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GameFi developers may be facing big fines and hard time if they don't speak up
25.8.2022
Enjoy cryptocurrency gaming while it lasts, because lawmakers in the United States are poised to crack down by mid-2023
Australia's markets regulator to prioritize shielding citizens from crypto harm
24.8.2022
Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance
‘7 South Korean Securities Firms Will Launch Crypto Exchanges in 2023’ – Report
23.8.2022
A slew of major South Korean securities companies – many of which may be affiliated with major commercial banks and business groups – could be set to launch crypto exchange platforms as early as next year.
Per Newspim, “seven large domestic securities companies” have already applied to financial...
Two-thirds of Surveyed South Koreans Say Cryptoassets Aren’t Securities
22.8.2022
Over six in 10 South Koreans do not think cryptoassets are securities, a new opinion poll has found – although lawmakers may instead prefer to follow Washington’s lead in determining which coins to class as securities.
The survey was conducted by Cratos, the operator of a blockchain...
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
22.8.2022
“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers
Aussie asset manager to offer crypto ETF using unique license variation
18.8.2022
The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail investors
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
17.8.2022
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted...
South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
16.8.2022
The securities arm of South Korea’s second-largest business group will take the crypto plunge – and will team up with a domestic commercial bank as part of its efforts....
Read More: South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
Australian Securities Exchange takes step towards tokenized asset trading
16.8.2022
“There's a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall
Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform
15.8.2022
Hyundai Motor Group’s securities arm has extended its partnership with the South Korean crypto exchange Bithumb – and will allow its app users to access real-time crypto markets data.
In an official announcement, Hyundai Motor Securities, one of South Korea’s biggest securities providers...
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations
14.8.2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by...
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
12.8.2022
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail...
Brian Armstrong Says the More Crypto Regulation, the Better for Coinbase — CEO Discusses Alleged SEC Investigation
11.8.2022
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We do not yet know if this inquiry will become a formal investigation.”...
California regulator orders Celsius to stop selling securities in the state
10.8.2022
The Department of Financial Protection and Innovation previously ordered BlockFi and Voyager to stop their offerings in the state
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets
10.8.2022
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are...
Europe’s Securities Regulator ESMA Seeks to Obtain Crypto Transaction Data
3.8.2022
The European Securities and Markets Authority (ESMA) is gearing up to implement stricter oversight in regards to crypto-related transactions. The agency is now looking to hire suppliers of trading data, as monitoring major participants in the market falls under its responsibilities. ESMA Launches...
Binance US Delists Crypto Token ‘out of an Abundance of Caution’ After SEC Says It’s a Security
3.8.2022
Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security. Binance Delists AMP ‘out of an Abundance...
SEC charges 11 individuals over $300M crypto ‘pyramid scheme’
2.8.2022
SEC has filed a lawsuit in the U.S. District Court against the founders and promoters of Forsage who allegedly fueled a $300 million “textbook pyramid and Ponzi scheme”
SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme
2.8.2022
The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised more than $300 million from millions of retail investors worldwide, including...
Philosophically, It Doesn’t Matter Whether Cryptos Are Securities; Practically, It Does
31.7.2022
When a main U.S. regulatory body defers to Crypto Twitter for leads on securities law violations, you know these categories are subjective