The SEC has escalated its campaign to reign in. The regulator once again pushed its efforts to make more strict rules for crypto companies. It seems the Securities and Exchange Commision (SEC) is gett...
Tag: Strict
Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament
A report on a draft measure that would require banks that hold cryptocurrencies to put aside a significant amount of capital in an attempt to mitigate possible risk has been published by the European ...
EU banks face strict crypto rules in new published legal draft
While more specific guidelines are being worked out, new restrictive rules for European Union banks have been confirmed in a publish legal draft. EU banks would be required to apply the highest possib...
Strict Guidelines Are Needed On Digital Assets; CFTC Chairman
To tackle upcoming crypto crashes, US lawmakers argued that they wanted new regulations on crypto assets. As the country was moving towards the crypto world, the Democrats of the United States believe...
Australia Proposes Strict Regulation for Crypto Sector Post FTX Fiasco
2 hours ago | 2 mins read Editors News Regulators looking for a way to better avoid recent disasters in the hereafter. Australia has just taken the first step in what will likely be a multi-year effor...
EU imposes strict regulations on banks holding crypto
European Union lawmakers have imposed strict measures for banks holding digital assets in a bid to limit the amount of unregulated cryptocurrency that banks can hold. Strict rules for banks holding c...
Binance Exchange is Under Strict Scrutiny by U.S. Prosecutors – Here’s What’s Happening
The U.S. prosecutors are currently investigating the connection between Binance and American Hedge funds for possible violations of money-laundering rules and are under strict scrutiny by them. Subpoe...
Bank of France Head Stresses the Need for Strict Crypto Regulation
Bank of France’s Governor stressed the need for strict regulatory frameworks for crypto firms. Francois Villeroy de Galhau made this statement before the voting of MiCA regulation. The MiCA regulation...
Strict Regulations Needed On Cryptocurrency- BOE Governor
The FTX breakdown has created a high level of doubt and fear among crypto investors and users. Investors are afraid to make a move on cryptocurrency after facing huge losses in the backdrop of recent ...
Kazakhstan Introduces Strict Crypto and Mining Legislations
9 seconds ago | 2 mins read Bitcoin News Whenever there is a surplus, miners may buy power from the public power grid. There is also a proposal to split mining licenses into two distinct types. Severa...
Elizabeth Warren Pushes Strict Crypto Bill to Empower the SEC
Anti-crypto Senator Elizabeth Warren has been working hard on a cryptocurrency bill that puts the U.S. Securities and Exchange Commission in charge of the asset class. On Dec. 7, Semafor reported that...
Africa Needs More Strict Crypto Regulations, IMF Suggests
Recently prominent global institution International Monetary Fund (IMF) reported calls for more regulation of crypto markets within Africa. Noteworthy is that the African region is among the one of th...
Bitcoin ETFs, strict licensing and a digital dollar
In October, Toronto-based Coinsquare became the first crypto trading business to get dealer registration from the Investment Industry Regulatory Organization of Canada (IIROC). That means a lot as now...
The Lawmakers Are Requesting The SEC Take Strict Action To Regulate The Crypto Market
The FTX breakdown created a high level of doubt and fear among crypto investors and users. Last week’s crypto market was filled with uncertainty for crypto asset prices. Investors are afraid to make a...
The Crypto Industry In The United States Needs Strict Regulations
The White House is taking steps to tighten the regulations on crypto assets in the wake of bankruptcy filings in the US. Recently, US President Joe Biden directed lawmakers to draft legislation to reg...
Elon Musk Strict Return to Office Policy Hits Twitter
Twitter owner Elon Musk said in his first email to employees that he expects them to return to the office. Musk said employees must report to the office at least 40 hours per week, except in cases he ...
After Passing Strict Security Scrutiny by SERC, MoonXBT Ready to Start Fintech Environment Testing in Cambodia
Early this month, MoonXBT, the leading crypto social trading exchange, has signed a MOU with Securities and Exchange Regulator of Cambodia (SERC) to promote the development and expedite the adoption o...
Strict Crypto Laws; White House Pushes Congress To Speed Up
Joe Biden, US President’s administration has issued an advisory for Congress to proceed with the crypto currency regulations. The big move has come amid the increasing need for clear digital assets la...
Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’ – Regulation Bitcoin News
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requi...
Hong Kong Ditches Strict Covid Quarantine For Travelers After More Than Two Years
Topline Hong Kong will ditch its strict hotel quarantine policy for international travelers, the government announced on Friday, marking the end of one of the world’s toughest pandemic containment reg...
Biden Administration Pitches for Regulation and Strict Oversight of Crypto
In a series of reports, the Joe Biden administration on Friday has offered its response to the President’s executive order on cryptocurrencies – Ensuring Responsible Development of Digital Assets – is...
Thailand SEC to apply strict guidelines for crypto ads
Thailand’s Securities and Exchange Commission (SEC) will implement stringent advertising rules for cryptocurrency firms operating in the country by October 2022. The Thai SEC informed cryptocurrency-r...
SPAC Boom Goes into Silence with No Issuance in July and Prospect of Strict Regulation
Amid the 2021 mania, SPAC deals were 59% of the total new listings in 2021. The special purpose acquisition company (SPAC) boom that dominated in 2021 has been gradually increasing, and it seems it ha...
Billionaire Mark Cuban Fears Strict Crypto Regulations By SEC Could Turn Into A Nightmare For Bitcoin
– Advertisement – Mark Cuban slams the US SEC for using unclear policies to regulate Bitcoin and the crypto industry, a move he says could negatively affect the market. The US SEC (Secur...
SCB Delays Acquisition of Bitkub Due To Strict Crypto Rules
SCB wanted to have 51% shares in Bitkub Strict crypto rules are unfriendly to the crypto market- Nares Laopannarai The parent company of Siam Commercial Bank wanted to have mass shares in Bitkub but h...
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations. As reported by Cointelegraph in November 2021, SCB X Group, a subsi...
European Commission Bank (ECB) advocates for strict crypto regulations
The European Commission Bank (ECB) has advocated for a ban on cryptocurrency mining. The European central bank is now advising lawmakers based in the EU to regulate the buzzing cryptocurrency market. ...
Uzbekistan Sets Strict Guidelines for Crypto Mining With Solar Power Mandate
10 hours ago | 2 mins read Bitcoin News Uzbekistan-registered exchange would be the sole option for trading in mined assets. Only crypto exchanges founded by foreign legal companies were given legal s...
Japan’s Prime Minister Aids Abolition Of Country’s Strict Crypto Rules
According to Bloomberg, Fushio Kishida, Japan’s Prime Minister, has indicated his disapproval of the stringent rules currently guiding the country’s cryptocurrency industry, this has therefore led to...
The U.S. Crypto Bill Surfaces Online With Strict Regulations
3 hours ago | 2 mins read Editors News Some securities regulations have been rewritten to be more precise. The regulations governing public disclosure have been tightened. The ‘EMBARGOED’ watermark ap...
Terra’s collapse pushes Korea to form committee focusing on strict crypto regulation
The South Korean Digital Assets Committee, which will function as the command center of the director of digital assets, is scheduled to launch as early as next month. This is the first time the “Digit...