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a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks
26.4.2024
a16z Crypto, the crypto arm of Andreessen Horowitz, has issued a stern warning to startup founders considering token sales in the United States.
The post a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks appeared first on Cryptonews
S&P Global Says US Stablecoin Adoption Could Soar Following New Rules
25.4.2024
S&P Global said the recent change in rules involving the Lummis-Gillibrand Payment Stablecoin Act could see U.S. stablecoin adoption soar as the regulatory framework could bolster confidence.
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SEC delays Ethereum ETF decision amid regulatory review
24.4.2024
The United States Securities and Exchange Commission (SEC) has opted to defer its decision on Ethereum exchange-traded fund (ETF) proposals submitted by investment firms Grayscale and Franklin Templeton. The SEC’s decision marks a significant development in the quest to bring...
SEC Delays Decision on Franklin Templeton’s Spot Ethereum ETF Application
24.4.2024
The fate of spot Ethereum ETFs hangs in the balance as the SEC announces a delay in its decision. This move reflects a cautious approach amidst growing interest and regulatory complexities surrounding crypto-based investment products. Dive deeper into the implications for the future of spot...
SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box
23.4.2024
Two lawyers from the SEC, Michael Welsh and Joseph Watkins, resigned following a federal judge's sanction and severe criticism of the regulatory agency's handling of a crypto-related case.
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Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry
23.4.2024
The Hong Kong Securities & Futures Professionals Association (HKSFPA) has advocated establishing a self-regulatory committee within the city's crypto firms to enhance compliance monitoring.
The post Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto...
Thailand to Block Access to 'Unauthorized' Crypto Platforms
22.4.2024
Authorities in Thailand have decided to block "unauthorized" crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, an announcement on Friday last week said
Binance Co-Founder Says Former CEO CZ Is in a ‘Positive Situation’ Ahead of Sentencing
19.4.2024
At a Dubai event, Binance co-founder He Yi discussed former CEO Binance CZ's legal situation, describing it as "largely peaceful" despite his upcoming sentencing in the US. CZ's plea deal led to his resignation and a $4.3 billion forfeiture by Binance. Yi also addressed Binance's regulatory stance...
U.S. Senators Elizabeth Warren and Charles Grassley Demand CFTC Chair Rostin Benham Explain Ties To Sam Bankman-Fried
16.4.2024
U.S. Senators Elizabeth Warren and Charles E. Grassley are demanding Commodity Futures Trading Commission (CFTC) Chair Rostin Benham shed light on correspondence he had with FTX founder Sam Bankman-Fried in the lead-up to the exchange’s collapse, a letter from the lawmakers to Benham dated April...
UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory Flexibility
16.4.2024
The United Arab Emirates (UAE) recorded $25b in crypto transactions in 2022. Now, it is adopting accommodative regulatory policies to pursue further investment, according to a report published Monday.
The post UAE Records $25B in Crypto Transactions, Promotes Further Investment With Regulatory...
StanChart-Backed Zodia Markets’ Co-Founder Applauds Abu Dhabi’s Crypto Regulators, Calls Out UK’s Lag
12.4.2024
Zodia Markets' co-founder, Nick Philpott, praised Abu Dhabi’s crypto regulations, emphasizing the “remarkable” degree of interaction with regulatory authorities in the region.
The post StanChart-Backed Zodia Markets’ Co-Founder Applauds Abu Dhabi’s Crypto Regulators, Calls Out UK’s Lag appeared...
Dubai’s VARA Aims to Facilitate Smaller Crypto Entities, Acknowledges Imperfections in Regulations
11.4.2024
Matthew White, CEO of Dubai's Virtual Asset Regulatory Authority (VARA), expressed the watchdog's commitment to easing the regulatory burden for smaller cryptocurrency entities.
The post Dubai’s VARA Aims to Facilitate Smaller Crypto Entities, Acknowledges Imperfections in Regulations...
Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
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Where South Korea’s Democratic Party and People Power Party Stand on Crypto Policies
10.4.2024
South Korea’s elections take place today and the outcome of who comes out tops will play a crucial role in influencing the regulatory environment for cryptocurrencies.
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Republican Sen. Tillis Calls for ‘Light’ Crypto Regulatory Framework Ahead of Presidential Election
9.4.2024
Lawmakers on both sides of the aisle urged the need for new crypto laws on Tuesday, as Deputy Treasury Secretary Wally Adeyemo asked for “additional tools” to effectively crack down on illicit crypto financing
XRP Price Prediction as XRP Consolidates at $0.60 – Massive Price Surge Incoming?
9.4.2024
XRP shows resilience at $0.60, with its price poised for growth amid favorable market conditions and potential regulatory advancements in the U.S.
The post XRP Price Prediction as XRP Consolidates at $0.60 – Massive Price Surge Incoming? appeared first on Cryptonews
Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins
9.4.2024
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said
US Treasury Deputy Secretary Urges Congress for Tools to Tackle Crypto-Related Illicit Finance
9.4.2024
US Treasury Deputy Secretary Wally Adeyemo has urged Congress to provide regulatory tools to combat illicit finance related to cryptocurrencies.
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Bitcoin Price Prediction: Falls Below $72,000 Amid ETF Buzz and Regulatory Scrutiny; Is It a Buy Now?
9.4.2024
Bitcoin nudges $71,800, fueled by ETF enthusiasm and halving event, amidst a cautious market eyeing $75,000.
The post Bitcoin Price Prediction: Falls Below $72,000 Amid ETF Buzz and Regulatory Scrutiny; Is It a Buy Now? appeared first on Cryptonews
Crypto.com Wins Full License in Dubai, Expands Reach to Institutions
9.4.2024
Crypto.com announced Tuesday that its Dubai-based entity achieved full operational approval from the Virtual Assets Regulatory Authority (VARA). It will commence operational services by catering to institutional investors.
The post Crypto.com Wins Full License in Dubai, Expands Reach...