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Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil
17.7.2023
The standard-setter called for crypto companies to adapt now, after allegations of misuse of client funds at FTX
US Judge Rules XRP ‘Not Necessarily a Security on Its Face,’ Sending XRP Supporters Into Celebration
13.7.2023
According to a recent ruling handed down by U.S. judge Analisa Torres, the crypto asset XRP is not “necessarily a security on its face.” In the ruling, both parties, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs’ motions for summary judgment were granted...
Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts
13.7.2023
XRP climbed as high as 64 cents at one point, its highest level since May
Sale of XRP on Exchanges Not Investment Contracts, Court Rules in SEC Case Against Ripple
13.7.2023
The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday
Breaking: Ripple wins case against SEC as judge rules XRP is not a security
13.7.2023
CEO Brad Garlinghouse recently opined that the case would end soon, but the fight for crypto wasn't over yet
Silk Road Advisor Sentenced to 20 Years in Prison While a Rogue Double-Agent Eludes Capture
12.7.2023
On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk Road, an infamous darknet marketplace that operated...
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
12.7.2023
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said
EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law
12.7.2023
Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law
The EU’s Leaked Metaverse Strategy Proposes Global Regulatory Governance Rules
6.7.2023
The race to build the perfect virtual ecosystem, popularly termed the metaverse is taking shape with huge technology-driven companies at the fore.
However, regulators within the European Union (EU) have warned of a possible monopoly at the detriment of smaller companies that can lead to...
CFTC Finds Celsius Network and Its Ex-CEO Guilty of Breaking Rules
6.7.2023
Commodity Futures Trading Commission (CFTC) investigators have ruled that crypto lender Celsius Network and its former CEO Alex Mashinsky violated US rules before the company collapsed.
The findings suggest that Celsius misled investors and failed to register with the CFTC, Bloomberg reported...
Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg
6.7.2023
CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings
Circle Considers Issuing Stablecoin in Japan Under New Rules
6.7.2023
The issuer of the USD coin is considering introducing a stablecoin in Japan, under the country's new regulatory framework
Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
6.7.2023
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court
New Official Pokémon Forums Are A Disaster You Can’t Look Away From
5.7.2023
The Pokémon Company has launched official forums on its website. While it seems only natural to have an official place for your community to gather, I am praying for the moderation team’s good health because they have their work cut out for them.Read more
U.K. Blazes Trail With New Cryptocurrency Rules
5.7.2023
The FCA’s regulations provide greater legal clarity for developers but place additional compliance burdens on companies marketing cryptocurrencies, says Preston Byrne, a partner at Brown Rudnick
Mark Cuban Says SEC Makes Mistakes in Crypto Regulation, Calls Regulator ‘Arrogant’
5.7.2023
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has slammed the U.S. Securities and Exchange Commission (SEC) for taking a wrong approach to regulating the crypto industry. “The SEC is not infallible. It makes mistakes,” the billionaire stressed, adding that if the SEC...
Singapore Implements New Crypto Regulations Targeting Custody, Lending, Staking
4.7.2023
Singapore has implemented new regulations for crypto service providers in a bid to enhance investor protection and maintain market integrity within the cryptocurrency industry. The Monetary Authority of Singapore (MAS) will also restrict lending and staking activities facilitated by crypto service...
European Banks to Disclose Exposure to Crypto Assets
29.6.2023
Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
29.6.2023
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
29.6.2023
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue...