The UK needs to beef up its regulation of crypto for public confidence to return to the still reeling sector in the wake of the FTX collapse, Coinbase Vice President for International Policy Tom Duff ...
Tag: Regulatory
Nexo is Leaving the United States Due to Regulatory Difficulties
Burdened by regulatory pressures, crypto lending firm Nexo has given up on continuing to operate within the United States. The company announced on Monday that it would begin phasing out its products ...
Nexo bows out of US on regulatory uncertainty
Crypto lender Nexo announced on Dec. 5 that it was phasing out its products and services in the United States due to a lack of regulatory clarity. Today we are announcing the regrettable but necessary...
Malta prepares to revise regulatory treatment of NFTs
The Malta Financial Services Authority (MFSA) is currently reviewing requests to revise the “regulatory treatment” of Non-Fungible Tokens (NFTs) within its Virtual Financial Assets Framework. Under t...
Crypto lender Nexo says it’s leaving the U.S., cites regulatory ‘dead end’
Facing a phalanx of regulators, cryptocurrency lending platform Nexo says it is “phasing out” the U.S. side of its operations. In a statement announcing a “gradual” depa...
Brazilian crypto industry gets regulatory clarity amid global uncertainty
As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike. It is soo...
Why regulatory clarity may be a silver lining to the FTX crisis
Episode 120 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, and Drew Forman, Managing Partner and Head of Cowen Digital. Listen below, and subscribe to The Scoo...
Gemini exchange gets regulatory approval in Italy and Greece amidst lending halt
Gemini continues its expansion in Europe, announcing new regulatory approvals in Italy and Greece. Gemini infiltrates the Italian and Greek market The Italian and Greek regulators have approved Gemini...
Gemini gets regulatory greenlight in Italy, Greece amid lending halt
Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with It...
RegTech Africa Conference 2023 to elevate regulatory innovations
Digital financial services hold great promise as a means to enable financial inclusion and thus help improve people’s lives. However, cybercrime has become a key concern in developing and emerging mar...
INGOT receives regulatory approval from CMA in Kenya
Only a handful of forex and CFD brokers feature in the Kenyan market. INGOT enters the list after receiving regulatory approval from the Capital Market Authority on November 1, 2022. The approval gran...
Twitter Reportedly Leaves Brussels—Europe’s Regulatory Hub—Amid Concerns About Musk’s Content Moderation Plans
Topline Twitter has closed its entire office in Brussels, according to the Financial Times, cutting ties to one of the world’s most important regulatory hubs as fears grow the firm will struggle to mo...
President Biden and Other G20 Leaders Call for New International Crypto Regulatory Regime
US President Joe Biden and other heads of states from the Group of 20 (G20) are calling for international regulations on cryptocurrencies. According to a G20 statement issued by the White House, the l...
Bahamas Supreme Court Orders FTX To Pay For Regulatory Action
The Securities Commission of The Bahamas has secured an order from the Supreme Court to receive reimbursements for expenses incurred for regulatory action in connection with FTX Digital Markets. The S...
Billionaire Crypto Executives Are To Blame For The Lack Of Regulatory Clarity In The Industry, Says US Lawmaker ⋆ ZyCrypto
Advertisement     U.S. congressman points accusing fingers at billionaire founders for the delayed legislation in the digital assets ecosystem. FTX and some other enti...
Bankman-Fried’s FTX Was a Wild West And a Personal Bank
It was the Wild West. A place where everything was acceptable. Everything was allowed and there was no control to call to order those who went too far. There was no red line. The CEO considered the ...
Vitalik Buterin Calls Singapore’s Regulatory Measures A Roadblock
Amid the crypto winter of 2022, Singapore’s regulatory authorities have been keeping stricter vigilance over the functioning of the country’s crypto industry. However, Ethereum co-founder Vitalik Bute...
FTX Collapse: Elon Musk Takes on a Silicon Valley Powerhouse
The implosion, within a few days, of the FTX cryptocurrency exchange is a financial fiasco which has not yet revealed all its implications, collateral damage and accountabilities. FTX is a company whi...
Sports NFT Platform Sorare Gets Regulatory Green Flag
The NFT trading card game Sorare gets a big win ahead of the FIFA World Cup. It will no longer be classified in the category of gambling. Sorare is a blockchain-based fantasy game where players buy, s...
Ripple Seeking Regulatory Approval in the Republic of Ireland
8 seconds ago | 2 mins read Altcoin News Ripple has plans to apply for an electronic money license once it secures a VASP license. Ripple has shifted its attention to countries outside of the US. Rece...
Ripple Urges UK to Craft ‘Bespoke Regulatory Framework’ for Crypto
Ripple is hoping to make inroads with politicians in the UK amid its ongoing dispute with the SEC in the United States. Ripple is the company behind the XRP ledger, the distributed network powered by ...
Ripple Wants UK to Craft Regulatory Framework for Crypto
Ripple published a new whitepaper explaining how the UK can take a lead in establishing crypto standards making it one of the attractive centers for the crypto industry, such as Dubai, Singapore, and ...
JD Tech Revives IPO Plans as China Eases Regulatory Crackdown
By permitting companies to seek targeted growth, the expectation is that the economy will become more functional and that it may attract other global players to its shores. JD Tech, the technology off...
Binance gets regulatory nod for institutional crypto custody in Abu Dhabi
Binance has secured permission from regulators in Abu Dhabi to operate as a crypto custodian for institutional clients. The crypto exchange received the regulatory nod from Abu Dhabi’s Financial...
Ripple and Binance seek UK regulatory licenses, lawmakers are told
Ripple and Binance have asked to be licensed by the Financial Conduct Authority, UK lawmakers were told on Monday. Binance, the world’s largest crypto exchange by trading volume, is in tal...
Hong Kong Hints Crypto Regulatory Reforms Post FTX Crisis
3 seconds ago | 2 mins read Bitcoin News Hong Kong’s Financial Secretary emphasized the need for “steady and cautious” growth. Chan also emphasized the value of safety and effective risk management. T...
HKSAR Suggests Regulatory Regime to Avoid Virtual Assets Market Meltdown
In response to the recent crash in the crypto market, the Financial Deputy Secretary of Hong Kong has published a blog suggesting a regulatory regime would effectively avoid crypto exchange crash scen...
Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining ⋆ ZyCrypto
Advertisement     A new report shows a 41% spike in creating new blocks on the Bitcoin network. Bitcoin consumes 0.16% of global energy usage and is responsible for 0...
Binance CEO expects more regulatory scrutiny following FTX implosion
Binance CEO Changpeng Zhao said his firm backed out of the FTX deal because it did not make sense and the huge financial hole they would have had to cover. Speaking at the Indonesia Fintech Summit on ...
US Lawmaker Claims SEC Chair Gary Gensler Was Trying To Help FTX ‘Obtain Regulatory Monopoly’ Over Crypto
Minnesota Representative Tom Emmer says his office is looking into allegations of a conspiracy between the U.S. Securities and Exchange Commission (SEC) chairman and embattled crypto exchange FTX. Acc...