Former FTX CEO Sam Bankman-Fried has a hearing date in Texas. The Texas State Securities Board wants Bankman-Fried to testify on Feb. 2 in response to an enforcement action issued today alleging...
Tag: Regulation
Christine Lagarde Reiterates Need for Crypto Regulation
Join Our Telegram channel to stay up to date on breaking news coverage The President of the European Central Bank, Christine Lagarde, has advocated for regulations and supervision in the crypto sector...
Israel’s Chief Economist Introduces New Guidelines for Crypto Regulation
2 hours ago | 2 mins read Editors News Shira Greenberg proposes an extensive regulatory framework to oversee the crypto industry. Israel should strengthen assurance and protection to the investors, as...
Ripple general counsel calls BlockFi bankruptcy another success for SEC’s ‘regulation by enforcement’ approach
Ripple general counsel Stuart Alderoty described BlockFi’s bankruptcy as another success for the U.S. SEC and its regulation-by-enforcement approach. Another SEC “regulation by enforcement” success st...
Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall – Regulation Bitcoin News
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of cont...
Israel’s chief economist lays out recommendations for crypto regulation
Israel’s chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption. In a 109-page ...
Fed’s shrinking of balance sheet via quantitative tightening is ‘a complete mistake,’ says Mizuho
The Federal Reserve’s attempt at shrinking its balance sheet through so-called quantitative tightening, or QT, is “a complete mistake,” according to Mizuho’s chief economist for the U.S. “There is a ...
Calls for regulation get louder as FTX contagion continues to spread
Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hour...
JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse – Regulation Bitcoin News
JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initia...
Lummis casts doubt on Bankman-Fried-backed bill, plugs own solutions
In light of the FTX collapse, Sen. Cynthia Lummis, R-Wyo., sees a brighter future for her signature crypto legislation in the next congressional session. While noting that little action in Congr...
Binance CEO Changpeng Zhao Makes Prediction on Crypto Regulation: Report
Binance CEO Changpeng Zhao reportedly says the world’s governments should regulate the digital asset industry instead of opposing it. Reuters reports that during a speech at a Binance event in Athens,...
Lagarde calls for broader crypto regulation following FTX collapse
European Central Bank President Christine Lagarde called for more crypto regulations following the collapse of crypto exchange FTX, and cast doubt on the broader digital asset market. The “stab...
CFTC chair defends bill that FTX’s Bankman-Fried also backed
Commodity Futures Trading Commission Chairman Rostin Behnam defended legislation backed by both himself and former FTX CEO Sam Bankman-Fried, arguing on Monday that if his agency gains authority over ...
Crypto Regulation & Need for Self-Policing in the Industry
16 seconds ago | 2 mins read Bitcoin News Billionaire Bill Ackman shared his thoughts on crypto-related topics. The billionaire has warned that the crypto industry must self-police or risk being shut ...
JP Morgan believes regulation will lead to convergence of crypto, TradFi
Wallstreet banking giant JP Morgan & Chase believes there are significant changes coming to the crypto industry in 2023 in the form of regulation, which will likely cause a convergence between cry...
Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry – Regulation Bitcoin News
Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the countr...
Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down – Regulation Bitcoin News
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space ...
Audit Standards Overseer Also Backs Startups
Listen to article (2 minutes) An accounting trade body has invested in audit-related tech startups, while setting auditing standards and overseeing millions of audits—prompting concerns within the ind...
Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight
A U.S. unit of South Korea’s Shinhan Financial Group has agreed to bolster the oversight of its anti-money-laundering program as part of a settlement with the Federal Deposit Insurance Corp. Shinhan B...
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies – Regulation Bitcoin News
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried ...
Most Governments Understand Crypto Adoption Will Happen Regardless – Regulation Bitcoin News
Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it...
State Securities Regulators Probe Crypto Lender Genesis – Regulation Bitcoin News
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that...
SEC Chair Gensler Criticized for Crypto Regulation Approach
US Congressman Tom Emmer criticized the Securities and Exchange Commission chair, Gary Gensler, on his approach toward the regulation of the cryptocurrency industry. According to Emmer, lawmakers have...
Binance U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse
The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt lender Voyager Digital following the collapse of FTX, which in September won an auction for the comp...
Singapore Regulator Explains Action Against Binance vs FTX — Warns Even Licensed Crypto Exchanges Can Fail – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS), the regulator overseeing the crypto sector, has defended the action it took against crypto exchange Binance and not the collapsed crypto platform FTX. The ce...
As crypto grows across Africa, IMF asks for greater regulation
According to a blog post published by a worldwide organization on November 22nd, the International Monetary Fund (IMF) is advocating for more regulation of crypto exchanges in Africa, which is one of ...
Apple iPhone wait times have doubled in 4 weeks to 38 days, UBS says
It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have caused wait times to double over the past four weeks, according to UBS research. As a result, i...
IMF calls for tighter crypto regulation in Africa as the industry unfolds
The International Monetary Fund (IMF) is calling for increased regulation of Africa’s crypto markets, one of the fastest-growing markets in the world, the global institution blog reported on Nov...
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts – Regulation Bitcoin News
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement s...
These money and investing tips can help your portfolio sail through December
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS The only thing investors have ...