Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and...
Tag: Regulation
Shark Tank Billionaire Mark Cuban Says ‘Nightmare’ Regulation Awaits Crypto Industry
A Shark Tank investor is deeply concerned about how the impending wave of regulation will affect the cryptocurrency space. In a new post, billionaire Mark Cuban tells his 8.7 million Twitter followers...
Approach to Crypto Regulation is More Proactive: CFTC Chair
The Chairman of the United States Commodity Futures Trading Commission (CFTC) has revealed that the commission is more than ready to commit to regulatory oversight of the digital currency ecosystem as...
Lawmakers race to release draft of stablecoin bill ahead of August recess
US House of Representatives lawmakers could introduce draft text of a stablecoin bill as early as this week, a last-ditch effort to keep regulation front-of-mind ahead of the August recess. Lawmakers...
CFTC will evolve LabCFTC hub into Office of Technology Innovation
The US Commodity Futures Trading Commission (CFTC) is considering its role in crypto oversight in the framework of regulators, and it’s taking action by retooling its office devoted to connectin...
Alibaba Plans to Move Its Stock to Hong Kong. Others Will Follow.
Text size Alibaba says it has filed to change its primary stock listing to Hong Kong rather than the U.S. AFP via Getty Images Alibaba Group Holding on Tuesday said it has filed to change its primary ...
EU-Wide Regulation Prompts Crypto Exchanges to Set up Shop
In anticipation of EU-wide regulation coordinating the union’s approach to digital assets, cryptocurrency exchanges have been scrambling to set up shop. Over the past week, both Crypto.com and Coinba...
Billionaire Mark Cuban Expects SEC to Impose ‘Nightmare’ Crypto Registration Rules – Regulation Bitcoin News
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will b...
US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes – Regulation Bitcoin News
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as wel...
Ford Bronco Engine-Failure Reports Spur Federal Safety Investigation
The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some Ford Bronco vehicles, yet another setback in the auto maker’s efforts to improve its...
Coinbase Faces Huge Challenge — Which May Affect All of Crypto
In the middle of a crypto industry trying to take a breather after months of falling digital-currency prices, a bomb may be primed to explode. The market has lost more than $2 trillion due to a marke...
Mark Cuban Tweets: Nightmare of SEC Crypto Regulation is Waiting
Cuban warns the US SEC is soon approaching regulating cryptocurrencies. On 23rd July, Shark Tank investor and billionaire entrepreneur—Mark Cuban, warned his 8.7 mn Twitter followers about SEC c...
Bipartisan US Stablecoin Regulation Bill Delayed As Negotiations Continue
The United States House of Representatives has pushed back the timeline for a bipartisan bill to regulate stablecoins. The delay comes as lawmakers continue to negotiate over the finer details of the ...
India Still Waiting For Global Coordination on Crypto Regulation
9 hours ago | 2 mins read Bitcoin News Indian government can track cryptocurrency movements thanks to the 1% transaction tax. RBI has advised the government to set laws and outlaw cryptocurrencies. Ov...
Philippine Central Bank Governor Explains Crypto Policy — ‘I Don’t Want It Banned’ – Regulation Bitcoin News
The governor of the central bank of the Philippines has shared his policy on cryptocurrency regulation. “I don’t want it banned,” he said, advising investors not to invest money they cannot afford to ...
Estonia’s New Crypto Regulation – What Crypto Exchangers Need to Know
Over the past couple of years, cryptocurrency companies have been drawn by several jurisdictions, where regulation has been enacted and on top of that, rules were beneficial for the growth of the indu...
Microsoft’s Activision Deal Is Likely to Win Approval, Analyst Says
Text size Microsoft has said it plans to release Activision’s Call of Duty videogames on Sony’s PlayStation. Rich Polk/Getty Images for Activision Activision Blizzard stock continues to tr...
WWE finds $14.6 million in ‘unrecorded expenses’ made by Vince McMahon
World Wrestling Entertainment Inc. disclosed Monday that it will restate financial statements back to 2019 after uncovering $14.6 million in “unrecorded expenses” paid out by former long-time Chief Ex...
US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn – Regulation Bitcoin News
The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practice...
South Korean Prosecutors Raid Home of Terraform Labs Co-Founder – Regulation Bitcoin News
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the ...
SEC’s Inflexible Demand for Crypto Regulation Lands In Criticism-Loop
Editors News SEC recently alleged that 9 crypto assets listed by Coinbase are securities. SEC Chairman says, most crypto tokens have the attributes of securities. After charging a former Coinbase empl...
Users of payment services like Zelle need better scam protection, Dems tell CFPB
It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmak...
SEC Criticized for How It Regulates Crypto — Chair Gensler Says Most Crypto Tokens ‘Have Attributes of Securities’ – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a forme...
Columbia seeks public opinion on crypto regulation
The Financial Superintendence of Colombia has published a draft of crypto regulation. As revealed, the draft carefully treats numerous industry issues comparable to what other countries have treated. ...
Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says – Regulation Bitcoin News
The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are...
Crypto: Billionaire Mark Cuban Warns of a Powerful Player
The crypto industry is currently going through a crisis that has already crushed some major players like hedge fund Three Arrows Capital and lenders Celsius Network and Voyager Digital. After losing ...
Is China Headed for a Lehman-Style Crisis? This Property Bust Is Different.
Text size The downturn in China’s property market is unlikely to lead to a meltdown that triggers a financial crisis. STR/AFP via Getty Images China’s property slump and suffering economy is lea...
California ends ban on crypto campaign donations
California campaigns can soon accept donations in cryptocurrency after the state’s campaign regulator ended a four-year ban on crypto contributions on Thursday. The California Fair Political Practices...