Tag: regulations
News related to cryptocurrency regulations in different countries.
Coin Center Sends Comments to US Senate on Crypto Taxation
Reading Time: < 1 minuteIn response to a request from the US Senate Finance Committee, Coin Center provided proposals for the taxation of digital assets.
New Zealand Not in the Hurry to Legalize Cryptocurrencies
Reading Time: < 1 minuteThe New Zealand House of Representatives backed an expert-prepared report which called on the country’s government to exercise caution when considering cryptocurrency regulations.
Singapore Publishes Regulatory Framework for Stablecoins
Reading Time: < 1 minuteThe Monetary Authority of Singapore has recently finalized new regulations for stablecoins. The framework’s goal is to ensure stable value for regulated stablecoins in Singapore.
Binance Gets License to Operate as a Crypto Exchange in Dubai
Reading Time: < 1 minuteBinance FZE, a subsidiary of Binance, has been granted a basic operating license by Dubai’s local regulator VARA.
UK’s Watchdog Will Check Worldcoin’s Activity
Reading Time: < 1 minuteThe UK Information Commissioner’s Office (ICO) is investigating the user verification process of Sam Altman’s Worldcoin project.
Europe Warns Against Exclusion of DeFi Sector from MiCA Regulation
Reading Time: < 1 minuteAFME has called on regulators to keep DeFi services within the MiCA regulatory framework in order to protect market integrity, financial stability, and end users while promoting financial and technological innovation.
Vitalik Buterin Gives Support to Projects Targeted by the SEC
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Vitalik Buterin, the co-founder of Ethereum, has expressed his regret for the projects that have been affected by the recent lawsuits of the SEC in the United States.
WSJ: SEC Will Reject BlackRock’s and Fidelity’s ETF Application
Reading Time: < 1 minuteThe SEC has informed Nasdaq and CBOE exchanges that applications from BlackRock, Fidelity, and other companies for spot Bitcoin ETFs were deemed to be “not clear and comprehensive” due to the lack of information regarding the joint monitoring agreement or its details.
The IMF Believes It Might Not Be Necessary to Ban Cryptocurrencies
Reading Time: < 1 minuteIMF analysts suggested countries to take measures to eliminate the driving factors of demand for cryptocurrencies, as well as to fill up the gap in digital payment services.
Mark Cuban: The SEC Could Recognize Any Token as a Security
Reading Time: < 1 minuteMark Cuban, an American financier and TV presenter, has spoken out against the Securities and Exchange Commission (SEC) for their lack of a system classifying digital currencies.
Coinbase CEO Brian Armstrong Believes the US Authorities Will Legalize Crypto Market
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At the end of May, Coinbase’s CEO Brian Armstrong penned an article in which he denounced the US government’s sluggishness in legalizing the cryptocurrency market.
CFTC Wants Additional Powers to Oversee Crypto Industry
Reading Time: < 1 minuteRostin Benam, the head of the CFTC, has called for the department to receive the authority to impose anti-fraud regulations on the cryptocurrency market during his speech in front of […]
Securities and Exchange Commission Sues Coinbase
Reading Time: < 1 minuteThe Securities and Exchange Commission brought a lawsuit against Coinbase on Tuesday morning.
SEC Sues Crypto Exchange Binance
Reading Time: < 1 minuteThe US Securities and Exchange Commission instituted a lawsuit against the world’s largest crypto exchange, Binance, and its founder Changpeng Zhao.
EU: Companies Must Disclose Regulatory Status of Cryptocurrencies
Reading Time: < 1 minuteThe ESMA has recently reminded investment firms to lay out the regulatory status of their products, specifically emphasizing digital assets, amid the pending adoption of applicable laws.
Ripple CEO: Companies Will Leave US Due to Strict Crypto Regulation
Reading Time: < 1 minuteBrad Garlinghouse, the CEO of Ripple, has repeated his stance that American regulatory policies might drive crypto firms to relocate to other jurisdictions.
US Crypto Companies Are Moving to Bermuda Due to US Regulatory Environment
Reading Time: < 1 minuteThe increasingly stringent regulatory environment in the United States has prompted crypto companies to seek out jurisdictions with friendlier digital asset frameworks.
US State of Montana Introduces Bill to Protect Bitcoin Miners from Discriminatory Rates
Reading Time: < 1 minuteMontana Governor Greg Gianforte has signed Senate Bill 178, prohibiting government interference in the activities of mining companies.
Circle CEO Attributes Decreasing USDC Market Cap to US Crackdown on Crypto
Reading Time: < 1 minuteJeremy Allaire, CEO of Circle, has stated that the recent regulatory crackdown by the United States has had an effect on the market capitalization of its stablecoin, USD Coin.
France to Accelerate Crypto Startups Registration
Reading Time: < 1 minuteThe French Financial Market Supervisory Commission (AMF) is exploring the possibility of expediting the registration of crypto firms.
UAE Regulator Starts Granting Licenses to Crypto Service Providers
Reading Time: < 1 minuteAll Crypto Service Providers (VASPs) operating within the UAE must apply and register with the SCA
Coinbase CEO: SEC’s Policy is Disastrous for US Financial Sector
Reading Time: < 1 minuteThe SEC’s regulatory policy on digital assets could negatively affect the financial position of the United States.
SEC Sends Wells Notice to Coinbase
Reading Time: < 1 minuteCoinbase General Counsel has announced in a blog post that the notification they received from the SEC does not constitute a formal accusation or initiation of a lawsuit.
India Implements AML Laws to Cryptocurrencies
Reading Time: < 1 minuteThe Indian Ministry of Finance has extended anti-money laundering legislation to the digital currency market. This will help promote the transparency of crypto transactions and reduce the risk of criminal […]
Circle’s CEO Says SEC Should Not Regulate Stablecoins
Reading Time: < 1 minuteCircle CEO Jeremy Allaire has urged the SEC not to regulate stablecoins as securities.
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