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Nalezeno "UK regulation": 11300

Double Standards in Finance: SBF’s Legal Troubles Spark Concerns

29.7.2023
Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer...

US State of Minnesota Okays Crypto Donations to Political Campaign Committees

29.7.2023
Minnesota has become one of the few U.S. states to permit crypto donations to political campaign committees. However, according to the state’s new rules, crypto donations must be converted to U.S. dollars within five days. In the event of price changes within the five-day grace period, these...

US Lawmakers Advance ‘FIT for the 21st Century Act’ to Establish Crypto Framework

29.7.2023
U.S. lawmakers have advanced the Financial Innovation and Technology (FIT) for the 21st Century Act that establishes a regulatory framework for the crypto market. “Our bill establishes clear principles to ensure financial security and certainty as digital asset developers continue to innovate,”...

German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

28.7.2023
BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime

South Korea's Financial Intelligence Unit Presses Crypto Platforms to Improve Compliance Measures

28.7.2023
The Korea Financial Intelligence Unit (KoFIU) in a meeting on Thursday told the Korean crypto industry to double down on their efforts to prevent illegal activities. At the meeting, KoFIU Commissioner Rhee Yunsu said that a “strategic analysis team” focused on crypto has been set up, and that...

Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel

28.7.2023
The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency...

Sam Bankman-Fried's legal team turns over docs related to NYT story, requests they be sealed

28.7.2023
Lawyers claimed there was a "need to avoid" the public dissemination of documents Sam Bankman-Fried had shown a New York Times reporter which led to a story on Caroline Ellison

Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes Crypto Mixers in its Approved National Defense Bill, The British Museum Partners with The Sandbox

28.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes...

US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’

28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...

Canadian Regulator Proposes Changes to Its ‘Capital and Liquidity Approach to Crypto-Assets’

28.7.2023
The regulator of financial institutions in Canada said on July 26 that it had started the process of gathering the public’s view on proposals to change its “capital and liquidity approach to crypto-assets.” The draft guidelines are a response to the Basel Committee on Banking...

Israeli Government Forms Special Team and Seeks Public Input on DAO Regulation

28.7.2023
The Israeli government has established a special examination team tasked with regulating decentralized governance organizations (DAOs). In an official announcement, the country revealed that the team, led by the Chief Economist at the Ministry of Finance and the Head of the Corporations...

Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations

27.7.2023
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers

Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

27.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches...

Israel Consults Public on DAO Regulation, Sets Up Special Examination Team

27.7.2023
The team will examine required corporate status, taxation other aspects of DAOs to "create legal certainty" and reduce risks, the government has said

Crypto-friendly BlackRock starts ‘digital-first’ investment offering in India

27.7.2023
As BlackRock reiterates that an optimal investment allocation should include 84.9% BTC, the firm has formed a major investment partnership in India

Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers

27.7.2023
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...