Sam Bankman-Fried, the founder the recently failed FTX, lobbied for more digital asset regulations in February. Sam sought regulatory oversight by the CFTC instead of the SEC. This move is aimed at re...
Tag: Regulated
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity – Exchanges Bitcoin News
Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play...
Binance Strengthens Japanese Presence, Acquires a Locally Regulated Exchange
Crypto exchange Binance announced the acquisition of Sakura Exchange BitCoin (SEBC) for an undisclosed sum. The latter is a Japanese crypto exchange that is regulated by the country’s Financial Servic...
Binance acquires regulated crypto exchange in Japan
Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported. In an official pub...
How FTX acquired its position as the “most regulated” cryptocurrency exchange
Join Our Telegram channel to stay up to date on breaking news coverage Before it failed this month, FTX distinguished itself from a number of competitors in the highly unregulated crypto business by c...
New York Fed and leading banks start regulated liability network pilot
Leading global banks kicked off a 12-week pilot together with the New York Federal Reserve. The project was first reported by The Block. The so-called regulated liability network will se...
New York Fed, several big banks testing ‘regulated liability network’
The Federal Reserve Bank of New York is poised to unveil a proof-of-concept for “regulated liability networks” — an experiment around tracking and transmitting tokenized debt issued by an array of reg...
SERC Regulated MoonXBT Willing to Aid FTX with Emergency Liquidity
Advertisement     FTX is now trying to raise capital to save the troubled exchange after it experienced a liquidity crunch and had seen more than $5 billion in withdra...
The Regulated Crypto Exchange for Individuals or Businesses
Zonda has emerged as a large and well-regulated crypto exchange, becoming a major driver of crypto adoption. This success has also allowed it to become one of the biggest names in the crypto space. Ov...
Costa Rica Might Be the Next Country to Establish Bitcoin as Regulated Currency – Coinotizia
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to se...
Costa Rica Might Be the Next Country to Establish Bitcoin as Regulated Currency – Emerging Markets Bitcoin News
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to se...
UK Seeks to Recognize Bitcoin and Crypto as Regulated Financial Instruments
The United Kingdom has drawn a step closer to becoming one of the most recognized crypto hubs in the world as the House of Commons, the Parliament, passed the amendment to the Financial Services and M...
Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs
SEBA bank, a crypto-friendly bank in Zug, Switzerland, on Wednesday, announced the launch of an NFT custody solution that gives customers the ability to hold Non-Fungible Tokens (NFTs) without the has...
UK lawmakers votes to recognize crypto as regulated financial instrument
UK lawmakers in the House of Commons have voted to recognize crypto as a regulated financial instrument in the country. The proposal, which was introduced by Parliamentarian Andrew Griffith, received ...
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
The House of Commons, the Parliament’s lower house, met on Tuesday for a line-by-line reading of the proposed Financial Services and Markets Bill, which broadly covers the U.K.’s post-Brex...
Kazakhstan crypto mining sector to be regulated with a new bill
Join Our Telegram channel to stay up to date on breaking news coverage According to recent reports, the lower house of Kazakhstan’s parliament recently gave the green light to new bills that will brin...
Coin Metrics CEO: Big Banks ‘Want In’ on Crypto—When It’s More Regulated
As the cryptocurrency industry continues to evolve in an uncertain regulatory environment, several large banks are waiting for an opportunity to jump in. “There are more risk-averse firms in tra...
GAO: Crypto ATMs must be regulated to fight illegal cyber activities
Government Accountability Office (GAO), the government unit that audits and provides investigative services for Congress, attributes the proliferation of illegal cyber activities via the use of crypto...
Cardano Founder Says XRP Should Be Regulated as Commodity, Here’s Why
Yuri Molchan Charles Hoskinson clarifies his attitude towards the Ripple-SEC lawsuit, says XRP should be regulated as a commodity Contents “Most layer 1 protocols aren’t securities”, “they are c...
Binance Charts Regulated Course to New Zealand
New Zealand, with a population of 5 million, is considered a fintech pioneer by the exchange and its move there makes sense, Binance said Its expansion to the country follows its successful registrati...
Digital Euro should be borderless and regulated, says ECB president
European Central Bank (ECB) president Christine Lagarde has suggested that if the institution opts to unveil a digital Euro, it should be borderless to facilitate cross-border payments. According to ...
DeFi needs to be regulated ‘carefully and thoughtfully,’ says Fed chair Jerome Powell
U.S. Federal Reserve chair Jerome Powell urged lawmakers to be cautious when regulating decentralized finance (DeFi) while speaking at a roundtable conference organized by the central bank of France o...
Draft EU Law Could See NFTs Regulated as Securities: Law Prof
The European Union’s landmark and now-finalized Markets in Crypto Assets (MiCA) draft legislation asserts that NFTs sold as components of large collections possess little to no distinctively unique qu...
Regulated fintech in Bahrain enables crypto payments with Binance
Cryptocurrency adoption continues growing in the Kingdom of Bahrain, with local companies enabling payments in crypto like Bitcoin (BTC). EazyPay, an online payment platform regulated by the Central B...
FCA points out that FTX is not regulated in the UK
The UK’s Financial Conduct Authority (FCA) warns UK consumers about FTX, reminding them how it has not yet been regulated and therefore authorized for Saxons. UK: FCA warns against the FTX exchange Th...
Sam Bankman-Fried ‘Optimistic’ About Future Of Regulated Crypto
Billionaire crypto investor Sam Bankman-Fried said the U.S. administration would prepare rules for crypto within an year’s time. He had in fact expressed surprised over the efforts in the direction of...
Abra Launching First US Regulated Crypto Bank
Abra Bank will launch in the US during Q1 2023, with an international bank to follow “As a regulated licensed bank, it’s no longer my opinion [that matters] on transparency and public disclosures,” Ab...
Digital Assets Should be Regulated as Part of Banking Industry: Ex-Regulator
Experts in the financial industry are advocating for digital currency innovation and activities to be subsumed into the banking industry, a move that will let regulators permit their overall growth. A...
Australia’s Northern Territory to Incorporate Crypto Gambling into the Regulated Gambling Industry?
Northern Territory Racing Commission(NTRC) is in the consulting process with its gambling licensees. The commission is looking at a cautious proposal to integrate crypto gamble into the regulated gamb...
ECB Publishes New Guideline on Regulated Digital Asset Licensing
The European Central Bank (ECB) has issued new licensing guidelines for regulating digital assets, although it currently does not have a unified regulatory framework governing crypto-asset activities ...
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently – Bitcoin News
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, t...