In a separate closed-door portion of the meeting, the regulators – including Gary Gensler, the head of the Securities and Exchange Commission (SEC), and Rostin Behnam, who runs the Commodity Futures T...
Tag: regulators
New York Financial Regulators share guidance to banks regarding crypto
Change is the only constant thing in the universe; if people do not change with change, they will perish. It is a universal law. The traditional way of finance is changing and in the modern day, crypt...
Germany Urges Global Regulators to Enforce Serious Crypto Rules (Report)
Mark Branson – President of Germany’s financial market regulator BaFin – reportedly urged global authorities to cooperate and impose appropriate laws on the cryptocurrency industry. Such rules could g...
Bankman-Fried lieutenant alerted regulators to misuse of customer funds
One of Sam Bankman-Fried’s top lieutenants told Bahamian authorities that customer funds from the firm were used to plug holes in the balance sheet of his investment fund, Alameda Research. In a...
How To Remain Compliant With Data Privacy Regulators When You Are In the Crypto Industry
– Advertisement – Since we live in the age of data privacy regulators, we must pay close attention to whether we remain compliant with them. Especially when dealing with crypto, it’s even ...
Protect crypto investors’ trust: Goldman Sachs to regulators.
Even after the FTX collapse, Blockchain technology is not being questioned. The pressing question is about the lack of regulations. Lawmakers and regulators are yet to define rules for the crypto mark...
Canadian Securities Regulators Ban Crypto Margin Trading
With FTX’s collapse spurring global regulators into action against the crypto industry, the Canadian Securities Administrators (CSA) are no exception. On Monday, the association announced an expanded ...
Thailand Regulators Prepare Stricter Rules For Crypto
Financial regulators in Thailand are about to get tough on crypto. The move follows a tumultuous year in which Asians have suffered major losses. On Dec. 13, the Bangkok Post reported that the Thai Se...
Bahamas regulators investigate FTX client withdrawals: Bloomberg
Whether or not FTX executives played a role in client withdrawals that took place after the exchange saw its assets frozen is now under investigation by Bahamian authorities, Bloomberg News reported, ...
Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
US banking regulator’s crypto warning
A United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies saying the sector should take a “cautious approach” and seek permission in some cases when engaging ...
Regulators Under Pressure To Investigate Banks
In light of the FTX incident, United States lawmakers are putting pressure on key federal financial regulators to investigate banks with ties to cryptocurrencies. Senators Question Banks Democratic ...
Two US Senators Demand Answers From US Regulators on Banking Sector’s Exposure to Crypto
US Senators Elizabeth Warren and Tina Smith are demanding answers from a group of top US regulators about the banking sector’s exposure to crypto in the wake of FTX’s implosion last month. On Wednesda...
US lawmakers question federal regulators on banks’ ties to crypto firms
Two members of the United States Senate have called on the heads of federal financial regulators to address “ties between the banking industry and cryptocurrency firms” in the wake of FTX’s collapse. ...
Stablecoin framework is a near-term priority for Aussie regulators
Australian financial regulators are “working on options” for incorporating payment stablecoins into the regulatory framework for stored-value facilities. Such incorporation would be a part of broader...
Senators question U.S. banking regulators on crypto exposure
Two U.S senators have written to agencies tasked with supervising the financial sector to seek details about banks’ exposure to cryptocurrencies. Sens. Elizabeth Warren, D-Mass., and Tina ...
Japanese regulators recommend against algorithmic stablecoins in late response to UST
Japanese regulators advise against the adoption of algorithmic stablecoins in what appears to be a late response to the fall of TerraUSD (UST). Japanese financial regulator Financial Service Agency (F...
Dimon says regulators should focus on crypto and not big…
The CEO of JP Morgan says that Crypto is a sideshow and its tokens are like pet rocks. Ever ready to launch digs at the cryptocurrency industry, Jamie Dimon, CEO of the second largest bank in the worl...
Nexo to Leave US After Hitting Brick Wall With Regulators
Crypto lending platform and exchange Nexo will wind down product offerings as it looks to exit the U.S. market after failing to strike a clear path forward with regulators. Starting on Dec. 6, 2022, t...
Regulators face public ire after FTX collapse, experts call for coordination
2022 is nearing an end and might go down as one of the most eventful years for the crypto industry owing to the prolonged winter that had wiped more than 70% of the market cap from the top and the bar...
Ripple CEO Invoked for Cooperation with Regulators
XRP delisted from Coinbase crypto exchange due to low usage. Brad Gralinghouse mentioned the acquisition of Poloniex by Circle. In a recent interview with CNBC, the Chief Executive Officer of Rippl...
Ripple CEO Believes Regulators Should Make It Harder to Pull Off FTX-Style Scams
Alex Dovbnya Ripple CEO Brad Garlinghouse believes that regulators should disincentivize “horrible behavior” In a recent tweet, Ripple CEO Brad Garlinghouse said that he agreed with Crypto Council CEO...
Ukraine regulators seeks crypto experts for its framework
Yesterday, the Ukrainian regulatory community launched its first collaborative initiative to update its crypto framework. The Ukrainian government organized the meeting on their national crypto framew...
Crypto Exchange Agrees to Pay Penalties to the US Regulators
Earlier in July 2022, Kraken was accused by its Iranian users. Kraken will be paying $362,159 to settle its potential liability in the case. The United States Treasury Department has officially sett...
Kraken decides to settle Iran sanction allegations with U.S. regulators
On 28 November, the U.S. Treasury Department announced that cryptocurrency exchange Kraken has agreed to pay a settlement fee of $362,000 against accusations that it violated sanctions against Iran. O...
Kraken Agrees to Settle with US Regulators for Violating Sanctions
Cryptocurrency exchange Kraken has agreed to pay the penalty to settle civil liability related to apparent violations of sanctions on Iran. As part of the deal with OFAC, Kraken would pay more than $3...
Bahamas Attorney General Defends Regulators’ Action
According to the AG, the comments misrepresented the timely action taken by the Securities Commission and used inaccurate allegations. Bahamas Attorney General, Ryan Pinder, has defended the quick act...
Belgian Regulators Classify Bitcoin and Ethereum as Non-Securities
11 mins ago | 2 mins read Bitcoin News The FSMA has said that it has received several inquiries on the regulatory status. Bitcoin (BTC) is disregarded as security since there is no central authority b...
U.S. state regulators investigating Genesis – crypto.news
State securities regulators are investigating Genesis Global Capital as part of a wide-ranging inquiry into the interconnectedness of crypto firms, Genesis’ connection to retail investors and whether ...
Genesis Global Capital Under Scrutiny By US State Regulators
Crypto trading firm Genesis, a renowned crypto lender and lists among the top lenders in the world, is reportedly under the lens of regulators in the state of Alabama and other U.S. states. The state ...
Alabama State Regulators probes Genesis
State Securities are interrogating Genesis Global Capital in a wide range of probes into the interrelation of the crypto companies. The report highlights that the Alabama Securities Commission is seek...