As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten th...
Tag: Regulation
Cryptocurrency Regulation in Malta : Embracing The Crypto Revolution
A global leader in crypto regulation Malta is taking a very progressive approach to cryptocurrencies. Well, crypto is not a legal tender in Malta, rather they are established as a ‘medium of exchange,...
Congress Is Causing Rising Regulatory Burdens. That Needs Fixing
Mid-terms are approaching, and that means market-oriented policy groups, classical liberals, libertarians and others will resume the tradition of dusting off, polishing and updating optimistic reform ...
After TerraUSD (UST) Depegging, Macro Guru Raoul Pal Says Stablecoin Regulation Could Be Coming
Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation. In a new interview with Bankless, the former Goldman Sa...
Cryptocurrency Regulation in Cayman Island
Virtual assets in the Cayman Islands are accepted and digital representations of value that can be electronically traded and used for investment purposes. The Cayman Islands are the most popular juris...
SEC Halts $62 Million Crypto Mining, Trading Scheme — DOJ Indicts Founder – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has halted a $62 million global cryptocurrency trading and mining scheme and the Department of Justice (DOJ) has indicted its CEO and founder. If conv...
Most Americans were feeling gloomy even before last week’s dramatic dive in stocks — and now they fear a prolonged bear market
In a matter of hours, promising signs of a stock market rally turned into pessimism, even panic. For retail investors trying to get their legs during a volatile moment, Thursday’s deep downward lurch ...
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto – Bitcoin News
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, und...
SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order ...
US Treasury Sanctions First Crypto Mixer – Regulation Bitcoin News
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to process illicit pro...
Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services – Regulation Bitcoin News
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurren...
The United States turns its attention to stablecoin regulation
The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation. ...
The Ukraine invasion shows why we need crypto regulation
Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at ...
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts – Regulation Bitcoin News
A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, includin...
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives – Regulation Bitcoin News
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has...
Crypto Regulation Advances by Leaps and Bounds in Latin America
Crypto adoption in Latin America keeps rising across the board, with many countries discussing bills that aim to prepare the ground for a proper regulatory environment for related businesses. Panama a...
The Fed raised interest rates – what to do now with your retirement portfolio
Inflation is rising, the stock market is volatile and now the Federal Reserve has raised interest rates – but investors, as always, should steer clear of any major changes, financial advisers said. T...
Georgia to Unveil New Cryptocurrency Law by This Fall – Regulation Bitcoin News
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be pr...
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider – Regulation Bitcoin News
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our op...
California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3 – Regulation Bitcoin News
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of...
EU Financial Services Commissioner urges worldwide approach to regulation on crypto
Since the Bank of England’s Jon Cunliffe warned in November of the emerging market’s looming threat to financial stability, worldwide authorities have been working separately to draft comprehensive la...
South Korea set to remove ban on ICO, new govt to improve crypto regulation
South Korea has become the latest country to unveil plans to improve cryptocurrency regulation and remove the ban on Initial Coin Offerings (ICOs). Yoon Suk-yeol, South Korean President-elect, is behi...
California Steps Forward To Adopt Cryptocurrency And Its Regulation
The hometown of most of the technological innovation, California on Wednesday became the first state to explore how to adapt digital assets and related technology in a broadway. Tracing the steps of P...
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement – Regulation Bitcoin News
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is ...
Is Crypto Regulation Important For The Cryptocurrency Market?
While the growth of the cryptocurrency market continues to be astonishing, it is not without its problems. Like every invention or investment that brings delight, cryptocurrency trading faces issues t...
Pakistan Forms Committees to Decide Whether Crypto Should Be Legalized or Banned – Regulation Bitcoin News
The Pakistani government has formed three committees to decide whether to establish a legal framework for cryptocurrency or ban it. The committees will review all aspects of the cryptocurrency busines...
Two South Koreans Paid in Bitcoin to Spy for North Korea – Regulation Bitcoin News
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the ...
EU Report Recommends DeFi Regulation Rethink
The EU Commission issued a report, “European Financial Stability and Integration Review 2022,” on April 7, containing a 12-page chapter on DeFi. In addition, the authors of the report present a sensib...
These 10 stocks in the S&P 500 soared at least 8% after the Fed made its big move — but only 3 have gains for 2022
Wednesday turned into a big day for stocks — the S&P 500 index had its largest one-day percentage gain in nearly two years — after the Federal Reserve raised the federal funds rate by half a perce...