Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into receivership for being insolvent. It was put there for bein...
Tag: regulators
Investigation on Voyager and Celsius Intensifies By The US State Regulators – Coinpedia – Fintech & Cryptocurreny News Media
Texas and Alabama securities regulators are expanding their inquiries into Voyager and Celsius. Voyager’s disclosure of the manner in which it used customer funds is currently being looked into by the...
State Regulators Intensify Scrutiny of Voyager: Report
Securities regulators in Texas and Alabama announced today that they are expanding their investigations into Voyager following the emergence of new information after the collapse of the exchange. R...
U.S Regulators Unveil Framework for International Crypto Regulation – crypto.news
The United States Treasury Department has collaborated with other agencies, including the U.S. Agency for International Development (USAID) to submit an international crypto regulatory framework to Pr...
Troubled Crypto Lending Firms Investigated by Securities Regulators from Texas and Alabama
Alex Dovbnya State securities regulators have started investigating the embattled crypto companies that went underwater during the recent market turmoil State securities regulators in Alabama and Texa...
US Treasury issues framework addressing engagement on crypto with foreign regulators
The United States Department of the Treasury has delivered to President Joe Biden a framework on crypto for U.S. government agencies to work with their foreign counterparts. In a Thursday announcement...
UK Fund Managers Urge Regulators to Approve Blockchain-Traded Funds
UK fund managers under the aegis of the Investment Association, the trade body representing Britain’s asset management industry, have called on the government and the City regulator to approve blockch...
Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM’s government
Many officials responsible for regulating the United Kingdom’s financial system have resigned following allegations Prime Minister Boris Johnson exercised “poor judgement” in appointing a member of th...
New York Regulators Have Planted a Seed for Stablecoin Transparency
The NYDFS will broaden the amount of information available in attestation reports by requiring that stablecoin’s assets be reported not only in aggregate, but also by asset class. So a stablecoi...
Singapore regulators to protect retail traders from risky crypto trading activities
The Monetary Authority of Singapore (MAS) is considering restricting retail traders from cryptocurrencies. The head minister at the MAS, Tharman Shanmugaratnam, said that the regulator would implement...
Puerto Rican Regulators Closes Peter Schiff’s Bank – a Case for Decentralization?
Puerto Rican authorities have closed down the Euro Pacific Bank, a local financial institution that belongs to Peter Schiff, the world’s most vocal Bitcoin (BTC) critic. Sharing his ideas on Twitter,...
Singapore regulators mulling more restrictive crypto policies
The Monetary Authority of Singapore (MAS) says it is considering more restrictive crypto regulations, the financial regulator stated in a letter to the country’s parliament dated July 4. According to ...
Peter Schiff’s Bank Suspended by Puerto Rico Regulators
29 mins ago | 2 mins read Editors News Euro Pacific Intl. Bank Inc transactions will be on hold until July 7, 2022. The bank failed to fulfill the net minimum capital requirements. Puerto Rico’s Offic...
Indian Crypto Exchanges Severely Hit By Regulators, Trading Volume Plunge By 90% !
During this crypto-winter, worldwide crypto traders have undergone significant losses. The situation is grim, as digital currencies’ worldwide market capitalization has fallen under $1 trillion, which...
Australian Regulators Mull Deal to Power Bitcoin Mines from Gas Fracking
Australian energy and resources company Black Mountain Energy has entered into a deal with a U.S. energy company to use gas from fracking to power Bitcoin servers. The initiative will harness the gas ...
Crypto skeptic Peter Schiff-founded bank goes insolvent, regulators say
U.S. economist and well known cryptocurrency skeptic Peter Schiff has stated that he intends to fight to be allowed to sell Euro Pacific International Bank which he formed in Puerto Rico. Despite the ...
Landmark MiCA regulation package approved by EU regulators
The European Parliament and the Council Presidency have agreed upon landmark crypto regulation, with negotiations resulting in the Markets in Crypto-Assets (MiCA) proposal, which will provide clear ru...
Binance Partners With Cambodian Regulators to Develop a Local Regulatory Framework
The world’s largest cryptocurrency platform – Binance – struck a deal with the Securities and Exchange Regulator of Cambodia (SERC). The collaboration will aim to impose comprehensive rules on the dom...
Three Arrows Capital Furnished Singapore Regulators With False Information
11 hours ago | 2 mins read Defi News $250 million assets under management (AUM) restriction was breached twice. A slew of companies have come out to reveal their 3AC exposure. According to a notificat...
Binance Inks MOU With Cambodian Regulators for Digital Asset Innovation
Leading cryptocurrency exchange Binance has signed a Memorandum of Understanding (MoU) with the Securities and Exchange Regulator of Cambodia (SERC) to work with the regulator to strengthen digital as...
Educating regulators will help to mitigate risks, says Figment exec
Cointelegraph’s managing editor Alex Cohen interviewed Figment’s staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like e...
Regulators may favor centralized stablecoins after Terra crisis
Swiss National Bank Deputy Head Thomas Moser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins and regulations during t...
Gensler proposes working together with other financial regulators under “one rule book”
The SEC has been in discussions with other financial regulators, including the Commodity Futures Trading Commission (CFTC), to work to provide greater regulation of the cryptocurrency space. According...
EU Regulators May Finalize Crypto Regulations by End of Month
The European Union (EU) will take major strides in regulating the crypto industry when it finalizes two major crypto-focused regulations by the end of the month. Crypto venture advisor Patrick Hansen ...
Investors Worried as Singapore Regulators Go Hard on the Crypto Industry
In recent years, Singapore has been a leading centre for blockchain and cryptocurrency technology. But at the same time, The Monetary Authority of Singapore has been aggressively regulating the crypto...
Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning – Coinotizia
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warn...
‘Brutal and unrelentingly hard:’ Singapore regulator’s clampdown on crypto
Singapore’s financial regulator and the central bank have pledged to be “brutal and unrelentingly hard” on any “bad behavior” from the cryptocurrency industry. The comments come from the Monetary Auth...
Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning – Featured Bitcoin News
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warn...
Pro-BTC Commissioner Hester Peirce Blasts Regulators, Says SEC Agenda Will Trigger ‘Dangerous’ Market Conditions
A high-ranking U.S. Securities and Exchange Commission (SEC) official is criticizing the regulator for policies that could prove detrimental to the economy and potentially erode faith in the instituti...
Time for Crypto to Make Nice With Regulators
But regulators, working off the old pre-crypto playbook for keeping financial entities in line, instinctively want someone or some entity to be held accountable. That means they can end up favoring th...
Tether To Work With UK Regulators for Launch of New Stablecoin Pegged to British Pound
The creators of a popular crypto asset designed to keep a US dollar peg now plan to expand their roster into the United Kingdom. In a new announcement, Tether says it will work with UK authorities to ...
Crypto.com scores approval from Singapore finance regulators
Major Singapore-based cryptocurrency exchange Crypto.com received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. The license will let t...