An executive at the largest Ethereum (ETH) staking service is reportedly outlining the possible consequences of upcoming US regulatory decisions on the heels of recent crackdowns on the crypto industr...
Tag: Regulation
UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved – Regulation Bitcoin News
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registrati...
Warren pledges to reintroduce crypto anti-money laundering bill
Sen. Elizabeth Warren, D-Mass., said she plans to reintroduce legislation with Sen. Roger Marshall, R-Kan., that would extend anti-money laundering laws to a broad array of the cryptocurrency ecosyste...
Avaya files for bankruptcy, about 5 years after emerging from previous bankruptcy
Avaya Holdings Corp. said Tuesday that it and all of its U.S. subsidiaries filed for bankruptcy, a little more than five years after emerging from its previous bankruptcy. The business communication c...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
684 million BUSD burned for redemptions amid US regulatory scrutiny
Just over a day after it categorically denied regulator claims Binance USD (BUSD) is a security, Paxos has burned some 684 million of the stablecoin for U.S. dollar redemptions, on-chain data show. &#...
Bad Economic Policies Are One Reason People Are Leaving Blue States
Oct 26, 2019 Mountain View / CA / USA – Semi truck towing an U-Haul cargo trailer, on a freeway in … [+] San Francisco bay area; U-Haul is an American moving equipment and storage rental c...
Sinbad crypto mixing service may be Blender in disguise: Elliptic
A shuttered crypto transaction mixer once sanctioned by U.S. regulators may have returned under a new name, according to an analysis by crypto firm Elliptic. Elliptic said that on-chain data sho...
Serious about your crypto project? Binance’s CEO says you should move.
Binance CEO Changpeng Zhao suggested crypto entrepreneurs might need to move to a country more favorable to cryptocurrencies and digital assets amid what appears to be a growing crackdown by U.S. regu...
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation – Regulation Bitcoin News
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has re...
CFTC, SEC cases against Bankman-Fried to be pushed back until criminal case ends
Civil cases brought by U.S. regulators against former FTX CEO Sam Bankman-Fried can be pushed back until after a criminal case concludes, a judge decided Monday. Damian Williams, U.S. Attorney ...
SEC action against Paxos paints regulatory target on stablecoins
Stablecoins look to be the next part of the crypto ecosystem facing a regulatory crackdown. The U.S. Securities and Exchange Commission has issued notice to crypto infrastructure provider Paxos...
Crypto markets wrought ahead of US inflation data as regulatory issues steal focus
Crypto markets were roiled by the SEC last week, and now there’s even more uncertainty after the New York Department of Financial Services ordered Paxos to stop issuing BUSD. Next up is U.S. inf...
Paxos ‘categorically disagrees’ with SEC in calling BUSD a security
Paxos said it “categorically disagrees” with the U.S. Securities and Exchange Commission in calling Binance USD (BUSD) a security. The stablecoin issuer said it got an SEC Wells noti...
G20 Nations Looking at Creating Global Crypto Asset Regulation: Report
The world’s biggest economies are reportedly exploring the idea of collectively regulating cryptocurrencies. According to Reuters, the Group of Twenty (G20), whose members account for around 90% of th...
Circle warned regulator about rival Binance stablecoin last year, Bloomberg says
Circle filed a complaint with the New York State Department of Financial Services last year over rival Binance’s “mismanagement of reserves” for its own tokens, Bloomberg News report...
US in dire need of Leadership in Crypto Regulation: Garlinghouse
Ripple CEO says the US failed to provide proper guidelines for the industry. Brad Garlinghouse feels that the US needs leadership in crypto regulations. The United States emerged as the world’s econom...
India Seeks to Explore Crypto Regulation Via G20
37 mins ago | 2 mins read Bitcoin News India with G20 looking for cryptocurrency legislation. Nirmala Sitharaman pointed out that one country alone cannot do anything. Despite the challenging global ...
Galaxy Digital gets approval for Bahamas subsidiary amid rising US regulatory uncertainty
Galaxy Bahamas, a subsidiary of Mike Novogratz’s crypto investment firm, received approval from the Securities Commission of The Bahamas in December for registration as a digital asset business ...
Axsome’s stock falls after disclosing Teva’s plans to market generic Auvelity
Shares of Axsome Therapeutics Inc. AXSM, +0.49% tumbled about 10.0% in premarket trading on Monday after the company said in a securities filing that Teva Pharmaceutical Industries Ltd. TEVA, +0.34% i...
California Jumps Back On The Regulation Bandwagon
Join Our Telegram channel to stay up to date on breaking news coverage California has jumped back onto the regulation bandwagon after the Consumer Federation of California (CFC) took another stab towa...
India’s Finance Minister Answers Crypto Regulation, Adani Queries
India is in discussion with other G20 nations to plan a common regulatory framework for crypto regulation, Indian Finance Minister Nirmala Sitharaman said during a press conference after a meeting tod...
India Discusses Global Crypto Regulation at G20
On Saturday, the Finance Minister of India, Nirmala Sitharaman, said that the country is discussing ways to develop a global regulatory framework for cryptocurrencies with the Group of 20 (G20) member...
The IRS Has New Tax Rules for State Payments. What They Could Mean for You.
The Internal Revenue Service on Friday gave the green light to taxpayers in 21 states who had been waiting for the agency to clarify the taxability of certain state payments before filing their federa...
G20 Group Takes Up Crypto Regulation; Says Finance Minister
Nirmala Sitharaman told that the G20 Group has been discussing about taking up crypto regulation collectively. She added that the Government of India has been taking efforts to introduce crypto regula...
India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are current...
Nexo will stop its Earn Interest Product for US clients in April
Following a settlement with the U.S. Securities and Exchange Commission announced last month, crypto lending platform Nexo will stop its Earn Interest Product for all U.S. clients, which include both ...
G20 exploring coordinated crypto regulation: Reuters
Nirmala Sitharaman, finance minister of current G20 president India, said the group of major economies is exploring whether it can coordinate on crypto regulation. Sitharaman — whose government,...
Buying bonds now is a smart money move even if the Fed keeps hiking rates. Here’s why.
Bond investors can cheer real interest rates hitting a 15-year high. That’s because bonds historically have performed better in the wake of higher rather than lower real rates. The real interest rate ...