The Virtual Assets Regulatory Authority (VARA) in Dubai is set to roll out new rules of engagement that will serve as an operational guide for crypto firms domiciled in Dubai. The apex regulatory bod...
Tag: Regulatory
Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule
Dubai regulatory body issues rules for crypto firms covering exchange services and advertising. The penalty for non-compliance is a fine between $5,400 and $54,451.32. The issuance of privacy coins is...
South Korean regulatory body gives security token guidelines
Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in ...
a roller coaster for bitcoin amid more regulatory efforts, fresh allegations on ex-FTX boss
The last week in the crypto scene was punctuated mainly by the continuation of existing trends. The rise in regulatory pressures and enforcement actions remained the same. Bitcoin (BTC) saw significan...
Australia cracks down on crypto scams, boosts regulatory team
The Australian government is strengthening its market regulator’s digital asset team as part of a three-stage plan to regulate crypto and ensure proper risk disclosure from crypto companies. According...
CFTC ‘well-positioned’ to fill regulatory gap in crypto: Behnam
Turmoil in the cryptocurrency markets shows action is needed and the Commodity Futures Trading Commission is “well-positioned” to fill a regulatory gap in cryptocurrency markets if Congress chooses, t...
Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies
Recent reports indicate that Republican United States Senator Tim Scott, who serves as the ranking member of the Senate Banking Committee, aims to build “a bipartisan regulatory framework”...
SEC Under Scrutiny: Congress To Review Regulatory Overreach
For several months, the SEC has been under fire for its actions. It was unsuccessful in preventing the FTX from collapsing and saving investors millions of dollars. It has a long-running lawsuit again...
Coinbase To Relist XRP Now That There Is Regulatory Clarity?
The community is hopeful that XRP could be relisted on Coinbase following the success of attorney John E. Deaton who won what is believed to be regulatory clarity regarding secondary market sales of c...
EU eases regulatory burden for crypto smart contracts in draft legislation
The European Union’s plans to regulate crypto smart contracts, the infrastructural underpinnings of decentralized finance, look to be heading in a less onerous direction. After lawmakers ...
Michigan’s Cannabis Regulatory Agency Reports Record-High Sales—And Robberies
getty Key takeaways Michigan’s CRA reported that the state brought in over $221 million in revenue for December between adult-use and medical-use marijuana sales While the revenue news was positive, t...
sustained regulatory efforts amid increased adoption, more trouble for Sam Bankman-Fried
The last week in crypto was mixed, seeing progress and obstacles. Increasing global regulatory efforts and general adoption pointed to steady support. Meanwhile, increased hacks and scams reminded the...
Regulatory Clarity? Financial Watchdogs Could Not Be More Clear
What is meant by regulatory clarity? The U.S. Congress has the power to draft and pass laws that direct government agencies such as the SEC and DOJ to issue rules, supervise entities and conduct enfor...
Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes – Fintech Bitcoin News
The Ghanaian and Nigerian central banks have invited financial innovators that wish to be included in their respective regulatory sandboxes to submit applications. The Bank of Ghana said its sandbox w...
UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod
Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of 300 crypto firm applications seeking regulato...
UK’s FCA Gives Regulatory Approval To Crypto Firms But Only A Few, Here’s Why
Despite its goal to become a crypto hub, the United Kingdom (U.K.). is still strict with its crypto regulations. Today, the U.K. financial conduct authority disclosed its regulatory approval of crypto...
Crypto lawyers to be in demand as regulatory pressure reaches boiling point
Crypto-versed lawyers will play an increasingly important role in Web3 firms — particularly as the industry braces for regulatory turbulence following the implosion of FTX, two legal academics believe...
Chewy Connect With a Vet faces regulatory hurdles, skeptical veterinarians
The Chewy.com application is displayed in the on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Chewy, the e-commerce pet-goods giant best known for its convenient auto-ship services and ge...
Charles Hoskinson Mirrors Deaton’s U.S. Crypto Regulatory Predictions
As was reported by CoinPedia a few days ago, popular crypto attorney John Deaton had predicted that crypto regulation isn’t coming to the United States until at least 2025 or even later than that. And...
The UK’s Regulatory Policy Committee is Against the FCA
There is a lack of consensus among those who make decisions on public policy in the United Kingdom over whether or not retail investors should be barred from purchasing, promoting, or distributing der...
Singapore Regulator Advocates ‘One Regulatory System’ for Crypto and Traditional Finance – Regulation Bitcoin News
Singapore’s senior minister and the chairman of the central bank, the Monetary Authority of Singapore (MAS), says there should be just “one regulatory system” for both crypto and traditional finance. ...
Why Ripple’s predicted victory could be SEC’s regulatory undoing?
Full crypto regulation was not bound to happen soon according to Ripple’s lawyer. The XRP technical outlook showed that the token’s movement could end in consolidation. It is no longer a new developme...
IMF Division Chief and Deputy Managing Director Call for Swift Regulatory Action to Avoid Crypto Contagion to Legacy Finance – Regulation Bitcoin News
An International Monetary Fund (IMF) division chief and deputy managing director are calling for more action to be taken in the regulatory aspect to avoid crypto’s ups and downs affecting banks and tr...
FTX U.S. channeled business to S&C, alleges former Chief Regulatory Officer
Former FTX legal counsel accused the firm’s U.S. general counsel of channeling business to S&C. S&C allegedly served as personal counsel to Sam Bankman-Fried and another key FTX executive. For...
FOX’s Gasparino Says “SEC Botched Its Regulatory Agenda” By Suing Ripple, Deaton Reacts
– Advertisement – Gasparino releases new comments on the FTX implosion. In a tweet today, FOX Business senior correspondent Charles Gasparino slammed the Securities and Exchange Commissio...
Billionaire Jack Ma Reportedly Visits Hong Kong As Regulatory Pressure Eases In Mainland China
Alibaba Group cofounder Jack Ma. AP Photo/Firdia Lisnawati Jack Ma, the cofounder of Chinese e-commerce giant Alibaba, is now in Hong Kong to meet friends and finance executives, the Hong Kong Economi...
Binance Gains Crypto Regulatory Approval in Poland
Binance moves ahead with crypto regulations by getting approvals in Poland, while the UBS chairman lashed out at regulators. Since the FTX blowup, the crypto regulations have been the primary focus of...
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis – Bitcoin News
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the...
Crypto Exchange Binance Receives Regulatory License in Poland
5 hours ago | 2 mins read Exchange News Polish customers must agree to the company’s updated Terms and Conditions. The Swedish Financial Supervisory Authority has granted regulatory permission. Binanc...
Ripple vs SEC Lawsuit To Decide Crypto Regulatory
The long-running Ripple vs SEC or the US Securities and Exchange Commission case finally seems to be coming to an end after the SEC filed for a summary judgment. The way the developments are shaping u...
Eat Just To Scale Up Cultured Meat Production On Gaining New Regulatory Approval In Singapore
Josh Tetrick (middle), cofounder and CEO of Eat Just Inc., has teamed up with family-owned Huber’s … [+] Butchery, a Singapore-based producer and suppliers of meat products, to sell their ...