Russia indefinitely suspended natural gas flows to Europe via a key pipeline hours after the Group of Seven agreed to an oil price cap for Russian crude—two opposing blows exchanged between Moscow and...
Tag: Regulation
Europe Girds for Energy Market Turbulence After Russian Gas Cut
Listen to article (2 minutes) Governments in Sweden and Finland offered billions of dollars of guarantees to utilities to prevent a meltdown in energy trading when markets open Monday after Russia shu...
Compounding a disastrous year for Bitcoin and other cryptocurrency: IRS proposes controversial new question about digital assets
The Internal Revenue Service could have a potential head-scratcher of a question about your crypto investments and what’s taxable, according to a major accountants’ association. For two years, the IRS...
Brazilian SEC Will Change its Legal Framework of Crypto Regulation
The Brazilian SEC is planning to work on the definition of virtual assets. Reportedly, the agency will change the legal framework to the Brazilian crypto regulation. Crypto Framework Upgrade by Brazil...
Brazilian SEC seeks to change its role in cryptocurrency regulation
The Brazilian Securities and Exchange Commission is reportedly pursuing changes in the country’s legal framework with regard to its regulation of cryptocurrencies. According to local media, one...
Nvidia and AMD Stock Tumble as U.S. Limits Exports to China
Text size Nvidia’s A100 chips are used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip mak...
SEC Seeking Narrow Escape Over Crypto Regulation?
The U.S Securities and Exchange Commission (SEC) is trying to set out clarity over Crypto regulations by filing lawsuits against firms. In this bid, the SEC is seeking to score a win in the Virginia f...
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require – Regulation Bitcoin News
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses...
NewAge Says Cost of Internal Probe Contributed to Bankruptcy
NewAge Inc., a publicly traded seller of beverages, supplements and other health and wellness products, said its bankruptcy filing is due in part to the cost of an investigation into a potential viola...
Billionaire David Rubenstein Predicts Future Of Crypto Regulation
Billionaire businessman David Rubenstein said he is bullish on the crypto assets industry. Despite regulatory pressures, he predicted that some of the blockchain companies would be successful in futur...
President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill – Regulation Bitcoin News
The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-...
Congress Questions Coinbase, FTX, Binance, Kraken in Crypto Fraud Crackdown – Regulation Bitcoin News
A House committee has sent letters to four U.S. federal agencies and five cryptocurrency exchanges asking for information about what they are doing to combat cryptocurrency fraud and scams. Congress Q...
Paraguay’s president vetoes proposed crypto industry regulation
Paraguay’s president vetoed a bill that would regulate commercial activities related to digital assets, including crypto mining. President Mario Abdo Benítez voted down the bill in full, according to...
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry – Regulation Bitcoin News
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims ...
How California Crypto Regulation Bill Can Affect The Market?
Crypto Regulation Bill is just one step away from becoming a full-fledged law in California. This is true after the California Senate approved the bill, AB 2269, earlier this week. The bill was introd...
FBI Profiles Top 10 Most Wanted Fugitive ‘Crypto Queen’ Ruja Ignatova of Onecoin Scam – Regulation Bitcoin News
The Federal Bureau of Investigation (FBI) profiled the Onecoin cryptocurrency scam and its co-founder Ruja Ignatova, aka “Crypto Queen,” in a new podcast. Onecoin was one of the world’s biggest crypto...
Congressman calls on crypto exchanges and regulators to account for fraud and scams in crypto
Crypto faces new scrutiny from the congressional financial watchdog. In a series of letters sent on August 30, Rep. Raja Krishnamoorthi, D-Ill., called federal regulators and leading crypto exchanges ...
Iranian Government Approves ‘Comprehensive and Detailed’ Crypto Regulations – Regulation Bitcoin News
The government of Iran has finalized a set of cryptocurrency regulations. A “comprehensive and detailed” law ratified by the administration provides a regulatory framework for cryptocurrency, includin...
Nvidia Stock Drops as U.S. Limits Exports to China. ‘Military End Use’ Is Key.
Text size Nvidia’s A100 chips ae used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip make...
The Securities and Exchange Commission (SEC) Is Getting Clearer About How US Crypto Regulation Will Work
The filing in August said Grayscale received a memorandum from its “external securities lawyer,” which led the company to feel comfortable in saying those three cryptocurrencies aren’t securities, but...
Nvidia Warns of Sales Hit from New U.S. Chip Licensing Requirements For China
Listen to article (2 minutes) Nvidia could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on shipments of some of its most advanced chips to China, t...
Paraguay President Vetoes Crypto Mining Regulation
Bitcoin News The decree set a ceiling on the rates at 15% over the present industrial tariff. Félix Sosa, head of Paraguay’s National Electricity Administration voiced his opposition. On Monday, Presi...
Scenarios for Coming Crypto Regulation
There are two, maybe three, possible outcomes here. The most likely, unfortunately, is that Gensler’s SEC places mounting legal pressure on both token issuers and exchanges, primarily using even more ...
Funding Rounds Continue With Rocketplace, Singapore Could Revise Crypto Regulation Laws – crypto.news
Rocketplace recently announced a successful funding round raising $9 million. UK energy prices could soar to highs in October. Elsewhere, Singapore is en route to establishing a framework for the cryp...
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...