Bahamas watchdog ordered FTX to send digital assets to its wallet

The Securities Commission of Bahamas revealed on November 18 that it directed FTX to transfer digital assets under its control to the Commission’s wallet on November 12. The post Bahamas watchdog ordered FTX to send digital assets to its wallet appeared first on CryptoSlate.

372 +

Bahamian securities regulator ordered the transfer of FTX’s digital assets

The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.

381 +

Securities Commission of Bahamas freezes FTX's assets amid U.S investigations

The Securities Commission of Bahamas has frozen FTX Digital Markets’ assets, besides suspending its registration. FTX, a separate entity from FTX.US, is based in The Bahamas. The Commission has aThe post Securities Commission of Bahamas freezes FTX's assets amid U.S investigations appeared first on AMBCrypto.

386 +

Is Crypto In Danger After LBRY’s Defeat Against The SEC?

The crypto company behind a peer-to-peer digital marketplace, LBRY, lost its legal battle against the U. S. Securities and Exchange Commission (SEC). The regulator filed a lawsuit against the crypto platform over the alleged illegal sales of an unregistered security, its native token LBRY Credits (LBC).

325 +

European Commission to soon propose legislation on a digital Euro

The European Commission is soon going to bring out legislation on the digital Euro, said European Central Bank (ECB) President Christine Lagarde. Lagarde was addressing the "Towards a legislative The post European Commission to soon propose legislation on a digital Euro appeared first on AMBCrypto.

409 +

Qoin Crypto Promotor Deceived and Misled Users, Claims Australian Finance Watchdog

The Australian Securities and Investments Commission (ASIC) has sued the issuer of digital currency Qoin Crypto, alleging that the company misled or deceived almost 80,000 users. The post Qoin Crypto Promotor Deceived and Misled Users, Claims Australian Finance Watchdog appeared first on BeInCrypto.

482 +

US regulator touts ‘aggressively’ policing crypto in new report

The Commodity Futures Trading Commission says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year.

398 +

UK Law Commission expects 'substantial impact' from digital asset law review

Legal jurisdictional issues relating to cryptocurrencies and digital assets have necessitated a law reform project sponsored by the Ministry of Justice.

406 +

Coinbase files brief backing Grayscale’s ETF lawsuit against SEC

Coinbase (NASDAQ: COIN) has filed an amicus brief in support of digital assets manager Grayscale Investments, which is suing the US Securities and Exchange Commission (SEC) over the rejection of the company’s spot Bitcoin ETF application.

469 +

European Union’s Action Plan on Digital Energy Might Affect Crypto Mining

The European Commission (EU) action plan seeks to curb electricity use for crypto mining among member states.

423 +

How Crypto Might Shake Up England’s Ancient Property Laws

The Law Commission of England and Wales is exploring how digital assets should be treated under existing and new legislation, and its suggestions may upend centuries-old legal norms.

423 +

Grayscale files brief in SEC lawsuit over spot Bitcoin ETF rejection

Grayscale, the world's largest digital asset fund manager, has filed an opening brief in its lawsuit against the U.S. Securities and Exchange Commission. SEC’s argument “deeply flawed” In a TwThe post Grayscale files brief in SEC lawsuit over spot Bitcoin ETF rejection appeared first on AMBCrypto.

385 +

LBRY’s Jeremy Kauffman Says The SEC Is Out To Damage The Crypto Industry

412 +

CFTC Penalizes Blockchain Protocol $250K, Files Action Against Successor DAO

The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki DAO.

422 +

Thai SEC Canvasses Opinion on Proposed Crypto Staking and Lending Ban

The Thai Securities and Exchange Commission (SEC) has approved regulations prohibiting digital asset operators from providing or supporting digital asset deposit services that pay returns to depositors.

394 +

Insider Trading: Former Coinbase Employee Pleads Guilty To Charges As SEC Clamps Down On The Cryptosphere

The Securities and Exchange Commission’s (SEC) zero tolerance for insider trading in digital assets took a new turn in July as the commission arrested Coinbase staff Ishan Wahi and his brother Nikhil Wahi.

405 +

SEC's Gensler Holds Firm That Existing Laws Make Sense for Crypto

Securities and Exchange Commission (SEC) Chair Gary Gensler told the Practising Law Institute last week that existing securities laws fit the crypto markets in a speech that’s garnered attention from all parts of the digital currency ecosystem.

424 +

SEC’s Hurdles Against BTC Spot ETF Highly Suspicious, Chamber Of Digital Commerce Warns

The Chamber of Digital Commerce has criticized the U.S. Securities Exchange Commission for rebuffing a Bitcoin ETF despite numerous applications...

353 +

Chamber of Digital Commerce bats for Bitcoin ETF as SEC...

To protect the interests of investors in the United States, the crypto advocacy group Chamber of Digital Commerce urged the Securities and Exchange Commission, or SEC, to approve applications for BitcThe post Chamber of Digital Commerce bats for Bitcoin ETF as SEC... appeared first on AMBCrypto.

432 +

Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe

European digital bank Revolut has been granted authorization by the Cyprus Securities and Exchange Commission (CYSEC) allowing it to offer crypto services across the European Economic Area (EEA).

315 +

US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum

Leaders of the Senate Agriculture Committee introduced a bill on August 3 to make the Commodity Futures Trading Commission (CFTC) the chief regulator of digital assets that are commodities. The post US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum appeared first on CryptoSlate.

391 +

New Senate Bill Seeks To Regulate Bitcoin And Ethereum Under The CFTC

Two top-ranking members of the U.S Senate Committee have proposed legislation that could see Bitcoin, Ethereum, and other digital assets fall under the oversight of the Commodities Futures Trading Commission (CFTC).

449 +

Law Commission of England Proposes New Form of Property For Bitcoin

The proposal from England’s Law Commission outlines a new form of property for digital assets, custodial operations, and a framework for legal proceedings.

409 +

England Law Commission recommends reforming property laws for digital assets

The Law Commission of England and Wales has proposed reforming existing laws, especially private property law, to protect cryptocurrency users and maximize the potential of the technology. The post England Law Commission recommends reforming property laws for digital assets appeared first on CryptoSlate.

411 +

Law Commission for England and Wales proposes reforms for digital assets

The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection.

304 +

SEC Chairman Warns Against Crypto Investment Risks, Here’s Why

One of the forces not to be ignored as a crypto investor is the Security and Exchange Commission, SEC. The body does everything it can to either regulate crypto or scrap the industry if possible. Unfortunately, many digital operators, including network founders, exchange firms, and even top management in the space, have had issues with […]

508 +

Spot Bitcoin ETF: Grayscale’s chief legal officer says litigation could take up to 2 years

Grayscale’s litigation process against the US Securities and Exchange Commission (SEC) over the regulator’s denial of a spot Bitcoin ETF could take as long as two years. That’s according to the leading digital asset manager’s chief legal officer Craig Salm.

924 +

Inverse Bitcoin ETF Sees 300% Increase In Short Interest

Bitcoin ETFs had been seeing a lot of interest since they were first given the green light by the Securities and Exchanges Commission (SEC) last year, and while some of them have waned, they still remain a good option for institutional investors wanting to bet on the digital asset but not hold any of it […]

462 +

Grayscale Investments Sues SEC Over Bitcoin ETF Denial

In response to the U. S. Securities and Exchange Commission’s denial of a request to convert its Bitcoin trust into an exchange-traded fund, Grayscale Investments, the largest manager of digital currency assets globally, has filed a lawsuit against the SEC.

274 +

Grayscale Sues SEC Over Spot Bitcoin ETF Application Rejection

The worlds largest digital asset manager, Grayscale, has filed a lawsuit against the U.S. Securities and Exchange Commission after the regulator rejected its application to convert its flagship Bitcoin trust...

253 +

What are the odds of a new Bitcoin ETF approval? Not good, according to Susquehanna’s Bart Smith

The US Securities and Exchange Commission (SEC) is unlikely to approve a spot Bitcoin exchange traded fund (ETF) anytime soon, says Bart Smith, the global head of digital asset strategy at Susquehanna International Group.

435 +

Major Banks Urge Caution With European Union's CBDC Plans

The European Commission should stop focusing on technical details and think about whether to issue a digital euro at all, the Institute of International Finance said.

268 +

Major Banks Urge Rethink of European Union's CBDC Plans

The European Commission should stop focusing on technical details and think about whether to issue a digital euro at all, the Institute of International Finance said.

377 +

SEC Chief Advises Caution to Crypto Investors as Market Weakness Extends

U. S. Securities and Exchange Commission (SEC) Gary Gensler recently stated that investors should be cautious of "too good to be true" crypto returns offered by lending platforms and digital products.

364 +

CFTC Chairman 'Encouraged' by Bill in Congress to Give the Agency More Crypto Oversight

Rostin Behnam, the chairman of the Commodity Futures Trading Commission (CFTC), is “very encouraged” that Congress is making moves to grant his agency a much wider regulatory authority over the digital asset markets, he said at CoinDesk's Consensus 2022.

378 +

Hong Kong’s Securities And Futures Commission Releases Warning On NFTs

The lack of clear digital asset regulations has left innovators to stumble forward as they reach their hands out in the dark. Hong Kong’s Securities and Futures Commission (SFC) has issued a warning on NFTs as they say certain projects may have breached securities law.

425 +

Crypto Scammers Have Drained Over $1 Billion From Consumers Last Year – FTC

Crypto scammers have defrauded more than 46,000 people over $1 billion since the start of 2021, according to a report released by the Federal Trade Commission on Friday. Fraudsters are capitalizing on the increased popularity of acquiring digital wealth quickly.

408 +

Reprieve As Nigeria’s Regulator Issues Progressive Cryptocurrency Rules

The Securities Exchange Commission (SEC) of Nigeria has put out new rules that seek to regulate digital assets in the country, signaling the full acceptance of crypto assets in Africa’s most populous nation.

417 +

CFTC Chair Considers Bitcoin and Ethereum to Be Commodities

Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has expressed his belief that Bitcoin and Ethereum are commodities, though the digital asset market contains commodities and securities alike. He therefore...

404 +

Nigeria’s SEC Issues New Guidance for Crypto, Classifies Them as Securities

Nigeria’s Securities and Exchange Commission has released new rules to guide the issuance, custody, and exchange of digital assets, while also classifying them as securities. The post Nigeria’s SEC Issues New Guidance for Crypto, Classifies Them as Securities appeared first on BeInCrypto.

480 +

5 Questions for Chris ‘Crypto Dad’ Giancarlo

The ex Commodity Futures Trading Commission chief discusses regulation, digital dollars and financial inclusion. This article is part of CoinDesk's Payments Week.

526 +

US Lawmakers Reintroduce Bill to Give CFTC Crypto Spot Market Oversight

U.S. Representatives Glenn Thompson (R-Pa.) and Ro Khanna (D-Calif.) reintroduced the Digital Commodity Exchange Act Thursday, which would create a comprehensive national framework for digital assets and give the Commodity Futures Trading Commission a greater role in overseeing the sector.

381 +

Congressmen tell SEC redefining long-standing concepts would be bad for digital ecosystem

Republican House Financial Services Committee members are resisting proposed changes to the 1934 Exchange Act in a letter to the Securities Exchange Commission.

386 +

The SEC requires crypto exchanges to expose their customers’ assets

This year, a crackdown on digital assets has been at the top of the US Securities and Exchange Commission’s (SEC) plan. The post The SEC requires crypto exchanges to expose their customers’ assets appeared first on CryptoSlate.

332 +

Grayscale Threatens SEC with Legal Action: An Expert’s Comment

Grayscale Investments, the world’s largest digital assets fund manager, is threatening legal action against the US Securities and Exchanges Commission (SEC). According to Grayscale CEO Michael Sonnenshein, that could be the route for the asset manager should the SEC reject its application to convert its Bitcoin Trust (GBTC) product into a spot Bitcoin exchange-traded fund […] The post Grayscale Threatens SEC with Legal Action: An Expert’s Comment appeared first on Invezz.

422 +

How This Crypto Company Will Use Garlic To Ward Off The SEC

LBRY, Inc. , a crypto company behind a P2P digital marketplace powered by a native token, has been in a legal with the U. S. Securities and Exchange Commission (SEC). Similar to payment company Ripple, the regulator accused LBRY of illegal sales of security with the token LBRY Credits (LBC).

459 +

Goldman Sachs Will Now Offer Its Clients Ethereum Funds Via Galaxy Digital

Goldman Sachs will be offering its clients access to Ethereum Funds through Galaxy Digital’s Institutional Ethereum Fund. This was reported from the regulatory documents filed with the U. S Securities and Exchange Commission (SEC).

439 +

EU Regional ‘Digital Euro’ CBDC Now Inevitable Come 2023 Says European Commission

The European Commission (EC) Finance Chief, Mairead McGuinness, has officially declared a timeline for the actualization of Europe’s central Digital Euro. Speaking at a midweek Fintech conference, as reported by Politico, McGuinness disclosed that the roadmap of the commission is currently at the stage where key legislators engage in “a targeted legislative consultation’ in the […]

387 +

New Hampshire Governor issues executive order establishing commission to study crypto

The commission will have until Aug. 8 to submit a report "regarding the current status of the cryptocurrency and digital asset industry.”

468 +

Why the SEC is investigating these crypto lending firms

Top crypto lending firms, Gemini Trust Co, Celsius Network, and Voyager Digital Limited, are under investigation by the US Securities and Exchange Commission (SEC).   High-interest rates attract regulators attention Sources close to the matter revealed that this isn’t a specific investigation into these companies.

402 +