech industry, T-Hub, a prominent innovation hub, and the Mann Deshi Foundation…

U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas

[Nov 29, 2023 1:57 PM] The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the government unprecedented enforcement and sanctions authority over the crypto sector, including the ability to roam well beyond American borders…

IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi

[Nov 29, 2023 12:21 PM] Native token of the Iota ecosystem [IOTA] jumped 35% Wednesday on news about registering a development foundation in Abu Dhabi.

Hull City Sponsor Tomya Crypto Exchange Embroiled in Turkey Fraud Scandal

[Nov 29, 2023 9:58 AM] The owner of Tomya was among 25 people detained in Turkey as the country prepares new crypto legislation.

Crypto Mixer Sanctioned by U.S. Treasury for North Korea Allegations, as FBI, Dutch and Finnish Police Seize Website

[Nov 29, 2023 9:48 AM] The U.S. Treasury Department's Office of Foreign Asset Control listed two crypto addresses tied to Sinbad, a mixing service, in its latest sanctions list.

Bitcoin Group Addressing 'Serious Deficits' in Money Laundering Measures Flagged by German Regulator

[Nov 29, 2023 6:35 AM] The group reportedly said Wednesday that it has "no indications of violations of money laundering and terrorist financing laws."

Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says

[Nov 29, 2023 5:54 AM] But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.

UK to Hit Crypto Users With Penalties for Unpaid Taxes

[Nov 29, 2023 4:46 AM] The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.

Central Bank Project Shows CBDC Payments Can Be Private

[Nov 29, 2023 3:29 AM] The project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the BIS initiative said.

Binance's Future and Other Questions Post-Settlement

[Nov 28, 2023 10:45 PM] Binance is paying literally billions of dollars and giving the U.S. government unfettered access to its books, while its founder and former CEO Changpeng Zhao is looking at maybe a year and a half in federal prison. But Binance the exchange is…

Fiery Public Hearing on Digital Euro Sees Experts Diverge on Key Issues

[Nov 28, 2023 12:46 PM] Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.

Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report

[Nov 28, 2023 11:26 AM] The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.

Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs

[Nov 28, 2023 10:15 AM] The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.

Changpeng 'CZ' Zhao Steps Down From Binance.US Board

[Nov 28, 2023 10:11 AM]

Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says

[Nov 28, 2023 9:27 AM] A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.

Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB

[Nov 28, 2023 4:55 AM] A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."

EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy

[Nov 28, 2023 4:25 AM] The European Parliament's Committee on Internal Market and Consumer Protection calls for the bloc to shape virtual worlds according to EU values.

TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams

[Nov 28, 2023 12:45 AM] Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation.

Binance Founder CZ Stuck in U.S. for the Moment

[Nov 27, 2023 1:05 PM] A district judge ordered Changpeng "CZ" Zhao to stay in the U.S. until he could make a proper ruling on a U.S. Department of Justice motion to block him from returning to his home in the UAE.