A federal U.S. government organization said crypto markets pose a threat to broader financial stability if they continue growing without more thoughtful oversight and enforcement. The Financial Stabil...
Tag: Watchdog
U.S. Treasury Watchdog Suggests Crypto Activities Could Threaten Financial Stability
The Treasury Department’s Financial Stability Oversight Council (FSOC) is weighing in on crypto assets and their potential to affect the traditional financial structure of the US. The council, which w...
US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
“Crypto cannot exist outside of our public policy frameworks, regardless of what the crypto industry initially expected or what certain market participants might say today,” SEC Chairman G...
UK watchdog hits back over crypto regulation criticism
As the United Kingdom moves towards regulating the cryptocurrency sector, the country’s watchdog Financial Conduct Authority (FCA), has recently come under criticism over its handling of the industry,...
Push to Enhance CFTC’s Crypto Watchdog Role Gets a Boost in US Congress
The Senate legislation – introduced in August by the leaders of the Senate Agriculture Committee, Chairwoman Debbie Stabenow (D-Mich.) and senior Republican, John Boozman (R-Ark.) – is a relatively na...
Defense Stocks Jump As Putin Warns; Watchdog Says Nuke Markets Set To Surge
In a brief national address Wednesday, Russian President Vladimir Putin once again implied his willingness to resort to nuclear weapons in an effort to escalate the invasion of Ukraine. U.S. defense s...
FTX Hits The Radar of U.K. Financial Watchdog
Regulatory scrutiny around the world is putting cryptocurrency exchanges under increasing pressure, like FTX. The Financial Conduct Authority, which previously raised concerns about Binance’s deal wit...
UK watchdog warns crypto firm FTX is unregistered — it could be a scam
Bahamas-based FTX has responded to the UK’s Financial Conduct Authority (FCA) warning that the crypto firm is operating unauthorized in the country. According to an FTX spokesperson, the phone numbers...
UK Watchdog Warns Against FTX Weeks After Crypto.com Granted Business Approvals
The financial regulator of the United Kingdom has issued a warning to consumers against the FTX cryptocurrency exchange, just weeks after granting business approvals to Crypto.com. The Financial Condu...
FTX Cautioned by UK Financial Watchdog: Details
Tomiwabold Olajide This most recent setback coincides with FTX’s ongoing expansion efforts The U.K.’s Financial Conduct Authority has issued a warning to consumers about Sam Bankman-Fried&...
CFTC Already Preparing to Be Crypto Watchdog, Behnam Tells US Senators
Still, Behnam praised the legislation and its plan for additional agency funding that will allow the CFTC to “move swiftly” to establish the new oversight over digital commodity assets, which the cour...
Indian Regulatory Watchdog Unfreezes WazirX’s Bank Accounts – crypto.news
Major Indian cryptocurrency exchange WazirX said it has resumed banking operations, stating that the Directorate of Enforcement (ED) unfroze the company’s bank accounts. WazirX Resumes Operations Ac...
India’s Financial Watchdog Unfreezes WazirX Accounts
India’s financial watchdog has unfrozen the bank accounts of one of the country’s largest cryptocurrency exchanges after it cooperated with investigations. The federal Enforcement Directorate (ED) had...
India’s AML watchdog unfreezes accounts of crypto exchange WazirX
India-based cryptocurrency exchange WazirX has announced that the country’s anti-money laundering (AML) watchdog has “unfrozen” the crypto platform’s accounts. An update the crypto exchange published ...
Brazilian Securities Watchdog Demands Changes in Cryptocurrency Bill – Regulation Bitcoin News
The new directive of the Brazilian securities watchdog, the CVM, is now demanding specific changes to the cryptocurrency bill pending discussion in Congress. The organization wants to correct a loopho...
‘Love Island’ Twins Warned By UK Watchdog To Behave For Misleading Crypto Ads
Cryptocurrency can be an eye-candy and “love island” to some people. It feels and looks new, and most often than not, intriguing – if not provocative. Crypto easily conjures up heavy ounces of tech th...
US Bank Watchdog Says He’s Not Budging on Crypto Distrust
Recent events have reinforced that position, he said Wednesday at a Clearing House and Bank Policy Institute conference – one of the largest annual events to discuss banking policy. Hsu cited the coll...
Bad Actors Exploit NFT Watchdog After Collection Mint
The NFT space remains one of the growing sectors of digital assets. More people and businesses are tapping into the incredible opportunities available for brand advertisement and sensitization via dig...
The world’s securities law watchdog is scrambling to create ‘common standards’ for crypto
Never has the question of how securities laws should apply to cryptocurrency been more urgent. That’s the view of Lim Tuang Lee, assistant managing director, capital markets for the Singapore Monetary...
NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited
In an ironic twist, Rug Pull Finder (RPF), a nonfungible token (NFT) watchdog focused on identifying Web3-based fraud has fallen victim to a smart contract exploit of its own. According to the NFT inv...
NFT Watchdog Group Sees Its NFT Collection Exploited
Rug Pull Finder, an NFT watchdog group that seeks to prevent fraud, hacks, and scams in the non-fungible token space, has seen its own NFT project exploited. The collection titled Bad Guys is based on...
India’s Financial Watchdog Investigates CoinSwitch Offices: Report
India’s financial crimes unit has taken aim at yet another crypto firm in the country. The Enforcement Directorate (ED) has reportedly accused CoinSwitch Kuber, one of India’s largest crypto exchanges...
Australia’s Financial Watchdog Joins Government in Eyeing Fresh Crypto Regulations
The Australian Securities and Investments Commission (ASIC) Chair Joseph Longo has made his thoughts on crypto investments clear: It’s “not my job to be a crypto cheerleader.” During a Committee for E...
Crypto.com Business License Approved by UK Finance Watchdog
Cryptocurrency platform Crypto.com has received approval from the United Kingdom’s financial services regulator to offer crypto products and services. The Singapore-based Crypto.com has officially reg...
Tornado Cash Finds Formidable Ally In This Privacy Watchdog. Will U.S. Treasury Be Forced To Lift Sanctions? ⋆ ZyCrypto
Advertisement     Blacklisted Tornado Cash has gained a powerful ally: the Electronic Frontier Foundation (EFF). According to the EFF, the sanctions levied by the U.S....
19 celebrities called out by consumer watchdog group for shilling NFTs
Consumer watchdog group Truth in Advertising (TINA.org) has called out 19 celebrities for allegedly promoting non-fungible tokens (NFTs) without disclosing their connection to the projects. The not-f...
Crypto.com Inks Agreement to Operate Under Canada’s Securities Watchdog
Crypto.com becomes the first cryptocurrency exchange to commit to offering crypto products in line with the rules of the Ontario Securities Commission. The document called a Pre-Registration Undertaki...
South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets. According to ...
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says – Regulation Bitcoin News
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. T...