The European Union (EU) is planning to create a sixth “Anti-Money Laundering Authority” that will be specifically responsible for regulating the cryptocurrency industry. While the Markets in Crypto As...
Tag: Oversight
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Coinotizia
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank ...
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Regulation Bitcoin News
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank ...
CFTC Oversight Over Crypto Likely To Spur Further Mass Adoption ⋆ ZyCrypto
Advertisement     A new bill that gives the United States Commodities and Futures Trading Commission oversight over the crypto industry could encourage more investors ...
Senate Bill Would Give CFTC ‘Exclusive Oversight’ of Bitcoin and Ethereum
A bill introduced by a Senate committee would grant the Commodity Futures Trading Commission “exclusive oversight” over what it defines as a “digital commodity.” The Digital Commodities Consumer Prote...
US Senate Bill Proposes to Empower CFTC to Oversight Tokens & Digital Assets
On Wednesday, a group of Democratic and Republican members on the Senate Agriculture Committee introduced a bill that aims to give the Commodity Futures Trading Commission (CFTC) authority over the ma...
US Senate Bill Will Give CFTC Crypto Market Oversight – but Doesn’t Say How Much
“Right now, there’s really a patchwork of state regulations and no federal agency to conduct oversight over the cryptocurrencies, and we know that needs to change,” said Sen. Debbie Stablenow (D...
The House Maloney AR-15 Gun Hearing Today Is Big News
The House committee hearing rosy, chaired by Rep. Carolyn Maloney, on AR-15 makers, is big news. She chairs the House Oversight Committee, the House’s most powerful investigative body. Two of three AR...
FTX’s Sam Bankman-Fried Urges ‘Federal Oversight of Crypto’
Since the United States Securities and Exchange Commission (SEC) published a memo christening as many as nine different tokens listed on Coinbase Global Inc as securities, the entire industry has seen...
FTX’s SBF Seeks Federal Oversight On Crypto After Coinbase Incident
The U.S. Securities and Exchange Commission (SEC) has been a target of many crypto leaders and experts over its consideration of the nature of a “Token”. However, FTX Chief, Sam Bankman-Fried also exp...
‘Bitcoin Senator’ Lummis Says Her Crypto Bill Leaves Most SEC Oversight Intact
When Sen. Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) introduced their bipartisan Responsible Financial Innovation Act at the start of June, it was widely seen as as policy that would undercut...
PLTR Stock May Have ‘Opportunity’ In Facial Recognition Oversight, Says BofA
Palantir Technologies (PLTR) may benefit if the federal government steps up oversight of data collected from facial recognition technology systems, an analyst said Tuesday. PLTR stock surged as the Na...
SEC is Developing a Dossier to Harmonize Cryptocurrency Oversight
Jun 27, 2022 at 09:52 // News US Security and Exchange Commission (SEC) Chair, Gary Gensler, recently revealed that the commission is working on a dossier for cryptocurrencies. The main goal of the pl...
Senate Bill Would End SEC’s Oversight of Most Crypto, Create $200 Tax Exemption
The Security and Exchange Commission would lose its authority to regulate a broad swath of the crypto market, including the 200 most valuable cryptocurrencies, under a bipartisan bill unveiled on Tues...
In the wake of Terra’s collapse, South Korea plans new crypto oversight committee: Report
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its creator, was the most concerned country of them all. A...
FinCEN Needs More Oversight But Congress Needs To Fix The Bank Secrecy Act
Natalie Edwards leaves Federal court Wednesday, Jan. 30, 2019, in New York. Edwards, a senior … [+] official at the department’s Financial Crimes Enforcement Network, also known as FinCEN,...
House Democrats ask Environmental Protection Agency for more crypto oversight
In a letter sent Thursday to the Environmental Protection Agency (EPA), a group of US House Democrats called for increased oversight of proof-of-work mining. Legislators asked the agency to investigat...
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts – Bitcoin News
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-W...
South Korean President-Elect Contemplates STO, IEO Route for Virtual Oversight
A South Korean daily has revealed that the Presidential Transition Committee is considering the issuance of Security Token Offerings (STOs) and Initial Exchange Offerings (IEOs) for the digital space....
‘Only a few’ cryptos should avoid SEC oversight, Chairman Gensler says
The vast majority of crypto tokens in circulation are securities that should be overseen by the Securities and Exchange Commission, Chairman Gary Gensler said in a speech Monday. “The fact is, most cr...
Singapore Tightens Regulatory Oversight On Virtual Asset Services Providers
Singapore Parliament has passed the Financial Services and Markets Bill on Tuesday, requiring virtual asset services providers, which do business overseas, to be licensed. The Monetary Authority of Si...
Nordstrom leadership reclaims oversight of struggling Rack business
Nordstrom Rack in downtown Seattle Getty Images Nordstrom on Monday announced it is streamlining leadership of its struggling Rack business with that of its full-line department stores, as two executi...
Better Oversight Will Attract New Money
Regulation will attract more conservative investors into the crypto space and help them become more confident in investing in novel technologies, says Daniele Casamassima, the CEO of Pure. Crypto regu...
How will Monero’s value shift after Biden unveiled a Benign crypto oversight?
Monero XMR/USD is a cryptocurrency that’s specifically focused on private and censorship-resistant transactions. The technology which makes this functionality available is known as RingSignatures, whi...
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils – Regulation Bitcoin News
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digit...
European Union To Grant Crypto Oversight to New AML Watchdog: Report
The European Union is reportedly planning to grant a new financial watchdog the responsibility of overseeing the crypto industry’s anti-money laundering and associated risks, per Bloomberg. Per Bloom...