Epik Introduces Lockr, A Stunning Web3 Mobile Application

Coinscribble – October 5, 2023 / Epik, producer of the world’s premium digital items and NFTs and the leading global licensing agency placing major brands into video games and metaverses, is pleased to announce the launch of its web3 mobile application – Lockr. дальше »

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Uzbekistan introduces new crypto mining regulations

The National Agency for Perspective Projects (NAPP) of Uzbekistan has issued a decree outlining updated requirements for cryptocurrency mining within the country. дальше »

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SEC Extends Ark, Global X ETF Deadlines as Government Shutdown Looms

The efforts from Ark 21Shares and Global X to list spot bitcoin exchange traded funds (ETFs) must now officially wait longer for the U.S. Securities and Exchange Commission (SEC) to either approve or reject or deny their applications as the agency moved to extend deadlines Tuesday. дальше »

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SEC Told to Approve Bitcoin Spot ETF ‘Immediately’ by Congress

Congress accuses SEC of unfair bitcoin ETF policies, demanding equal treatment of spot and futures funds after court ruling against agency. дальше »

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Lawmakers from both parties urge Gensler to approve spot Bitcoin ETF ‘immediately’

Four members of Congress have dispatched a letter to the Securities and Exchange Commission (SEC) today calling for immediate approval of a spot Bitcoin Exchange-Traded Fund (ETF). The letter argues that the SEC’s recent appeals court loss to Grayscale Investments underscores the untenability and unlawfulness of the agency’s existing policy of rejecting such ETFs. дальше »

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Taiwan releases new guidelines for crypto exchanges

Taiwan’s regulator, the Financial Supervisory Commission (FSC) has announced new guidelines for virtual asset service providers (VASPs). The agency published the VASP guidelines on Tuesday, which includes exchange registration, segregation of customer funds and prohibition of certain products. дальше »

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Venezuela extends reorganization shutdown of crypto agency to March 2024

The government will spend six additional months reorganizing the entity, which it shut in March 2023.

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UK FCA issues final warning to companies promoting crypto assets

The Financial Conduct Authority (FCA) issued a final warning to companies promoting crypto assets to UK consumers. This warning letter detailed the agency’s previous outreach efforts and endeavors to assist crypto firms in complying with the rules. A bolded final… дальше »

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Gensler says U.S. government shutdown would reduce SEC to skeleton crew

Gary Gensler, chair of the U. S. Securities and Exchange Commission (SEC), told Bloomberg on Sept. 20 that a government shutdown could hinder his agency. Other reports indicate that the U. S. government could shut down on Oct. дальше »

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South Koreans’ overseas crypto assets boom to $99B as regulatory focus shifts to OTC trade regulation

South Koreans reported approximately 131 trillion won (around $99 billion) in overseas crypto assets, including Bitcoin (BTC), for this year, according to the country’s tax agency. According to the document, 1,432 individuals and entities possessed cryptocurrency holdings valued at over $99 billion overseas. дальше »

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South Koreans declare overseas crypto holdings worth $98.5 bln

Crypto held overseas constituted 70. 2% of the total value of foreign assets declared by South Korean nationals. The tax agency warned that individuals who break tax rules will face fines. дальше »

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Unicoin announces major rebranding in partnership with FutureBrand ahead of imminent ICO

Unicoin, the assets-backed cryptocurrency company, has teamed up with global branding agency FutureBrand for a comprehensive rebranding strategy as it prepares for its upcoming Initial Coin Offering (ICO) on cryptocurrency exchanges. дальше »

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Crypto ‘Mom’ Hester Peirce Slams SEC for Stoner Cats Actions

SEC commissioner Hester Pierce has come out against her own agency for its heavy-handed approach to crypto enforcement, which she says is unjustified and is stifling innovation дальше »

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Op-ed: What the crypto industry must do to survive the wrath of the SEC

The Securities and Exchange Commission (SEC) has been keeping a watchful eye on the cryptocurrency industry, raising concerns about its lack of regulation. The agency has made it clear that it views many cryptocurrencies as securities and, therefore subject to federal securities laws. дальше »

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Kazakhstan launches CBDC development agency

The National Bank of Kazakhstan (NBK) launched a new local agency that will be in charge of the CBDC development in the country. According to an official press release, the new agency will be called the National Payment Corporation. The… дальше »

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Kazakhstan establishes regulatory agency to implement CBDC

The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge. дальше »

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SEC Intensifies Legal Battle With Binance: Court Update

In an escalating battle between the U. S. Securities and Exchange Commission (SEC) and Binance, the regulatory agency has sharply criticized the cryptocurrency exchange for its alleged non-cooperation in a recent investigation. дальше »

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Gensler defends extensive rule-making record in congressional grilling

U. S. Securities and Exchange Commission (SEC) Chairman Gary Gensler defended the agency’s record of regulation, enforcement, and its rulemaking authority during a contentious hearing before the Senate Committee on Banking, Housing, and Urban Affairs this Tuesday, Sept. дальше »

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Europol slams DeFi over high criminal activity

International crime-fighting agency Europol has praised blockchain’s security, but also highlighted high criminal activity in decentralized finance. Europol, the EU law enforcement organization, has published its first European Financial and Economic CrimeThreat Assessment. дальше »

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Despite industry objections, SEC’s Gensler continues to classify crypto as securities

Securities and Exchange Commission (SEC) Chairman Gary Gensler remains steadfast that most cryptocurrencies fall under the agency’s securities regulations despite ongoing criticism from the crypto industry. дальше »

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SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing

Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. дальше »

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Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry. дальше »

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Taiwan plans ban on unregistered offshore crypto exchanges

Taiwan plans to restrict access to offshore cryptocurrency exchanges that are not registered with the local regulators. According to a Sept. 7 report by Taiwan’s semi-official Central News Agency, the country’s Financial Supervisory Commission recently drafted ten virtual asset service… дальше »

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CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep

The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the agency. дальше »

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SEC Shocker: Ripple’s XRP Deemed ‘Valueless’ – Has the Agency Lost Its Path?

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Global crypto policy underway? FSB, IMF to deliver a paper at G20

The FSB is G20's global standard setter; the IMF is the global economic agency. India, which is hosting the G20 presidency until December 2023, has requested the paper. The Financial StabiliThe post Global crypto policy underway? FSB, IMF to deliver a paper at G20 appeared first on AMBCrypto. дальше »

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Japanese regulator seeks to scrap “unrealized gains” tax on crypto

The Japanese Financial Services Agency has proposed changing the tax code around digital assets to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto. дальше »

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Spot Bitcoin ETF Nears Green Light: Former SEC Chief Clayton Predicts Approval

Jay Clayton, who formerly held the top post with the securities agency, is not surprised by the SEC delay. However, he predicts a spot ETF could soon make a debut. The post Spot Bitcoin ETF Nears Green Light: Former SEC Chief Clayton Predicts Approval appeared first on BeInCrypto. дальше »

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Lawyer outlines Ripple-SEC settlement path amid Coinbase case impact

John Deaton clarified that even if an appeal were possible in such a situation, the agency’s authority would be diminished.

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Coinbase Vs SEC: XRP Lawyer Rates Chances Of Case Dismissal At 35%, Here’s Why

Popular pro-XRP lawyer John E. Deaton has weighed in on the ongoing court case between the United States Securities and Exchange Commission (SEC) and the Coinbase cryptocurrency exchange. In June, the US securities regulator launched a lawsuit against Coinbase, accusing the exchange of running an “unregistered securities exchange, broker and clearing agency.” On August 4, […] дальше »

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JPMorgan Eyes Crypto Travel with New Trademark

JPMorgan Chase is diving deeper into the cryptocurrency sphere with its latest trademark application for "Chase Travel," indicating plans to offer financial exchange of virtual currency alongside travel agency services дальше »

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Stronghold requests permission to burn tires for crypto mining in Pennsylvania

The company requests the use of tire-derived fuel, citing the United States Environmental Protection Agency’s approval to use the energy source at other industrial facilities in the state. дальше »

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SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

Analysts say the best-case scenario for crypto is that the Securities and Exchange Commission approves the batch of spot Bitcoin ETFs, but the agency may exercise its right to an appeal. дальше »

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SEC In Turmoil: Internal Rebellion Erupts Over NFT Showdown, Regulators At War?

In a recent development, two prominent commissioners at the US Securities and Exchange Commission (SEC), Mark Uyeda and Hester Peirce, have expressed their dissent against the agency’s enforcement action on Non-Fungible Tokens (NFT). дальше »

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SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler

The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting. дальше »

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Uzbekistan Set to Implement Framework for Registering Crypto Miners

Earlier this month, NAPP approved two banks to be participants in the national digital sandbox for regulations. When asked about the agency's regulatory sandbox, Pak noted that currently, three participants are registered. дальше »

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Crypto Scammers Outwit DEA In Airdrop Ploy, Walk Away With $55,000+ Stablecoins

Crypto scammers dealt a blow to the United States Drug Enforcement Administration – the agency tasked with enforcing the country’s drug laws – by making off with $55,000 in seized Tether (USDT) earlier this year. дальше »

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US DEA loses over $50k USDT to scammer in botched transaction: Forbes

The U. S. Drug Enforcement Agency (DEA) unknowingly sent over $50,000 in Tether’s USDT to a crypto scammer, according to an Aug. 24 Forbes report. The scammer tricked the DEA into sending 55,000 USDT to their wallet instead of the U. дальше »

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FTX reports a cybersecurity breach involving its claims agent Kroll

Kroll is acting as the claims agency for FTX in the ongoing bankruptcy case. Kroll is in contact with the affected individual. FTX is seeking to increase its crypto holding through selling, staking and hedging with the help of Galaxy Digital. дальше »

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DEA gets duped: Agency loses $55K in address poisoning scam

The DEA, the country's lead drug enforcement agency, is yet to find those responsible for the attack but has enlisted the help of the FBI. дальше »

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Crypto Debacle: DEA’s $50,000 Seizure Ends Up In Scammer’s Hands

According to a recent report by Forbes, the US Drug Enforcement Agency (DEA) has inadvertently transferred $50,000 worth of seized cryptocurrency to a hacker, who has amassed hundreds of thousands in Ethereum (ETH) within a few months. дальше »

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SEC, DOJ file charges against creator of little-known Blazar Token

The U. S. Securities and Exchange Commission (SEC) filed charges against John DeSalvo, the creator of a minor cryptocurrency called Blazar Token, on Aug. 23. The agency said that DeSalvo created Blazar Token in 2021 and raised $620,000 from 220 investors before the token ultimately collapsed in May 2022. дальше »

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Tornado Cash co-founders charged by DOJ; one sanctioned by U.S. Treasury while the other arrested by FBI

The U. S. Department of Justice (DOJ) announced charges against two individuals who co-founded Tornado Cash on Aug. 23. The agency unsealed an indictment charging Roman Storm and Roman Semenov with various wrongdoings related to creating, operating, and promoting Tornado Cash — a once-popular Ethereum-based coin mixer that obscured crypto transactions. дальше »

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FBI warns of a $40 mln sale of stolen crypto by North Korean hackers

The FBI said the North Korean hackers have transferred stolen Bitcoin worth $40 million to different Bitcoin addresses. The agency believed the group may now try liquidating these assets. OnThe post FBI warns of a $40 mln sale of stolen crypto by North Korean hackers appeared first on AMBCrypto. дальше »

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FDIC Issues Warning Over Increased and Complex Crypto-Related Risks

The Federal Deposit Insurance Corporation (FDIC) has issued a fresh warning to financial institutions about the increased and complex risks associated with crypto-related activities. In its 2023 risk review report released Monday, the agency said that crypto-assets “pose novel and complex risks to the U. дальше »

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Report Shows FBI’s Crypto Bag Grew Significantly In 4 Months

Despite the decentralized nature of cryptocurrencies, authorities have in the past made several seizures of cryptocurrencies. This time around, a recent filing by the Federal Bureau of Investigation (FBI) revealed that the agency confiscated close to $1. дальше »

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Judge favors Treasury in Coinbase-backed lawsuit over Tornado Cash sanctions

A district court judge sided with the U.S. Treasury Department in a lawsuit that involves Coinbase and sanctions imposed on crypto mixer Tornado Cash. The decision came as a blow to six plaintiffs who had challenged the agency’s authority in… дальше »

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SEC petitions judge to certify appeal in XRP security case

The legal back-and-forth between the U. S. Securities and Exchange Commission (SEC) and Ripple (XRP) continues. The agency filed a petition late Friday, Aug. 18, asking Judge Analisa Torres, of the U. дальше »

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SEC Crosses Jurisdictional Bounds Again in Pursuit of Do Kwon

In a groundbreaking move, the SEC is extending its jurisdiction to South Korea as part of its investigation into Do Kwon, co-founder of Terraform Labs, signifying the agency's unwavering global regulatory reach. дальше »

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Federal Reserve shuts down Farmington Bank over unapproved stablecoin project

The Federal Reserve took action against Farmington State Bank on Aug. 17, asserting the bank took on a stablecoin strategy without notifying supervisors or gaining approval. The U.S. government agency said that it approved Farmington’s application to become a bank holding company in 2020, at which time it imposed certain conditions on the bank and […] The post Federal Reserve shuts down Farmington Bank over unapproved stablecoin project appeared first on CryptoSlate. дальше »

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