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German Data Watchdog Investigates Worldcoin Amid Ongoing Issues
Sam Altman’s brainchild, Worldcoin (WLD), is facing scrutiny as the Bavarian state regulator in Germany has been actively investigating the project for a full year. According to Michael Will, the President of the Bavarian State Office for Data Protection Supervision, the regulator has expressed apprehensions regarding WLD’s ambition to handle “sensitive data on a very […] дальше »
2023-8-2 23:00 | |
German privacy watchdog has been investigating Worldcoin since November 2022
One of Germany’s top privacy regulators began investigating Worldcoin’s data collection practices in November 2022, and the probe is still ongoing, Reuters reported on July 31. The Bavarian State Office for Data Protection Supervision President Michael Will told the newswire that the regulator had concerns over the project’s aim to process “sensitive data at a […] The post German privacy watchdog has been investigating Worldcoin since November 2022 appeared first on CryptoSlate. дальше »
2023-8-1 02:00 | |
Coinbase Hits Back At FT, Claims Important Context Omitted In SEC Trading Halt Order Story
According to crypto news outlet DL News, there is more about Coinbase and its interaction with the U. S. Securities and Exchange Commission (SEC). The reports about the interaction added animosity towards the regulator from the crypto community. дальше »
2023-8-1 21:37 | |
Nigerian SEC doubles down on Binance warning despite its recent approval in Dubai
The Nigerian Securities and Exchange Commission (SEC) reiterated its warning that Binance’s operation within the country was illegal, according to a July 28 statement. In its new notice, the regulator specifically mentioned Binance’s official website, stating that: “The Commission again reiterates that the activities of Binance, https://www. дальше »
2023-7-31 20:00 | |
Binance's Activities Are Illegal in Nigeria, Securities Regulator Says
The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors. дальше »
2023-7-31 12:15 | |
Binance secures Dubai’s MVP operational license
Binance has received an MVP operational license from Dubai regulators, enabling it to serve institutional and qualified retail investors. Binance FZE, a subsidiary of Binance, has obtained an operational Minimum Viable Product (MVP) license from Dubai’s crypto regulator, the Virtual… дальше »
2023-7-31 12:04 | |
Binance German License Withdrawal: Regulators Concerned Over Changpeng Zhao
After Binance withdrew its German license application this week, the Wall Street Journal reported that the country's financial regulator has raised concerns over the company structure and founder CZ. дальше »
2023-7-30 16:37 | |
Worldcoin Under The Lens: French Regulator Suspects Dubious Data Handling Practices
Worldcoin, the brainchild of ChatGPT founder Sam Altman, is being examined by European regulators because of concerns about the legality of its biometric data collection tactics. The French privacy authority, CNIL, has expressed worries about the project, claiming that gathering and storing biometric data is questionable. дальше »
2023-7-29 10:40 | |
French authorities launch probe into Worldcoin over data collection practices
French privacy regulator CNIL has initiated a probe into Worldcoin over concerns that its data collection and storage practices may not be entirely legal, Reuters reported on July 28. The watchdog is collaborating with its German counterpart as the latter directly oversees the project as its primary European regulator. дальше »
2023-7-29 06:00 | |
SEC commissioner Hester Peirce calls watchdog’s public accounting warning into question
The United States Securities and Exchange Commission’s (SEC) Commissioner Hester Peirce questioned why the regulator wants to discourage good-faith efforts to provide more transparency for the cryptocurrency industry in a July 27 tweet. дальше »
2023-7-29 02:00 | |
Worldcoin in Trouble? UK Regulator Probes Privacy Concerns Amid Surge of Newly Launched WLD
The UK's privacy authority, the Information Commission Office (ICO), is looking into the launch stating that it has taken notice of the Worldcoin launch in the UK and will be conducting more research. дальше »
2023-7-29 01:20 | |
German regulator raised concerns about Binance CEO prior to license application withdrawal: Report
BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime. дальше »
2023-7-30 23:30 | |
French data protection regulator investigating recently launched Worldcoin
The French data protection regulator CNIL is looking into the recently launched Worldcoin (WLD) cryptocurrency project started by Sam Altman of OpenAI, for “questionable” practices. Regarding Worldcoin’s practice of scanning retinas to ensure that no single person can claim cryptocurrency rewards more than once, a CNIL spokesperson wrote in a written statement that “the legality […] The post French data protection regulator investigating recently launched Worldcoin appeared first on Invezz. дальше »
2023-7-29 17:02 | |
Binance calls for dismissal of CFTC charges citing lack of jurisdiction
Binance has moved to dismiss the charges filed against it and CEO Changpeng ‘CZ’ Zhao by the U. S. Commodity Futures Trading Commission (CFTC) because the financial regulator acted outside its powers. дальше »
2023-7-28 11:12 | |
Banks' exposure to crypto should be limited: Canada
Canada has proposed that banks should not have an exposure of more than 1% to unbacked digital assets. The consultation period concludes on 20 September. The Canadian financial regulator hasThe post Banks' exposure to crypto should be limited: Canada appeared first on AMBCrypto. дальше »
2023-7-27 18:00 | |
Canada requests feedback on new crypto asset rules
Canadian regulator revealed it is considering amendments to its capital and liquidity approach concerning crypto assets. The proposed rules aim to streamline how institutions handle potential risks associated with cryptocurrencies, outlining four distinct categories of digital assets and their respective… дальше »
2023-7-27 10:43 | |
Binance’s European exodus continues as exchange withdraws critical license application in Germany
Binance confirmed to CryptoSlate that it had withdrawn its crypto custody license application in Germany, according to a July 26 emailed statement. In June, unconfirmed reports emerged that BaFin, Germany’s top financial regulator, intended to deny Binance’s application for a crypto custody license. дальше »
2023-7-26 18:28 | |
Binance to Reenter Japan in August 2 Years After Regulator's Warning
Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November. дальше »
2023-7-26 13:40 | |
Worldcoin (WLD) could face regulatory inquiries in UK
Following its recent launch, Worldcoin (WLD), a crypto project co-founded by OpenAI’s CEO Sam Altman, could be facing inquiries from the UK’s data regulator. The Information Commissioner’s Office (ICO), a body that focuses on data protection in the United Kingdom,… дальше »
2023-7-26 22:12 | |
UK Regulator To Enquire About Worldcoin, As WLD Declines By 17% One Day Post-Launch
UK data regulator, the Information Commissioner Office (ICO), has laid out intentions to probe the newly launched crypto project Worldcoin. According to a report by Reuters on July 25, the ICO has taken notice of WorldCoin’s launch in the UK and will now proceed to “making further inquiries. дальше »
2023-7-25 22:00 | |
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022.
дальше »2023-7-26 19:12 | |
Binance Fights Back CFTC Complaint, Plans To Seek For Dismissal
Binance and its CEO, Changpeng Zhao, are preparing to file for the dismissal of the Commodity Futures Trading Commission’s (CFTC) complaint, a court filing shows. This is in response to the financial regulator accusing the crypto exchange of violating derivatives market regulations in the United States earlier in the year. Binance To Seek Dismissal Of […] дальше »
2023-7-25 17:00 | |
UK Data Regulator Probes Worldcoin After British Citizens Sign Up
The UK's data watchdog said it will investigate Worldcoin after the WLD airdrop yesterday. The post UK Data Regulator Probes Worldcoin After British Citizens Sign Up appeared first on BeInCrypto. дальше »
2023-7-25 16:30 | |
Potential SEC Appeal In Ripple Lawsuit Not A Blow To XRP Holders — Legal Expert Reveals Why
Ripple chief Brad Garlinghouse, who described the Torres ruling as "an unequivocal win for Ripple and for crypto in the U.S.," separately lambasted the SEC's endeavours to be the primary regulator of crypto assets. дальше »
2023-7-25 21:20 | |
Former SEC Chief: Regulator Stands A Chance Of Winning Appeal Vs. Ripple
The crypto space and the financial world at large are currently reacting to news that the United States Securities and Exchange Commission (SEC) may appeal the recent court ruling in its case against the blockchain company Ripple. дальше »
2023-7-23 09:01 | |
Former SEC chief trusts the commission would lose if it appeals XRP ruling
The cryptocurrency community has lately debated a possible appeal from the Securities & Exchange Commission following the latest Ripple ruling. Meanwhile, former SEC Office of Internet Enforcement chief John Reed Stark tweeted that the securities regulator can lose an appeal. дальше »
2023-7-23 05:06 | |
Kuwait places absolute ban on crypto payments and mining
Kuwait has prohibited all crypto activities and use cases in the country, including payments, mining, and investment. The Central Markets Authority (CMA), Kuwait’s financial regulator, released a circular on July 19. дальше »
2023-7-20 17:12 | |
Kuwait imposes ‘absolute ban’ on virtual assets to combat money laundering risks
Kuwait Capital Markets Authority (CMA) banned all forms of cryptocurrency use in the country, including mining activities, according to a July 18 circular. The financial regulator imposed an “absolute ban” on all payments and investments involving cryptocurrencies, adding that it does not recognize virtual assets as a decentralized currency. дальше »
2023-7-20 15:30 | |
Coast Not Clear For Coinbase Despite XRP’s Victory Over The SEC — Here’s Why
Ripple Labs’ split victory over the U.S. Securities and Exchange Commission (SEC) elicited waves of optimism for Coinbase in its case against the regulator. However, analysts have warned that the exchange still faces an uphill climb. дальше »
2023-7-20 01:12 | |
Australian regulator cancels license of FTX's local entity
The regulator will allow FTX Australia to provide limited financial services until 12 July 2024. The Australian unit of FTX had around 30,000 retail customers when it collapsed in November laThe post Australian regulator cancels license of FTX's local entity appeared first on AMBCrypto. дальше »
2023-7-19 12:30 | |
UK to target "illegal" crypto promotions, including memes
The FCA asked for crypto promotions to be compliant with advertising laws in the country. The regulator considers crypto to be a high-risk investment. The United Kingdom’s financial regulaThe post UK to target "illegal" crypto promotions, including memes appeared first on AMBCrypto. дальше »
2023-7-18 12:00 | |
EU regulator opens consultation on first MiCA standards
ESMA has released a consultation paper on MiCA implementation requirements. Industry players are requested to provide feedback by September 20. The EU regulator will present the final proposals to the European Parliament by June 30, 2024. дальше »
2023-7-14 21:58 | |