Sam Bankman-Fried drew serious flak from stalwarts and individual players involved in the blockchain and cryptocurrency arena. However, this incident occurred post the declaration announcing a proposa...
Tag: Regulation
Hong Kong Mulls Letting Retail Investors Trade Crypto, Removing ‘Professional Investor-Only Requirement’ – Regulation Bitcoin News
The director of licensing and head of the fintech unit of Hong Kong’s Securities and Futures Commission (SFC) has confirmed that the regulator is considering allowing retail investors to invest direct...
New IRS tax brackets and standard deduction could save families hundreds or even thousands of dollars. Now, for the bad news.
In a time of rising costs, the Internal Revenue Service just raised income-tax brackets through new inflation adjustments for next year. It might feel tough sometimes to link the IRS with the concept ...
Daily Briefing: Regulation Sam – Crypto Briefing
Key Takeaways FTX CEO Sam Bankman-Fried released a lengthy set of regulatory proposals yesterday that have drawn the ire of the crypto world. While many of the recommendations are level-headed, critic...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – Regulation Bitcoin News
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Decla...
EU Financial Services Head Calls on the US To Create Global Crypto Laws and Regulation: Report
The Financial Services Commissioner of the European Union (EU) is reportedly urging the US to come up with crypto regulations that could apply globally. According to a new report by the Financial Time...
EU Commissioner Urges US to Create New Crypto Rules — Says ‘We Need to Look at Global Regulation of Crypto’ – Regulation Bitcoin News
The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislat...
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider – Regulation Bitcoin News
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asse...
Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity risks in an Oct. 12 speech published on Oct. 17. Barr stated that th...
What Kim Kardashian And Kanye West Can Tell Us About Financial Market Regulation
Hand is turning a dice and changes the direction of an arrow symbolizing that the value of the … [+] crypto currency Ethereum (ETH) is going up (or vice versa) getty The week after the Securitie...
EU Commissioner Urges For Global Crypto regulation
The post EU Commissioner Urges For Global Crypto regulation appeared first on Coinpedia Fintech News As per Financial Times, in the early hours, today, Oct 18, The European Commission’s financial serv...
Regulation is on the way, and crypto will be all the better for it
Join Our Telegram channel to stay up to date on breaking news coverage The ongoing debate over the need for a comprehensive U.S. regulatory framework to identify opportunities and risks in the rapidly...
Fintech Bill Approved and Ready to Be Sanctioned in Chile – Regulation Bitcoin News
A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the presid...
India to Discuss Crypto During G20 Presidency to Establish Tech-Driven Regulatory Framework, Says Finance Minister – Regulation Bitcoin News
India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or...
Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital – Regulation Bitcoin News
Regulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is comply...
Kevin O’Leary Predicts This Stablecoin Regulation Will Pump Crypto Prices
As the global crypto market struggles to surpass $1 trillion in cumulative market cap, Shark Tank star Kevin O’Leary believes that potential upcoming stablecoin regulations could be the next thing to ...
South Korean Prosecutors Seek Software to Track and Monitor Crypto Transactions – Regulation Bitcoin News
South Korean prosecutors investigating a $7.22 billion money laundering case are reportedly seeking to acquire virtual currency tracking software to be used in monitoring crypto transactions. South Ko...
Macau Discusses Bill That Proposes to Make Digital Currencies Legal Tender – Regulation Bitcoin News
Macau, one of China’s special administrative regions, recently concluded discussing a bill that seeks to make digital currencies legal tender, a report has said. The report also suggested that individ...
What bank earnings tell us about how consumers are doing with high inflation, recession worries — ‘It’s not a crack in current numbers’
For all the worries about inflation’s pinch and the chance of a recession, just-released earnings reports from big banks indicate the wallets of many regular Americans are generally holding up as they...
US Lawmaker Demand Crypto Regulation from The SEC
A U.S. Senator released a letter to the U.S. Chair on Digital Asset Regulation. He demands from the U.S. Chair to build prudent rules for further development in crypto. On Oct. 13 2022, a U.S. Senator...
Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons
Kroger has inked a deal with Albertsons to purchase the smaller grocery retailer for $24.6 billion. The acquisition will establish a national footprint “to serve America with fresh, affordable food,” ...
Tether Says It Has Ditched Commercial Paper. It’s a Good Sign for Stablecoins.
Tether said that it no longer holds commercial paper in its reserves, favoring U.S. Treasuries instead in a move that addresses worries about the quality of assets backing the world’s most popular sta...
US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’ – Regulation Bitcoin News
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital ...
There’s no rush to buy I-bonds
This week’s worse-than-expected inflation report led to turmoil in more than one market, but you only read about one of them. The market that got all the headlines was in stocks, since in the wake of ...
US lawmaker says crypto regulation from SEC is ‘needed now’
John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear rules” for the crypto mark...
Top 10 Cryptocurrencies At Risk: G20 Summit 2022 Regulation
The G20 Cryptocurrency regulation is around the corner. The idea of regulating cryptocurrencies goes against the very nature of digital assets. The blockchain technology is rooted in its integral char...
This U.S. pension plan faces a bigger crisis than the U.K.’s
Could the U.S. pensions behemoth be hit by the kind of crisis that just swept across the U. K.? Don’t bet on it, says ratings agency Fitch. This kind of turmoil is “unlikely,” it says. We can only add...