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Nalezeno "us crypto regulation": 1591

SEC Commissioner Hester Peirce Challenges SEC’s Actions in LBRY Case


Hester Peirce , a commissioner at the Securities and Exchange Commission (SEC), has expressed her strong disapproval of the agency’s handling of charges against cryptocurrency startup LBRY. In a statement released on Friday, Peirce, known for her favorable stance towards the crypto industry...

Turkey Projects Finalization of Cryptocurrency Taxes by Next Year


Turkish government intends to establish a regulatory framework for crypto assets, including plans to tax these digital assets, starting 2024. The regulatory measure came as a part of the government’s 2024 Presidential Annual Program, unveiled on Wednesday. The translated document sheds light...

Senior Public Officials in South Korea Declare Crypto Holdings


Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province’s efforts to ensure transparency among its government employees to avoid conflict of interest. Gyeonggi province announced that it...

UK Financial Watchdog Flags “Common” Failures in Crypto Marketing


The Financial Conduct Authority (FCA) has identified some recurring issues in the marketing of cryptoassets following the implementation of new regulations on October 8. In a Wednesday blog post, the FCA highlighted three primary problems, which include misleading claims regarding...

Binance is Reportedly Behind New Hong Kong Crypto Exchange Seeking License


Crypto exchange giant Binance seems to have connections with a newly established cryptocurrency trading platform in Hong Kong that has announced its intention to apply for a license in the city, according to a South China Morning Post report.  The trading platform, known as HKVAEX, was created...

Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub


U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under the pan-European Markets in Crypto Assets (MiCA) law....

California's Crypto Regulation: Will It Push Firms Out?


California has signed the Digital Financial Assets Law, raising concerns within the industry regarding the potential consequences of this legislation. On Friday, Governor Gavin Newsom signed the bill into law, aiming to regulate California's cryptocurrency industry, which is home to nearly...

Coinbase selects Ireland as its European crypto hub


The crypto exchange has applied for a license under the EU’s new Markets in Crypto-Assets with the Central Bank of Ireland and, if successful, will be able to "passport" its services across EU states

Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes


Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes. Deputy Chief Prosecutor of the Attorney-General's Chambers, Ong Shouren, told a local news outlet that...

Binance Stops Accepting New Users in UK to Comply With Crypto Regulations


Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K. financial promotions...

JPEX Scandal Undermines Trust in Crypto Among Hong Kongers, Survey Reveals


Attitudes toward crypto in Hong Kong have taken a hit, as a new survey reveals a growing aversion to virtual assets in the aftermath of the JPEX scandal.  This shift in sentiment poses significant challenges to Hong Kong's aspirations to establish itself as a global hub for the cryptocurrency...

SEC Announces Increased Oversight of Cryptocurrencies in 2024 Fiscal Plan


The U.S. Securities and Exchange Commission (SEC) released its fiscal plan for 2024 today, detailing a heightened regulatory focus on cryptocurrency and associated financial technologies. This report comes from the SEC's Division of Examinations and outlines the agency's approach to emerging market...

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