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US financial regulators warn against crypto exposure in retirement accounts
7.2.2023
The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors
US Attorney requests SEC and CFTC civil cases against SBF wait until after criminal trial
7.2.2023
Lawyers for Sam Bankman-Fried said he consented to staying the SEC and CFTC civil cases, while those for Caroline Ellison and Gary Wang did not objec to staying the CFTC case
Judge denies motion allowing SBF to use messaging apps
7.2.2023
The judge did not provide a reason for denying the motion “without prejudice” but added the matter would face oral argument in a Feb. 9 hearing
Report: Korean Regulator Approves Issuance and Distribution of Security Tokens
7.2.2023
South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors are expected to get the same protection that...
Crypto firms could face 2 years jail for breaching UK advertising laws
7.2.2023
Crypto firms in the United Kingdom could face some harsh punishments under the FCA's proposed financial promotions regime
South Korea Takes Major Step Toward Cryptocurrency Legalization with New Guidelines on Securities Tokens
6.2.2023
South Korea has taken a major step towards bringing crypto into the mainstream as the country’s main financial regulator introduces new guidelines on security tokens.
Under the new guidelines, security tokens, defined as financial assets issued by a centralized party and tokenized on a blockchain...
FTX CEO testifies on 'pure hell' post-bankruptcy days at exchange
6.2.2023
John Ray said when he took control of FTX in November 2022, there was a “massive scramble for information” related to the exchange's funds, insurance, and personnel
Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto Ad Regime, Interpol Wants to Police Metaverse
6.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget to Direct ₺1M to Help Turkey Earthquake Victims, UK Sets Prison Punishment for Breach of New Crypto...
India to Introduce Measures Around Crypto This Year, Says Government Official
6.2.2023
The Indian government is planning to introduce “measures around crypto” this year, according to the country’s Economic Affairs Secretary Ajay Seth. India’s finance minister says cryptocurrency regulation will be discussed in her upcoming G20 meeting of finance ministers...
Crypto needs ‘adult supervision’ and turmoil to ‘grow up’ — Microstrategy co-founder
6.2.2023
The bankruptcies of once high-profile crypto players are “painful” but helpful said Michael Saylor but added industry oversight is still needed
Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’
5.2.2023
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it...
Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’
5.2.2023
Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin won’t be a Sri Lanka...
Tax strategies allow crypto investors to offset losses
4.2.2023
Reporting cryptocurrency when filing taxes can help investors offset their losses
CFTC Chair: Agency Well-Positioned to Regulate Crypto
4.2.2023
The Commodity Future Trading Commission is "well positioned" to address regulatory gaps in the crypto market, according to CFTC Chair Rostin Behnam.
In prepared remarks for a February 3 American Bar Association event, Behnam said his stance toward cryptocurrencies has not changed. He said...
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
4.2.2023
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks...
Experts Predict Future Regulation of Crypto Exchanges by 2025, With Split Opinion on Similarity to Traditional Finance
3.2.2023
Following finder.com’s reports on bitcoin and ethereum predictions, the product comparison site polled 56 specialists in the fintech and cryptocurrency industry to gauge their thoughts on future regulation of crypto exchanges. The experts predict that virtual currency trading platforms will...
CFTC head looks to new Congress for action on crypto regulation
3.2.2023
"I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam
US Congress to hold 'crypto crash' hearing on Feb. 14
3.2.2023
The ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’ hearing will come two months after senators met to discuss the collapse of FTX
Australia introduces classification for crypto assets
3.2.2023
The national regulators propose to distinguish four major types of products related to the crypto industry
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
3.2.2023
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...