A former Coinbase product manager pleaded guilty on Tuesday to wire fraud charges in a criminal case brought against him. The Justice Department indicted Ishan Wahi in July, alongside his broth...
Tag: Regulation
Self-Interested Premier League Action Against Manchester City Proves Need For Regulation
MANCHESTER, ENGLAND – JANUARY 27: Erling Haaland of Manchester City in action during the FA Cup … [+] fourth round match between Manchester City an Arsenal at Etihad Stadium on January 27,...
Former Coinbase manager seeks to dismiss watershed insider trading case
Lawyers are asking a judge to dismiss a case against their client, a former Coinbase manager and his brother, arguing that the tokens involved are not securities. In an 81-page brief, lawyers f...
Michael Saylor Weighs in on Crypto Bankruptcies and Regulation
MicroStrategy Co-Founder sounds bullish even though last year’s crypto market crashed. The high profile crypto bankruptcies affected the crypto ecosystem but were helpful, as said by MicroStrategy co-...
Australia kicks off crypto regulation
The Australian government long ago promised crypto regulation. The goal is to delineate the proper power to authorities and provide more tools to act on malfeasance. Australia’s crypto regulation On A...
India to Introduce Measures Around Crypto This Year, Says Government Official – Regulation Bitcoin News
The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulat...
CFTC head looks to new Congress for action on crypto regulation
Rostin Behnam, chairman of the United States Commodity Futures Trading Commission (CFTC), has said he will continue efforts for the agency to regulate non-security tokens. In remarks released for a Fe...
Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’ – Regulation Bitcoin News
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypt...
Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’ – Regulation Bitcoin News
Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected ...
El Salvador enacts new bitcoin regulation
El Salvador has recently enacted a new law that governs the use of digital currencies, signaling a significant advancement in the nation’s cryptocurrency journey. New agency to monitor crypto activit...
UK Minister Andrew Griffith wants to pass finance regulation bill by Easter
A top priority for Andrew Griffith, a UK MP and economic secretary to the Treasury, is to “deliver the Financial Services and Markets Bill” this year. At City UK’s annual dinner on T...
Indian minister floats a joint crypto regulation – Cryptopolitan
Indian minister Nirmala Sitharaman has called all countries worldwide to come together to create a regulation that would help the crypto space. According to the country’s Finance minister, regulating ...
Australia Proposes Strict Regulation for Crypto Sector Post FTX Fiasco
2 hours ago | 2 mins read Editors News Regulators looking for a way to better avoid recent disasters in the hereafter. Australia has just taken the first step in what will likely be a multi-year effor...
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading – Regulation Bitcoin News
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the cryp...
India States IMF is Working with G20 for Crypto Regulation plan
Indian EA official Ajay Seth revealed that the IMF is working on a paper focussing on crypto assets in consultation with India. Indian government is helping Financial Stability Board to ensure that th...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance – Regulation Bitcoin News
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regul...
CFTC ‘well-positioned’ to fill regulatory gap in crypto: Behnam
Turmoil in the cryptocurrency markets shows action is needed and the Commodity Futures Trading Commission is “well-positioned” to fill a regulatory gap in cryptocurrency markets if Congress chooses, t...
A CFTC commissioner’s enthusiasm for crypto draws attention
The courtship between the crypto industry and Washington, D.C. captivated the financial policy world over the past year. As that saga has played out, Caroline Pham emerged as something of a cele...
Australia reveals its plans for crypto regulation
Australia took a step toward regulating its crypto sector with a consultation paper providing more clarity on the direction it will take. The Australian government steered away from an “exhausti...
CZ says stablecoin regulation will boost adoption
Due to the potential of stablecoins in managing inflation, the algorithmic dollar-pegged digital assets have come under solid regulatory focus, especially after the devastating Terra’s algorithmic sta...
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase – Regulation Bitcoin News
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are u...
Justice Department probes Silvergate’s relationship with FTX: Bloomberg
The Justice Department’s fraud department has begun probing Silvergate’s handling of accounts for Sam Bankman-Fried’s firms, Bloomberg reported, citing unnamed people familiar with the matter. T...
Ripple Reacts to UK’s New Crypto Regulation Move in Wake of FTX Collapse: Details
Following recent market developments, including the demise of FTX Exchange, the U.K. has officially announced plans to regulate the cryptocurrency industry. The government presented some proposals in ...
UK lays foundation for robust crypto regulation
According to recent reports, the United Kingdom’s His Majesty’s Treasury plans to implement stringent rules for crypto assets. 2022’s dire events that took down several entities have left governments ...
‘Crypto Voldemort’ Charlie Munger calls for U.S. ban, again
Charlie Munger, vice chairman of Berkshire Hathaway and longtime crypto critic, used an op-ed in the Wall Street Journal published late Tuesday to call for a ban on cryptocurrencies in the U.S. Munger...
India envisions a unified G20 approach to crypto regulation – Cryptopolitan
On Thursday, Economic Affairs Secretary Ajay Seth stated that India is working closely with the Financial Stability Board (FSB) to reach a consensus on regulations for virtual assets during India’s G2...
Binance CZ says stablecoin regulation would boost adoption
Binance CEO Changpeng Zhao (CZ) said that stablecoin regulation could help accelerate its adoption, according to a Feb. 1 Twitter thread. CZ pointed out that stablecoins are under strong regulatory fo...
Market strategist David Rosenberg: U.S. stocks will drop 30%. Wait to buy them.
David Rosenberg, the former chief North American economist at Merrill Lynch, has been saying for almost a year that the Fed means business and investors should take the U.S. central bank’s effort to f...