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Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker
5.10.2022
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected...
Anchorage co-founder sees 'tons of opportunity' as it expands into Asia
5.10.2022
Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’
5.10.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
5.10.2022
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial...
DataVault requests US election agency's advice to send NFTs as a campaign fundraising incentive
4.10.2022
The firm planned to market NFTs “in a manner akin to a campaign hat or souvenirs,” intending to have political committees offer them to high-volume low-dollar donors
CFTC can issue summons through Ooki DAO's help chat box, says judge
4.10.2022
A federal judge said the court’s decision was based on the CFTC effectively serving the Ooki DAO by providing the necessary documents in its Sept. 22 lawsuit
European Parliament members vote in favor of crypto and blockchain tax policies
4.10.2022
The resolution recommended authorities in the parliament's 27 member states consider a “simplified tax treatment” for crypto users involved in occasional or small transactions
Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network's P2P Market to Enable Toncoin Trade on Telegram + More News
4.10.2022
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: Mastercard to Launch Crypto Secure, EU Parliament Voted to Use Blockchain in Taxation, Open Network's P2P Market to Enable...
Biden Administration Urges Speed Up of Crypto Regulation as Recession Fears Rise
4.10.2022
US President Joe Biden’s administration urged Congress to pass laws that will clarify how cryptoassets should be regulated, amid increasing fears of a global recession.
The group of financial regulators comprising the US Financial Stability Oversight Council issued a report on Monday, calling...
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
3.10.2022
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose
Japanese prime minister says gov't investment in digital transformation will include Metaverse, NFTs
3.10.2022
According to Fumio Kishida, the government of Japan's investment in digital transformation included issuing NFTs to local authorities using digital solutions
SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax
3.10.2022
On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans...
Binance signs MoU with Kazakhstan to fight financial crime
3.10.2022
Binance claimed that its compliance infrastructure is among the best in the world which has helped them gain regulatory approval even in countries where they were deemed illegal until last year
US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation
3.10.2022
U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said, citing concerns about the national debt and inflation. U.S. Senator:...
CFTC Chairman on US Crypto Regulation: We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity
3.10.2022
The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC are working together...
UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’
2.10.2022
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they...
The Post-Terra Era: Incentivising Innovation and Longevity Through Regulation
2.10.2022
Vincent Chok is the CEO of First Digital Trust, a Hong Kong-based technology-driven financial institution powering the digital asset industry and servicing financial technology innovators including blockchain clients, payments companies, and virtual banks.__________...
Read More: The Post-Terra...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...
India Freezes More Crypto Including Bitcoin and Tether as Investigation Involving Binance and Wazirx Deepens
2.10.2022
India’s Directorate of Enforcement (ED) says it has frozen more cryptocurrencies, including bitcoin, tether, and the Wazirx token. The action is part of its investigation of the mobile gaming app E-nuggets. In its latest announcement, the ED revealed that nearly 86 bitcoins found at crypto...
US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency
2.10.2022
A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall...