Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digi...
Tag: Watchdog
US accounting watchdog warns investors about proof-of-reserves reports
The Public Company Accounting Oversight Board (PCAOB) — a watchdog that oversees audits of public companies in the United States — recently issued an advisory that warned investors about proof-of-rese...
Crypto Sector’s Reserve Reports Can’t Be Trusted, Says U.S. Audit Watchdog
These verifications of assets take a simple snapshot and “do not address the crypto entity’s liabilities, the rights and obligations of the digital asset holders, or whether the assets have been borro...
China to push reforms with new financial watchdog
China will establish a new federal financial regulatory body to replace its current banking and insurance watchdog, following plans for developing a national data bureau unveiled recently. The legisla...
Capitol Police, FBI Failed To Disclose Information About Credible Threats Before January 6, Government Watchdog Says
Topline U.S. Capitol Police and the FBI properly identified “credible threats” to the Capitol but did not adequately share information about those threats in the time leading up to the January 6 insur...
Buttigieg’s Use Of Federal Jets Under Review By Transportation Department Watchdog
Topline The Department of Transportation’s inspector general is launching an audit into Transportation Secretary Pete Buttigieg’s use of federal jets for official trips, as Buttigieg comes under fire ...
U.S. Watchdog Supports Motion to Unseal Hinman Documents in Ripple vs. SEC Case ⋆ ZyCrypto
Advertisement     Empower Oversight, a Washington-based watchdog, has supported a motion filed by Roslyn Layton Layton, a senior vice president of telecom research fir...
Government Watchdog Backs Unsealing Of Hinman Docs
Forbes journalist Dr. Roslyn Layton is receiving support for her motion to intervene in the lawsuit between Ripple Labs and the Securities Exchange Commission (SEC) seeking public access to the Hinman...
Congo Watchdog Wants Billions of Dollars More From China Infra Deal
(Bloomberg) — The Democratic Republic of Congo’s government watchdog called for a major overhaul of the country’s $6.2 billion minerals-for-infrastructure deal with China after its investigation...
Rival Stablecoin Warned NY Financial Watchdog About BUSD
Binance USD might just be in hot water because of rival stablecoin issuer Circle. Circle, the creator of USD Coin, warned the New York State Department of Financial Services (NYDFS) in the autumn of 2...
UK Watchdog Proposes Tougher Advertising Rules
According to the United Kingdom’s financial watchdog, newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms facing up to two years in prison for...
Turkish watchdog stretches rules and allows crypto wallets to collect aid
A Turkish singer known for his charitable personality, Haluk Levent, reached out to the country’s financial watchdog (MASAK) and convinced them to allow collecting crypto donations to help with earthq...
UK watchdog warns crypto firms of tougher rules with prison penalties
Listen to this article. The UK’s top financial watchdog, the Financial Conduct Authority (FCA), has kicked off 2023 with strict warnings for the tech and crypto sectors, amid concerns that the cost of...
Australian Financial Watchdog Raised Concerns Months Before FTX Fall
3 hours ago | 2 mins read Exchange News ASIC was worried about FTX Australia’s operations after it was granted a license. The regulator sent a Section 912C notice to FTX in first month of operations. ...
Australian financial watchdog had FTX under surveillance before its collapse
Australian regulators were allegedly on the lookout for FTX’s troubles six months before the crippled firm filed for bankruptcy protection from creditors. According to a publication issued by Guardian...
Democrats Ask Watchdog Group To Probe IRS For Failing To Audit Trump’s Taxes
Topline Democrats who were on a House panel that released former President Donald Trump’s tax returns last year asked a government watchdog group Monday to investigate the Internal Revenue Service for...
Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges – Bitcoin News
The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian...
Japan’s Financial Watchdog Official Proposes Stringent Crypto Regulations
4 hours ago | 2 mins read Exchange News The Japanese FSA Deputy Director even mentioned FTX’s failure. Crypto exchanges should be regulated like traditional financial institutions as per Yanase. Finan...
Federal consumer protection watchdog stakes out crypto turf in SEC shadow
The U.S. Consumer Financial Protection Bureau, which is tasked with overseeing a hodgepodge of financial service providers including payment companies, appears to be taking a fresh look at crypto regu...
Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps – Security Bitcoin News
The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the ...
Hong Kong watchdog aims to restrict retail traders to liquid products
The new licensing program, scheduled to take off in June, will restrict retail traders in Hong Kong to “highly-liquid” digital assets, according to the new CEO of Hong Kong’s Securities and Futures Co...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets – Regulation Bitcoin News
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the chan...
Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets
The amendments to the country’s laws would squeeze “digital assets” into existing securities regulations, according to the proposal, potentially treating most crypto as financial investments supervise...
$3.5 Billion In FTX Customer Crypto Custodied By Bahamian Watchdog
– Advertisement – Summary: The Bahamian Securities Commission took control of the assets on November 12 due to concerns that FTX was vulnerable to cyberattacks. Hackers stole nearly $400 m...
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability
Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange ma...
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability – Economics Bitcoin News
Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange ma...
California watchdog issues cease order on crypto firm
Due to potential breaches of state securities law, the California Department of Financial Protection and Innovation (DFPI) has ordered the cryptocurrency lending platform MyConstant to stop marketing ...
International Watchdog Set To Roll Out New Global Framework for Crypto Assets: Report
The Financial Stability Board, the world’s largest financial services regulator, is reportedly planning to roll out a global regulatory scheme for cryptocurrencies in early 2023. According to a new Fi...
Hong Kong watchdog warns against crypto custodians
The Hong Kong Securities and Futures Commission (SFC) has issued warning statements on the high risks associated with crypto platform operations. The regulator urged users to avoid virtual assets plat...
US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse – Bitcoin News
According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC c...
FTX fallout motivates Hong Kong watchdog to draft new rules
The Hong Kong Securities and Regulatory Commission plans to draft new regulatory provisions to implement under its new crypto regulation system in the wake of FTX’s collapse, according to local media ...
Watchdog wants ex-FTX boss’ political contributions probed
A watchdog organization has called for a probe into Sam Bankman-Fried’s political contributions after the former CEO of FTX allegedly acknowledged making illegal under-the-table donations worth tens o...