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Goldman: Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain

12.12.2022
Recent crises in the crypto market repeat a story as old as time, with a new asset attracting unsophisticated investors looking to make millions, the report said

Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension, Amber Group Ends $25M Deal with Chelsea FC

9.12.2022
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: Today in Crypto: Sam Bankman-Fried to Testify Next Week, Regulators Postpone FTX Japan’s Suspension, Amber Group Ends $25M...

Regulators in Japan, South Korea Want to Police Stablecoins

9.12.2022
The top Japanese financial regulator has stated that it intends to police “algorithmic stablecoins.” And the South Korean central bank also wants the power to regulate fiat-pegged tokens.... Read More: Regulators in Japan, South Korea Want to Police Stablecoins

US lawmakers question federal regulators on banks' ties to crypto firms

8.12.2022
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith

Stablecoin framework is a near-term priority for Aussie regulators

8.12.2022
As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly

JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation

8.12.2022
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s Jamie Dimon Compares Crypto...

Crypto Lender Nexo to Leave the USA After Discussions with Regulators Hit a Stalemate

6.12.2022
Major crypto lender Nexo will be leaving the United States over the next few months, as the company was unable to reach an agreement with the country's regulators. In a blog post published on Monday, Nexo stated that it would be "phasing out its products and services in the United States in...

Regulators face public ire after FTX collapse, experts call for coordination

4.12.2022
U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility

Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets

3.12.2022
According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million to Gemini customers. The exchange operated by Cameron and Tyler Winklevoss is attempting to recover the funds from Genesis, according to FT’s sources. Report Claims Genesis Owes...

Lord of the FTX Contagion, To Kill a Terra, The Regulators and Fury, and 20 Crypto Jokes

3.12.2022
Let’s see what happened this cryptoweek.... Read More: Lord of the FTX Contagion, To Kill a Terra, The Regulators and Fury, and 20 Crypto Jokes

Report: Nigerian Securities Regulator to Exclude Crypto in its Digital Asset Agenda

30.11.2022
According to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said the commission will only change its stance on cryptos when Nigerian regulators agree...

Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive

29.11.2022
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify...

Billionaire Investor Bill Ackman Says Crypto Regulators Will Take ‘Years’ to ‘Catch Up’

28.11.2022
The way to clean up the crypto space is not necessarily more rules, but instead better enforcement of existing rules, believes the American billionaire hedge fund manager Bill Ackman. But even then, the job will likely take regulators years, he said. The legendary investor’s views on crypto...

Billionaire Bill Ackman Discusses Crypto Regulation — Says Industry Must Self-Police or Risks Being Shut Down

28.11.2022
Billionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors in the crypto space and will likely take years to catch up. Bill Ackman on Crypto Regulation and the Need for Industry...

New York's mayor seeks balance with regulators after PoW mining moratorium

26.11.2022
Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal

Report: State Securities Regulators Probe Crypto Lender Genesis

26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...

Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says

26.11.2022
EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with...