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Tag: regulators
VCs Backing Away, Regulators Jumping on Stablecoins
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning. Here’s what’s happening: Prices: B...
Take LUNA’s Collapse As A Wake-Up Call Says Citadel Capital CEO Addressing Regulators
Ken Griffin, the CEO of Citadel Capital stated in his latest interview that the downfall of Terra (LUNA) acts as a wake-up call for the regulators. The recent stablecoin meltdown should push aut...
Citadel Capital CEO Ken Griffin Says Terra (LUNA) ‘Fiasco’ Should Be a Wake-Up Call for Regulators
Citadel Capital CEO Ken Griffin is arguing the collapse of Terra (LUNA) should serve as a wake-up call for regulators. In a new interview, Griffin says the Terra (LUNA) “catastrophe,” which also saw t...
South Korean Regulators Introduce New Frameworks To Protect Cryptocurrency Investors
Some jurisdictions are recently putting up regulatory measures to curb cryptocurrency asset investment challenges. Among the many countries on this move is South Korea. The government is making a few ...
Commonwealth Bank puts crypto trading trial on ice as regulators dither
The Commonwealth Bank of Australia (CBA) has put its plans for a second pilot program of crypto trading services on hold indefinitely and cut off access to those in the first round of testing. CBA sen...
Regulators to consider Terra`s fall in new crypto rules-UK
The recent crypto winter has spooked regulators. The demise of Terraform labs provides a strong argument for government intervention in the future phase of the cryptocurrency industry. Regulators arou...
South Korean Regulators to Speed Up Enactment Of Crypto Laws After Luna Incident ⋆ ZyCrypto
Advertisement     With the collapse of Terra’s LUNA and UST stablecoin sending shockwaves across the global virtual currency market, Korean financial authorities have ...
Indian Regulators Move to Make Celebrity Endorsement of Crypto Products Tough ⋆ ZyCrypto
Advertisement     The regulatory environment in India is increasingly becoming difficult for the crypto sector. In the latest development, the securities and commodity...
Binance Courts German Regulators as Push Into Europe Continues
Binance seeks to court German financial authorities in a renewed push to establish a presence in the country, following a rebuke from the regulator last year for offering tokens tracking American stoc...
Federal Financial Regulators Prepare To Throttle US Oil Producers
Climate change protestors covered in fake blood gather around the Wall Street Bull during an … [+] Extinction Rebellion demonstration in New York in 2019. Climate activists have long criticized ...
Crypto Could Be Akin to Mobile Money With Regulator’s Go Ahead, Says Kenyan Banker
The chief executive of one of Kenya’s biggest lenders has said that crypto could become part of the mobile money ecosystem if the country’s watchdog decides to give it the green light. Equity Group Ho...
SEC Chair Gary Gensler Says Crypto Regulators Gearing Up To Investigate Misconduct Complaints
Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), says that new staff members at the agency will begin to focus on investigating crypto-related complaints of misconduct....
Global financial regulators will discuss crypto at G7: Report
Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies. According to a Tuesday report from Reuters, Bank of ...
UK Regulators Reveal Retail Investors Find Research ‘Too Complicated’
A study by the United Kingdom’s Financial Services Compensation Scheme (FSCS) and the Financial Conduct Authority (FCA) revealed the grave concerns about the investment habit of retail investors. A pr...
Cryptocurrency Investors Can Expect Stricter Rules From Regulators After Terra’s Debacle ⋆ ZyCrypto
Advertisement     Financial watchdogs are on high alert following the meltdown from Terra’s blockchain. Regulators have pledged stricter rules for stablecoins in the c...
South Korean Regulators Call for Emergency Inspection after LUNA Crash
As a result of the recent collapse of the TerraUSD and LUNA cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digit...
EU regulators criticize stablecoins to promote Euro CBDC
EU regulators are using the recent Terra Luna situation to push forward with a Digital Euro CBDC. Many will see the volatility created by the attack on the algorithmically backed stablecoin, UST, as a...
MiamiCoin may be the next target for regulators as its rapid descent continues
Miami has made moves over the last year to position itself as a crypto hub, with Miami Mayor Francis Suarez declaring back in 2021 that “The City of Miami believes in #Bitcoin and I’m working day and ...
With UST’s depegging ‘LUNA-cy’ out in the open, regulators begin to get jittery
“You get regulated!” “You get regulated!” “Everybody gets regulated!” The Terra LUNA crash that led to the bleeding cryptocurrency market of $830 billion in market value has led regulators to question...
Bitcoin (BTC) Falls Back to $30,000 as Regulators Call for Action
Key Insights: On Sunday, Bitcoin (BTC) rose for a third consecutive day to end the week down 8%. It was a seventh consecutive week in the red. While the markets moved on from the TerraUSD and Terra LU...
US and UK Regulators to Take Action on Stablecoins after Terra’s Collapse
Regulatory agencies in the US and UK have raised their worries concerning stablecoins after the collapse of the controversial stablecoin Terra (UST). In recent days, stablecoins have led the crypto ma...
Nigerian regulators states new rules to regulate crypto
The Nigerian securities regulator has declared new rules that govern the provision of digital qualities. The new rules additionally embrace registration necessities for platforms that provide digital ...
$1 billion crypto ponzi scheme identified by 5 financial regulators
Digital currencies have been tested over the last month since the plunge The developing business sector has been shaken by fundamentally moving costs, falling resources, and an assortment of financia...
Crypto Regulators From 5 Countries Identify A Potential $1 Billion Ponzi Scheme
In recent months, investing in cryptocurrencies has been challenging. The emerging market has been shaken by radically shifting prices, collapsing assets, and a variety of economic challenges. Since N...
Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules – Regulation Bitcoin News
Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Co...
Regulators anxious about stablecoins like tether after UST collapse
The entire stablecoin market is now worth more than $160 billion. Justin Tallis | AFP via Getty Images Regulators are getting increasingly worried about stablecoins after the collapse of controversial...
Why Regulators Should Pay Attention To $UST – Coinpedia – Fintech & Cryptocurreny News Media
A dollar pegged stablecoin, TerraUSD has lost its peg twice over the past few days and has not recovered yet. The algorithmic stablecoin broke its peg this Monday again, hence it is necessary for regu...
Former Top Regulators Chris Giancarlo, Brian Brooks Invest In Crypto Risk Monitoring Startup Solidus Labs
Solidus founders from left to right: COO Chen Arad, CEO Asaf Meir, CTO Praveen Kumar Solidus Labs In 2018, struck by the Securities and Exchange Commission’s series of refusals to approve a bitcoin ET...