Tag: Regulation

The Bank for International Settlements (BIS) has announced a new rule that will permit banks to store BTC equivalent to 2% of their reserves

Karl Sebastian Greenwood, one of the founders of the fraudulent cryptocurrency project OneCoin finally pleaded guilty to US authorities

The government of Japan is ready to reduce the 30% tax imposed on cryptocurrency exchanges and providers in the region

Australia has also made plans to create a regulatory framework that will oversee the activities of crypto assets service providers in 2023

US Senator Tom Emmer has asked SEC Chairman Gary Gensler to give an answer for his flawed “crypto information-gathering efforts.”

According to German regulator BaFin, Rtcoin a Cayman Island-based cryptocurrency exchange is not licensed in the region

United States Senator John Boozman has shed his insight on Bitcoin noting that the asset is a commodity and best regulated by the CFTC

The United States House Financial Services Committee has now fixed a date for FTX hearing scheduled to hold on Dec 13

Australian Securities and Investments Commission through its financial markets regulator has suspended FTX Australia’s license

Adrienne A. Harris, head of NYDFS wants Congress to consider state rules on crypto when designing a national model for the crypto industry

The EU may place a ban on regulated financial institutions from dealing with cryptocurrencies that promote users’ privacy coins

Ripple Labs Inc has published a regulatory white paper for policymakers in the UK regarding the crypto industry

Chief Executive Officer of FTX, Sam Bankman-Fried has asked the crypto Twitter to take over the discussions on policies in the space

Markets in Crypto Assets (MiCA) has scaled a hurdle and is one step away from being law as the European Union lawmakers sign off on the bill

The Russian Ministry of Economic Development and other state departments are planning to agree to the legalization of Bitcoin (BTC) mining. The announcement to follow through with this decision was made at a crypto summit that was held in Moscow. Although this consideration is only for locations where there is an abundant amount of electricity. […]

The United States Security and Exchange Commission (SEC) has issued a cessation order against cryptocurrency firm Sparkster and, the firm’s CEO Sajjad Daya, for the unregistered offering and sale of securities linked to crypto assets from April 2018 through July 2018.  According to the SEC’s ruling, Sparkster and Daya raised $30 million from 4,000 investors […]

Australia liberal Senator, Andrew Bragg has announced a proposed bill to crack down on crypto exchanges, stablecoins, and digital yuan.  Senator Bragg disclosed that “Australia must keep pace with the global race for regulation on digital assets” because “the parliament must drive law reform” regarding the situation. The proposed bill drafted by the liberal politician, […]

The UK leading financial regulator, the Financial Conduct Authority (FCA), has issued a cautionary note on the illegal operation of the cryptocurrency exchange FTX in the country. The British Regulator, issued a cautionary note on September 17th, stating that the centralized crypto exchange has violated the precursors for them to operate, as they do not […]