The Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned the crypto industry that a “regulatory onslaught is just beginning.” His warning followed several recent e...
Tag: Regulatory
Tencent Shares Hit Multi-Month Highs Atop Regulatory Ease
With the easing of pressure from authorities, Tencent shares may still see additional upshoots when compared to the level it is currently at this time. The shares of Chinese multinational internet gia...
Crypto Ban Proposed by Bank of International Settlements as Regulatory Approach
Vladislav Sopov To ban, to contain, to regulate: Three approaches suggested by BIS to prevent 2022 collapse from happening again Contents Crypto should be banned, isolated or regulated, BIS states Are...
Consequences of crypto’s ongoing regulatory process
The case of LBRY highlights a wave of renewed regulatory pressure that could affect both blockchain token-issuing companies and their investors. In November, an over year-long court battle between the...
UAE Introduces First Regulatory Regime For Virtual Assets
UAE introduces federal-level virtual asset regulations. The regulations will protect investors of the state from risks in UAE’s virtual asset market. The Cabinet exempted financial-free zones like ADG...
The web3 regulatory landscape in the UAE
Irina Heaver, a crypto lawyer based in the Middle East, authored the following guest post. 2022 was an eventful year for the Web3 Founders, crypto lawyers, and Financial Regulators. The industry witne...
Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
Coinbase earns most of its revenue from retail trading fees, and trading volume has dropped even more sharply in recent weeks. As a result, S&P expects the U.S.-based exchange’s profitability to “...
Binance receives regulatory approval from Swedish FSA
After months of constructive engagements with Swedish financial authorities (FSA), Binance Nordics AB on Jan.11 announced that it had been granted registration, as a virtual currency trading and finan...
Crypto Exchange Binance Receives Regulatory License in Sweden
This is the seventh EU country where the platform has been granted such a license. Binance’s Swedish subsidiary Binance Nordics AB has received the registration. Binance, the biggest cryptocurrency ex...
Binance Secures Regulatory Approval in Sweden
The Swedish Financial Supervisory Authority registered the world’s largest cryptocurrency exchange – Binance – as a financial institution for management and trading in virtual currency in the Scandina...
Binance Receives Regulatory Approval to Operate in Sweden
– Advertisement – The latest license marks the exchange’s seventh regulatory approval in the EU on its journey to global reach. Binance, the world’s largest exchange, has received regulato...
CryptoCom To Delist USDT in Canada Due To Regulatory Pressures
On January 9, Crypto.com announced the delisting of USDT —the most important stablecoin in the crypto ecosystem— in Canada to comply with the country’s regulations. Several users on Reddit and Twitter...
Swyftx Closes Earn Program Citing Lack of Regulatory Clarity; Are customer funds safe?
Earn allows users to earn interest on their funds held on their Swyftx wallets. The exchange might have suggested that the move might be temporary. Swiyftx announced the move in December Australian cr...
US commercial bank closes crypto service over regulatory concerns
Metropolitan Commercial Bank has announced that it will be closing down its crypto business due to the regulatory environment. Uncertainty for banks The New York-based bank, which has been offering cr...
SEC Desperate To Hide 2022 Crypto Regulatory Shortcomings
Join Our Telegram channel to stay up to date on breaking news coverage The US Securities and Exchange Commission has been criticized for failing to offer regulatory clarity in the crypto industry. The...
Swyftx Scraps Its Yield Program Citing ‘Regulatory Landscape’
Australian cryptocurrency exchange Swyftx has announced it will be closing its Earn program this week, citing “the constantly changing regulatory landscape.” Upon closure of the program on Jan. 10, us...
Alibaba Leads China Tech Gains as Regulatory Woes Ease Further
(Bloomberg) — Chinese tech stocks jumped as the sector’s outlook improved further following regulator comments that a years-long crackdown is ending. Most Read from Bloomberg Alibaba Group Holdi...
DCG Faces Regulatory Investigation Over Internal Transfers
A day after Digital Currency Group (DCG) announced shutting down its wealth management unit, US authorities launched an investigation into the internal financial dealings of the company. DCG is the pa...
Ripple Boss Bullish About 2023 Being The Year Regulatory Issues In US Gain Breakthrough Clarity ⋆ ZyCrypto
Advertisement     Brad Garlinghouse, the CEO of Ripple Labs, has expressed his cautious optimism about regulatory clarity for the crypto industry potentially coming to...
Jack Ma’s Ant Group Gets Regulatory Nod For $1.5 Billion Capital Increase Plan
Jack Ma, co-founder of e-commerce giant Alibaba and fintech giant Ant Group. (Photo by Chesnot/Getty Images) Getty Images Chinese billionaire Jack Ma’s Ant Group won regulatory approval to boost the r...
Morocco finalized crypto regulatory framework: Central Bank
Morocco may see its first crypto bill introduced “in the following days.” The document is already written by the Central Bank and will be discussed with the industry stakeholders. Late last month, du...
Ripple CEO Optimistic About Achieving Crypto Regulatory Clarity in U.S. in 2023
Alex Dovbnya In a recent Twitter thread, Ripple CEO Brad Garlinghouse has expressed his cautious optimism regarding a potential breakthrough in regulatory clarity around cryptocurrencies in 2023 Rippl...
We Know About Morocco’s Crypto Regulatory Framework?
Morocco drafted a crypto law allegedly directed at safeguarding crypto investors from the risks of the nascent industry. This will be Morocco’s first cryptocurrency bill, which will be introduced in t...
118th Congress Should Confront Biden Administration On Overdue Regulatory Cost Benefit Reports
Not later than February 5, 2001, and on the first Monday in February of each year thereafter, the President, acting through the Director of the Office of Management and Budget, shall prepare and submi...
Mark Moss Predicts Regulatory Shakeup and End of Crypto Bull Runs, but Believes Bitcoin Will Endure – Bitcoin News
According to Mark Moss, the CEO of Market Disruptor, significant regulation is coming to the cryptocurrency industry following the aftermath of FTX’s collapse. He believes that future cryptocurrency b...
Making Comprehensive Crypto Policy Out of Regulatory Patchwork
By now, most people are familiar with the saga of FTX and Sam Bankman-Fried, the founder, majority owner, and, until recently, wunderkind CEO of the now-defunct crypto exchange. Before his abrupt fall...
Binance’s acquisition of Voyager Digital hit by a regulatory roadblock
Binance’s $1 billion acquisition of troubled crypto lender Voyager Digital may be at risk of being delayed or blocked by the Committee on Foreign Investment in the United States (CFIUS) review. Binanc...
Bank of India report calls for regulatory coordination on crypto market challenges
The Reserve Bank of India (RBI) has again expressed concerns about the burgeoning crypto ecosystem and suggested parts of it could be banned. In its latest financial stability report, released Dec. 29...
Californian regulatory body issues alert about 17 crypto websites
The Californian regulatory body has issued 17 alerts over the past two days against potentially fraudulent crypto brokers and websites. As per a CertiK report, 84% of videos on YouTube mentioning fron...
Crypto Has Grown Outside of Regulatory Oversight but Has No Intrinsic Value, Says Bank of England Deputy Governor
The Deputy Governor of the Bank of England, Sir Jon Cunliffe, says that the collapse of the FTX exchange has exposed the vulnerabilities of crypto assets. In a Sky News interview, Sir Cunliffe says th...
The 5 most important regulatory developments for crypto in 2022
2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significa...
Crypto Could Be Regulated Within The Existing Regulatory Frameworks ⋆ ZyCrypto
Advertisement     In his speech on November 21, 2022, on the topic “Reflections on DeFi, digital currencies and regulation”, at Warwick Business School’s Gilmore Centr...