Crypto.com has paid millions to sponsor Formula One. When the event comes to Singapore later this month, that could mean a lot of empty space. The company has been part of a drive by cryptocurrency fi...
Tag: Regulation
U.S. SEC Chair Gary Gensler Backs CFTC Regulation of Crypto
United States Securities and Exchange Commission (SEC) chairman Gary Gensler said at an industry conference on Thursday that he would support the bipartisan effort to bring cryptocurrency regulation u...
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill – Regulation Bitcoin News
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loopho...
US SEC Sets Up Dedicated Office to Review Crypto Filings – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized...
‘We’re not giving crypto a pass,’ says SEC’s enforcement chief
The Securities and Exchange Commission is going to continue to aggressively pursue enforcement actions against crypto companies, its lead enforcer told a legal conference in Washington on Sept. 9. &#...
Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the glo...
Gensler’s Move Towards CFTV Regulation Is Welcome Sign but Industry Deserves Long-Term Vision
HodlX Guest Post Submit Your Post Yesterday, at an industry conference, the Securities and Exchange Commission chairman Gary Gensler said that he looked forward to working with legislators on Capit...
Senators introduce the next retirement savings proposal – the EARN Act
The EARN Act is the latest addition to the lineup of proposals legislators have put forth to bolster retirement savings. Senators Ron Wyden, a Democrat from Oregon, and Mike Crapo, a Republican from ...
Nursing homes suing caregivers for debts they don’t owe, regulator says
Nursing homes and debt collectors are billing and suing long-term-care residents’ family members and friends, demanding payments for debts these individuals don’t legally owe, consumer attorneys and f...
Indian FM Sitharaman To Discuss Crypto Regulation With IMF Chief
Nirmala Sitharaman, finance minister of India discussed the significance of crypto regulation with the managing director of the International Monetary Fund (IMF) Kristalina Georgieva. India has long f...
With inflation, many retirees will pay more federal income taxes
The federal income tax is generally indexed for inflation. Most particularly, the income brackets to which the marginal tax rates apply are increased in line with the “Chained CPI-U.” While the chaine...
‘We need legislation’ on stablecoins
Stablecoins should be “appropriately regulated” to play a role in the financial system, Federal Reserve Board Chair Jerome Powell said on Thursday. “We need legislation on this,” Powell said. “There i...
Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement – Regulation Bitcoin News
Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the R...
SEC has been ‘clear’ on cryptocurrencies
Gary Gensler is not backing down from the crypto industry. “Of the nearly 10,000 tokens in the crypto market, I believe the vast majority are securities,” Gensler said, reiterating the SEC’s st...
Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments – Regulation Bitcoin News
A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in M...
Coinbase backs lawsuit aimed at Treasury’s Tornado Cash sanctions
Several employees of leading crypto exchange Coinbase are filing suit to roll back last month’s Tornado Cash sanctions. Coinbase itself is financially backing the suit. The lawsuit centers on a...
U.S legislators remain split on crypto regulation. Should investors be worried?
What a crazy day it’s been for the crypto community. Since the start of the most severe crypto winter, crypto regulation has been all anyone can talk about. The crypto market had shown signs of improv...
‘These are not laundromat tokens.’ SEC chief sends warning to crypto industry
Gary Gensler had strong words for the crypto industry in a Thursday speech, telling an audience of lawyers that the “vast majority” of the nearly 10,000 existing crypto tokens are securities, being is...
Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry – Regulation Bitcoin News
Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. Accordin...
Judge in MTI Liquidation Case Issues Order Designating Bitcoin an Intangible Asset – Regulation Bitcoin News
A judge in the collapsed online bitcoin trading platform Mirror Trading International’s liquidation case has issued a provisional liquidation order that outlines the criteria to be used when reimbursi...
Crypto Regulation Is Not So Complex, Crypto Skeptics Say
Speakers at Monday’s “Crypto Policy Symposium,” a gathering of cryptoskeptics, or “nocoiners,” dismissed the common calls for “regulatory clarity” from crypto proponents as a “distraction.” Regulation...
Saudi Arabia’s Central Bank Hires Virtual Assets and Digital Currency Program Lead – Regulation Bitcoin News
The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and digital currency project. The emergence of the United Arab Emirates (UAE) as the ...
Crypto Assets Become More Mainstream as Hedges Against Weak Currencies, Potential Payment Instruments – Regulation Bitcoin News
The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential pa...
Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Coinotizia
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor ...
The world’s securities law watchdog is scrambling to create ‘common standards’ for crypto
Never has the question of how securities laws should apply to cryptocurrency been more urgent. That’s the view of Lim Tuang Lee, assistant managing director, capital markets for the Singapore Monetary...
Brazilian SEC Seeks Adjustment to Crypto Regulation
The Brazilian Securities and Exchange Commission (SEC), also known as CVM, is pushing for adjustments to the legal framework of the crypto market in the country. According to local news, there is a di...
Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation – Markets and Prices Bitcoin News
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor ...
US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It – Regulation Bitcoin News
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works...