Search

Nalezeno "AI regulation": 51573

Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds

14.9.2021
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer...

2 key Ethereum price metrics back traders’ confidence in $3,800 ETH

14.9.2021
ETH’s 90-day annualized premium and the funding rate on perpetual futures signal that traders are confident the altcoin will recapture the $3,800 level

Sen. Warren goes after Ethereum network fees in committee hearing

14.9.2021
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren

President Biden announces picks to fill CFTC vacancies

14.9.2021
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote

Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers

14.9.2021
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank...

US lawmakers propose adding digital assets to 'wash sale' rule and raising capital gains tax

13.9.2021
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users

SEC chair doubles down, tells crypto firms 'come in and talk to us'

13.9.2021
"Under our laws they have to register with the Commission unless they qualify for an exemption," said Gary Gensler

Law Decoded: Hodling like a state

13.9.2021
El Salvador's effects, Coinbase's woes, and the digital euro's prospects

US Treasury reportedly in talks for stablecoin regulation

13.9.2021
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once

US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

13.9.2021
The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins...

Indian crypto exchanges prepare ad blitz for festive season

13.9.2021
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season

BIS Asks Central Banks to Urgently Develop CBDCs to Compete With Crypto Assets

12.9.2021
The head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, has urged central banks to act now on central bank digital currencies (CBDCs) to compete with initiatives in the private sector, including cryptocurrencies. “CBDCs will take years to...

US SEC Issues Warning on Crypto Investment Scams Citing ‘Some Investors May Have FOMO’

12.9.2021
The U.S. Securities and Exchange Commission (SEC) has issued a warning about fraudulent investment schemes involving cryptocurrencies. The regulator notes that some investors may have fear of missing out (FOMO) given the rise in prices of some crypto assets in recent years. SEC Warns Investors...

SIX Swiss Exchange Receives Regulatory Approval to Launch Digital Asset Bourse

11.9.2021
Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited bourse for digital assets. This authorization enables the exchange “to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger...

$30 Million Crypto Scheme’s Leader Pleads Guilty, Facing up to 20 Years in Prison

11.9.2021
The leader of a cryptocurrency scheme that swindled over $30 million from investors has pleaded guilty to fraud, the U.S. Department of Justice (DOJ) said. He now faces a maximum sentence of 20 years in prison. Leader of $30M Crypto Scheme Pleads Guilty to Fraud The U.S. Department of Justice (DOJ)...

India’s Central Bank RBI Still Has ‘Serious Concerns’ About Cryptocurrency

11.9.2021
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has once again expressed concerns regarding the impact of cryptocurrencies on India’s financial stability. Crypto Presents ‘Serious Concerns’ to RBI The Indian government is currently awaiting the Cabinet to take...

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns

10.9.2021
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however,...