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U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
7.3.2024
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data
Do Kwon Can Be Extradited to South Korea, Montenegrin Court Rules: Reports
7.3.2024
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead
Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems, Adoption
7.3.2024
Adoption of the central bank digital currency pales in comparison to the use of cash in the country
Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report
7.3.2024
Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken
Hong Kong’s Central Bank Announces New Wholesale CBDC to Support Tokenization Market
7.3.2024
Project Ensemble will "seek to explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money," HKMA said
SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement
7.3.2024
SEC Commissioners Hester Peirce and Mark Uyeda voice concerns over the lack of clarity in crypto regulations after ShapeShift’s recent settlement of $275,000.
The post SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement appeared first on Cryptonews
How the SEC's Recent Win May Play in Its Coinbase, Binance Cases
6.3.2024
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission's motion for a default ruling
Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries
6.3.2024
Focused campaign spending from the crypto industry hit paydirt in Super Tuesday elections across the U.S., with several key congressional races going the way the industry had hoped
'Congress Needs to Act' on Crypto Regulations, CFTC Chair Behnam Tells Lawmakers
6.3.2024
The CFTC Chair was testifying on the regulator's 2025 budget request
UK Launches Consultation on Implementing OECD Crypto Reporting Framework
6.3.2024
The U.K. government believes implementing the reporting framework could draw in 35 million pounds ($45 million) from 2026
Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai
6.3.2024
On Tuesday, Nexo announced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to engage in virtual asset lending, borrowing, and broker-dealer activities within the UAE’s most populous city. Nexo Gains Initial VARA...
ShapeShift Settles SEC Charges It Sold Crypto Securities
6.3.2024
The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021
SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications
6.3.2024
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs
Crypto Seeks to Make Mark on U.S. Elections During 'Super Tuesday'
5.3.2024
The long list of primary elections Tuesday across 15 U.S. states will steer the fates of many seats in Congress and further solidifies the presidential showdown later this year, but Coinbase CEO Brian Armstrong said it's also a "chance to send a message" to federal politicians who've declined...
Binance.US Not Being Totally Forthcoming, SEC Complains in New Filing
5.3.2024
The SEC and Binance.US filed a joint status report detailing ongoing discovery efforts on Tuesday
Crypto Lender Nexo Secures First Regulatory Victory in Dubai
5.3.2024
Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday
Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny
5.3.2024
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
5.3.2024
The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agency TASS said
FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024
4.3.2024
The Financial Supervisory Commission (FSC) of Taiwan has announced its intention to propose a new draft of digital asset regulations for the country in September 2024.
The post FSC Plans New Digital Asset Regulations Draft for Taiwan in September 2024 appeared first on Cryptonews
Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors
4.3.2024
Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry's sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial officer with a Wall Street pedigree from the likes of Morgan Stanley and Goldman Sachs Group Inc