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Voyager Digital’s Clash With US Regulators Followed by Broader FDIC Warning
29.7.2022
The day after demanding Voyager Digital erase its claims that customers’ funds would get government protections, the U.S. Federal Deposit Insurance Corp. issued a broader warning to bankers that they need to keep their crypto partners in line
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
28.7.2022
The Federal Reserve and Federal Deposit Insurance Corp. issued a cease-and-desist order to Voyager, saying it made false claims that its customers would have government protections
Regulators Should Ban Crypto Advertising in Sports
26.7.2022
Just because someone can hit a home run or throw a touchdown pass, he shouldn’t be allowed to give financial advice
Regulators across the ocean discuss stablecoins and MiCa at joint forum
21.7.2022
The representatives of key regulatory bodies on both sides of the Atlantic have met to exchange their experiences
UK Regulators to Introduce Rules for Stablecoins in New Markets Bill
20.7.2022
The much-anticipated financial services and markets bill presented to the country’s parliament includes rules for stablecoins as a means of payment
South Korean Regulators Close the Net on Opportunistic Kimchi Premium Traders
19.7.2022
A South Korean financial regulator is set to go on the warpath in search of kimchi premium traders – and is vowing to bring suspected offenders to justice.
As previously reported, the kimchi premium is a phenomenon in the crypto trading markets whereby bitcoin (BTC) and altcoins trade on domestic...
Bank of England’s Cunliffe Warns Crypto Is ‘Prone to Collapse’ — Touts ‘Same Risk, Same Regulatory Outcome’
17.7.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on with the job” and regulate crypto under the principle...
Bitcoin Skeptic Peter Schiff Will Sell Troubled Euro Pacific Bank for BTC if Regulators Let Him
11.7.2022
Peter Schiff says he will sell his bank, Euro Pacific, for bitcoin if the Puerto Rican regulators let him sell it. “My bank was not put into receivership for being insolvent. It was put there for being under-capitalized,” the bitcoin skeptic said. Peter Schiff Says He’s Willing...
US Treasury issues framework addressing engagement on crypto with foreign regulators
7.7.2022
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March
Exodus of pro-crypto financial regulators in UK amid allegations of misconduct in PM's government
6.7.2022
In his resignation letter, Economic Secretary to the Treasury John Glen said that “vital reforms" to the country’s financial services were ready to be presented to Parliament
New York Regulators Have Planted a Seed for Stablecoin Transparency
6.7.2022
New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist
Custodia Bank's CEO Says Bad Actors and Regulators Caused Crypto Crash
1.7.2022
Caitlin Long said bankruptcies were inevitable the moment bitcoin “started being leveraged, rehypothecated, or financialized with debt.”
Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties
1.7.2022
On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that...
New York Environmental Regulators Deny Greenidge’s Power Plant Permit
30.6.2022
The New York State Department of Environmental Conservation (NYSDEC) has denied bitcoin mining operation Greenidge Generation’s application to renew an air permit required to continue operating in New York
SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’
28.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector. Gary Gensler: Bitcoin Is a Commodity...
Recent Crypto 'Bloodbath' Is Not Necessarily Bad, Regulators Say
27.6.2022
The recent crypto market downturn can help weed out bad actors and unsustainable projects, a number of regulators and entrepreneurs said at a forum in Zurich last week
Educating regulators will help mitigate risks, says Figment exec
27.6.2022
Robert Ellison noted that a regulatory framework for staking is achievable because the concept is very easy to understand
Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis
27.6.2022
Thomas Moser hinted that regulations might take time as the current regulations would wipe out the decentralized ecosystem like DeFi
British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’
26.6.2022
British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and can’t do with their money,” the lawmaker...
Chinese State-Run Media Warns About Bitcoin’s Price Falling to Zero as Regulators Issue Fresh Crypto Warning
25.6.2022
A Chinese state-run newspaper has published an article warning about bitcoin’s price falling to zero amid the crypto market sell-off. Meanwhile, financial regulators in Shenzhen have issued a new warning about cryptocurrency. State-Run Newspaper Warns About Bitcoin Becoming Worthless...