Most people are still new to investing in I-bonds, and so it’s not surprising that they have a lot of questions about the basics. As a new year begins, the situation is even more complicated by strate...
Tag: Regulation
Jim Cramer Thanks SEC Chairman for Standing up to ‘Crypto Bullies’ Seeking Spot Bitcoin ETF Approval – Regulation Bitcoin News
The host of Mad Money, Jim Cramer, has thanked Securities and Exchange Commission (SEC) Chairman Gary Gensler for standing up to the “crypto bullies” who want the regulator to approve a spot bitcoin e...
Put Crypto Regulation in the Proper Perspective: Ripple CEO
Brad Garlinghouse said the crypto industry is performing well despite recent challenges. The Ripple CEO asked for a proper distinction between crypto problems and fraud. Garlinghouse praised the UAE f...
UAE to Implement Relevant Regulation to Support Crypto Growth
Editors News The UAE seeks to expand into a welcoming center for cryptocurrencies. UAE Cabinet announced a label rule and an independent regulating body for virtual assets. Thani Al-Zeyoudi, the UAE’s...
Nothing Outlaws Crypto in India if Legal Procedures Are Followed, Says Government Official – Regulation Bitcoin News
An Indian government official says that there is currently nothing that outlaws crypto in India “as long as you follow the legal process.” Meanwhile, the country’s central bank, the Reserve Bank of In...
How New Jersey’s Potential NFT Regulation Can Set Poor Precedent
For the first time, we’re seeing an individual U.S. state (in this case, New Jersey) pursue NFT-specific regulation in what is bound to be a messy situation. A state bill, titled the ‘Digital Asset an...
IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance – Regulation Bitcoin News
An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and tr...
Genius Group CEO on why his company is fighting back against naked short sellers — and it’s not alone
“It’s like being robbed in a library, but you can’t shout ‘Thief!’ because there are ‘Silence, please’ signs everywhere.” That’s how Roger Hamilton, chief executive of Genius Group Ltd. GNS, +55.02%, ...
Nearly $700 million of Bankman-Fried’s assets seized by Feds: CNBC
Federal prosecutors this Friday took $697 million worth of cash and assets primarily made up of Robinhood shares from former FTX CEO and founder Sam Bankman-Fried, court documents show. Prosecu...
Trump and lawyer Habba fined $1 million over ‘frivolous’ suit against Hillary Clinton
NEW YORK (AP) — A Florida judge sanctioned former President Donald Trump and one of his attorneys, ordering them to pay nearly $1 million for filing what he said was a bogus lawsuit against Trump’s 20...
SEC charges Avraham Eisenberg for $116 million Mango Markets exploit
The U.S. Securities and Exchange Commission charged Avraham Eisenberg, who is known as Mango Avi, with orchestrating an attack on Mango Markets and draining $116 million from the crypto trading platfo...
Hellbiz stock skyrockets after following Genius Group’s example of investigating illegal short selling
Shares of Hellbiz Inc. HLBZ, +70.76% skyrocketed 143.3% toward a three-month high on massive volume in morning trading Friday, after the New York-based e-scooters and e-bicycles provider said it was e...
Genius Group stock up another 52% in premarket trade Friday in heavy volume
Genius Group Ltd. stock GNS, +91.00% rallied another 52% in premarket trade Friday, extending its prior-day gains after the Singapore-based education company announced it had appointed a former F.B.I....
Should you add $30,000 to your retirement with an after-tax auto Roth conversion?
If you are saving up to the employee limit in your workplace retirement accounts and looking to add more, you’ll be glad to hear that employers are making it easier than ever to make extra after-tax c...
Ripple (XRP) CEO Explains Crypto Regulation ‘Misnomer’ At Davos
Ripple (XRP) News: Ripple CEO Brad Garlinghouse had on Thursday spoke at length about the state of crypto regulation in various parts of the world. Garlinghouse stressed on the importance of finding t...
Banking Panel Reinforces the Need for Crypto Regulation – Bitcoin News
A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets. The panel agreed ther...
CFTC’s opinion on the regulation of the digital assets market
Following the relaunching of the Global market Advisory committee, it happens to be the Commodity Futures Trading Commission (CFTC) has decided to gather all of its attained knowledge and experience t...
Ripple CEO ‘Optimistic’ About SEC Lawsuit Over XRP — Says ‘I Feel Very Good About Where We Are’ – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse says that he is “optimistic” that the Securities and Exchange Commission (SEC) lawsuit over xrp “will certainly be resolved in 2023.” He added that it could even be resolv...
Nexo pays $45 million to settle SEC and state charges for failing to register lending product
Nexo agreed to pay $45 million to federal and state agencies after being charged by the Securities and Exchange Commission for failing to register the offer and sale of its retail crypto asset lending...
Looking to run a blockchain app in a US-regulated state? Maybe consider New Hampshire
New Hampshire is ramping up to play a leading role in blockchain technology following the release of a final report with recommendations to devote resources to establish legal regimes to attract innov...
Genius Group names ex-FBI official to head task force to investigate illegal trading of stock, to pay special dividened
Genius Group Ltd GNS, +241.74%, an edtech and education group, said Thursday it has appointed Timothy Murphy to lead a task force investigating alleged illegal trading in its stock that it first discl...
New FTX CEO says the crypto exchange could be restarted: WSJ
Update: Former FTX CEO Sam Bankman-Fried responded on Twitter to John Ray III’s plan to restart the exchange. “I’m glad Mr. Ray is finally paying lip service to turning the exc...
Global bankers push urgent regulation of Bitcoin
Several global central banks and regulators have utilized the ongoing World Economic Forum (WEF) summit in Davos to call for the urgent rollout of basic regulations targeting cryptocurrencies like Bit...
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos – Regulation Bitcoin News
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, My...
CFTC Commissioner Wants Industry Standard Regulation For Crypto
CFTC Commissioner Caroline Pham has called for global industry standards in crypto regulation. She has called on regulatory agencies to provide better clarity and guidance to the crypto industry in 20...
Thailand Issues New Regulations on Custodied Cryptocurrencies – Regulation Bitcoin News
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital w...
South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools – Regulation Bitcoin News
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact of the crypto market on the traditional financial system is stil...
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight – Regulation Bitcoin News
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion...
O’Leary says regulation will help crypto markets
Late last year, the collapse of FTX blasted markets, with many famous crypto personnel producing statements and predictions regarding the situation. In a recent interview with Kitco news on youtube, r...
EU Delays Crypto Regulation Citing Translation Issues
Considering the recent FTX collapse that triggered higher volatility in the crypto market, the world’s jurisdictions are revamping their crypto regulation framework. The EU remains at the end of the r...