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Custodia's Suit Against Fed Over Denial of Master Account Can Proceed, Court Rules
10.6.2023
Custodia's challenge of the Federal Reserve Bank of Kansas City's decision to deny the crypto-friendly bank access to the Fed banking services can continue, a U.S. district court ruled Thursday, rejecting a Fed motion to dismiss the case. The U.S. District Court of Wyoming, however, did reject...
UK Bans ‘Refer a Friend’ Bonuses With Tougher Crypto Marketing Rules
10.6.2023
Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country’s financial watchdog. These include prohibiting ‘refer a friend’ bonuses for the industry as well as introducing a cooling-off period for first time investors. Regulator...
Free Promotional NFTs, Crypto Airdrops Would Be Banned Under New UK Rules, Official Says
9.6.2023
Crypto airdrops and NFTs themselves will not be banned, but using such incentives alongside promotions that encourage people to invest would be, said FCA's Matthew Long
Pokémon Players Banned From Tourney For Using The Same Move In Protest
8.6.2023
Even if you don’t play competitive Pokémon, you may be familiar with the move Metronone, which sees a monster wave their fingers back and forth until they hit their enemy with a random attack from the wider compendium of moves. It’s a fun move in theory, but not a particularly effective...
Crypto ads face stricter rules including a referral bonus ban by FCA
8.6.2023
Crypto services in the U.K. will face stricter regulations, including a "cooling-off period" for first-time investors and a ban on "refer a friend" bonuses
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
8.6.2023
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions
Twitch Abandons Bad Ad Changes After Streamer Freak Out
8.6.2023
Earlier this week, Twitch set the streaming world ablaze with what appeared to be new guidelines that heavily impacted how streamers could monetize their channels. The rules appeared to dictate things like how much space logos could take up on the screen, and whether or not these sponsorships could...
U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules
7.6.2023
Congressmen Brad Sherman and Stephen Lynch called the crypto industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations
Twitch's New Ad Rules Are Very Bad For Streamers
6.6.2023
On June 6, popular streaming service Twitch rolled out a set of new advertisement rules that spell trouble for streamers large and small. The rules are directly related to branded content streamers add into their streams, which are a crucial source of revenue for creators, and the new set of rules...
US CFTC Chair Says Claim That the Agency Is a ‘Light Touch Regulator’ Could Not Be ‘Farther From the Truth’
6.6.2023
US Commodity Futures Trading Commission Chair Rostin Behnam pushed back on assertions that his agency would be a “light touch regulator” for cryptocurrency, following an eventful week and as lawmakers contemplate legislation to regulate cryptocurrencies.
Behnam was asked on Tuesday during a House...
Judge Rules Against FTX in Genesis Bankruptcy Mediation Case
6.6.2023
FTX will not be allowed to join in the mediation between now-bankrupt crypto lender Genesis Global and its parent company, Barry Silbert’s crypto conglomerate Digital Currency Group (DCG), a judge has ruled.
In the ruling, US Bankruptcy Judge Sean Lane decided against FTX's inclusion in...
Paul Grewal aims for clear crypto rules in the US
6.6.2023
Paul Grewal, the Chief Legal Officer at Coinbase, has highlighted that his focus will be majorly on putting forward the point that crypto ventures need clear rules to operate in the region. Coinbase, founded in 2012, has more than 3,000 cryptocurrencies listed on the platform. It supports select...
SEC Sues Binance and CZ Over ’Blantant Disregard” of Its Rules
5.6.2023
Binance Holdings Ltd., and its US affiliates, are being charged by the US Securities and Exchange Commission for multiple offenses, months after being charged separately by another US regulator.
The SEC’s case stems from the defendants’ “blatant disregard of the federal securities laws,”...
BetandYou: Online Sports Betting Company (Perfect Review)
3.6.2023
Betandyou sports betting covers more than 1,000 events daily. You can also bet on many popular sports:-  soccer, basketball, tennis, volleyball, golf, boxing,  ice hockey, handball, American football, baseball, hockey, table tennis, biathlon, Australian rules football and bandy. They also...
Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area Network, US CFTC Mulls Rules Change to Include Crypto Risk
2.6.2023
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: Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area...
US Regulator Sets It Sights on Crypto Risks in Potential Risk Management Rules
2.6.2023
The US Commodity Futures Trading Commission is taking a closer look at its rules governing risk management, with an eye towards digital assets.
The agency published an advanced notice of proposed rulemaking on Thursday, asking for public comment on risk management requirements for swap dealers...
Bloomberg: Hong Kong's New Crypto Rules Pave Uncertain Path to Digital Asset Hub
2.6.2023
Hong Kong's financial regulator finally implemented its new regulatory framework for crypto on the first of June.
Under the new rulebook, the city-state will allow retail investors in the city to trade specific “large-cap tokens” on licensed exchanges, given that safeguards such as knowledge...
U.S. Commodities Agency May Change Risk Rules to Consider Crypto
2.6.2023
The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets
Yuan stablecoin team arrested, WeChat’s new Bitcoin prices, HK crypto rules: Asia Express
2.6.2023
Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long?
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
1.6.2023
The stablecoin is issued by a registered trust owned by First Digital