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Crypto groups sue SEC, claiming overreach in new dealer rule definition

Two prominent bodies in the crypto sphere, the Blockchain Association and the Crypto Freedom Alliance of Texas, have taken legal action against the US Securities and Exchange Commission (SEC). In an April 23 court filing, the groups argued that the SEC overstepped its bounds by sanctioning a rule that redefines the parameters for what constitutes […] The post Crypto groups sue SEC, claiming overreach in new dealer rule definition appeared first on CryptoSlate. дальше »

2024-4-24 19:15


SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities

Gary Gensler says he’s not “negative or a minimalist about crypto,” rather standards established by Congress which can be changed by them “have a very broad definition of a security.” The post SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities first appeared on BitcoinExchangeGuide. дальше »

2021-9-15 16:20


Yearn’s Builder-First Legal Activism DAO Gets Full Support as Crypto Regulation Heats Up

While the crypto community fights against the controversial bipartisan infrastructure bill that overreaches in its definition of the term “broker” in regards to crypto tax provision, popular decentralized finance project Yearn proposed funding a builder-first legal activism decentralized autonomous organization (DAO). дальше »

2021-8-9 03:13


FinCEN’s Crypto Rule Is The “Definition of Bad Regulation;” Market’s Lack of Reaction Is Bullish

The Financial Crimes Enforcement Network (FinCEN) issued its new proposed rule extending anti-money laundering (AML) regulation to non-custodial wallets on Friday. Under the latest proposed rules, banks and money service businesses that involve exchanges and custodians would be required to keep records and verify the identity of customers transacting greater than $3,000. дальше »

2020-12-20 16:23


RUSH, A Revolutionary Crypto Payment System Backed by Real-world Assets

Over the last decade, the definition of payments has drastically changed, with the good old currency notes taking the back seat as more and more people flock towards electronic payments. However, electronic payment methods weren’t perfect either as financial institutions slapped high processing fees for such transactions, not to mention the delays one continues to […] дальше »

2020-10-9 21:12


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US Congress to Consider Cryptocurrency Act in 2020

The U. S. cryptocurrency scene might be on the way to seeing clear cut crypto regulations as Congress prepares to consider a new bill detailing modalities for digital asset oversight. Clear Definition for Digital Assets According to Forbes, the proposed bill titled ‘Cryptocurrency Act of 2020’ seeks to provide a clear framework for crypto regulations in the U. дальше »

2019-12-20 15:00


Is OneCoin a Hybrid Ponzi-Pyramid Scheme? Crypto Company Says It Fits Neither

OneCoin cryptocurrency investment project has responded to widespread allegations going on in and around the cryptocurrency world that the project is nothing but a pyramid scheme. The firm laid the issue to rest once and for all saying that it does not fit the narrow definition of a bitcoin ponzi scheme. According to a report […] дальше »

2019-5-18 01:23


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Crypto Day of Reckoning In Sweden? Central Bank Urges Clarification on Legal Tender

The oldest central bank on the planet has called on politicians to define the concept of money legally and its definition may include crypto. In an increasingly cashless society, the Swedish Riksbank is struggling to come to terms with its diminishing responsibilities and is seeking clarification on them as a matter of urgency. дальше »

2019-4-30 02:00


VanEck Digital Asset Director Disagrees with SEC Director Over Decentralization and Securities Correlation

The US Securities and Exchange Commission (SEC) has been working towards helpful regulation of the crypto industry, tackling everything from ICOs to the definition of a security. This week, Chairman Jay Clayton supported an analysis from another employee of the SEC that Ethereum and related tokens may not be considered securities. However, the panelists at […] дальше »

2019-3-13 22:47


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Op Ed: Defining Decentralization: How Ambiguity Continues to Divide Crypto

There are many keywords in blockchain, but few spark as much emotion as “decentralization. ” For many of us, it was the dream of decentralization that inspired us to embark into the industry in the first place — the driving force encouraging us to explore the many industries and practice areas that could be positively impacted by this technology. дальше »

2019-3-1 19:43


An Era of Centralized Cryptocurrencies and Blockchains: Binance’s DEX and JPM Coin

The launch of Binance’s decentralized exchange and JP Morgan’s proprietary cryptocurrency, JPM Coin, have raised fundamental questions about where the crypto industry is headed. Both products fall short of traditional definitions of decentralization, and instead, stake territory somewhere between the Facebooks and the Bitcoins of the Internet. дальше »

2019-2-27 06:06