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International Monetary Fund Tells Nigeria To Regulate Crypto Trading Platforms
10.5.2024
The International Monetary Fund (IMF) has recommended Nigeria regulate crypto trading platforms, a new staff report by the United Nations’ financial agency released Thursday states. The country has been under increased international scrutiny for the detainment of two Binance executives after...
Coinbase’s Stand With Crypto launches political action committee
10.5.2024
The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives
UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO
10.5.2024
Komodo CTO Kadan Stadlemann said the United Arab Emirates' political stability fosters a friendlier environment for crypto businesses to flourish, compared to the challenges they face in the US.
The post UAE Offers Friendlier Crypto Scene Than US Due to Political Stability: Komodo CTO appeared...
SEC has taken ‘too expansive’ a view of crypto, says former commissioner
9.5.2024
Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets
Digital Currency Group revenue jumps 51% in 1Q24 despite GBTC outflows
9.5.2024
Revenue at Digital Currency Group (DCG) increased 51% to $229 million in the first quarter of 2024, driven by the rebound in crypto markets
Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says
9.5.2024
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...
Emergency ‘wall of liquidity’ to prop up Yen bullish for Bitcoin: Swan
9.5.2024
Swan Bitcoin's Dante Cook suggests that Bitcoin could benefit from the declining Japanese yen, depending on what the U.S. and Japan central banks do next
President Biden says he would veto resolution countermanding SEC crypto rule
8.5.2024
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
FCA crypto regulators will take the best from TradFi and DeFi, says exec
8.5.2024
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best
U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions
8.5.2024
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars
Financial system ‘outdated’ but crypto is no fix either: US swing voters
8.5.2024
In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is "outdated" and in need of an overhaul, but most didn’t think crypto was the answer either
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
7.5.2024
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange
SEC pushes back against Terraform’s claims fraud happened outside US
7.5.2024
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin
Crypto must adapt to laws, not the other way around — John Reed Stark
7.5.2024
Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
7.5.2024
A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party
Crypto options desk QCP Capital wins Abu Dhabi license: Report
7.5.2024
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region
Austrian Firm Bitpanda Expands to UAE Hiring Former 1inch Exec to Lead Ops
7.5.2024
Austrian crypto exchange Bitpanda is expanding its operations to the Middle East and opening a regional office in the United Arab Emirates (UAE).
The post Austrian Firm Bitpanda Expands to UAE Hiring Former 1inch Exec to Lead Ops appeared first on Cryptonews
Crypto firms to see more enforcement actions within 2 years — CFTC chair
6.5.2024
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation
Unearthed Government Report Found SEC Lacking “Effective” Cybersecurity Programs Two Weeks Before X Hack: Fox
6.5.2024
The United States Securities and Exchange Commission (SEC) received a report from the Office of Inspector General (OIG) alleging that its cybersecurity program was lacking just two weeks before the commission was hacked on January 9, Fox Business reporter Eleanor Terrett has learned. News of...