UK’s Charity Commission announced inquiring into a charity called – Effective Ventures Foundation over its ties with FTX. According to the official press release, the charity reported its association ...
Tag: Regulator
New York financial regulator investigates Gemini over FDIC claims: Report
New York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims that the firm made regarding assets in its Earn lending program. According to a...
FTX-Linked Charity Under Scrutiny By UK Regulator, What’s Coming?
A UK regulator is investigating the Effective Ventures Foundation, a charity connected to failed crypto exchange FTX, as its founder Sam Bankman-Fried, was a significant contributor to the foundation....
UK regulator investigates charity linked to FTX
The commission in charge of regulating registered charities in England and Wales has announced it has begun investigating Effective Ventures Foundation, an organization tied to bankrupt crypto exchang...
Australian regulator is raising concerns about FTX collapse – Cryptopolitan
As stated in a document by the regulator Australian Securities and Investments Commission (ASIC), the introduction of FTX in Australia around March 2022 was addressed internally by the regulator, with...
Breaking! Philippines Securities Regulator Wants Public Opinions To Draft The Country’s Crypto Law
The Philippines Securities and Exchange Commission (SEC) is taking a significant step towards regulating the crypto sector in the country as they have released a bunch of draft rules and regulations a...
Aussie regulator flagged concerns about FTX months before collapse: Report
Australia’s financial regulator reportedly raised concerns over FTX’s local Australian subsidiary as long as eight months before the exchange met its untimely end in November. According to documents o...
US securities regulator probes Wall Street over crypto custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisers that may offer digital asset custody to its clients without the proper qualifica...
UK regulator turns away vast majority of crypto companies
The Financial Conduct Authority (FCA) has so far only given regulatory approval to 41 of the 300 crypto-related companies that have registered with the agency. It would rather seem as though the UK i...
New York’s Financial Regulator Takes Aim At Firms Commingling Funds After New FTX Regulations ⋆ ZyCrypto
Advertisement     The New York Department of Financial Services has released a new guideline to regulate how firms handle customer assets. The department takes the bu...
New York Regulator Releases Guidelines For Segregating Customer Funds
14 hours ago | 2 mins read Bitcoin News NYDFS sent a public letter to the sector explaining the need of segregating client funds. This warning comes as New York’s federal prosecutors delve more into t...
New York regulator urges crypto custodians to separate customer and corporate assets – Cryptopolitan
The New York Department of Financial Services (NYDFS) is urging crypto custodians to take extra precautions to protect customers and their assets as the crypto industry continues to witness an increas...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance – Regulation Bitcoin News
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. ...
South Africa Regulator Takes Action Against False Crypto Advertising Claims
On January 23, South Africa’s Advertising Regulatory Board (ARB) introduced new cryptocurrency-focused rules into the nation’s advertising code to protect consumers from misleading advertising. The ne...
US Regulator Seize $700M Worth of Assets Linked to FTX and SBF
A majority part of the seized assets include 55.3 million shares of Robinhood with its current worth of around $526 million. Last week, prosecutors from the United States seized a staggering $700 mill...
Former High-Ranking SEC Official Blasts Crypto Lender Nexo’s $45,000,000 Settlement Deal With US Regulator
A former high-ranking executive of the U.S. Securities and Exchange Commission (SEC) is calling out crypto lender Nexo’s multimillion-dollar settlement with the regulatory agency. According to a new p...
Nexo Pays $45M to Resolve SEC and State Regulator Charges
5 hours ago | 2 mins read Exchange News Nexo agreed to pay $45 million to settle SEC and state regulator charges. Nexo was charged by SEC for failing to register the offer and sale of EIP products. Ne...
Crypto Exchanges Should be Supervised as Banks, Urges Japan’s Financial Regulator
Mamoru Yanase – Deputy Director-General of Japan’s Financial Services Agency (FSA) – urged global watchdogs to impose tougher regulations on the cryptocurrency industry. He believes digital asset exch...
Nexo Sues Cayman Island Regulator Over VASP Rejection
Cryptocurrency lending platform Nexo has filed suit against the regulator in the Cayman Islands which rejected the firm’s application for a virtual asset service provider (VASP) license. Nexo, a crypt...
Nexo sues Cayman Islands financial regulator over VASP license
The same week that Bulgarian authorities were raiding Nexo’s offices and indicting four individuals for charges related to money laundering, the crypto lender filed suit in the Cayman Islands. In a do...
Nexo sues Cayman Islands regulator over rejected license
Crypto lending platform Nexo is suing the Cayman Islands regulator for denying the firm a virtual asset license. Nexo, which only last week saw its office in Bulgaria raided by 300 police and ha...
Hong Kong Regulator To Allow Only Approved Crypto Tokens
Bitcoin News Hong Kong’s SFC is compiling a list of crypto assets. Whitelisted cryptocurrencies are those with substantial liquidity and considered safe. With a slew of new digital asset rules slated ...
Thai Regulator Queries Zipmex CEO for Alleged Ilegal Operations
Thai SEC opened a new quest into Zipmex on suspicion that it has broken the law. The regulator requested its CEO to make clarifications before next Thursday. Last year, Zipmex froze customer account a...
United Kingdom Gambling Commission (UKGC) – The British Gambling Regulator
The UK Gambling Commission (UKGC) is the main regulatory body for all online gambling operations in the United Kingdom, including online casinos. The commission sets strict guidelines for all licensed...
Regulator hits back at Ripple over sealing final judgment documents
As the cryptocurrency community awaits the final judgment in the Ripple and Securities Exchange Commission (SEC) case, both parties are currently entangled in a tussle regarding sealing certain docume...
Thai regulator investigates crypto exchange Zipmex
The Thai SEC is reported to be probing Zipmex over alleged violations of rules. Thailand’s Securities and Exchange Commission (SEC) is reportedly investigating the crypto exchange Zipmex on the ...
Former Komainu president Orser named CEO of Dubai’s crypto regulator
Henson Orser, a Nomura veteran who spent two years as president of the Japanese bank’s crypto project, Komainu, is now leading Dubai’s dedicated virtual assets regulator. The so-called Virtual A...
Hong Kong regulator wants to help grow crypto ecosystem
The Hong Kong regulator, the FSTB, is looking to open up crypto more to retail investors, but within robust, market-driven regulations. At the recent Web3 Forum, Hong Kong’s finance secretary Paul Cha...
German regulator warns of new banking and crypto malware ‘Godfather’
Financial authorities in Germany are raising the alarm amid the rapid spread of a new financial malware affecting banking and cryptocurrency applications. Germany’s Federal Financial Supervisory Autho...