The Brazilian Federal Police and the Brazilian tax authority have launched the final stage of “Operation Colossus,” a movement that has executed hundreds of court orders against cryptocurrency exchang...
Tag: Regulation
Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges – Regulation Bitcoin News
Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residin...
“Finalized” EU MiCA Crypto Regulation Seeks To Police NFTs And Algorithmic Stablecoins ⋆ ZyCrypto
Advertisement     A finalized text of the Markets in Crypto Assets (MiCA) legislation now seeks to bring Non Fungible Tokens (NFTs) and algorithmic stablecoins under i...
JPMorgan CEO Jamie Dimon Calls for Proper Regulation of Stablecoins
At a recent Congressional hearing, Jamie Dimon expressed support for proper regulation of stablecoins while castigating other crypto assets. According to JPMorgan chief executive Jamie Dimon, stableco...
Bank of Russia, Finance Ministry Agree on Crypto Mining Regulation, Law Expected Soon – Mining Bitcoin News
Major government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bi...
Court orders Brazil’s ‘bitcoin pharaoh’ to deposit $3.7 billion to pay back creditors: O Globo
A Rio de Janeiro federal court judge has ordered Brazil’s so-called “Bitcoin Pharaoh” Glaidson Acácio dos Santos to pay 19 billion Brazilian reais (nearly $3.7 billion) to a business court, with the a...
Binance sets up global advisory board to drive responsible regulation of crypto
Leading crypto exchange Binance has launched a Global Advisory Board to engage regulators worldwide to foster responsible regulation of the crypto industry. The board comprises experts ranging from a ...
The Fed raised rates — retirees and near-retirees should do this
Retirees have to watch their spending, especially after the Federal Reserve’s latest rate hike announced on Wednesday. For the third time in a row, the Federal Reserve said on Wednesday it would rais...
Hedge Fund Manager Cited Crypto Regulation to Create Another Bull Run
Former head of risk valuation at investment bank Credit Suisse, CK Cheng thinks the clarity over the regulations of crypto within the United States could result in a determined bull run in the crypto ...
Permitting Reform Needed At Every Level Of Government
HOUSTON, TEXAS – JUNE 15: Power-lines are shown on June 15, 2021 in Houston, Texas. The Electric … [+] Reliability Council of Texas (ERCOT), which controls approximately 90% of the power i...
Brace yourselves, the Fed is about to inflict ‘some pain’ to fight inflation — here’s how to prepare your wallet and portfolio
The Fed is ready to bring the pain. Are you prepared? Weeks ago, Federal Reserve Chair Jerome Powell cautioned there would be “some pain to households and businesses” as the central bank jacks up inte...
Thinking about a Roth conversion? If you have an IRA, consider this ‘bear market bonus’
If you’ve been thinking about converting a traditional IRA to a Roth IRA, here’s the good news: This year’s market turmoil may be giving you a golden opportunity to do it. That’s because the stocks an...
IMF calls for coordinated approach to global crypto regulation
The international monetary fund (IMF) has called on regulators worldwide to work toward a coordinated effort to regulate the crypto market, as its effect has a far-reaching impact on global economies....
Coinbase CEO Brian Armstrong Says Crypto Regulation Is a National Security Issue – Here’s Why
Coinbase chief executive Brian Armstrong thinks crypto regulation is a matter of national security for the United States. Armstrong says it’s critical for the US to pass crypto regulations that foster...
Crypto ‘staking’ likely to prompt regulation, says Ava Labs’ John Wu
Regulatory spotlight on cryptocurrencies could be increased with the US Securities and Exchange Commission (SEC) tightening its crackdown in light of crypto staking, Ava Labs President John Wu says. T...
Bitcoin (BTC) Will Win The Battle Of Regulation
Michael Novogratz, the chief executive officer of Galaxy Investment, is not too worried about the regulatory pressure around Bitcoin (BTC). The crypto investor has been a strong advocate of Bitcoin fr...
Sanctions against crypto mixers can deter financial crimes
Sanctions against cryptocurrency mixers like Tornado Cash can strengthen the United States’ sanctions regime against Russia and other illicit actors, and can serve as a deterrent to criminals that wou...
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules – Regulation Bitcoin News
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are pre...
FTX CEO Sam Bankman-Fried Says Regulation Could Prevent Next Crypto Contagion
FTX chief executive Sam Bankman-Fried says that more stringent regulatory policy might be what prevents the next 2022-style crypto meltdown. In a new interview on the FTX Podcast, the crypto billionai...
Why Alibaba Stock Is an Exception to Goldman’s US Market Preference
Text size Alibaba and other Chinese tech stocks have been battered since the beginning of last year. Qilai Shen/Bloomberg Chinese tech stocks have taken a beating since many hit all-time highs in earl...
Australia’s Liberal Party Senator Andrew Bragg Floats Crypto Regulation Bill – crypto.news
Australian Senator, Andrew Bragg has introduced the Digital Assets (Market Regulation) Bill 2022. The draft bill seeks to foster consumer protection and curb risks by making it mandatory for market pa...
US Sentences Promoter of $3.4B Bitconnect Crypto Ponzi Scheme to 38 Months in Prison – Regulation Bitcoin News
The U.S. has sentenced a Los Angeles man to 38 months in federal prison for his role in the $3.4 billion Bitconnect crypto Ponzi scheme. He admitted to earning no less than $24 million from the scam, ...
The crypto industry can trust Cynthia Lummis to get regulation right
As the world waits to see America’s take on cryptocurrency regulation, crypto enthusiasts should keep one thing in mind: The industry can trust Senator Cynthia Lummis. Her proposal with Senator Kirste...
Australian Senator Calls for Urgent Stablecoin and Digital Yuan Regulation
Andrew Bragg – an Australian Liberal Senator for New South Wales – drafted a bill that could put the local cryptocurrency sector under strict supervision. If accepted, the legislation will require dig...
SEC Orders Crypto Firm to Pay Harmed Investors $35 Million — Charges Influencer Ian Balina – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has ordered crypto firm Sparkster and its CEO to pay $35 million into a fund for distribution to harmed investors. The securities regulator also charg...
Australian Senate To Discuss New Crypto Regulation Bill
Use cases for crypto and digital assets have been on a steady rise for the past couple of years, and the growth in terms of adoption of these technologies has prompted governments across to globe to m...
Retired Couple Wins $5.2 Million Award From UBS Over YES Strategy
Two retirees won a $5.2 million arbitration award against UBS , which they accused of misrepresentation, unsuitability, and breach of fiduciary duty with regard to a complex options-trading strategy. ...
If you’re selling stocks because the Fed is hiking interest rates, you may be suffering from ‘inflation illusion’
Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost univer...