Plus the FSB’s two most muscular members, the U.S and the EU, are now starting to act. They will likely want others to follow suit – to avoid crypto companies, as they see it, stealing their business ...
Tag: regulators
Federal regulators are preparing to pass judgment on Ethereum
Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possi...
Nexo co-founders address recent cease and desist orders from US state regulators
Nexo co-founders Antoni Trenchev and Kalin Metodiev hosted an AMA on Oct. 4 in which they addressed recent cease and desist orders issued by several U.S state regulators. Given the turmoil of the last...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets – Regulation Bitcoin News
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary...
US Regulators Seek More Power From Congress to Address Crypto Regulatory Gaps
In a new report, the Financial Stability Oversight Council (FSOC), a regulatory panel comprising leading financial regulators, identified areas in crypto regulation with: limited oversight of the spot...
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
Officials with the United States Financial Stability Oversight Council, or FSOC, have recommended U.S. lawmakers pass legislation to determine which “rulemaking authority” will be responsible for regu...
US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion
The biggest news in the cryptosphere for Oct. 3 includes, Binance burning 5.5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50 million, and Transit Swap hacker returning ov...
U.S. Regulators Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity
SEC and CFTC are working together to regulate the crypto space Gensler admitted that bitcoin is a commodity BTC Price at the time of writing – $19,232.87 Both the Securities and Exchange Commission (...
Binance Joins Forces With Kazakhstan’s Regulators to Battle Local Financial Crime
The world’s largest cryptocurrency exchange – Binance – signed a Memorandum of Understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan. Over the course of the agreement,...
Binance Signs MoU With Kazakhstan Financial Regulators
6 hours ago | 2 mins read Exchange News In August, the AFSA of Astana gave the exchange its preliminary green light. Data will be shared in regard to the detection and freezing of ill-gotten cryptocur...
CME Group Proposes Direct Crypto Derivatives Trading to Regulators
CME Group, a US-based financial derivatives exchange, has proposed to regulators its plan to offer derivatives trading directly to retail customers. According to The Wall Street Journal’s report...
U.S., Canadian securities regulators unveil parallel charges against Cryptobontix and Arbitrade
The U.S. Securities and Exchange Commission (SEC) and the Ontario Securities Commission (OSC) have filed parallel fraud charges against crypto firms Arbitrade and Cryptobonix and their executives. The...
U.S. Regulators Are Coming for Crypto. How Will the Future Look?
Key Takeaways Several recently proposed bills and ongoing enforcement cases could define crypto industry’s future in the U.S. If the SEC and CFTC win their ongoing crypto lawsuits, they could se...
Celsius: Multiple state regulators move to stop stablecoin sale, details inside
Court filings made by the states of Texas and Vermont have become the latest developments in the Celsius bankruptcy saga. State regulators from both states have filed separate motions, objecting to t...
Celsius stablecoin sale plan faces objections from securities regulators
State securities regulators in Texas and Vermont are objecting to crypto lender Celsius’s plan to sell its stablecoin holdings. The Texas State Securities Board, the Texas Department of Banking ...
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins – Coinotizia
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on Sept...
State Securities Regulators Object to Celsius’ Court Motion to Sell Stablecoins – Bitcoin News
As Celsius’ bankruptcy proceedings continue, the court’s trustee William Harrington appointed an examiner on Thursday in order to review the company’s finances, according to a filing submitted on Sept...
‘Reject CBDCs In America And Back Bitcoin Instead’ — Group Urges US Regulators ⋆ ZyCrypto
Advertisement     Digital asset executives put pressure on the United States government to reject the creation of a digital dollar. The arguments pushed against a pot...
Nexo ‘surprised’ by state regulators’ actions, says co-founder
Kalin Metodiev, the co-founder and managing partner of crypto lender Nexo, stated his firm was “surprised” by the way in which eight state regulators publicly took action against it for securities vio...
Regulators must extend existing processes to crypto, BoE’s Jon Cunliffe says
Regulators must address cryptocurrency before it is of systemic importance, Jon Cunliffe, the Bank of England’s (BoE) deputy governor for financial stability has said. If done properly regulator...
Mercado Bitcoin asked to clarify token information by regulators
Securities and exchange commission of Brazil requested information from Mercado Bitcoin regarding its fixed-income token offering On its website, Mercado Bitcoin provides a number of fixed-income ERC-...
CFTC chair believes Bitcoin could ‘double in price’ under the regulator’s oversight
As the cryptocurrency market gets larger and its major assets become more adopted, it has raised questions over which financial watchdog would oversee it and ensure the regulatory compliance of its pa...
Thailand’s Bitkub in market regulator’s crosshairs, yet again
The Thai Securities and Exchange Commission has reprimanded Thailand’s leading crypto exchange Bitkub for the second time in a thirty-day timespan. New month, new lawsuit The official press release i...
Crypto Loan Platform Nexo Responds to Enforcement Actions From Multiple State Regulators
Crypto lender Nexo has issued a statement regarding the enforcement actions it’s facing from eight different states pertaining to its Earn Interest Product (EIP). Earlier this week, state regulators i...
South Korean Regulators Moves to Freeze $67M in Assets Tied to Do Kwon
Do Kwon has often claimed that his intentions for the UST stablecoin were legitimate as he sought to pioneer a monetary system that is independent of the influence of the US dollar. South Korean regul...
South Korean Regulators Order Seizing 3313 BTC Linked to Do Kwon
The South Korean regulators have instructed KuCoin and OKX to freeze the total of 3,313 Bitcoin (BTC) worth approximately $67 million linked to Do Kwon. The asset freeze on KuCoin and OKX was reported...
More Than a Half Dozen US Securities Regulators File Actions Against Nexo
Blockfi paid $100 million in penalties Blockfi’s CEO said the firm lost $80 million from the bankrupt company Kentucky, Vermont, South Carolina, etc have all filed similar actions against Nexo State a...
Multiple State Financial Regulators Allege Crypto Loan Platform Nexo Violates Securities Laws
Cryptocurrency lender Nexo is facing regulatory actions in eight US states for allegedly offering an investment product that violates securities laws. State regulators in California, New York, Washing...
California Regulators Order Nexo to Stop Crypto Interest Accounts
Cryptocurrency lender Nexo has come under fire from California regulators and seven other US state securities watchdogs for its unregistered crypto interest account program, which the authorities clas...
More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo – Regulation Bitcoin News
Crypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securitie...
Report Binance in Talks With Japanese Regulators for A License
Binance is preparing for a formal entry to the Japanese market by seeking a permit to operate in the country. The renewed interest from the world’s largest crypto trading platform in Japan follows the...