Ugly Bargains Between Banks and Regulators Are Rearing Their Head Again

The "know your customer" and anti-money laundering system has evolved to become an excessive constraint on financial access and a dangerous imposition on liberty and privacy – even if the original security intent was reasonable. дальше »

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Regulators Need Power to Take Down Foreign Crypto Sites, IOSCO Says

The global securities standard-setter is worried about the rise of misleading financial advice on social media, including for crypto дальше »

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Regulators are ‘spending too much time’ on crypto: Comptroller

Michael Hsu stated that it is starting to worry him that “we’re not spending that time and attention on some other things,” like fintech, which he described as the “future.” дальше »

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USDT whales, sharks with increase in buying power have this to say

USDT's throne has been challenged over the years by USDC. Eight years after Tether issued its first USDT token, the company can claim to have seen it all from regulators' censures to reaching supply hThe post USDT whales, sharks with increase in buying power have this to say appeared first on AMBCrypto. дальше »

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Many crypto asset activities pose ‘novel risks‘ to banks, says Fed vice chair for supervision

Michael Barr suggested that financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities regarding the use cases of innovative technologies. дальше »

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Regulators Should Use 'Range of Options' in Fintech, Fed's Barr Says

Sometimes just identifying risks is enough to change risky behavior, Fed Vice Chair for Supervision Michael Barr said at DC Fintech Week. дальше »

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Grayscale CEO Calling on Regulators to Act

Grayscale CEO has called for regulatory framework after filing new legal brief in its lawsuit against SEC дальше »

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When #ad Is Not Enough

Kim Kardashian has recently joined the parade of celebrities targeted by financial regulators worldwide for their crypto endorsements. Here, IP attorneys Bryan Sterba and Matthew Savare explain what’s required to stay on the right side of the law when you’re being paid to shill crypto. дальше »

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XRP Flashes Ultra-Bullish Signal As Cardano’s Hoskinson Throws Weight Behind Ripple In SEC Case

Charles, who has taken a keen interest in the Ripple case since 2020, blamed regulators for shirking their responsibilities, describing their behaviour as the “root cause of our industries issue.” дальше »

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Global Crypto Standards Due Next Week Could Test Regulators’ Tech Mantra

Finance ministers from across the world are due to examine crypto regulations next week – but they may shy away from exploring DeFi. дальше »

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EU tightens sanctions against Russia with cross-border crypto ban

EU regulators have announced new cross-border crypto sanctions against Russia, banning crypto wallet accounts… The post EU tightens sanctions against Russia with cross-border crypto ban appeared first on CoinJournal. дальше »

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EU regulators ban cross-border payments from Russian crypto accounts

In a statement on Oct. 6, regulators in the European Union banned all crypto-asset wallets, accounts and custody services from Russia. дальше »

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Ledgible Ranks 5-Stars for Everyone Who Needs Crypto Data Solution

Ledgible offers a 5-Star ranking for institutions, enterprises, and investors in need of a crypto data solution. As crypto is gaining adoption and attention worldwide, there’s increased focus and scrutiny by regulators. дальше »

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Nexo co-founders address recent cease and desist orders from US state regulators

Nexo co-founders Antoni Trenchev and Kalin Metodiev hosted an AMA on October 4 in which they addressed recent cease and desist orders issued by several U.S state regulators. The post Nexo co-founders address recent cease and desist orders from US state regulators appeared first on CryptoSlate. дальше »

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Coinbase expands to Australia with focus on institutions in ‘months to come’

With an expanded Australian offering, Coinbase’s VP of international and business development said the exchange faced “tough questions” from regulators and policymakers about its services. дальше »

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Federal regulators are preparing to pass judgment on Ethereum

The Securities and Exchange Commission is moving to take action against Ethereum that reaches far beyond America’s borders.

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CryptoSlate Wrapped Daily: US regulators want more rules for digital assets; Kim Kardashian fined $1.26M by SEC on EMAX promotion

The biggest news in the cryptosphere for October 3 includes, Binance burning 5. 5 billion LUNC tokens, Tether reducing its commercial paper holdings below $50 million, and Transit Swap hacker returning over 70% of stolen funds. дальше »

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US Treasury recommends lawmakers decide which regulators will oversee crypto spot market

“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose. дальше »

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US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator

The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens. дальше »

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U.S. Regulators Are Coming for Crypto. How Will the Future Look?

The U.S. governments approach to crypto regulation will determine whether the industry evolves to flourish or flounders into obscurity. The U.S. Crypto Regulatory Landscape Crypto regulation is coming to the... дальше »

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California fraud cases highlight the need for a regulatory crackdown on crypto

Recent cases involving crypto fraud serve as a timely reminder to do your own due diligence until regulators take more action. If something sounds too good to be true, it probably is. дальше »

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CFTC takes legal action against Digitex futures exchange and CEO

Many in the space have criticized regulators including the CFTC and SEC for taking a “regulation by enforcement” approach to crypto in the United States. дальше »

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Binance launches New Zealand-based offices following regulatory approval

New Zealand lawmakers and regulators largely have not imposed strict guidelines for crypto firms to operate in the country, nor for Kiwis to use cryptocurrencies freely. дальше »

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Celsius: Multiple state regulators move to stop stablecoin sale, details inside

Court filings made by the states of Texas and Vermont have become the latest developments in the Celsius bankruptcy saga.  State regulators from both states have filed separate motions, objecting The post Celsius: Multiple state regulators move to stop stablecoin sale, details inside appeared first on AMBCrypto. дальше »

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Crypto Firm Hydrogen Tech Faces SEC Charges For Selling Unregistered Securities

The cryptosphere has one of its entities running into some major issues with the regulators. The U. S. Securities and Exchange Commission has been quite busy these days going after companies. This time, it has its whip readied against crypto firm Hydrogen, who it accuses of selling unregistered securities. дальше »

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Texas, Vermont regulators object to Celsius stablecoin sale plan

A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds.

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‘Reject CBDCs In America And Back Bitcoin Instead’ — Group Urges US Regulators

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Breaking Down the SEC and CFTC’s Autumn Wave of Enforcement Actions

Critics claim the regulators’ enforcement-first approach sets dangerous precedents in the absence of clear guidance for projects. дальше »

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KyberSwap CEO Predicts DeFi Will Overtake TradFi in 10 years

At Token2049 today, with over 7,000 industry professionals, institutional investors, and regulators attending, KyberSwap CEO Victor Tran predicted onstage that Decentralized Finance (DeFi) would overtake TradFi in 10 years. дальше »

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Thai SEC Sues Bitkub Crypto Exchange For Alleged Wash Trade

Thailand was the first in Southeast Asia to implement digital-assets regulations in 2018. The move attracted investors to cryptocurrencies. After that, however, the crypto industry started facing setbacks as regulators tightened rules during trading irregularities and the collapse of a top exchange. дальше »

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Nexo ‘surprised’ by state regulators’ actions, says co-founder

Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.” дальше »

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XRP On The Cusp Of Biggest Price Boost In Months As Bitcoin Struggles To hold $19k

Binance could be back in Japan as the exchange is set to apply for an operating license from regulators. Japan’s new Prime Minister, Fumio Kishida, looks to expand the possibilities of Web3 in the economy. дальше »

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The U.S. Has Declared War on Crypto. Here’s How We Fight Back

The U.S. government has taken a series of escalating actions over the last year to regulate the crypto industry, but as comprehensive legislation is still a long way off, regulators... дальше »

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Bank of England Deputy Governor Says Existing Financial Regulations Should Extend to Crypto

Cunliffe listed ways the technology that underlies crypto could make traditional asset trading more efficient, but added it did not mean regulators should ignore the risks. дальше »

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Extend Existing Standards to Crypto Before Sector Threatens Stability, Not After, Urges BOE's Cunliffe

Cunliffe listed ways the technology that underlies crypto could make traditional asset trading more efficient, but added it did not mean regulators should ignore the risks. дальше »

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DFPI to Launch Restrain and Desist Orders Against Crypto Entities for Violation of Security Laws

The Department of Financial Protection and Innovation (DFPI) in California has joined the bandwagon with other state regulators in cracking down on cryptocurrency organizations that violate security laws. дальше »

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Nexo Defends Itself Against Cease and Desist Allegations

Nexo has defended itself against various U.S. regulators by claiming it promises modest interest rates. Nexo Says It Offers Nominal Rates Nexo says that it doesn’t offer high interest rates.... дальше »

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Attorney Highlights Why SEC Grades XRP As A Security

In the ongoing legal case between the SEC and Ripple Labs, the commission declared XRP as a security. However, there seem to be some twists through the unfolding events in the lawsuit. The US Securities and Exchange Commission is one of the notable regulators in the crypto space. дальше »

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Nexo Hit With Cease and Desist Orders From Eight U.S. States

Multiple U.S. state regulators have issued cease and desist orders against the crypto lending platform Nexo. C&D Issued Against Nexo Eight U.S. states are taking legal action against Nexo for... дальше »

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New York, California among US states to bring enforcement actions against Nexo

Regulators across multiple US states have announced enforcement actions against crypto lender Nexo, with… The post New York, California among US states to bring enforcement actions against Nexo appeared first on CoinJournal. дальше »

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California State Kills Main Crypto Bill, Why?

One of the pressures in the crypto market is regulation. Many countries’ regulators are consistent in supporting the control and monitoring of crypto assets. These regulators always create laws to manage the industry and protect investors’ funds. дальше »

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Washington State Joins Celsius Bankruptcy Case as Interested Party

The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto. дальше »

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Russia’s financial regulators agrees on crypto use for international payments

Russia’s deputy finance minister Alexei Moiseev has said that the country’s apex bank and the finance ministry reached an agreement that would allow the use of cryptocurrency for international payments, Russia-based Kommersant reported on September 22. дальше »

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Russia One Step Closer To Using Bitcoin, Crypto In International Trade as Central Bank, Finance Ministry Agree On Draft Bill

The two regulators have agreed on a draft bill saying that using bitcoin and cryptocurrencies is necessary for international trade amid the current climate. дальше »

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Binance sets up global advisory board to drive responsible regulation of crypto

Leading crypto exchange Binance has launched a Global Advisory Board to engage regulators worldwide to foster responsible regulation of the crypto industry. The post Binance sets up global advisory board to drive responsible regulation of crypto appeared first on CryptoSlate. дальше »

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First Mover Asia: Cryptos Yo-Yo After Hawkish Rate Hike; Ether’s Price Is Down, Regulators May Soon Be Circling. What’s Next for Post-Merge Ethereum?

Some Merge observers see long-term environmental benefits and price increases, although others are concerned about centralization and regulatory scrutiny; cryptocurrencies plunge after the Federal Reserve's latest interest rate hike. дальше »

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Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators

Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to be citizens. дальше »

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Crypto Needs ‘Global Regulatory Framework,' IMF Says

The International Monetary Fund (IMF) has called on financial regulators around the world to come together to develop a “global regulatory framework” for crypto assets. дальше »

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A Peculiar Flavor of NFTs Is Thriving in China – One Regulators Can Abide

Unlike most non-fungible tokens, China’s “digital collectibles” are built on closed networks and designed to appease regulators who frown on trading and speculation. дальше »

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Bitpapa enters the Kenyan cryptocurrency market

In the face of the overall negative attitude toward digital assets on the part of financial regulators, P2P marketplaces became the platforms of choice across the entirety of Africa. As the world leadThe post Bitpapa enters the Kenyan cryptocurrency market appeared first on AMBCrypto. дальше »

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