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Solana faces 'lack of appetite' from US regulators, says Austin Federa
3.3.2023
The Solana Foundation's head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions
Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
3.3.2023
Silvergate Bank is being hollowed out as its customers retreat following the disclosure that it has to reassess its financials and may not be a "going concern" within a year. The prominent California-based crypto bank's future gets increasingly murky
Regulators Are Bringing the Multichain Era to a Close
2.3.2023
The high cost of understanding multiple chain environments means enterprises are likely to stick to what they know, argues Paul Brody, head of blockchain at EY
Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
27.2.2023
Illinois is trying to follow in New York’s crypto footsteps with a new oversight regime, according to David DeCarlo, Illinois’ first regulatory innovation officer, who is among the prominent advocates for the plan now being shepherded through the state legislature
$1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds: Texas Regulators
27.2.2023
The filing opposing the Binance US deal casts doubt on the firm's relationship with Binance.com and alleges its staking service is illegal
Tornado Cash Developer is in Jail But There Are Hints of a Comeback for the Crypto Mixer Regulators Hate
27.2.2023
Tornado Cash developer Alexsey Pertsev remains in jail after facing money laundering charges for creating the mixing service, but a recent tweet by Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, suggests the crypto mixing service could soon have its comeback despite the legal woes...
US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks
25.2.2023
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that banks “are neither prohibited nor discouraged from providing banking services to customers of any specific class or type,...
Crypto Policy: Kenyan Senate Ready to Engage Central Bank
24.2.2023
The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards crypto assets and virtual asset service providers. According to the committee, such...
Bitcoin retirement plans elicit caution from regulators
24.2.2023
Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now
Aussie regulators review Binance Australia Derivatives over account closures
24.2.2023
A day after Binance Australia Derivatives sent notifications of account closures to users it wrongly classified, regulators in Australia said they’re looking into the company
US Banking Regulators Warn Banks About Crypto Liquidity Risks
23.2.2023
The Federal Reserve and other U.S. banking agencies are warning banks that crypto poses significant liquidity dangers, according to a joint statement issued Thursday, further reinforcing their campaign to generally steer lenders away from digital assets
Crypto Regulatory Initiatives Show SEC’s Dominance Among US Regulators: JPMorgan
23.2.2023
JPMorgan foresees more regulatory actions on stablecoin issuers, custody and protection of investors’ digital assets and on the unbundling of crypto services, the report said
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign
23.2.2023
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. Indian Finance...
Rep. Maxine Waters says all US regulators 'better get together on crypto'
22.2.2023
According to Representative Maxine Waters, the crypto market crash and bankruptcies gave U.S. lawmakers an opportunity of “getting accountability” in the space through legislation
Canadian Crypto Trading Platforms Face 'Enhanced' Rules Under New Regulations
22.2.2023
The Canadian Securities Administrators published new guidance for the local crypto industry Wednesday, warning exchanges and other platforms they would have to abide by "enhanced investor protection commitments."
Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda
22.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys operate with huge competitive advantages. They suck up users, revenue, and venture capital that would...
Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’
22.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying...
Caitlin Long Sees 'Coordinated Effort' Among Regulators for Custodia Rejection
21.2.2023
Custodia Bank’s CEO says crypto will find its way into the traditional banking system and regulators could be playing ‘whack-a-mole’ years down the road
'Regulators let the bad guys get big' — Kraken CEO speaks out after SEC settlement
20.2.2023
According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy "the good guys"
Zambia Testing Technology to Regulate Cryptocurrency — Government Minister
19.2.2023
The Bank of Zambia and the country’s securities regulators are currently testing the technology to regulate cryptocurrencies, a Zambian government minister has said. According to Felix Mutati, cryptocurrency is a revolutionary technology that embodies a future his country desires to achieve....