A Turning Point For Crypto? Ex-SEC Officials To Testify Vs Regulator In ‘Dazed’ Hearing

In a well-publicized congressional hearing scheduled on September 18, 2024, former high-ranking United States Securities and Exchange Commission executives are to testify against the agency. Dubbed “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets,” the hearing will center on the divisive SEC policies on crypto, especially under Chair Gary Gensler’s direction. Related […] дальше »

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DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says

The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps. дальше »

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U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case

After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity. дальше »

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SEC ‘regrets any confusion’ from dubbing tokens as securities: filing

The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations. дальше »

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eToro Reaches Settlement with SEC and Will Cease Trading Nearly All Crypto Assets

Trading platform eToro agreed to pay $1. 5 million to settle charges it operated an unregistered broker, an unregistered clearing agency and facilitated trading certain crypto assets as securities, the U. дальше »

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Kalshi Lists Long-Sought Election Contracts After Beating CFTC in Court

The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts. дальше »

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Top GOP lawmakers scrutinize SEC’s Gensler on hiring

Gary Gensler, chair of the Securities and Exchange Commission, is under fire for his staff hiring choices at the regulatory agency. Republican lawmakers have opened an investigation into hiring decisions at the U. дальше »

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Crypto payments platform MoonPay secures Australian registration

MoonPay has registered with Australia’s regulator to provide crypto exchange services, enabling local payment methods like Osko and PayID for Australian users. Crypto payments firm MoonPay has officially registered with Australia‘s financial intelligence agency — also known as AUSTRAC —… дальше »

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CFTC Has No Authority to Second-Guess Election Contracts, Judge Says

Elections are not a form of "gaming," so the agency should not have conducted a public review of Kalshi's political prediction markets, the judge wrote. дальше »

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Lawmakers to probe SEC over suspected political favoritism in staffing

Lawmakers have launched a joint investigation into the Securities and Exchange Commission (SEC), raising concerns that the agency may have engaged in politically motivated hiring practices, according to a Sept. дальше »

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Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities

While the broader crypto industry fights with the U.S. Securities and Exchange Commission about the agency's labeling of most tokens as securities, Prometheum is swinging open its doors for a long-awaited test of its strategy to assume the SEC is right. дальше »

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SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’

SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.” дальше »

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Record $4.68 billion fines mark SEC’s toughest year on crypto

The US Securities and Exchange Commission (SEC) imposed $4. 68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. дальше »

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Binance subsidiary Tokocrypto secures major license in Indonesia

Binance’s subsidiary in Indonesia, Tokocrypto, has acquired the key crypto asset trader license in the country. Tokocrypto obtained the license from the Commidity Futures Trading Regulatory Agency (Bappebti). дальше »

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CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale. дальше »

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OpenSea receives SEC Wells notice, monthly NFT sales fall below $400M: Nifty Newsletter

OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency. дальше »

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FBI warns of North Korean threat to crypto, cautions against potential ETF-related attacks

The Federal Bureau of Investigation (FBI) issued a warning about North Korea’s aggressive targeting of the crypto industry on Sept. 3. The agency detailed the sophisticated social engineering campaigns conducted by North Korean actors against employees of crypto-related businesses, notably DeFi applications. дальше »

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SEC commissioner calls for specialized forms to address digital asset complexities

US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda has urged the agency to develop specialized S-1 registration forms specifically designed for digital asset securities. Uyeda made the statement during a talk at the Korea Blockchain Week 2024 event on Sept. дальше »

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SEC Commissioner Mark Uyeda Calls for S-1 Form Tailored for Digital Assets

Uyeda said the U.S. agency can work with crypto firms to figure out how to differentiate S-1 forms for digital assets. дальше »

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Another country launches investigation against Telegram: What’s going on

An investigation has begun against Telegram in South Korea on similar charges brought against the messenger in France. Yonhap News Agency, citing the police, reported that the platform is accused of aiding and abetting sexual crimes. The head of the… дальше »

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OpenSea Faces SEC Wells Notice: Implications for the NFT Market

OpenSea, the leading NFT marketplace, has recently received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), which threatens legal action based on the agency's belief that the NFTs traded on its platform may be classified as securities. дальше »

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Democrat lawmaker blasts SEC’s ‘blatant abuse of power’ over crypto enforcement

Congressman Wiley Nickel (D-NC) has voiced strong criticism against the US Securities and Exchange Commission (SEC), accusing the agency of undermining trust in the regulatory system because of its  “regulation by enforcement” approach. дальше »

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U.S. SEC Settles With Abra Over Unregistered Sales of Securities

Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday. дальше »

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U.S. SEC Settles with Abra Over Unregistered Sales of Securities

Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday. дальше »

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Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole

Federal Reserve chair Jerome Powell confirmed signs that the public agency is set to loosen monetary policy at the Jackson Hole symposium on Friday. дальше »

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China’s supreme court recognizes crypto in landmark AML law update

China’s highest court and its public prosecution agency have for the first time recognized crypto transactions in their revised interpretation of the country’s anti-money laundering laws. At a joint press conference on Aug. дальше »

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Greenidge Generation battles New York agency over Dresden power plant permit

Bitcoin miner Greenidge Generation has filed a lawsuit against the New York Department of Environmental Conservation (DEC) over licensing issues. According to an Aug. 15 court filing, the company seeks an injunction after the DEC denied its Title V air permit application for its Dresden power generation and mining facility. дальше »

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Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products. дальше »

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Coinbase opposes SEC proposal to redefine exchanges to include DEXs

Coinbase has submitted a strongly worded comment letter to the US Securities and Exchange Commission (SEC) opposing the agency’s proposal to expand the definition of “exchange” to include decentralized exchanges (DEXs). дальше »

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Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded

Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim. дальше »

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Ripple XRP ruling sets precedent for retail crypto sales, AMLBot CEO says

Crypto markets saw an XRP god candle after the Ripple v. SEC ruling, but AMLBot’s CEO warned that an appeal from the agency could stall price momentum. Last year, Ripple’s (XRP) initial triumph over the SEC lifted markets. Sentiment that… дальше »

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Japan's Top Regulator Says Crypto-ETF Approvals Need 'Cautious Consideration:' Report

The boss of Japan's Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds. дальше »

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Indian law enforcement agency DGGI wants $86M unpaid GST from Binance

India demands $86 million in unpaid GST from crypto exchange Binance. Indian law requires 1% TDS on crypto transactions and 30% tax on profits. Binance plans to resume operations in India after being banned in January 2024 for noncompliance. дальше »

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Binance asked to pay $86m in Indian Goods and Services Tax

Binance has received a show-cause letter from the Directorate General of GST Intelligence of Ahmedabad to pay inr 722 crores, approximately $86 million USD, as goods and services tax. According to a Times of India report, the DGGI, an agency… дальше »

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Australia’s police joins global campaign to disrupt crypto scams

The Australian Federal Police has teamed up with Chainalysis to identify over 2,000 compromised crypto wallets belonging to Australians. Australia‘s national policing agency, the Australian Federal Police, has partnered with blockchain forensic firm Chainalysis to combat crypto scammers as the… дальше »

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Tucker Clarkson Drops Jaw-Dropping Bombshell: The CIA Created Bitcoin

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SEC charges Bitclout aka DeSo's Al-Naji with $257M securities fraud

Bitclout's Al-Naji reportedly lied about the project's lack of decentralized nature SEC's actions come on the back of the agency cracking down on entities guilty of similar violations The UnThe post SEC charges Bitclout aka DeSo's Al-Naji with $257M securities fraud appeared first on AMBCrypto. дальше »

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Russia Legalizes Crypto Mining and Brings an Experimental Regime

Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported. дальше »

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Donald Trump's potential SEC chairman should tackle 5 issues

Donald Trump has promised to fire SEC Chair Gary Gensler, whose work at the agency was defined by his animosity toward crypto.

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Australia’s AUSTRAC warns of crypto’s growing role in illicit activities

Australia’s financial watchdog has expressed concerns over the surge in digital currency usage in facilitating illicit transactions. Per the 2024 Money Laundering National Risk Assessment from the Australian Transaction Reports and Analysis Centre (AUSTRAC), a financial intelligence agency, the nation… дальше »

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Nigeria to focus on Blockchain and emerging tech with plans to deploy research centers 

The National Information Technology Development Agency (NITDA) in Nigeria is looking to deploy research centers geared towards emerging technologies like Blockchain. The initiative was announced by the NITDA’s Director-General, Kashifu Inuw, at the IoT West Africa Conference in Lagos.  According… дальше »

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SEC Commissioner slams agency’s approach to crypto filings

SEC Commissioner Mark Uyeda calls for updated crypto disclosure rules as the SEC sues Consensys for unregistered broker activities. дальше »

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Coinbase will custody digital assets for US Marshals Service

The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets. дальше »

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U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency. дальше »

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German unemployment jumps 6% in June

Germany’s unemployment rate increased to 6% in June, reaching its highest level since May 2021, according to a report released by the Federal Employment Agency on Friday. This rise reflects growing concerns about the country’s economic stability amid global uncertainties. дальше »

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S&P Global joins Singapore's Project Guardian tokenization trials

The rating agency will provide its perspective on risk mitigation in tokenized fixed income transactions.

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US Fed CIO says it’s ‘hard to justify’ hiring human coders over AI

The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process. дальше »

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Gensler Provides Crucial Update on Ethereum ETF Approval Process

Gary Gensler has not revealed when exactly spot Ethereum ETFs are going to be greenlit by his agency дальше »

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FCA busts suspects in $1.2B illegal crypto asset business

FCA arrests two suspects involved in a $1.2 billion illegal crypto asset exchange, highlighting the agency’s efforts to combat financial crime. дальше »

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German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges

Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site. дальше »

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