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US Senators Cynthia Lummis and Kirsten Gillibrand Propose Legislation to Regulate Digital Assets
12.7.2023
US Senators Cynthia Lummis and Kirsten Gillibrand are set to propose a new bill today to regulate cryptocurrencies and other digital assets in the country.
Lummis and Kristen will reintroduce their Responsible Financial Innovation Act amid the ongoing debate about the future of digital asset...
MiCA's stablecoin transaction cap stifles crypto adoption, say lawyers
10.7.2023
With a $216 million cap to be imposed on stablecoins such as USDT and USDC, some say crypto adoption could be “stifled” under MiCA unless it changes
Report: Namibian Parliament Passes Crypto Regulation Bill
6.7.2023
The Namibian parliament recently passed a bill that aims to establish a regulatory regime for cryptocurrencies. According to the Namibian Finance Minister, safeguarding the interests of consumers and combating market abuse are some of the reasons why parliament has taken this step. Mitigating Money...
Billionaire Mark Cuban And Ex SEC Official Argue Over FTX Collapse And Crypto Regulations
5.7.2023
American billionaire Mark Cuban and the former US Securities Exchange Commission official John Reed Stark argued over what actually caused the collapse of FTX and how US customers could have been protected better.
Shark Tank star Mark Cuban suggested in a tweet that had the US SEC adopted similar...
Bitcoin Price Prediction: Mark Cuban and Former SEC Official Voice Opinions on Crypto Regulation
5.7.2023
Bitcoin, the leading cryptocurrency, is currently trading at $30,869, experiencing a 1.10% decrease on Wednesday.
In the midst of this price movement, notable figures such as Mark Cuban and a former SEC official have shared their perspectives on crypto regulation, offering valuable insights into...
Mark Cuban Says SEC Makes Mistakes in Crypto Regulation, Calls Regulator ‘Arrogant’
5.7.2023
Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has slammed the U.S. Securities and Exchange Commission (SEC) for taking a wrong approach to regulating the crypto industry. “The SEC is not infallible. It makes mistakes,” the billionaire stressed, adding that if the SEC...
Latest Thai Securities Guidelines Require Digital Asset Platforms to Issue Crypto Trading Risk Warnings
4.7.2023
According to Thailand’s securities regulator, digital asset service providers will be required to warn prospective investors of the risks that come with trading or investing in cryptocurrencies. The guidelines also state that starting on Aug. 30, 2023, digital asset business operators will...
Crypto Struggles Are Predominantly North American, Says Animoca Brands CEO
3.7.2023
Animoca Brands CEO Yat Siu said that crypto entrepreneurs in North America are facing more struggles than other regions due to macroeconomic and regulatory conditions.
In an interview with Cointelegraph at the Collision conference in Toronto, crypto veteran Siu talked about the contrast in crypto...
Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast
3.7.2023
Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predicted price target but acknowledged that it may take “a little...
Bittrex Requests Dismissal of SEC Lawsuit, Arguing for Congressional Approval in Crypto Regulation
2.7.2023
According to a recent court filing, the U.S. subsidiary of Bittrex has requested the dismissal of the case filed against the exchange by the U.S. Securities and Exchange Commission (SEC). Attorneys for Bittrex argue that the SEC cannot regulate cryptocurrency assets as securities without approval...
Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts
2.7.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the...
New Zealand Is Not Exploring Crypto Regulation, but Recommends Increased Vigilance
30.6.2023
After receiving 50 submissions as part of a consultation process, the Reserve Bank of New Zealand (RBNZ) has said it won't propose a regulatory approach towards stablecoins and crypto-assets
HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong
27.6.2023
Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are listed on the Hong Kong stock exchange (HKEX) using its mobile apps. The stock exchange currently has three crypto futures ETFs listed. HSBC Customers Can Trade Crypto Futures ETFs...
MiCa releases EU crypto regulation with VeChain
23.6.2023
Latest tweets by crypto experts have hinted towards MiCa introducing a new set of EU crypto regulations. The regulations will bring investor protection and legal clarity while unifying the EU crypto scene. Experts believe that the upcoming regulations will bode well with VeChain’s compliance...
JPMorgan Managing Director Nikolaos Panigirtzoglou: Hinman Docs Are a ‘Boost to Ethereum’
23.6.2023
Nikolaos Panigirtzoglou, a managing director at JPMorgan, believes the release of the Hinman docs in the Ripple vs. SEC case will influence crypto regulation. Panigirtzoglou stated this document release is likely to start a race for other cryptocurrency projects to become more decentralized...
Billionaire Mark Cuban Offers Suggestions on How SEC Should Regulate Crypto
21.6.2023
Billionaire investor Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has provided some suggestions on how the U.S. Securities and Exchange Commission (SEC) should regulate the crypto industry, including how the regulator should handle multi-function crypto tokens....
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
20.6.2023
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets
Japan's Crypto Exchanges Seek Looser Margin Trading Regulations for Growth
20.6.2023
Japan's crypto exchanges are seeking regulations that would allow retail investors higher leverage on margin trading.
Japan's Virtual & Crypto Assets Exchange Association revealed that the crypto exchanges in the country are seeking permitted leverage for retail investors of four to ten times. ...
UK government moves forward on financial markets bill for potential regulation of crypto
19.6.2023
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes
Crypto lender Abra has been insolvent since March, says Texas regulator
16.6.2023
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order