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Nalezeno "U.S. regulators": 1313

Coinbase Faces a Crucial Week: Potential 30% Revenue Drop Looms – Here’s Why

16.1.2024
Crypto exchange Coinbase risks losing one-third of its total revenue due to ongoing legal pressure from federal regulators, according to several analysts familiar with the matter. In comments shared with Finance Feeds, Mizuho Securities analyst Dan Dolev explained that a poor court ruling shortly...

South Korea Seeks Regulation Against Crypto Mixers Citing Illegal Use Cases

15.1.2024
Source: AdobeStock South Korean regulators seek to introduce new laws that would sanction the use of cryptocurrency mixers in the country to curb the rate of illicit financial activities. According to local news outlets, the Financial Intelligence Unit is considering rolling out new regulations...

‘No South Korea Bitcoin ETF Approval Before Elections,’ Say Experts

15.1.2024
Source: Wit/Adobe South Korean regulators will not give the green light to a domestic Bitcoin spot ETF before the nation’s next general elections, insiders claim. Per Sobija Mandueneun Shinmun, anonymous financial investment industry officials believe that any new crypto regulation will...

EBA Discusses Proposed Guidelines for Stablecoin Issuers

11.1.2024
Source: AdobeStock / rarrarorro European banking regulators have urged stablecoin issuers and other stakeholders to dialogue with regulators ahead of proposed stablecoin rules under the Markets in Crypto Assets (MICA) regulation. EBA Calls for Synergy Between Stakeholders and Regulators...

USDC Stablecoin Issuer Circle Confidentially Files For IPO

11.1.2024
Source: AdobeStock Circle Internet Financial – the issuer of the world’s second-largest stablecoin, USD Coin (USDC) – has quietly filed for an initial public offering (IPO) with federal regulators. Their IPO registration follows a series of historic approvals by the Securities and Exchange...

Fake Bitcoin ETF Approval Tweet Gives Sneak Peek, ETH Price May Spike Before Ethereum ETF Approval

10.1.2024
Yesterday’s fake SEC tweet highlighted the potential impact of future Bitcoin ETF approvals on Ethereum’s price trajectory. Image by akif, Adobe Stock. On Tuesday evening, the official X account of the U.S. Securities and Exchange Commission (SEC) was hacked and posted an unauthorized...

Hong Kong Regulators Unveil Public Consultation Paper on Stablecoin Regulation

28.12.2023
Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have released a public consultation paper to gather residents’ opinions on the proposed regulatory regime for stablecoin issuers. The HKMA also announced the introduction of a sandbox arrangement whose purpose will...

Securities Regulators’ Association Calls for the Identification of Individuals Who Exercise Control Over Defi Platforms

27.12.2023
The International Organization of Securities Commissions (IOSCO) has urged regulators seeking to understand decentralized finance (defi) arrangements to identify individuals who “exercise control or sufficient influence at the enterprise level.” The identification of such individuals...

Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers

27.12.2023
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox to provide guidance on compliance

Swapping Crypto Fast Made Easy With Exolix

24.12.2023
The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto without completing a form of identity verification process can be challenging, especially with...

Coinbase Expands European Footprint With Approval to Operate in France

23.12.2023
Crypto exchange Coinbase has received approval as a registered virtual asset service provider in France. “This registration allows Coinbase to operate in France, continuing our plans to grow across Europe,” the crypto platform detailed. “France is an important market for Coinbase … We...

Spot Crypto ETF Applications Will Be Considered, Hong Kong Regulators Say

22.12.2023
The statement from the SFC and HKMA comes as expectations mount the U.S. SEC is on the verge of approving a spot bitcoin ETF

IOSCO Publishes Policy Recommendations for Decentralized Finance (DeFi)

20.12.2023
Source: Adobe / BeNeDak The International Organization of Securities Commissions (IOSCO), which sets standards for securities market regulation globally, has issued policy recommendations for the supervision of decentralized finance (DeFi). On December 19, IOSCO unveiled nine policy recommendations...

UK Treasury Unveils Regulatory Framework for Digital Securities Sandbox

19.12.2023
Source: Pixabay The UK Treasury has revealed its regulatory framework for a Digital Securities Sandbox under the Financial Services and Markets Act. In a memo published on Monday, the UK Treasury explained that the purpose of these regulations is to establish a regulated setting, enabling both...

Report: Worldcoin Set to Resume Kenyan Operations in Early 2024

18.12.2023
Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities which allows it to resume operations in the African country. Worldcoin representatives are said to be “working directly with regulators to meet Kenya’s requirements.” Worldcoin...

Bitcoin ‘Cash Creates’ Model ETFs are a “Done Deal” Says Expert – Here’s What You Need to Know

15.12.2023
Source: Adobe Stock Bitcoin spot ETF applicants will almost certainly be forced by regulators to adopt an “in-cash” redemption model for their fund’s shares, according to Bloomberg ETF analyst Eric Balchunas. When asked how negotiations between the Securities and Exchange Commission (SEC)...

Financial Regulators Urge Congress to Pass Crypto Legislation in New Report

15.12.2023
The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday. Crypto vulnerabilities addressed FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation...