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US lawmakers demand SEC-FINRA records on Prometheum ETH custody
22.5.2024
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
22.5.2024
The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time
UK Sets July 4 Date for Election Likely to Oust Conservative Party, Spelling Uncertainty for Crypto Hub Plans
22.5.2024
The Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country
White House Opposes Crypto Bill FIT21 — Offers to Work With Congress on Balanced Framework for Digital Assets
22.5.2024
The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today. However, the Biden Administration offered to collaborate with Congress to establish a balanced regulatory framework...
Worldcoin Operations Violate Privacy and Should Cease, Hong Kong Regulator Says
22.5.2024
Privacy Commissioner for Personal Data personnel visited 10 of the project's locations in December and January
Biden Does Not Threaten Veto Against House Crypto Market Structure Bill, But 'Opposes Passage'
22.5.2024
U.S President Joe Biden's White House published a statement of administrative policy Wednesday saying the administration opposed the passage of the Financial Innovation and Technology for the 21st Century Act, but without threatening to veto the bill
SEC Chair Gensler Opposes Crypto Bill FIT21 Citing Regulatory Loopholes and Increased Risks to Public
22.5.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has strongly opposed the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote. He stressed that “many players in the crypto industry don’t play by the rules,” leading...
BoE regulatory 'culture shift' could open door to new tech
22.5.2024
The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox
SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
22.5.2024
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday
Policymakers Are Back at Consensus 2024
22.5.2024
This week, the U.S. Securities and Exchange Commission might approve spot ether exchange-traded funds (ETFs), the House of Representatives may vote in favor of a crypto market structure bill, the company behind a decentralized exchange is arguing with the SEC, and that's all just in the U.S. All...
Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes
22.5.2024
Cboe, an exchange associated with five of the issuers of a potential spot ether exchange-traded fund (ETF), published its amended 19b-4 filings in response to feedback from regulators. The applicants include Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares and Franklin Templeton
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
21.5.2024
The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
21.5.2024
Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum's dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn't worth the fight
Kraken to maintain USDT listing amid new EU regulations
21.5.2024
A top official at Kraken said they will pursue all possible avenues to offer USDT under the next regime. Crypto exchanges are actively looking for measures to implement regarding stablecoins as the new legislation will emerge soon. USDT, the symbol for Tether, is the largest stablecoin in...
Central Bank of Brazil Aims to Finalize Crypto Regulations This Year
21.5.2024
The Central Bank of Brazil outlined its crypto regulation calendar, defining a three-phase process for finalizing these tasks in 2024. The bank aims to consult market actors regarding VASPs, establish plans to regulate stablecoins and finalize the rules to welcome VASPs into the country later this...
Could staked ETH be classified as a security? Galaxy researcher weighs in
21.5.2024
Galaxy Research’s Alex Thorn raises concerns about the SEC potentially classifying staked ETH as a security amid Ethereum ETF approval speculation
US shutdowns lead to global decline in Bitcoin ATMs
21.5.2024
Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
21.5.2024
FDIC Chair Martin Gruenberg to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator.
The post FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report appeared first on Cryptonews
Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped
21.5.2024
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote
Anti-crypto FDIC chair Martin Gruenberg to step down — ‘best day ever’
21.5.2024
Martin Gruenberg has faced criticism from Republicans and Democrats alike after an independent investigation revealed a range of workplace issues at the FDIC