Search
Nigeria puts faith in new crypto-friendly regulator
25.4.2024
The Nigerian president appointed the new Securities and Exchange Commission (SEC) chair to regulate the capital market, bolster investor confidence and advance economic development
UK regulator scrutinizes Big Tech's role in AI industry
24.4.2024
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
24.4.2024
South Africa’s Financial Sector Conduct Authority said on April 22 that it has approved 75 institutions to be licensed as crypto asset service providers (CASPs). The regulator said the unveiling of licensed CASPs is intended to dispel misconceptions arising from the supposedly misleading...
Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps
24.4.2024
The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful...
SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’
23.4.2024
Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading...
South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers
23.4.2024
South African regulator - Financial Sector Conduct Authority (FSCA) - has granted crypto license to 75 institutions including global crypto exchanges Luno and VALR.
The post South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers appeared first on Cryptonews
Australian Regulator Says Crypto Is a Debenture That Requires Regulation
17.4.2024
The chairman of the Australian Securities and Investments Commission (ASIC) has said his organization views cryptocurrency as a debenture hence it falls under regulatory purview. The ASIC chairman also argued that many cryptocurrency investors are unaware of what they are getting into. Crypto Falls...
Senate Candidate John Deaton Calls Gary Gensler a “Bad Faith Regulator,” Voices Support For Coinbase in SEC Case
15.4.2024
John Deaton, the pro-crypto candidate running to win Seator Elizabeth Warren’s current senate seat, took to X Monday (formerly Twitter) to criticize United States Securities and Exchange Commission (SEC) chair Gary Gensler over the new Coinbase appeal, calling him a “bad faith regulator.” The...
South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services
15.4.2024
South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA), has granted approval to 59 license applications from cryptocurrency platforms seeking to offer services to residents.
The post South African Regulator Grants Approval to 59 Crypto Platforms for Resident Services...
Australian Regulator Initiates Civil Proceedings Against Three Cryptocurrency Investment Firms
15.4.2024
The Australian Securities Regulator has launched civil proceedings against three cryptocurrency firms. These firms are accused of convincing investors to purchase investment packages using self-regulated superannuation funds. The regulator stated that appointing a receiver is the best way...
Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request
12.4.2024
An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol
Crypto Exchange Luno Receives License From South Africa’s Financial Regulator
11.4.2024
Cryptocurrency exchange Luno is one of the first firms to receive a license from the Financial Services Conduct Authority (FSCA) in South Africa, allowing the exchange to operate as a financial services provider in the country.
The post Crypto Exchange Luno Receives License From South Africa’s...
Dubai Regulator Wants to Lower the Cost of Compliance for Small Crypto Firms
11.4.2024
While Dubai's regulatory rules were broadly welcomed, some firms worried about the expense
EU Watchdog Warns 90% of Crypto Trading Funneled Through Few Exchanges
11.4.2024
The European Union's (EU) securities regulator warned about the high concentration of trading activity on a limited number of crypto exchanges. Notably, Binance, a single platform, controls roughly half of the entire market.
The post EU Watchdog Warns 90% of Crypto Trading Funneled Through...
Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet
11.4.2024
The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn...
Hong Kong Regulator Boosts HashKey’s License, Expanding Retail Crypto Services
11.4.2024
Hong Kong’s SFC granted an expanded license to HashKey Capital. This upgrade enables HashKey to offer its services to retail investors, removing the prior restriction that limited its clientele to professional investors only.
The post Hong Kong Regulator Boosts HashKey’s License, Expanding Retail...
EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says
10.4.2024
The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets
Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict
10.4.2024
The Australian Securities and Investments Commission (ASIC) is appealing the Federal Court's dismissal of its case against Finder Wallet's crypto product, Finder Earn.
The post Australian Regulator Appeals Loss in Finder’s Crypto Product Verdict appeared first on Cryptonews
Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15
10.4.2024
Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15. However, their availability is expected to commence roughly two weeks after approval.
The post Hong Kong Poised to Unveil First Spot Bitcoin ETFs on April 15 appeared first on Cryptonews
Argentina Regulator: We Want to Work With Crypto Firms to Police Industry
4.4.2024
Argentina’s top financial regulator says that it wants to “work together” with the nation’s crypto industry as it steps up its control over the sector.
The post Argentina Regulator: We Want to Work With Crypto Firms to Police Industry appeared first on Cryptonews