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Amazon and 4 Others to Work on Digital Euro Prototype, White House's 'Comprehensive Crypto Framework', Hong Kong's Scam Warning + More News
16.9.2022
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: Amazon and 4 Others to Work on Digital Euro Prototype, White House's 'Comprehensive Crypto Framework', Hong Kong's Scam...
White House publishes ‘first-ever’ comprehensive framework for crypto
16.9.2022
The fact sheet sums up the efforts of nine federal agencies’ research over the past six months
SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
16.9.2022
The guidance suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks
SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report
15.9.2022
Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
15.9.2022
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued...
Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
15.9.2022
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: Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
Thai SEC intends to ban crypto lending in the country
15.9.2022
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes
SEC Chair Gary Gensler Has a 'Flexible' Way for Tokens to Register - Is this Good News for Crypto?
15.9.2022
Gary Gensler, Chair of the Securities and Exchange Commission (SEC), is intensifying the regulator’s work on extending regulation over the crypto industry. In his latest testimony at the U.S. Senate, the official declared he has a 'flexible' way for tokens to register with the agency, but...
Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service
15.9.2022
Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services, according to a release on Thursday
SEC Sues 'Chicago Crypto Capital,' Employees for Illegally Selling BXY Tokens
14.9.2022
Chicago Crypto Capital (CCC), its owner, and two salesmen are being prosecuted for their illegal sale of BXY tokens to investors from August 2018 to September 2019
Bitgo Files Lawsuit Against Novogratz’s Galaxy Digital for $100M Over ‘Intentional Breach’ of a Merger Agreement
14.9.2022
According to statements made by the digital asset custody business and financial services provider Bitgo, the firm has filed a lawsuit against the crypto company Galaxy Digital and is seeking damages for more than $100 million. Bitgo says Galaxy’s “improper repudiation and intentional...
SEC chair Gensler holds tight to his crypto position in preview of Senate testimony
14.9.2022
The official will testify before the Senate Committee on Banking on Sept. 15; in a transcript released early, he reiterates the primacy of securities law in crypto regulation
CDC gives nod to Lummis-Gillibrand bill in proposed amicus brief in SEC v. Ripple case
14.9.2022
The Chamber of Digital Commerce has requested to file an amicus brief in the protracted SEC case against Ripple Labs and supports legislating to clear up legal gray area
Blockchain oracle network XY Labs' shares start trading at SEC-registered platform
14.9.2022
The blockchain oracle provider said that this will be the first time that its shares will be available at a regulated trading venue
SEC's Gensler Holds Firm That Existing Laws Make Sense for Crypto
13.9.2022
Securities and Exchange Commission (SEC) Chair Gary Gensler told the Practising Law Institute last week that existing securities laws fit the crypto markets in a speech that’s garnered attention from all parts of the digital currency ecosystem. Prior to the speech, I had the opportunity to speak...
SEC Gary Gensler Crypto Speech is Probably Good News For Institutional Adoption
13.9.2022
Garry Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has established himself as a vocal critic of many segments of the crypto industry. The official’s recent speech at an event in Washington, D.C. indicates he wants the agency to cover numerous crypto industry entities with...
Bitcoin and altcoins pop to the upside, but upcoming macro events could cap the rally
12.9.2022
The FOMC's decision on Sept. 21 could cause traders to reduce their risk exposure, limiting the recent gains seen across the crypto market
Law Decoded, Sept. 5–12: The pressure is growing in the US
12.9.2022
Last week regulators worried about the "de-integration" of financial sector and global energy consumption — all because of crypto
Chamber of Digital Commerce says 'the time has come' for the SEC to approve a Bitcoin ETF
12.9.2022
“As the SEC continues to stonewall, the United States continues to fall further behind other countries as capital that would have been invested in the United States," said the CDC
SEC Enforcement Director Gurbir Grewal Says Actions to Continue, Not Giving Crypto a Pass
12.9.2022
The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) continues efforts to bring the crypto industry under securities overreach. Gurbir Grewal, the director of the enforcement division, has reiterated that the crypto industry should not expect to get a pass from...