The last six months have been a financial strain for crypto investors. The market appears to be deteriorating by the day. Financial regulators have exacerbated the panic in the cryptocurrency market. ...
Tag: regulators
Energy providers hit out at regulator’s plans to protect UK consumers
A pledge by the energy regulator to crack down on electricity and gas suppliers using customers’ credit balances like an “interest-free company credit card” has been condemned by providers as “inadequ...
Michael Saylor Urges Regulators to Tame Crypto
Alex Dovbnya MicroStrategy CEO Michael Saylor is waiting for industry to grow up, claiming that “wildcat ecosystem” has to go away During a recent webcast appearance, MicroStrategy CEO Mic...
Fed Views Stablecoins as a Financial Instablity, Urges Regulators to Step in
The Federal Reserve published the latest “Monetary Policy Report” on Friday, categorizing the stablecoin industry – particularly the algorithmic stablecoins – as a risk of financial instability. Mean...
BIS Report: Regulators Gotta Determine If Miner Extractable Value (MEV) Is Illicit
The Bank for International Settlements has recently published a research paper and has equated miner extractable value (MEV) to illegal activities in conventional markets such as front running and san...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze – Coinotizia
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulat...
SEC, State Regulators Probe Crypto Lender Celsius Over Accounts Freeze – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) and several state regulators are reportedly investigating the decision by crypto lender Celsius Network to freeze withdrawals. U.S. Securities Regulat...
BitMEX Ends Battle with Regulators, as Delo Bags 30 Months Probation – crypto.news
BitMEX’s age-long legal battle with both the United States Department of Justice and the Commodities Futures Trading Commission (CFTC) for violating the Bank Secrecy Act (BSA), has finally come to an ...
Regulators need to determine whether miner extractable value is illegal, BIS report says
? Want to work with us? CryptoSlate is hiring for a handful of positions! A new research paper published by the Bank for International Settlements has equated miner extractable value (MEV) to illegal ...
Celsius Surrounded by 4 Separate Jurisdiction Regulators Amid Insolvency
Bitcoin News The Securities and Exchange Commission was also in contact with Celsius. The firm has temporarily suspended Customer withdrawals, swaps, and transfers. State authorities are investigating...
State Regulators Across the US Are Probing Celsius Network (CEL) After Withdrawal Freeze This Week: Report
Regulators in nearly half a dozen US states are looking into what caused popular crypto lending platform Celsius Network (CEL) to halt withdrawals last weekend. According to a new report from Reuters,...
State Securities Regulators Launch Investigation into Celsius Network Accounts’ Freeze
Celsius Network faces investigation from regulators across five states over its recent decision to suspend customer account withdrawals. Following its decision to suspend withdrawals, the Celsius Netw...
Regulators in Five States Target Celsius Over Withdrawal Freeze: Report
Securities regulators in five states have set their sights on crypto lending company Celsius Network over its decision to suspend customer withdrawals this week, according to a report by Reuters. Jose...
Regulators Need To Establish Whether MEV Is Illegal: BIS Report
Key Takeaways A new Bank for International Settlements research paper has likened MEV to illegal market manipulation in traditional markets. The paper suggests that regulators must establish whether M...
Celsius Investigated by Regulators in Four Different States
Key Takeaways Celsius is being investigated by state securities regulators from Texas, Alabama, Kentucky and New Jersey following its decision to halt customer withdrawals. The company has been commun...
Indian Regulators Think Regulating Crypto Is Extremely Difficult, Offer Alternative
India’s regulatory agencies are pulling all the tricks from the playbook in an attempt to regulate cryptocurrencies, but it might not just be enough after imposing bans and introducing taxes. The Secu...
DIDI Stock Up 49.73% as WSJ Reports Chinese Regulators Are Poised to End Probe
The crackdown on DIDI has been dual-faced with the company noting that the United States Securities and Exchange Commission (SEC) is also investigating it in relation to its IPO last year. Chinese rid...
Regulators’ lack of deep knowledge is crypto’s biggest threat
According to Michael Moro, CEO of Genesis Global Trading, one of the main threats to crypto is in his view that policy makers and regulators just don’t understand the crypto asset class, and that they...
Dubai Regulators Grants Provisional Approval To CryptoCom To Offer Crypto Services
Dubai Virtual Assets Regulatory Authority (VARA) approves CryptoCom to offer a variety of cryptocurrency services and products in Dubai. Once CryptoCom fulfills all its mandatory requirements in...
Regulators Sue Crypto Firm Of Winklevoss Twins Concerning Futures Contracts
Winklevoss twins face a problem as the Futures Trading Commission (CFTC) filed a suit against Gemini Trust Company. The Commission calls for civil monetary penalties and an order blocking Gemini and i...
Confusion between lawmakers and crypto regulators
This is not a new issue, but it is made topical by the flurry of statements and stances of important names in institutional finance, which followed the tsunami that swept through the Terra – LUNA ecos...
Multibillion-Dollar Loot Box Industry Under Fire As Campaigners Urge Regulators To Investigate FIFA Video Game Maker
Topline A letter Thursday from several advocacy groups called for the Federal Trade Commission to investigate FIFA video game maker Electronic Arts over its loot box feature in games, a controversial ...
Tech Experts Urge Regulators to be Sceptical on Digital Currencies Innovation
A group of technology innovators has sent a letter to the United States Congressional Leadership, Committee Chairs, and Ranking Members, urging them to take a critical look at cryptocurrency innovatio...
EU regulators propose nixing crypto exchange licenses over money laundering breaches
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency exchanges should lose their licenses in case of severe breaches of anti-money laundering (AML) rules, EU regula...
Crypto Exchanges Should Lose Licenses for Laundering Breaches, EU Regulators Say
MiCA should “appropriately integrate AML/CFT issues in prudential supervision of entities”, said the report, which is looking at whether the anti-money laundering powers contained in rules for differe...
Senators And Regulators Don’t Think $60B Collapse Of Key Crypto Is Sector’s Bear Stearns Moment
The recent instance of the Terra meltdown was a sudden and shocking one for the crypto investors as folks had to go through major losses. Some investors cited these instances as a Bear Stearns moment...
Terra (LUNA) Blow-Up Requires Immediate Action From Regulators To Protect Crypto Investors: CFTC Commissioner
The Commissioner of the Commodity Futures Trading Commission (CTFC) says immediate regulatory actions are needed to safeguard crypto traders after Terra (LUNA) and its stablecoin TerraUSD (UST) collap...
We have hundreds of blockchain patents but regulators block us
As the cryptocurrency market expands across the world and enters various industries, individuals and major corporations are becoming more interested in jumping on the crypto bandwagon themselves. Howe...
Stepn to block mainland China users in compliance with regulators, SCMP says
Solana-based “move-to-earn” game Stepn will block users in mainland China as required by the authorities there, the South China Morning Post reported on Friday. Stepn is an Australia-based company tha...
STEPN Set to Ban Mainland China Users in Compliance with Regulators
Well-known move-to-earn game STEPN announced on Thursday that it will stop offering IP and GPS-related services to users from mainland China, as required by the authorities. The new ban will come into...