Five US states issued simultaneous cease-and-desist orders against an allegedly Russian-affiliated metaverse casino on Wednesday. Five state securities regulators issued emergency orders to the Flamin...
Tag: regulators
US Regulators Going After Stablecoins, Stresses Making Regulations Stricter
These days stablecoins are a controversial topic in Washington. U.S lawmakers are demanding the regulation of stablecoin urgently after Monday’s terra USD (UST) disaster. Janet Yellen,&nbs...
UK Prime Minister empowers regulators to seize more digital assets
The UK Prime Minister, Boris Johnson, is empowering regulators to fast-track the process of seizing cryptocurrencies. Johnson has introduced new legislation that focuses on the seizure of digital asse...
Rail regulators issue reporting requirements, seeking to improve rail backlogs
The Surface Transport Board said late Friday that it will require certain railroads to submit “service recovery plans” and additional data and regular progress reports on rail service, ope...
Australian Senator Urges Regulators to Approve Local Bitcoin ETF Applications – crypto.news
Senator Andrew Braggs has said that the Australian Securities and Exchange Commission (ASIC) should greenlight Bitcoin ETF applications from local investment managers before considering foreign player...
French Financial Regulators Approve Binance as a Crypto Service Provider
Global crypto exchange Binance has announced that its domestic arm has been granted a Digital Asset Service Provider (DASP) registration by the French financial markets regulator and banking superviso...
Binance Gets Green Light from French Regulators
Binance, a major cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asse...
How regulators got it wrong
The recent European Union proposal requiring centralized crypto exchanges and custodial wallet providers to collect and verify personal information about self-custodial wallet holders shows the danger...
FCA Official Says Regulators Need A More Balanced Approach Towards The Crypto Markets ⋆ ZyCrypto
Advertisement     The UK Financial Conduct Authority (FCA) is the UK’s foremost regulator for financial services companies, with digital asset companies also under the...
Cardano Creator Hoskinson: US Regulators ‘Not Prepared’ to Handle Crypto
On Wednesday, the founder of Cardano Charles Hoskinson spoke via satellite phone from the comfort of his private jet to attendees at the Financial Times Crypto and Digital Assets Summit. During his ta...
US Regulators Charge Archegos Capital for Fraud, $10 Billion Swap Loss
The United States’ Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have brought separate criminal charges of trading fraud against family office, Arc...
Binance slams claims of sharing user data with Russian regulators and FSB agencies as ‘categorically false’
The world’s largest cryptocurrency exchange by trading volume, Binance has hit back at claims that the platform was sharing user data with Russian regulators and FSB-controlled agencies. Binance label...
Binance hires former FCA and FINRA regulators
Binance continues its efforts to strengthen its leadership, on the one hand by hiring former FCA and FINRA regulators Steven McWhirter and Seth Levy respectively, and on the other hand by considering ...
Binance Hires Former FCA and FINRA Regulators to Strengthen Global Compliance Efforts
World-leading crypto exchange Binance has announced the hiring of former Financial Conduct Authority (FCA) and Financial Industry Regulatory Authority (FINRA) members to its team. The two are intended...
Australian Regulators Reveal Crypto Policy Roadmap
Key Takeaways The Australian Prudential Regulation Authority (APRA) has put forward a regulatory roadmap for cryptocurrency assets. The roadmap covers rules for working with crypto-assets, operational...
46 Crypto Executives Push EU Regulators To Reconsider Upcoming Digital Asset Rule Changes: Report
Crypto businesses are reportedly asking finance leaders in the European Union to reconsider a law that would require them to collect and share details of transactions involving Bitcoin (BTC) and other...
FCA veteran becomes interim head of financial regulator’s digital assets unit
Victoria McLoughlin, who has worked more than 11 years at the Financial Conduct Authority, is temporarily heading the digital assets department of the United Kingdom’s financial watchdog. According to...
‘Let’s build a Europe where Web3 can flourish:’ Crypto companies sign an open letter to EU regulators
Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal EU institutions with a call to ensure common-sense regulation, standardized complianc...
Fast-Moving FinTech Poses Challenge for Regulators
International Monetary Fund (IMF) urged more regulation of fintechs Fintechs are introducing systemic risks because they’re not playing by the same rules Here the IMF has taken a broader, more compreh...
Blockchain.com co-founder thinks the EU and UK are ‘progressive’ crypto regulators
Cointelegraph reporter Joseph Hall sat down with Nicolas Cary, the co-founder and president of Blockchain.com at the Paris Blockchain Week Summit, or PBWS, last week. Cary’s other roles include ...
Bitstamp Requires Its Users Provide Additional Info, To Align Itself With Regulators
Bitstamp cryptocurrency exchange moves forward to comply with regulations and requires its users to provide information about their original source of wealth. The company informed its users about the ...
Portugal Regulators Grant First Crypto License to Bank
Portugal-based Bison Bank has been given the go-ahead to operate as a virtual asset provider (VASP) by the county’s central bank. The announcement makes Bison the first bank to receive regulatory app...
Texas regulators order virtual casino to stop selling NFTs
A virtual, Cyprus-registered casino, Sand Vegas Casino Club, faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent ...
U.S. State Regulators Aim to Shutter NFT Casino
Key Takeaways State securities regulators in Alabama and Texas have filed cease-and-desist orders against Sand Vegas Casino Club. Those regulators say that the online casino sold NFTs to fund its oper...
Texas, Alabama securities regulators serve a casino NFT scheme cease-and-desists
The Texan securities regulator has issued an emergency cease and desist order to a metaverse investment scheme it has accused of being fraudulent The Texas Securities Commission is accusing Sand Vegas...
Chinese regulators target NFTs in the latest risk notice
TL;DR Breakdown Three Chinese financial and trade organizations have issued a joint statement warning investors about the dangers of investing in NFTs. Chinese crypto regulators and investors remain t...
Ripple vs SEC: Judge Strikes Down Regulator’s Request To Withhold Key Documents in XRP Lawsuit
A federal judge is striking down the U.S. Securities and Exchange Commission (SEC) request to withhold certain internal email conversations from its lawsuit against Ripple. Federal Judge Sarah Netburn...
US Regulators Move against $15.7M Forex Trading Scheme
The Commodity Futures Trading Commission (CFTC) has continued its bust of fraudulent schemes. On Wednesday, the agency filed a civil enforcement action against Kay Yang and her two companies, AK Equit...
Binance poaches French financial regulator’s deputy general counsel
Binance has hired Stéphanie Cabossioras from France’s Autorité des Marchés Financiers (AMF) in the latest example of a crypto exchange poaching staff from a financial regulator. Cabossioras was...
Regulators stop US Celsius users from earning yield
US regulators continue on their mission to ‘protect’ retail investors from earning rewards on their crypto. New customers to the platform after April 15 will be able to avail themselves of all other s...
Crypto mixers’ relevance wanes as regulators take aim
Cryptocurrency mixers have been an interesting topic of discussion ever since the advent of cryptocurrencies and their adoption by retail investors around the world. Cryptocurrency mixers are service...