The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are likely t...
Tag: Regulation
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine – Regulation Bitcoin News
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for hu...
Japan’s self- regulation experiment seems to have failed –
The self-regulation experiment in Japan is not working properly The current crypto model is highly fluctuating The local government and industry experts have claimed that the self-regulation experimen...
US Court Convicts ‘My Big Coin’ Founder in $6 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin News
A federal jury has convicted the founder of “My Big Coin” in a fraudulent scheme that swindled $6 million from cryptocurrency investors. The defendant made several false claims, including that the coi...
CFTC commissioners speak up after SEC files crypto insider trading case
Members of the Commodity Futures Trading Commission (CFTC) stressed the need for more regulatory collaboration after the Securities and Exchange Commission (SEC) lodged a digital assets insider tradin...
It’s a Bear-Market Rally. Whether it Lasts Depends on the Fed.
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Powell the Volckerizer? Intraday Strategy Edge Eve...
Cryptocurrencies And Their Regulation Features
– Advertisement – Cryptocurrencies come under many names, there is not only one type of cryptocurrency neither there is not only one name given to it. You must have probably heard about th...
California Approves Major Bitcoin Regulation As BTC Looks At $28K
Donating cryptocurrencies to state and local political candidates is now allowed in California. The Fair Political Practices Commission has approved new rules allowing candidates to accept crypto dona...
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP – Regulation Bitcoin News
U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier...
Tighter Crypto Regulation In Thailand Delays Bitkub’s Acquisition
Thailand’s Plan of tightening crypto regulations have caused major setback to retail investors and digital asset enthusiasts. Adding to this, several companies have received a major blow due to this d...
Coinbase Has Petitioned The SEC on Cryptocurrency Regulation – crypto.news
On July 21st, Coinbase, a cryptocurrency exchange, filed a petition against the Security Exchange Commission (SEC) for digital assets regulations. The exchange has stated that the current regulatory r...
SEC Slaps Former Coinbase Manager With Insider Trading Charges — Identifies 9 Crypto Tokens as Securities – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has announced insider trading charges against a former Coinbase manager, who has been arrested and is also facing criminal charges. The regulator has ...
My wife inherited a 401(k)–what’s the best way to avoid a big tax hit?
Q.: My wife inherited a 401(k) from my mom who died recently. How do we handle this? If she takes her share out will it count as income for us on our taxes? I read that we can’t roll it over into our ...
The battle for crypto regulation in the US
Two distinct camps have emerged in the battle for crypto regulation in the US, with one camp strongly in favor of tight regulation and the other being an openly pro-crypto faction. Compared to the EU,...
US Lawmakers Nearing Agreement on Stablecoin Regulation
A bipartisan group of U.S. lawmakers are close to concluding an agreement on new legislation that seeks to establish a regulatory framework for stablecoins. The potential deal that would introduce the...
US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’ – Regulation Bitcoin News
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good fai...
EU, US swap policy intel on European crypto regulation, stablecoins
The EU and the US swapped crypto policy insights on stablecoins and other issues during a joint financial forum in Brussels last week. Representatives from the two governments met as part of an EU–US ...
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations. As reported by Cointelegraph in November 2021, SCB X Group, a subsi...
US lawmakers propose bank-like regulation for stablecoin issuers
Two US lawmakers, Maxine Waters and Patrick McHenry are collaborating on a bill that would impose strict bank-like regulations for stablecoins, The Wall Street Journal reported July 20. Stablecoin iss...
Reserve Bank of India Is Working on ‘Phased Implementation’ of Central Bank Digital Currency – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), is working on a “phased implementation of a central bank digital currency (CBDC) in both wholesale and retail segments.” Necessary amendments hav...
Senator Cynthia Lummis Says US Officials Need More Time To Digest Crypto Regulation Before Signing Bill
Senator Cynthia Lummis says voting for the bipartisan crypto bill she helped introduce in June is unlikely to happen until next year. In a new interview aired during the Bloomberg Crypto Summit, Lummi...
Maryland House primary winner promises ‘even-handed’ crypto regulation
The crypto industry is one step closer to landing a new potential ally in Congress after Maryland Democrat Glenn Ivey won a congressional primary on Tuesday night. Ivey defeated former Rep. Donna Edwa...
US: crypto regulation postponed until next year
The Lummis-Gillibrand bill to regulate crypto in the US will likely be delayed until next year. Senator Lummis: crypto regulation in the US will have to wait a little longer This was revealed by Sena...
China Fines Ride-Hailing Giant Didi $1.2 Billion, Citing Cybersecurity Breaches
SINGAPORE—Chinese authorities fined ride-hailing company Didi Global the equivalent of about $1.2 billion, bringing an end to a yearlong investigation into the company’s cybersecurity practices. The f...
DOJ Seizes $500K in Ransom Payments, Cryptocurrency From State-Sponsored North Korean Hackers – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) has seized $500K in ransom payments and cryptocurrency from a state-sponsored North Korean group. “We are returning the stolen funds to the victims,” Deputy Attorn...
Boeing Poised to Increase 787 Production Once Deliveries Resume
FARNBOROUGH, England—Boeing is preparing to increase production of its 787 Dreamliner soon after U.S. air-safety regulators allow the aircraft to resume deliveries, according to a person close to the ...
Colombian Financial Superintendence Brought Crypto Service Providers Regulation Norms
Latin American Countries have seen massive crypto adoption and that also calls for proper regulations. Looking at the increasing popularity and growing acceptance of cryptocurrencies all over br...
Stablecoins To Become A Payment Tool In UK, With Regulation Being Worked Out
Stablecoins backed by fiat currencies will be considered as a form of payment as regulators in the United Kingdom introduce new rules governing its use to the country’s parliament on Wednesday. The lo...
Colombia Releases Regulation Draft for Crypto Market
The Financial Superintendence of Colombia has just released a draft of rules for the crypto industry. The rules focus on a variety of topics and are similar to what other countries have proposed. Colo...
Nigeria Leads Africa in Regulating Digital Asset Space — Securities Regulator – Regulation Bitcoin News
Nigeria has taken the lead in regulating digital assets in Africa, and is one of the countries looking keenly into governing the digital asset space, an executive director with the country’s securitie...
US ethics agency issues new rules for employees who own NFTs
US executive branch employees who own NFTs must disclose assets they hold for investment or production income that are worth more than $1,000, according to a new legal advisory from the Office of Gove...