A campaign watchdog group is using Sam Bankman-Fried’s claim that he was a secret GOP megadonor to file a complaint with the Federal Election Commission. The nonprofit Citizens for Respon...
Tag: Watchdog
Japan’s Financial Watchdog Extends FTX Japan Suspension
10 seconds ago | 2 mins read Exchange News In November, the FSA demanded that FTX Japan halt its activities. The bankruptcy of FTX will not impact the assets held by FTX Japan. On Wednesday, Japan’s F...
Crypto firms under probe by U.S. consumer watchdog for deceptive ads
The United States’ Federal Trade Commission (FTC) is probing several crypto firms for potentially fraudulent or misleading advertising. According to FTC spokesperson Juliana Gruenwald, the agency is l...
US consumer watchdog probes crypto firms over deceptive ads
Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 r...
Music Industry Competition Watchdog Finds Alarming Trends Across The Sector
MIAMI, FLORIDA – AUGUST 30: Bad Bunny performs live on stage during the Spotify ¡Viva Latino! Live … [+] on August 30, 2019 in Miami, Florida. (Photo by John Parra/Getty Images for Spotify...
DOJ Watchdog Seeks Independent Examiner of FTX Collapse
In the latest chapter of the fall of FTX, the U.S. Office of Trustee within the Department of Justice filed a motion today in the U.S. Bankruptcy Court in Delaware requesting the appointment of an ind...
UK financial watchdog urges firms to be less like ‘Wolf of Wall Street’
As the cryptocurrency industry expands, it attracts an increasing number of players who expect to gain quick profits from the budding asset class even if it means breaking some rules, the phenomenon w...
New Council at Ukraine’s Securities Watchdog to Draft Crypto Taxation Regulations – Taxes Bitcoin News
A special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation of vari...
Bahamas watchdog ordered FTX to send digital assets to its wallet
The Securities Commission of Bahamas revealed on Nov. 18 that it directed FTX to transfer digital assets under its control to the Commission’s wallet on Nov. 12. Securities Commission of The Bahamas A...
Head of Germany’s financial watchdog says crypto firms come with ‘freeloaders and crooks’
Mark Branson, the President of the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin), has criticized the setup of the crypto space at a period th...
New York’s financial watchdog calls for better crypto regulation – crypto.news
The head of the New York Department of Financial Services emphasized that federal law should be modeled after the rigorous requirements in her state. In the wake of the FTX collapse, the superintenden...
Global Money Laundering Watchdog Says Crypto Monitoring Regime Is Unchanged
Since 2018, the international body has looked to define virtual assets and service providers in order to apply guidelines for anti-money laundering (AML) and combatting the financing of terrorism (CFT...
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements – Regulation Bitcoin News
The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain rep...
Circle, Paxos secure regulatory approval from Singapore financial watchdog
On Nov. 2, the Monetary Authority of Singapore (MAS) approved Paxos’ license and granted in-principle approval to Circle. Paxos is the issuer of Paxos Standard (USDP) and the co-issuer of Binance USD ...
South Korean Watchdog Set To Tighten Crypto Scam Punishment
Crypto regulations are becoming necessary due to the increasing fraud in the industry. However, the growth in innovative technologies has also brought many disadvantages to the crypto space. Several c...
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs – Defi Bitcoin News
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring s...
Fantom Collaborates With Dedaub To Automatically Detect Smart Contract Bugs With Watchdog
In the latest announcement from the scalable layer 1 platform, Fantom announced its collaboration with Dedaub to leverage its automated system called Watchdog to look for smart contract bugs in the Fa...
South Korea’s financial watchdog to monitor crypto whales on adherence to anti-money laundering laws
The Financial Services Commission (FSC), South Korea’s financial regulator, will monitor the country’s largest crypto holders after raising concerns about the high risk associated with money launderin...
Australia’s Watchdog ASIC Suing BFS Financial Limited in a Federal Court – crypto.news
The Australian corporate watchdog has filed a lawsuit against the Gold Coast-based entity that controls the digital currency, Qoin, claiming that it misled or otherwise deceived over 80,000 users. The...
Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin
The Australian Securities and Investment Commission (ASIC) has launched legal action against BPS Financial Pty Ltd (BPS) over engaging in unlicensed conduct and misleading representations about its cr...
S. Korean watchdog goes after crypto whales to ensure AML compliance
South Korea’s financial watchdog, The Financial Service Commission (FSC), would monitor crypto whales with assets of over 100 million won ($70,000) to prevent money laundering efforts using digital as...
BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Coinotizia
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said p...
BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said p...
US tax watchdog classifies NFT as digital assets for tax purposes
The U.S. Internal Revenue Service (IRS) could begin to tax non-fungible tokens (NFTs) as it has classified them as digital assets alongside virtual currencies in its updated draft instructions for the...
French Lawmakers Approve New Boss for Finance Watchdog
“I greatly admire the approach that was taken by the AMF” in setting up the system and ensuring protections for young investors seeking to get into crypto, said Barbat-Layani, who was Director-General...
Fed’s Top Bank Watchdog Eyes new Regulation for Banks Doing Crypto
In the past few months, the U.S. The financial meltdown is on the rise. Michael Barr talked about increasing money laundering, theft, high volatility, and fraud. On 12 October, Michael Barr, Vice C...
‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog
“This turmoil has once more underlined the need for a comprehensive approach to crypto-asset regulation,” Knot added, after a volatile year that saw the price of major assets like bitcoin (BTC) and et...
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payment and Market Infrastructures, an international body that sets norms for the sector, has said it wants to probe the case for cryptos that seek to maintain value against fiat furt...
Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog – Exchanges Bitcoin News
Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict acce...