Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Overall, Binance has been approved to operate in 15 jurisdict...
Tag: Regulation
IRS says ‘Tax Day’ will be different this year — put these important tax dates on your calendar
It’s not too early to start thinking about your 2022 income-tax return, if you can bear the thought. That’s because the tax-filing season is scheduled to start on Monday, Jan. 23, the Internal Revenue...
China Is Opening Fast. Don’t Miss the Rebound for Stocks.
Chinese authorities’ abrupt pivot away from zero-Covid policies has been matched by the quick shift in investor sentiment about Chinese stocks from the bearishness of the past year. As the world’s sec...
Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case – Regulation Bitcoin News
A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaki...
Despite SEC Objection, Court Greenlights Billion-Dollar Asset Purchase Deal Between Binance US and Voyager – Regulation Bitcoin News
The asset purchase agreement between Binance US and bankrupt crypto lender Voyager Digital has reportedly received initial court approval despite objections from various regulators, including the U.S....
UK Lord demands crypto regulation as addition to financial bill
After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. The move was in response to the Financial Services and Markets Bill (FSMB), whi...
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’ – Regulation Bitcoin News
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could...
If There Is A Recession In 2023, Some Cities Could Take A Decade To Recover
NEW YORK, NEW YORK – SEPTEMBER 08: A person wearing a protective face mask walks by a going out of … [+] business sign displayed outside a retail store in midtown as the city continues Pha...
Brazilian Cryptocurrency Law Likely to Be Reviewed by Lula’s Government – Regulation Bitcoin News
The recently approved Brazilian cryptocurrency law will likely be reviewed and revised by the newly inaugurated government of Luis Inacio “Lula” Da Silva. According to statements made by the former ra...
El Salvador one step closer to bitcoin bonds after law passage
El Salvador’s Legislative Assembly approved a law on the issuance of digital assets, paving the way for bitcoin bonds that have been championed by President Nayib Bukele. The new law estab...
US Arrests ‘Mutant Ape Planet’ NFT Creator in $3M ‘Rug Pull’ Scheme to Defraud Crypto Investors – Regulation Bitcoin News
The U.S. government has arrested and charged the creator of “Mutant Ape Planet” non-fungible tokens (NFTs) for allegedly defrauding crypto investors. “The purchasers were ‘rug pulled,’” the Depa...
House of Lords members call for crypto regulation beyond upcoming financial bill
The Financial Services and Markets Bill, which sweeps parts of crypto into financial regulation, came under scrutiny in the UK Parliament, where members of the House of Lords called for greater regula...
New Nigerian Central Bank Document Discusses Regulation of Stablecoins and ICOs – Bitcoin News
According to a recently unveiled document, the Nigerian central bank will in the future be open to developing a regulatory framework for potential implementations of stablecoins. The document also dis...
Hong Kong Reaffirms Commitment to Become Regional Crypto Hub – Regulation Bitcoin News
Hong Kong has reaffirmed its commitment to become a regional crypto hub in following the collapse of cryptocurrency exchange FTX. “As certain crypto exchanges collapsed one after another, Hong Kong be...
Crypto Regulation Knocking at the Door of Hong Kong and France
Hong Kong and France speed up the crypto regulation process while other countries also steadily move to regulate the asset class. The FTX collapse has pressured regulators globally to speed up on how ...
Metropolitan Bank Is Fleeing Crypto. Bitcoin Investors Should Be Worried.
Metropolitan Bank Holding (ticker: MCB), one of the earliest banks to delve into digital assets, says it’s closing out the part of its business that catered to crypto firms. It’s a development that sh...
Hong Kong set to enforce crypto regulation from June
Hong Kong’s Financial Secretary Paul Chan said that the government has completed its crypto regulation framework, which will come into effect in June 2023. Speaking at the POW’ER Web3 Summit on Jan. 9...
Binance Joins Association of Certified Sanctions Specialists – Regulation Bitcoin News
Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the larges...
Why a stock market obsessed with the Fed’s inflation fight should focus on Main Street jobs in 2023
Fortunes on Wall Street this year could hinge less on what’s happening to high-paid workers in San Francisco’s reeling technology sector and more on a familiar part of American life: the working class...
FTC’s proposed ban on noncompete agreements could have biggest impact on tech industry
Ryan Morrissey is a serial founder of software companies, having already launched three separate startups. Yet when he sold one of those companies, he had to sign an agreement to not start any more fo...
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies – Regulation Bitcoin News
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems fr...
Jim Cramer Expects SEC to ‘Do a Roundup’ of Uncompliant Crypto Firms — Urges Investors to Get Out of Crypto Now – Regulation Bitcoin News
The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep...
6 value stock picks for 2023 from successful money managers
Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inf...
Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors – Regulation Bitcoin News
The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the...
SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed t...
Opinion: Why a prominent Tesla investor wants Elon Musk to put him on the board
Ross Gerber is well-known in certain circles as a longtime Tesla Inc. investor, thanks to being a bullish voice on Twitter about the electric-vehicle company. As Tesla TSLA, +5.93% stock has plummeted...