The Ontario Securities Commission (OSC) included a number of crypto firms in a consumer alert that called out companies not registered to deal in the Canadian province. The OSC’s investor warnin...
Tag: Regulation
Moderna CEO: No ‘Crazy’ Deals. We’re Giving Cash to Shareholders.
Text size Moderna CEO Stephane Bancel says his company will keep returning cash to investors until it finds a better way of creating value. Jason Alden/Bloomberg Moderna ’s CEO is feeling no pressure ...
Why an Arkansas town could provide a grim road map for America if car repos blow up
As recession worries loom over America, a debt crisis already bearing down on wage workers in northwest Arkansas could foreshadow bigger problem for a nation on high alert for a flood of car repossess...
Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data – Regulation Bitcoin News
The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading dat...
Cost of Democrats’ Corporate-Tax Increase Skews to Wealthy, Reaches Middle Class
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U.S. Senators seek to grant CFTC control over crypto regulation
While financial authorities around the world are looking for opportunities to control the cryptocurrency sector, a United States Senate committee is planning to propose a bill that would place digital...
New Lawsuit Would Overturn EPA Advisories Seen As Precursor To More State & Federal Regulation
Environmental Protection Agency Headquarters in Washington, D.C. getty In June the Environmental Protection Agency (EPA) released four new drinking water health advisories related to PFAS contaminatio...
Brazil Might Approve Its Cryptocurrency Law This Week – Regulation Bitcoin News
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bil...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas – Regulation Bitcoin News
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligation...
Pro-crypto regulation pulls Binance and big players
Gibraltar’s 6.8-square-kilometer territory houses 35,000 people and several large international crypto companies. The British Overseas Territory of Gibraltar, ruled by the United Kingdom and an...
Bipartisan Stablecoin Regulation Has a Slim Chance of Passing This Year
The bipartisan stablecoin bill was supposed to be introduced last week, but lawmakers are struggling to agree on the text The odds of getting a law passed before 2023 are slim, sources familiar with t...
New York Attorney General Wants to Hear From Investors Deceived by Crypto Platforms – Regulation Bitcoin News
New York Attorney General Letitia James has urged investors in her state who believe they have been deceived by a crypto platform to contact her office. “Investors were promised large returns on crypt...
Ripple’s General Counsel Sees “Absurdity” in SEC’s Approach to Enforcing Crypto Regulation
Tomiwabold Olajide SEC’s enforcement of its standard of market regulations “absurd”: Stuart Alderoty Ripple general counsel Stuart Alderoty sees “absurdity” in the SEC...
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security – Regulation Bitcoin News
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguin...
Singaporean financial watchdog to consult public on stablecoin regulation
The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (...
SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly r...
Crypto Regulation Planning by UK, US Regulators
A Gathering of The Gang For the purpose of discussing larger crypto regulatory activities, regulators from the US and UK convened. They reiterated their dedication to ongoing collaboration to encourag...
Talos co-founders believe crypto will bounce back stronger than ever
Episode 71 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro, and Talos Co-Founders Ethan Feldman and Anton Katz. Listen below, and subscribe to The Scoop on Apple, ...
Central Bank of Honduras Warns About the Dangers of Using Cryptocurrency – Regulation Bitcoin News
The Central Bank of Honduras has published a release that seeks to clarify the stance the institution takes about the use of cryptocurrencies in the country. The organization states that even with the...
Kenya Central Bank Orders Financial Institutions to Stop Dealing With Two Nigerian Fintechs – Regulation Bitcoin News
In a letter addressed to the CEOs of financial institutions, the Central Bank of Kenya (CBK) has said financial institutions operating in the country must cease and desist from dealing with two Nigeri...
US and UK Regulators to Frame a Strengthened Crypto Regulation
16 seconds ago | 2 mins read Editors News The US and UK regulators collaborated to enlarge cryptocurrency regulation. The Working Group wants to strengthen regulatory outcomes for stablecoins across j...
Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products – Regulation Bitcoin News
The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These saving...
Crypto regulation: US and UK regulators join hands
The need for crypto regulation has been felt since the market has continued to see a tremendous influx of capital. The increase has continued to make it a trillion-dollar market. Though there were min...
US, UK Regulators Partner on Broader Crypto Regulation – Regulation Bitcoin News
Regulators in the U.S. and U.K. have met to discuss broader crypto regulatory initiatives. They reaffirmed their commitment to “continued cooperation to support safe financial innovation, as well as t...
FTX gets green light to operate fully in Dubai
Crypto exchange FTX has received the green light to operate an exchange and clearing house services in Dubai, United Arab Emirates, the firm announced today. FTX Exchange FZE, a subsidiary of FTX Euro...
Crypto company failures not covered by federal insurance, FDIC says
Federal Deposit Insurance Corporation (FDIC) protection does not apply to crypto company failures, according to a new fact sheet released by the agency on Friday. “Some crypto companies have misrepres...
Far from Putin’s claims of resilience, Russian economy is being hammered by sanctions and exodus of international companies, Yale report finds
Media reports trumpeting the resilience of the Russian economy in the face of the international response to its invasion of neighboring Ukraine are based on misunderstandings that don’t reflect what’s...