A panel of House members in the United States Congress is pressing cryptocurrency leaders to discuss what they’re planning to do to protect potential crypto investors from falling victim to fraud and ...
Tag: regulators
US regulators might ban TerraUSD and other algorithmic stablecoins for up to two years
Join Our Telegram channel to stay up to date on breaking news coverage The interest in cryptocurrencies has been growing in the US for years, and it certainly skyrocketed during 2020 and 2021, when th...
Are U.S. Crypto Regulators Staking Out Territory Via Enforcement Actions?
As regulatory enforcement actions unfold between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), the latter just subtly claimed Ethereum (ETH) and DAI...
Russia’s financial regulators agrees on crypto use for international payments
Russia’s deputy finance minister Alexei Moiseev has said that the country’s apex bank and the finance ministry reached an agreement that would allow the use of cryptocurrency for international payment...
Brazilian Crypto Trading Guidelines are Coming, Regulators Eye Transparency
Join Our Telegram channel to stay up to date on breaking news coverage It seemed like only yesterday when Brazil’s regulator stopped the local investment funds from buying cryptocurrencies. However, a...
S. Korean Regulators Oppose Busan’s Regulatory Measures for Foreign Crypto Exchanges
South Korean financial authorities expressed their opposite stance against Busan City to provide special regulatory support for foreign crypto firms to establish digital asset exchanges, local media o...
Regulators should incentivize renewables for bitcoin miners
Marathon CEO Fred Thiel believes U.S. regulators should create incentives for bitcoin miners to use renewable energy and disincentives for fossil fuel-based sources. Thiel’s comments came follow...
Financial stability regulators to meet on digital assets next week
The Financial Stability Oversight Council, chaired by Treasury Secretary Janet Yellen, will meet Sept. 23 to work on its report regarding regulatory gaps for digital assets and potential risks posed b...
Multiple crypto regulators could ‘undermine’ securities rules
Securities and Exchange Commission Chair Gary Gensler cautioned that multiple federal agencies overseeing securities could “undermine” market regulation, during a regular oversight hearing of his agen...
Crypto Exchange WazirX Sees Assets Unfrozen Amid Indian Regulator’s Investigation
India’s Enforcement Directorate (ED) has unfrozen the accounts of crypto exchange WazirX, according to the exchange’s update. The exchange’s bank accounts were unfrozen following “active cooperation”...
Regulators Tighten Crypto Market Rules in Thailand
The Thai SEC has tightened rules related to the crypto market, while the central bank is receiving more powers to regulate the market. Meanwhile, the country’s Gulf Energy Development is looking to la...
Vermont regulators accuse Celsius of misleading investors
Join Our Telegram channel to stay up to date on breaking news coverage Vermont regulators have accused struggling crypto lending firm Celsius of misleading investors. The regulators opined that the fi...
Celsius Accused of Misleading Investors by U.S. Regulators
Alex Dovbnya Celsius is under fresh regulatory scrutiny in the US following the firm’s collapse According to a Friday report by The Wall Street Journal, Vermont regulators believe that embattled...
Regulators Call Out Celsius Crypto Lender for Misleading Investors Over Financial Trouble – crypto.news
Crypto lender Celsius continues to face more scrutiny from regulators amid its bankruptcy crisis. On Wednesday, the circumstances leading to the firm’s failure came to question that it allegedly hid i...
Crypto Legislation, Enforcement Highlight a Busy Fall for Financial Regulators; Bitcoin Holds Steady Over $19K
Crypto prices followed a recent trend in tracking stocks, which closed higher on Thursday. The tech-heavy Nasdaq, S&P 500, which has a big tech component, and Dow Jones Industrial Average (DJIA) a...
Thai Regulators Make Moves to Tighten Crypto Rules
Thailand’s Regulators have introduced tighter digital asset rules due to trading irregularities and the fall of a top acquisition involving a crypto exchange. This move has affected ThailandR...
Are crypto companies transparent enough to survive the wrath of regulators?
In an industry operating on the absolute thinnest line on the cutting edge of rapidly evolving technology and regulation, it’s becoming self-evident that companies need to be much more careful when ma...
Chainalysis Partners with US Regulators to Recover $30m from Ronin Loot
Blockchain analytics and security service provider, Chainalysis has helped in the recovery of $30 million in funds stolen from the Ronin Bridge by the elite North Korean hacking outfit Lazarus Group. ...
40 State Regulators are Opening Celsius’ Books in Search of Fraud
Vermont joins 40 other state regulators in their pursuit of Celsius’ true financials Celsius’ liabilities may have exceeded its assets as far back as February 2019, Vermont’s regulator alleges Vermont...
South Korean regulators to prepare guidelines for security tokens in 2022
Guidelines for security tokens in South Korea will be announced by the end of 2022. Simultaneously, the pilot market with a regulatory sandbox will be launched before the formal institutionalization. ...
Vermont Regulators Didn’t Use the Word, but I Will: Celsius Was a Ponzi
The Vermont filing also explores the role of the CEL token in Celsius’ finances. “If Celsius’ net position in CEL is excluded, its liabilities exceed its assets in all of the Freeze Reports and Prelim...
Where US regulators should draw the line
Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space. In 2022, United ...
Crypto assets are no longer niche and regulators need to catch up — IMF
The past few years have seen crypto assets moved from being “niche products” to having more of a mainstream presence, prompting the need for more comprehensive regulation of the space, according to th...
Regulators Consider Restricting Access To Real Estate Funds For Retail Investors
Rising mortgage rates and a lack of home inventory are driving people who would typically be looking to buy homes to seek shelter in the rental market. As the housing supply continues to dwindle and a...
MiCA coming in hot in October, NFTs not in focus: EU regulators
Members of the Germany-based Bundesblock, otherwise known as the German Blockchain Association, updated the community on the upcoming Markets in Crypto-Assets (MiCA) regulations in a virtual panel hel...
Congressman calls on crypto exchanges and regulators to account for fraud and scams in crypto
Crypto faces new scrutiny from the congressional financial watchdog. In a series of letters sent on August 30, Rep. Raja Krishnamoorthi, D-Ill., called federal regulators and leading crypto exchanges ...
Are Regulators Good or Bad for Crypto? Here’s an In-Depth Analysis – crypto.news
Crypto regulation has been the hottest topic among government watchdogs in 2022. When it comes to regulating trading stocks, investors, to some point, know what to expect. However, regarding cryptos, ...
AVAX price jumps after Ava Labs founder responded to claims of fooling regulators
The price of AVAX, Avalanche’s native token, has been soaring today after Ava Labs founder, Emin Gün Sirer, said the claims about Ava Labs using litigation to harm competitors and fool regulators were...
SEC Chair Pushing Aside Fellow Regulators Over Crypto Regulations?
Stuart Alderoty, General Counsel at Ripple came forward to reply to the U.S. Securities and Exchange Commission’s (SEC) recently published blog over crypto markets. SEC Chair mentioned that they treat...
Dubai Regulators Introduce New Crypto Guidelines
Dubai’s regulator of virtual assets, the Virtual Asset Regulatory Authority (VARA), has recently set out new rules on marketing and advertising virtual assets. The local regulators published a press r...
Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22–29
Australia’s financial regulator, the Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The ...
City’s reliance on Amazon and Google leaves regulators worried
Cloud Data Storage Amazon Web Services A peculiar thing happened one afternoon last winter: at 2:30pm on December 7, robot vacuum cleaners across the US fell silent, online grocery carts were cancelle...