The United Kingdom’s bank regulator, the Prudential Regulatory Authority (PRA), will propose rules for issuing and holding digital assets, Bank of England (BOE) executive director of the Prudential Po...
Tag: Regulator
Australia’s Finance Regulator Opens Targeted Review Into Binance
Australia’s financial regulator will carry out a “targeted review’ into Binance’s derivatives business in the country after the company revealed it had classed some users incorrectly. On Thursda...
SEC is not the appropriate regulator for stablecoins: Circle CEO
The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire. In an interview with Bloomberg on Feb. 2...
Australian Regulator Launches Review into Binance Derivatives
The Australian Securities and Investment Commission (ASIC) has announced a review of Binance’s derivatives business in the country. Binance, already battling with the regulatory challenges in the U.S....
Oman’s Financial Market Regulator To Release New Crypto Regulation
Join Our Telegram channel to stay up to date on breaking news coverage What – The crypto industry in Oman is taking a different turn from what the country’s central bank expects. Why – The apex bank h...
US State Regulator Launches Crypto Scam Tracker – Featured Bitcoin News
The California Department of Financial Protection and Innovation (DFPI) has launched a cryptocurrency scam tracker to help residents “spot and avoid crypto scams.” The regulator stated: “As reports of...
The Block: SEC planting its regulatory flag as Congress still to pick a regulator: SEC’s Peirce
Policy • February 20, 2023, 5:00AM EST The Securities and Exchange Commission is attempting to “plant its regulatory flag,” while Congress is still mulling which agency will be police crypto, sa...
Ex-Ripple Executive Has No Doubt in Ethereum (ETH) and Regulator Conspiracy
Gamza Khanzadaev Matt Hamilton is convinced Ethereum (ETH) and SEC conspiracy theories are true Former director of developer relations at Ripple Matt Hamilton has expressed his opinion on ETHGate, whi...
California regulator launches complaint-based crypto scam tracker
The California Department of Financial Protection and Innovation has launched a new crypto scam tracker to help traders and investors spot possible industry threats. zDFPI launched the tracker on Feb....
Do Kwon, founder of collapsed Terra stablecoin, charged with fraud by U.S. securities regulator
The U.S. Securities and Exchange Commission (SEC) charged Singapore-based Terraform Labs and its chief Kwon Do-hyung with defrauding investors through “a multi-billion dollar crypto asset securities f...
California Regulator Launches Crypto Scam Tracker
California regulators have launched a tool to help people hesitant to invest in crypto projects over fears of falling victim to scams. The California Department of Financial Protection and Innovation ...
BIS-funded regulator to probe DeFi entry points like stablecoins
The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi). On Feb. 16, ...
Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework – Regulation Bitcoin News
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory...
EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law
“The BCBS standard is not yet legally binding pending its transposition in the European Union,” said a newsletter from the ECB, which is responsible for directly supervising the largest banks in the c...
UK Financial Regulator Cracks Down on Illegal Crypto ATMs
The UK’s Financial Conduct Authority (FCA) is cracking down on unregistered crypto ATMs. The regulator says it recently entered and inspected several sites near the city of Leeds, in the North of Engl...
EU regulator tells banks to impose Bitcoin limits before they become law
Although the global regulatory framework set out by the Basel Committee on Banking Supervision (BCBS) will not become legally binding before 2025, the European Central Bank (ECB) expects banks in the ...
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...
Could Binance USD [BUSD] be the next SEC casualty as regulator digs deep into…
Paxos, the BUSD issuer, received a letter from the SEC on allegations of being unregistered security. The investigation could be a detriment on Binance’s part as NYDFS orders a stop to BUSD minting. B...
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...
Binance USD Given Fatal Blow by U.S. Regulator
Key Takeaways Paxos will stop minting new BUSD tokens starting February 21. The decision came following new instructions from the NYDFS. The SEC is also reportedly planning on suing the company. Share...
Paxos ordered to cease minting Binance stablecoin by New York regulator
Chad Cascarilla, CEO of Paxos. Adam Jeffery | CNBC Cryptocurrency firm Paxos will cease issuing new Binance USD, or BUSD, stablecoins under the direction of New York state’s financial regulator,...
Powerful New York Regulator Targeting Top Stablecoin, Binance Confirms Paxos Will No Longer Mint BUSD
A powerful regulator is directing New York-based crypto company Paxos to stop minting the stablecoin Binance USD (BUSD). Binance CEO Changpeng Zhao says the New York Department of Financial Services (...
New York Regulator Reportedly Stops Paxos From Issuing BUSD, but is it Just FUD?
The world’s largest crypto exchange has reportedly admitted that the New York Department of Financial Services has ordered Paxos to stop issuing the Binance USD (BUSD) stablecoin. BUSD is the seventh-...
New York Regulator Investigates Stablecoin Issuer Paxos
Paxos, a leading stablecoin issuer, is currently under investigation by the New York Department of Financial Services (NYDFS). The investigation comes amid growing concerns about the stability a...
Paxos facing probe by New York regulator: CoinDesk
Stablecoin issuer Paxos is being investigated by the New York Department of Financial Services, according to a CoinDesk report. The news comes after rumors that Paxos was asked to withdraw an ap...
Dubai Regulator Issues Regulations For Virtual Asset Service Providers
VARA has released the “Full Market Product Regulations,” a set of guidelines. The laws also provide direction on other areas, such as the issuance of digital assets. New regulations for virtual asset ...
Korean Regulator Approves Issuance and Distribution of Security Tokens – Regulation Bitcoin News
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’...
Hong Kong securities regulator adds crypto personnel for industry supervision
Regulators in Hong Kong are stepping up their game when it comes to monitoring the activities of the crypto industry. According to a Securities and Futures Commission report filed on Feb. 6, it plans...
South Korean regulator provides guidance on security tokens
South Korea established guidance that specifies which types of digital assets will be considered and regulated as securities in the country. In a press release, the Financial Services Commission (FSC)...
New Jersey regulator enforces order against scam websites – Cryptopolitan
A New Jersey regulator has announced that it will enforce a cease and desist order granted by a court against three firms. According to the regulator, the three scam websites were involved in illicit ...