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UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
16.9.2024
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
16.9.2024
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks...
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
16.9.2024
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where...
New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets
15.9.2024
A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...
Circle predicts stablecoins will become mainstream global payment method
15.9.2024
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space
Circle predicts stablecoins will become mainstream global payment method
15.9.2024
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space
China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision
14.9.2024
China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money laundering law draft revision, which will establish additional requirements...
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
14.9.2024
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses
SEC crypto ‘overreach’ cost small investors $15B: John Deaton
14.9.2024
According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses
Meta to resume AI training in UK after regulatory pause
14.9.2024
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook
Meta to resume AI training in UK after regulatory pause
14.9.2024
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook
Does Hong Kong’s slow approach to crypto regulation risk stifling digital asset growth?
14.9.2024
Hong Kong risks falling behind in crypto as the city is urged to speed up regulation to keep pace with the rapidly evolving industry
Hong Kong should try to speed up crypto regulation: First Digital CEO
14.9.2024
First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins
5 US States Settle With GSB Group Over Unregistered Crypto Sales
14.9.2024
Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Josip Heit agreed to cease selling unregistered securities without admitting...
CFTC Teams up With SEC to Fight Cryptocurrency Scams
14.9.2024
The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships. These partnerships aim to help consumers...
Here’s what happened in crypto today
13.9.2024
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation
Sam Bankman-Fried files appeal for felony conviction
13.9.2024
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial, was convicted of seven felony counts, and was sentenced to 25 years in prison
Sam Bankman-Fried files appeal for felony conviction
13.9.2024
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison
SEC ‘regrets any confusion’ from dubbing tokens as securities: filing
13.9.2024
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations
FOIA request reveals emails and voicemails threatening Gary Gensler
13.9.2024
Though there was seemingly no evidence connecting them to his crypto policies, Gary Gensler has been subject to violent threats from individuals since at least 2022