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Canada Revenue Agency Targets $39.5 Million From Crypto Tax Evaders
The Canada Revenue Agency is pursuing $54 million in unpaid taxes from cryptocurrency traders, emphasizing the need for improved tax education. The post Canada Revenue Agency Targets $39.5 Million From Crypto Tax Evaders appeared first on BeInCrypto. дальше »
2024-5-8 22:43 | |
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Ripple Vs. SEC: Sealed Remedies Reply Brief Filed, What To Expect Now
In the latest from the XRP lawsuit between Ripple and the US Securities and Exchange Commission (SEC), the agency has filed its remedies reply brief under seal, signaling a significant advance in the case’s remedies phase. дальше »
2024-5-7 09:00 | |
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The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case. дальше »
2024-5-7 22:27 | |
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Edward Snowden urges privacy updates in Bitcoin amid Coinjoin closure
Edward Snowden has called on blockchain developers to enhance Bitcoin’s privacy following the crypto mixing services shutdown due to U.S. pressure. Former National Security Agency (NSA) contractor Edward Snowden is urging blockchain developers to prioritize implementing privacy measures in Bitcoin… дальше »
2024-5-3 15:24 | |
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Ripple (XRP) Aims to Dismiss SEC Accountant’s Testimony in Ongoing Lawsuit: Here’s What to Expect
In the latest development of the ongoing legal battle between Ripple and the U. S. Securities and Exchange Commission (SEC), the regulatory agency has filed a motion opposing Ripple’s request to strike the declaration of Andrea Fox, a top SEC accountant. дальше »
2024-5-1 18:45 | |
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House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question. дальше »
2024-5-1 00:40 | |
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XRP Lawsuit: SEC Counters Ripple’s Motion To Strike – A Detailed Analysis
In the XRP lawsuit, the Securities and Exchange Commission (SEC) has countered Ripple Labs’s recent motion to strike the declaration of SEC summary witness Andrea Fox. The agency’s filing asserts that the testimony is permissible as summary evidence under federal law, not requiring expert disclosure as claimed by Ripple. дальше »
2024-4-30 08:45 | |
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SEC considered Ethereum unregistered security for at least a year: FOX Business
New insights into the SEC's investigation into Ethereum's status as a security and Consensys' legal challenge to the agency's claims. The post SEC considered Ethereum unregistered security for at least a year: FOX Business appeared first on Crypto Briefing. дальше »
2024-4-30 18:11 | |
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SEC considers Ethereum unregistered security for at least a year: FOX Business
New insights into the SEC's investigation into Ethereum's status as a security and Consensys' legal challenge to the agency's claims. The post SEC considers Ethereum unregistered security for at least a year: FOX Business appeared first on Crypto Briefing. дальше »
2024-4-29 18:11 | |
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UK law enforcement given new powers to seize, destroy digital assets linked to criminals
The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and destroy digital assets linked to criminal activities. The new measures aim to disrupt the financial networks of organized crime groups that increasingly exploit cryptocurrencies to launder money . дальше »
2024-4-27 02:16 | |
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Ripple Vs. SEC Lawsuit: Court Gives Regulator Tight Deadline To Strike Back
In the latest updates on the court case between Ripple and the United States Securities and Exchange Commission (SEC), the Magistrate Judge Sarah Netburn, has ordered strict deadlines for the regulatory agency to respond to the crypto firm’s motion. дальше »
2024-4-27 17:00 | |
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British law agency gains enhanced crypto seizure powers
The UK government has enacted enhanced powers for the National Crime Agency and police to seize and freeze crypto used by criminals. The British National Crime Agency (NCA) will no longer be required to make an arrest before seizing crypto… дальше »
2024-4-26 12:40 | |
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Consensys Takes on the SEC: A Legal Battle for the Future of Ethereum
Consensys sues the SEC, claiming Ethereum is not a security and challenging the agency's regulatory jurisdiction. The post Consensys Takes on the SEC: A Legal Battle for the Future of Ethereum appeared first on BeInCrypto. дальше »
2024-4-26 06:42 | |
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FBI warns US citizens against using ‘unregistered crypto money transmitting services’
The FBI advised US citizens against using unregistered crypto services to transmit assets on April 25. The agency’s warning stated that users should avoid crypto money transmitting services that are not registered as Money Services Businesses (MSBs) under US federal law. дальше »
2024-4-26 02:25 | |
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Consensys sues SEC over Ethereum classification, claims regulatory overreach
Consensys filed a lawsuit against the SEC seeking a court ruling that Ethereum's ether token is not a security amid the agency's crackdown on crypto firms The post Consensys sues SEC over Ethereum classification, claims regulatory overreach appeared first on Crypto Briefing. дальше »
2024-4-26 21:44 | |
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SEC likely to reject Ethereum spot ETF applications, insiders say
Insiders expect the SEC to deny spot Ethereum ETF applications, citing unproductive meetings and a lack of engagement on the agency's part. The post SEC likely to reject Ethereum spot ETF applications, insiders say appeared first on Crypto Briefing. дальше »
2024-4-26 15:20 | |
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SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon
The US Securities and Exchange Commission (SEC) wants nearly $5. 3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud. The agency detailed its requested fines in an April 19 legal filing. дальше »
2024-4-24 00:20 | |
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SEC lawyers resign after censure for ‘gross abuse of power’ — Bloomberg
Former lawyers from the SEC have resigned following a federal judge's sanctions against the agency for committing a "gross abuse of power." The post SEC lawyers resign after censure for ‘gross abuse of power’ — Bloomberg appeared first on Crypto Briefing. дальше »
2024-4-23 00:13 | |
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SEC lawyers quit amid another legal blow for agency: report
A Bloomberg report says that two US Securities and Exchange Commission (SEC) lawyers have resigned after the latest criticism levelled against the securities regulator. Judge sanctions SEC for “gross abuse” of power The lawyers’ resignations come after federal Judge Robert Shelby ruled that the SEC’s case against Digital Licensing Inc., or Debt Box, was replete […] дальше »
2024-4-23 23:00 | |
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Two SEC Lawyers Resign Following Debt Box Sanctions Fiasco: Bloomberg
Two lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the agency last month for committing a “gross abuse of power” while attempting to secure a temporary restraining order against Utah-based crypto company Debt Box, according to a Monday report from Bloomberg. дальше »
2024-4-23 22:42 | |
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SEC director refutes narrative that regulator lacks regulatory framework for crypto
SEC Director of Enforcement Gurbir Grewal recently spoke at the SEC Speaks event, addressing the regulatory challenges the crypto industry faces. Grewal countered the narrative that the SEC lacks a clear regulatory framework for crypto, emphasizing the agency’s commitment to applying existing securities laws to the digital asset space. дальше »
2024-4-4 23:05 | |
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CFTC’s Caroline Pham says KuCoin charges may infringe on SEC authority
CFTC Commissioner Caroline Pham said on March 29 that her agency’s charges against KuCoin may infringe on the duties of the SEC. Pham acknowledged the CFTC case as an “aggressive enforcement action” and commended the Division of Enforcement for the move. дальше »
2024-3-31 23:06 | |
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Indonesia: Crypto Products Required To Pass On Regulatory Sandbox After New Rule
Indonesia’s regulatory agency has issued a new rule that could potentially affect crypto assets in the country. According to local reports, firms must introduce their products to the Financial Services Authority (OJK)’s Regulatory Sandbox. дальше »
2024-3-29 04:00 | |
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US federal agencies ordered to name AI officers, meet other requirements
The White House ordered all US federal agencies to appoint chief AI officers on March 28. Vice President Kamala Harris described the far-reaching nature of the role, commenting that chief AI officers will “oversee all — I’m going to emphasize that — all” use of AI within each agency. дальше »
2024-3-29 23:23 | |
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Ripple CEO Responds To SEC’s Shocking $2 Billion Demand
In a rather shocking development, the United States Securities and Exchange Commission (SEC) has demanded a $2 billion sanction against Ripple. Responding to the startling demands, Ripple’s Chief Executive Officer (CEO), Brad Garlinghouse has taken a firm stance against the agency’s demands, determined to expose the true nature of the SEC. дальше »
2024-3-26 19:00 | |
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Uzbekistan’s NAPP says new fee hike set to ‘double’ state revenue from crypto sector
On March 19, the National Agency for Prospective Projects (NAPP) released a new mandate that increases the monthly fees for crypto market participants in Uzbekistan. According to the official press release, the updated fee structure is a revision to a… дальше »
2024-3-21 14:09 | |
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Coinbase's Allies Join Crypto Firm's Case Against SEC
Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside arguments with the circuit court. дальше »
2024-3-19 16:41 | |
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Nigeria intensifies probe into Binance with court-ordered data disclosure
A Federal High Court in Nigeria has ordered Binance to provide detailed information on all its Nigerian users to the country’s foremost anti-corruption agency — the Economic and Financial Crimes Commission (EFCC). дальше »
2024-3-19 23:30 | |
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QCP Capital: Bitcoin, Ether drop puts crypto market on alert
According to one options agency, declines in Bitcoin, Ethereum, and the total crypto market cap sparked short-term skepticism among traders. дальше »
2024-3-16 18:55 | |
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Uzbekistan taps Tether to boost crypto, blockchain development and regulation
Stablecoin issuer Tether Limited has entered a Memorandum of Understanding (MOU) with the Republic of Uzbekistan’s National Agency of Perspective Projects (NAPP) to develop a regulatory and legal framework for digital assets in the country, according to a March 7 press release. дальше »
2024-3-8 00:39 | |
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Tether signs MOU with Uzbekistan to develop blockchain-based p2p telecom infrastructure
Stablecoin issuer Tether has partnered with Uzbekistan’s National Agency of Perspective Projects to develop a blockchain-based system for peer-to-peer telecommunication. In a press release on Mar. дальше »
2024-3-8 14:27 | |
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Pro-Crypto SEC Commissioners Challenge Agency’s ‘Come In And Register’ Plea For Firms
In a bold and unconventional move, SEC Commissioners Hester Peirce and Mark Uyeda have taken a satirical approach to dissent in the recent ShapeShift settlement, shedding light on the regulatory challenges crypto firms face. дальше »
2024-3-7 06:30 | |
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Worldcoin faces three-month data collection suspension in Spain, WLD price drops 10%
Spain’s Data Protection Agency (AEPD) has ordered Worldcoin to halt personal data collection and processing and cease using already gathered data within the country for the next three months. дальше »
2024-3-6 18:25 | |
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Bitcoin Miners Show Muscle Pushing Back Against Warrantless 'Emergency' Order
In another example of crypto using the courts to fight back against unwarranted regulatory interference, blockchain advocates stopped a U.S. statistics agency from issuing an “emergency” request for mining energy metrics. дальше »
2024-3-6 23:55 | |
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Kremlin hopes to cut US dollar reliance with blockchain in BRICS
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide… дальше »
2024-3-5 10:28 | |
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BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said. дальше »
2024-3-5 08:40 | |
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Senior SEC Enforcement Lawyers Depart Amid Cryptocurrency Regulatory Challenges
A wave of senior enforcement lawyers at the U.S. Securities and Exchange Commission (SEC) is preparing to leave their roles, raising concerns about the agency's ability to navigate the complex regulatory landscape of the cryptocurrency market. дальше »
2024-3-5 15:30 | |
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Edward Snowden Reveals ‘Unpopular But True’ Opinion On Bitcoin
In a recent statement shared on X (formerly Twitter), Edward Snowden, the former National Security Agency contractor and whistleblower, hailed Bitcoin as “the most significant monetary advance since the creation of coinage. дальше »
2024-2-19 10:20 | |
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BlockDAG Edges Out BNB and Ethereum-based Kelexo in Best Energy-Efficient Blockchains
Cryptocurrency mining and artificial intelligence (AI) models have increased data centre density, which has resulted in increased energy consumption and greenhouse gas (GHG) emissions. According to a report by the International Energy Agency (IEA), AI training and crypto mining may push data centres to double their electricity usage by 2026. In mitigation, many crypto tokens […] дальше »
2024-2-16 15:42 | |
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