Coinbase chief executive Brian Armstrong says he’s in Washington, D.C. to talk to officials about crypto as the industry faces a wave of regulatory scrutiny. In a tweet to his 1.1 million followers, A...
Tag: regulators
The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!
The post <strong>The SEC Declares War on Crypto- Paxos, a Licensed Firm, is Sued By Regulators!</strong> appeared first on Coinpedia Fintech News With the fresh round of allegations, The S...
Bitstamp Gets Operational License From French Regulators – Here’s What Happens
Bitstamp has been extending its operational tentacles in the industry. The crypto exchange’s latest addition is an active license in France. The crypto exchange has completed its registration with the...
Regulators in India Are Still at War with Crypto
The Minister of State for IT Rajeev Chandrasekhar is going against the ideas set forth on crypto by the Reserve Bank of India (RBI). In a recent interview, he claimed that should all crypto-based laws...
Bakkt exits consumer business to focus on B2B as regulators crack down
Bakkt is nixing its consumer app to focus on its business-to-business technology solutions. Bakkt, which offers a platform for commerce to link to cryptocurrency, said it will continue its core ...
Binance Coin Dumps Below $300 Following News From US Regulators: Market Watch
Bitcoin had tapped $22,000 hours before the latest regulatory scrutiny coming from the US, this time going after Paxos and the BUSD stablecoin the company issues. Somewhat expectedly, the altcoins hav...
Nexo shutters US Earn product a month after settling with regulators
Cryptocurrency lending firm Nexo Capital is set to terminate its yield-bearing Earn Interest roduct for its customers in the United States roughly a month after it agreed to pay $45 million in penalti...
Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry – Bitcoin News
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would wor...
PayPal Suspends Work On Its Stablecoin As Regulators Step Up Crypto Scrutiny
Based on reports from various news outlets, PayPal has apparently decided to abort the launch of its stablecoin that was expected to be unveiled in the upcoming weeks, despite releasing its 2022 fourt...
Paxos Faces Scrutiny From New York Regulators As They Gear Up To Protect Consumers
BUSD and USDP issuer Paxos have come under New York regulators’ radar. Although there is no specific reason for the investigation, reports revealed that the New York Department of Financial Services (...
As Security Regulators Hire, Justin Sun Promotes Tether in Hong Kong
Justin Sun is strengthening ties between Tether and Hong Kong. The Securities and Futures Commission of Hong Kong hired four more personnel. Sun revealed his aim to involve Huobi and Tron staff in Hon...
Are Regulators Taking Aim at Crypto Staking? Rumors Suggest New SEC Scrutiny
As U.S. regulators continue to tighten their reigns on crypto, rumors are swirling that the next target could be the practice of cryptocurrency staking. “We’re hearing rumors that the SEC would like t...
Twitter Lags Behind Other Tech Giants In Disinformation Fight, EU Warns—As Musk’s Platform Antagonizes Regulators
Topline Twitter’s efforts to tackle disinformation have fallen behind other major platforms in the last six months, the European Commission said on Thursday, chastising the platform for not taking its...
US financial regulators warn against crypto exposure in retirement accounts
Three financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to cryptocurrencies. In a Feb. 7 notice, the United S...
Kevin O’Leary Says Binance Should Be Worried About Regulators Swarming, Warns 10,000 Tokens Will Go to Zero
Venture capitalist and Shark Tank star Kevin O’Leary says that he thinks crypto exchange Binance may face regulatory scrutiny in the near future. In a new interview with Scott Melker, the former paid ...
UK regulators to set new rules for crypto ads
The United Kingdom’s Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions. In an official pres...
Australia’s Government is Bolstering Its Market Regulator’s Digital Asset
As part of its “multi-stage strategy” to cracking down on cryptocurrencies and ensuring that crypto companies provide accurate risk disclosures, the Australian government is increasing the...
US Regulators Launch Official Probe Into Silvergate-FTX Dealings
Silvergate, one of many creditors to take huge losses due to FTX going under, was previously forced to lay off 40% of its staff. This hit to its business was compounded by billions of dollars in subst...
Peter Schiff Knew Celsius Network Was Ponzi, Wonders Why Regulators Did Not
Godfrey Benjamin Bitcoin critic said he knew Celsius network was Ponzi scheme all along Popular crypto critic Peter Schiff has called out regulators in the United States of America for not discovering...
Regulators May Be ‘Speeding Up Their Timeline’ on Cryptocurrencies
Properly measuring counterparty risk in crypto has rarely been more crucial. This is the clear message emanating from a panel at the iConnections Global Alts conference in Miami on Tuesday featu...
Hong Kong regulators push for stablecoin guidelines
Regulators in Hong Kong are looking to establish guiding principles for stablecoins before the end of 2023. The news is the latest in a series of crypto-focused regulations from Hong Kong as the city ...
Regulators Seek Crypto Blood, They Shatter Annual Record With 58 Legal Actions
In the last year, many have claimed the crypto industry is under attack by U.S. regulators and recent data supports this perception. The agencies in this country shattered all previous records, since ...
FTX Founder SBF Hoped On Foreign Regulators’ Leniency To Stall Bankruptcy
The founder of disgraced crypto exchange FTX Sam Bankman-Fried (SBF), has once again come under serious criticism. According to U.S. Justice Department in a Wall Street Journal report, SBF attempted t...
Australian regulators investigated FTX before collapse
Australian securities regulators were investigating FTX as early as March 2022, according to emails obtained by The Guardian. The investigation looks to have begun after it became clear that FTX was o...
Australian regulators reported concern surrounding FTX – 8 months before its collapse
Australian regulators were concerned about FTX since March 2022 — 8 months before the crypto exchange collapsed, according to a report by The Guardian. Documents obtained by Guardian Australia indicat...
US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action – Regulation Bitcoin News
U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack do...
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
Moody’s Corporation is reportedly planning to develop a scoring system for stablecoins, per reporting from Bloomberg. The scoring system will include up to 20 stablecoins, analyzing the quality of ea...
Warren Pushing All Regulators to Clamp Down on Crypto
Senator Elizabeth Warren has called on all federal regulators, in addition to the Securities and Exchange Commission (SEC), to rein in cryptocurrencies. Warren recently spoke at an event hosted by the...
“SEC’s Shallow Approach Is Limiting BTC” Grayscale CEO Takes A Swipe At US Regulators ⋆ ZyCrypto
Advertisement     Michael Sonnenshein has criticized the SEC’s regulatory approach, describing it as shallow and one-sided. He calls for the SEC to work round the cloc...
SEC Commissioner Hester Peirce Says Regulating DeFi Not Practical, Presents Many Challenges to Regulators
A high-ranking pro-Bitcoin (BTC) official from the U.S. Securities and Exchange Commission (SEC) says regulating decentralized finance (DeFi) is “impractical.” In a new speech at a Duke University Dig...
SEC Commissioner Says Regulator’s Current Approach Will Take 400 Years to go Through Cryptos it Alleges Are Securities
SEC Commissioner Explains Why the Regulator Has Not Created Crypto Rules. According to Peirce, the regulator’s current approach will take 400 years to go through all the cryptocurrencies it alleges ar...
UK regulators deliberate investment products ban – Cryptopolitan
UK regulators have announced that they are now considering the decision of keeping investment products like derivatives and other crypto products off the market for retail traders. According to the jo...