A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is sl...
Tag: Regulation
What’s next for Bed Bath & Beyond after defaulting on its loans?
Troubled home-goods retailer Bed Bath & Beyond Inc. disclosed in a filing Thursday that it was in default on loans that have been called in, sending its stock plunging. The filing comes just three...
SEC bats down ARK’s and 21Shares’ second bitcoin ETF proposal
The Securities and Exchange Commission has rejected a spot bitcoin exchange-traded fund proposed by ARK Investment Management and 21Shares. The decision marks the second time ARK and 21Shares ...
CFTC’s Johnson makes a call to action following FTX fallout
Commodity Futures Trading Commission Commissioner Kristin Johnson is advocating for the agency to introduce new cryptocurrency rules while also calling on Congress to enhance the agency’s authority. ...
Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon – Op-Ed Bitcoin News
You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you re...
French senators vote to ease crypto licensing regulation
The French National Assembly voted in favor of rules that will ease licensing requirements for crypto firms, offering a sigh of relief for the industry. Lawmakers opted for an amendment proposed...
Blockchain.com’s Chief Compliance Officer joins crypto exchange Kraken
Crypto exchange giant Kraken has hired C.J. Rinaldi as its chief compliance officer. Rinaldi joins Kraken after working at the crypto services firm Blockchain.com as its chief compliance office...
This U.S. State Takes New Step For Crypto Regulation
Following the alleged co-mingling of funds at the defunct cryptocurrency exchange FTX and its associated financial firm Alameda Research, which resulted in significant losses for customers — the chief...
Aussie Minister: No need to Set Up Separate Regulation for Crypto
An Australian minister said it’s unnecessary to set up a different regulation for crypto. Stephen Jones argued that crypto should be considered financial products under the law. A blockchain attorney ...
Australian crypto executives urge caution on regulation
Following recent remarks made by Australia’s assistant treasurer on the subject, cryptocurrency executives in Australia have cautioned against grouping all digital assets into the same category ...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance – Regulation Bitcoin News
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. ...
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says – Regulation Bitcoin News
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensu...
NYDFS Releases Guidance on Importance of Segregation and Separate Accounting for Customer Funds in Crypto Industry – Regulation Bitcoin News
On Monday, the New York Department of Financial Services (NYDFS) published guidance on custodial structures to help protect customers’ money if a crypto firm goes bankrupt. New York’s top financial re...
Ripple’s Lawyer Deaton Says Crypto Regulation Is Not Coming to the U.S
John Deaton tweeted that Q1 or Q2 of 2025 is likely the earliest the regulation could get done. Deaton added that the crypto industry must come together to fight the SEC’s enforcement only policy. The...
Hellbiz hires same company used by Genius Group to combat illegal short selling
Shares of Hellbiz Inc. HLBZ, +109.13% soared 41.3% in midday trading Monday, and have more than doubled in two days, after the e-scooters and e-bicycles provider said it hired Shareholder Intelligence...
Crypto Attorney Says Crypto Regulation is Not Coming to the U.S. ! Here’s Why
As the ripple-SEC litigation progresses, crypto lawyer and XRP amicus curiae John Deaton has said that U.S. crypto regulation is not on the horizon. According to Deaton, there is little chance of reas...
IMF Recommends 5-Point Crypto Regulation Scheme
As global influencers rubbed elbows at Davos, the IMF issued recommendations for crypto to global regulators. Depending on who you ask, crypto regulation could hurt the industry or open up vast new ma...
Securities and Exchange Commission’s ‘regulation by enforcement’ is stalling crypto, Grayscale CEO says in WSJ
Grayscale Investments CEO Michael Sonnenshein bashed the Securities and Exchange Commission’s “one-dimensional approach of regulation by enforcement” in a letter to the Wall Street Journal. “Th...
Crypto Advertisements Face Regulation in South Africa
South Africa has announced specific rules for crypto advertisements to protect investors, with advertisers being told they must disclose the risks associated with crypto. During the peak of the bull m...
Verb Technology joins Genius Group and Helbiz in going after naked short sellers
Verb Technology Co. Inc. VERB, +76.69%, a provider of interactive video-based sales apps, has become the latest small-cap company to announce plans to address naked short selling of its stock, among s...
Former SEC Chief calls ‘Regulation by Enforcement’ catchphrase a nonsense
Former SEC Chief lambasts “cryptocurrency lobbyists” for labeling SEC enforcement actions as “regulation by enforcement.” Besides, courts have upheld a broad array of SEC cases involving crypto-relate...
Powell Says the Fed Isn’t a ‘Climate Policy Maker.’ What That Really Means.
Text size Federal Reserve Chairman Jerome Powell said the Fed is not “and will not be, a ‘climate policy maker.’” Kevin Dietsch/Getty Images About the authors: David Arkush is director of Public Citiz...
Sensible Crypto Regulation isn’t Coming Soon, Deaton “Triple Dares” Congress To Prove Him Wrong
Deaton does not see any rational cryptocurrency regulations passed anytime soon. XRP community attorney John Deaton has made a statement about cryptocurrency regulations in the United States. In a twe...
Former SEC chief blasts ‘bogus’ catchphrase: ‘Regulation by Enforcement’
A former Securities and Exchange Commission (SEC) official has slammed “cryptocurrency lobbyists” for labeling SEC enforcement actions as “regulation by enforcement” — calling ...
Debt-Ceiling Crisis: What Could Happen, According to History
The White House and Congress are locked in a standoff, once again, over whether to raise the debt ceiling—the legislative limit on the total amount of money the federal government is authorized to bor...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...