Tag: regulations
News related to cryptocurrency regulations in different countries.
New York State Attorney’s Office Bans 2 Crypto-Lending Platforms
Reading Time: < 1 minuteNew York State Attorney General Laetitia James has ordered two crypto lending platforms to cease operations in the state.
Estonian Regulator Denies it Plans to Revoke All Licenses From Crypto Companies
Reading Time: < 1 minuteThe Estonian Money Laundering Data Bureau (RAB) has said it is not exploring the possibility of automatically canceling licenses previously issued to crypto-related companies.
Coinbase Proposes Creation of New Cryptocurrency Oversight Body
Reading Time: < 1 minuteBrian Armstrong, CEO of US-based crypto exchange Coinbase, has suggested that the US authorities create an agency with powers in the field of digital assets at the federal level.
The IMF Points to Risks Posed by Cryptocurrencies
Reading Time: < 1 minuteThe management of the International Monetary Fund regularly points out the risks posed by the cryptocurrency industry.
SEC Speaks Out Against Creation of “Safe Haven” for ICOs
Reading Time: < 1 minuteSEC Commissioner Caroline Crenshaw has opposed calls for a “safe haven” that would protect initial coin offerings (ICOs) projects from being held accountable to the regulator.
US FDIC May Extend $250,000 Insurance Coverage to Stablecoin Deposits
Reading Time: < 1 minuteCertain stablecoins may be listed on the FDIC’s $250,000 end-to-end coverage.
Gary Gensler: The SEC Has No Plans to Ban Cryptocurrencies
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has no plans to ban cryptocurrencies, as stated the head of the regulator Gary Gensler.
Huobi Decides to Shut Down Business in China Due to Authorities Pressure
Reading Time: < 1 minuteCryptocurrency exchange Huobi has decided to leave China after Beijing tightened the regulation of the cryptocurrency industry.
SEC Initiates Investigation Against Circle
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has initiated an investigation into Circle.
SEC Requires Ripple Video & Audio-taped Recordings of Lawsuit Discussions
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) is requesting audio and video recordings from Ripple of meetings at which the current lawsuit has been discussed.
Australian Cryptocurrency Exchange Independent Reserve Receives A License In Singapore
Reading Time: < 1 minuteAustralia-based crypto exchange Independent Reserve has been licensed by the Monetary Authority of Singapore (MAS) to operate as a VASP.
Elon Musk Asks US Authorities to Not Regulate Cryptocurrencies
Reading Time: < 1 minuteThe US government should not regulate the cryptocurrency market, Tesla CEO Elon Musk has said to CNBC.
US Senators Ask Treasury to Monitor Impact of Crypto Mining on the Semiconductor Supply Chain
Reading Time: < 1 minuteThe US Treasury Department should study and report to Congress on the activity and impact of crypto miners from other countries on the global economy.
US Congress Announces Date of Voting on Infrastructure Plan
Reading Time: < 1 minuteA speaker of the US House of Representatives has set the final vote on the infrastructure bill for Thursday, September 30.
Coinbase Will Offer US Legislators Draft to Regulate Crypto Industry
Reading Time: < 1 minuteUS cryptocurrency exchange Coinbase is working on a draft federal regulatory framework for consideration by US legislators.
The SEC Chief Believes Securities Law Will Help Regulate the Cryptosphere
Reading Time: < 1 minuteThe chairman of the Securities and Exchange Commission (SEC) has previously highlighted the need to regulate the crypto industry.
37% of Texans Support Bitcoin Legalization in El Salvador
Reading Time: < 1 minuteThe legalization of Bitcoin in El Salvador as legal tender has set a dangerous precedent, according to the World Bank.
The Turkish Authorities Will Continue Their Fight Against Cryptocurrencies
Reading Time: < 1 minuteA ban on all transactions with Bitcoin and other digital currencies came into force in Turkey in April this year.
Cuba’s Crypto Regulations Are Now in Force
Reading Time: < 1 minuteThe resolution 215 of 2021 issued by the Banco Central de Cuba (BCC), the law recognizing cryptocurrencies in the country, is now in force.
Media Uncovers Reason for SEC’s Different Approach to Ethereum and XRP
Reading Time: < 1 minuteThe SEC does not consider Ethereum a security because it has a fully built blockchain infrastructure that has been operating for years.
Gary Gensler Will Start a “Crusade” Against Crypto Exchanges
Reading Time: < 1 minuteCrypto exchanges have listed unregistered securities and the regulator plans to fight this.
Three Media Companies to Pay $539M to Settle SEC Lawsuit
Reading Time: < 1 minuteThe SEC has accused GTV Media Group, Saraca Media and Voice of Guo Media of an unregistered offering of shares and digital assets.
Democrats in the US Congress Want to Eliminate Tax Loopholes in Reporting Crypto Transactions
Reading Time: < 1 minuteThe idea behind this operation is to avoid the understatement of the capital gains tax.
Law on Virtual Assets is Passed in Ukraine
Reading Time: < 1 minuteThe Verkhovna Rada of Ukraine has adopted today the draft law “On virtual assets,” which regules operations with cryptos in the country, with the support if 276 deputies.
SEC Threatens Coinbase with Lawsuit Against Exchange’s Lending Service
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has threatened Bitcoin exchange Coinbase with a lawsuit for launching crypto-savings accounts based on USD Coin (USDC).
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