A US Senator has urged regulators not to clamp down too strictly on cryptocurrencies, comparing their rise to that of the internet. Wyden is chair of the Senate Finance Committee, and the author of th...
Tag: regulators
Bitcoin not a commodity or security declares Saylor as he hits back at regulators
Speaking on PBD Podcast on March 1, Michael Saylor claims that BTC should be defined as the world’s only actual scarcity rather than a commodity or security. The Commodity Futures Trading Commission (...
Binance to leave UK regulators shaken and stirred with this move
Binance is making headlines again, but not thanks to its usual regulatory woes. The crypto exchange giant announced the launch of Bifinity, a payment tech company, and Binance’s “official fiat-to-cryp...
Japanese Regulators Holds Discussion to Fix Crypto Loopholes in Russia Sanctions
Sanctions from the West have been hitting Russia’s economy hard. But Japan’s financial regulator and the country’s industry body for cryptocurrencies is now looking to ensure that these sanctions are ...
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia – Bitcoin News
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of...
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
The State of Wyoming has approved California-based crypto broker SFOX for a trust charter, allowing the firm to provide custodial and other crypto-related services to institutional clients. In a Tuesd...
US, EU Regulators Vow to Remove Russian Banks from SWIFT Network
Perhaps, one might say the attack on Ukraine by Russian forces is not well coordinated as leaders worldwide continue to announce sanctions on key individuals and institutions in Russia. One of the la...
Canadian Regulators Investigate Coinbase, Kraken CEOs For Promoting Self-Custodial Wallets
The Ontario Securities Commission (OSC) recently flagged Brian Armstrong and Jesse Powell – CEOs of Coinbase and Kraken respectively – for tweets surrounding Canada’s freedom convoy protests. Each has...
Global Regulators Taking Full Steam Ahead to Control Digital Assets
It is expected that we would see worldwide regulatory convergence for certain of them. particularly stablecoins and digital asset service providers, Ophele said during an Afore Consulting webinar. The...
Which Regulators Are Shaping U.S. Crypto Policy?
Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC, are responsible for establishing rules for t...
EU Commissioner urges regulators to address specific issues in the crypto industry
The EU Commissioner for financial services, financial stability and capital markets union Mairead McGuinness spoke of the “global need” for regulators to create legislation for the crypto industry. Sp...
Binance ‘concerns’ UK regulators, is the exchange getting too big for its boots
In 2021, Binance made headlines when it was chased out of jurisdiction after jurisdiction in order to comply with local laws. But in 2022, are things changing for the once-targeted exchange? Watch out...
Binance Halts Operations in Israel Following Financial Regulator’s Request
Binance has stopped its marketing activities and suspended operations in Israel after the country’s financial regulator asked it to do so. The issue has to do with licensing, and the platform will not...
Regulators won’t let Boeing certify new 787 jets for flight
Federal safety regulators say they will retain power to approve Boeing 787 airliners for flight rather than return that authority to the aircraft maker, which hasn’t been able to deliver any new Dream...
Global Regulators ‘Going Full Steam’ on Crypto
Current Structure Is No Longer Fit for the Purpose of cross-border digital market activities, Regulators need to actively supervise crypto sector FSB can only provide guidelines but can’t make binding...
BlockFi Progress With Regulators Pioneers New Frontier Of Finance
DeFi -Decentralized Finance getty Crypto enthusiasts often espouse economic anarchy as the future and a coming utopia. Most people prefer regulation to perishing by the law of the jungle, and scams an...
US Regulators Probe into Block Trades, Subpoenas Issued
The US Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the ...
Crypto Tops Investor Threats for US Securities Regulators – Coinotizia
U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and rel...
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments – Regulation Bitcoin News
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other op...
Regulators witnesses a new twist of laundering via NFTs
NFTs have gained mainstream utility over the last year. Several pixelated arts have been sold for millions of dollars. And still the craze for these digital collectibles are continuing to surge. Howev...
Report: BlockFi Inc. might have to shed $100 million to settle with the regulators
Bloomberg reported citing sources that BlockFi Inc. might have to pay $100 million to settle with the Securities and Exchange Commission (SEC) and the state regulators. The allegations include offerin...
Global Regulators ‘Going Full Steam’ on Crypto — Official Says ‘Current Structure Is No Longer Fit for the Purpose’ – Regulation Bitcoin News
Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the...
Crypto Sector Could see new Rules from Global Regulators
Although regulators have been slow to make a move on the crypto industry, they could come up with a new global framework of rules within months, an official from the Financial Stability Board said. Th...
Regulation By Enforcement And Crypto Assets
Crypto businesses are worried about SEC’s recent plans to expand oversight to digital assets, which might currently trade outside its supervision. This concern also results from the fact that regulato...
Moderna’s Covid vaccine for teens awaits OK as regulators review heart inflammation risk
A healthcare worker fills a syringe with Moderna COVID-19 vaccine. Ben Hasty | MediaNews Group | Getty Images For months, the authorization of Moderna’s Covid-19 vaccine for teenagers has been o...
Citigroup CEO faces disgruntled workers, regulators’ demands in tough first year
Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisen...
Indian Regulators State That Cryptocurrency Is Not Illegal and Now Taxed as Gambling Winnings
Arman Shirinyan Indian regulators compare gains from cryptocurrency trading to gambling The Indian regulators have stated that it will not treat cryptocurrency trading as an illegal activity a day aft...
Regulators’ Internet Symposium Signals Softer Touch
China Last Night KraneShares Key News Asian equities followed the US’ strong Friday performance overnight. China, South Korea, and Taiwan markets were all closed for Lunar New Year while Hong Kong had...
Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs
Hong Kong financial regulations have published new guidance New rules single out products like spot ETFs The new guidelines were published on Friday Hong Kong monetary controllers have distributed n...
Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake – Featured Bitcoin News
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately o...