France’s financial markets authority Autorité des marchés financiers (AMF) is the latest entity in the country calling for regulation of cryptocurrency operators. In particular, the AMF is pushing for...
Tag: Regulator
Coinbase’s $100M Settlement With NY Regulator Pumps Stock 7%
Coinbase stock climbed 7% Wednesday morning following news that the exchange has agreed to settle for $100 million with New York regulators in response to anti-money laundering and compliance violatio...
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges
“Today Coinbase and NYDFS have come to an agreement to settle a NYDFS investigation, disclosed in our 2021 annual 10K filing, into our historical compliance program,” wrote Paul Grewal, Co...
Coinbase Reaches $100 Million Settlement with New York Regulator Over Compliance Programs
The New York Department of Financial Services said Wednesday it had reached a $100 million settlement with Coinbase over issues regarding the company’s compliance programs. Coinbase, the largest crypt...
Bahamas Regulator Disputes FTX’s Claim About Value of Seized Cryptocurrencies – Regulation Bitcoin News
The Securities Commission of the Bahamas has disputed FTX’s claim that the value of the cryptocurrencies it seized from the bankrupt crypto exchange was not $3.5 billion. The new FTX chief’s “continue...
Coinbase agrees to $100M settlement with NY regulator
The New York State Department of Financial Services, or NYDFS, has reached an agreement with Coinbase following an investigation into the cryptocurrency exchange’s compliance program. In a Jan. 4 anno...
Coinbase Reaches $100 Million Settlement With New York Regulator
Brian Armstrong-led cryptocurrency exchange Coinbase has reached a $100 million settlement with New York’s Department of Financial Services (DFS), according to statements released by both parties. Fo...
Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations – Bitcoin News
Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan....
Israeli securities regulator moves to establish crypto legal framework
The Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli investors are exposed to digital assets, and over 150 companies operate in ...
Israel regulator wants law amended for better crypto regulation
The Israel Securities Authority (ISA) has forwarded draft amendments on crypto. It aims to protect citizens from the risks associated with trading digital assets. ISA is responsible “for safeguarding ...
Coinbase Reaches Massive Settlement With Regulator After Someone Pulls Off $150,000,000 Fraud Through Exchange
Top US-based crypto exchange Coinbase has reached a settlement with regulators after bad actors stole $150 million using the platform. According to a memo from New York’s Department of Financial Servi...
Coinbase shares jump over 12% following settlement with New York regulator
Coinbase shares soared following the exchange’s $100 million settlement with a New York state financial regulator. Coinbase shares rose 12.3% to $37.65 at 12:30 p.m. EST, according to Nasd...
Bahamas Regulator Hits Back at ‘Cavalier’ New FTX Bosses
The financial regulator of the Bahamas has labeled FTX’s new management “cavalier” as it pushed back on statements made by the collapsed exchange. In a statement released late on Monday, the Securitie...
Coinbase stock soars 11% amid $100 million settlement with NY regulator
Coinbase (NASDAQ: COIN) shares spiked more than 11.6% on Wednesday and were trading around $37.50 at 11:30 am ET. COIN’s gains followed the latest crypto-related news for the leading US-based cryptocu...
Coinbase settles with New York financial regulator for $100 million
Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase settled a case with New...
Israel’s financial regulator proposes crypto inclusion to securities law
Israel’s financial regulator proposed draft amendments to sweep digital assets into existing financial laws and expand the definition of securities. The proposals look to protect investor...
Bahamas regulator denies asking crypto exchange FTX to mint new tokens
The Securities Commission of The Bahamas (SCB) has denied FTX debtors’ claims and expresses concern that the investigation has been “impeded.” According to a statement released on Jan. 3, the SCB has ...
Bahamian Securities Regulator Says It Has $3.5B of FTX Funds in Its Care
Since FTX filed for bankruptcy, there has been a power tussle between the exchange’s current leadership and the liquidators appointed by the Supreme Court of the Bahamas. The Securities Commission of ...
Bahamas regulator disputes FTX’s assertions on the value of seized assets
The Securities Commission of the Bahamas (SCB) rejected allegations made by FTX’s new CEO John J. Ray III over the digital assets held by the regulator. SCB claims the debtors of the insolvent crypto ...
Bahamas regulator denies FTX CEO’s claims over seized assets
The Securities Commission of The Bahamas has rejected “material misstatements” made by FTX’s newly-appointed CEO, John J. Ray III, over the commission’s seizure of US$3.5 billion in assets from FTX Di...
Bahamas Regulator SCB Denies Asking FTX to Mint New Tokens
The Securities Commission of The Bahamas (SCB) has refuted the claims made by FTX debtors that it had instructed the crypto exchange to mint tokens worth hundreds of millions. In an official statement...
Bahamas regulator fires back in ongoing feud with new FTX leadership
Heated exchanges between authorities in The Bahamas and FTX’s new management have spilled over into the new year. The Securities Commission of The Bahamas (SCB) released a statement late on Jan....
Bahamas Regulator Says It Seized $3.5 Billion in FTX Crypto Assets
Bahamas securities regulators said they seized digital assets valued at $3.5 billion from FTX’s local operation in mid-November as the cryptocurrency exchange spiraled toward collapse, a figure that F...
FTX Debtors and the Bahamas regulator lay different claims on amount transferred
FTX Debtors states that the crypto transferred to the Bahamas Securities Commission was valued at $296 million This number falls short of the billions of dollar claim made by the commission FTX Debtor...
FTX Debtors will seek return of crypto held by Bahamas regulator
FTX Trading and its affiliated debtors said Friday that they would seek the return of crypto controlled by the Securities Commission of the Bahamas to their chapter 11 estates for the benefit of credi...
Over $3,500,000,000 in Crypto Transferred to the Bahamas’ Regulator Hours After FTX Declared Bankruptcy
Over $3.5 billion worth of digital assets were transferred to the Securities Commission of The Bahamas just hours after crypto exchange FTX filed for bankruptcy. According to a new press release, the ...
Bahamas regulator seized $3.5 billion of FTX crypto assets
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange...
Bahamas regulator is temporarily holding $3.5B FTX assets
Bahamas Securities Commission said it is temporarily holding FTX assets worth $3.5 billion with plans to distribute them to the bankrupt firm’s creditors and customers, according to a Dec. 29 statemen...
Bahamian regulator holding $3.5 billion of FTX customer assets
The Securities Commission of the Bahamas has been holding on to more than $3.5 billion worth of FTX customer assets since Nov. 12, according to a statement from the regulator released late on Thursday...
Regulator Puts up Warning Against 17 Crypto Websites
Cryptocurrency market being a nascent space always carries a possibility of fraud and ponzi schemes. Such programs intend to cast spells on common people turning them into “investors” showing them the...
California regulator warns of 17 crypto websites suspected of fraud
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days against crypto brokers and websites it suspects of being fraudulent. The list i...