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Nalezeno "Regulatory": 1894

Stablecoin Issuer Paxos Burns $700M Binance USD in 27 Hours Amid Regulatory Pressure

14.2.2023
The BUSD supply has decreased by more than 6% since Paxos announced on Monday that it would halt issuance due to regulatory pressure

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

14.2.2023
While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins by market valuation that has seen...

Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show

14.2.2023
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said

First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar

14.2.2023

BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert

13.2.2023
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been redeemed, bringing the number of BUSD in circulation to 15.87 billion. Stablecoin BUSD Sees...

Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity

13.2.2023
Staci Warden says crypto-native firms are being punished rather than given guidance

BUSD Depegs From Rival Stablecoin Tether After US Regulator Tells Paxos to Stop Minting New Tokens

13.2.2023
Traders seem to be migrating from Paxos' BUSD stablecoin to tether

Binance Says BUSD ‘Funds are Safu’, but a Regulatory Cloud is Forming Over the U.S.

13.2.2023
February has been a great month for the narrative that crypto’s natural home is in Asia

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action

13.2.2023
It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security

Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto

13.2.2023
Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

13.2.2023
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S....

Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

11.2.2023
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different categories of licenses that companies will have to renew...

Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days

10.2.2023
It appears that the circulation of the stablecoin usd coin has decreased while tether’s has grown, as the latest statistics paint a contrasting picture. Tether saw a 3% increase in coins in circulation over the last month, while the U.S. dollar-pegged crypto asset usd coin recorded a decrease...

Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation

10.2.2023
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of proof-of-solvency requirements for exchanges...

LBank Secures Virtual Asset Provider Registration to Operate in Italy

9.2.2023
PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank...

Getting rid of crypto staking would be a 'terrible path' for the US — Coinbase CEO

9.2.2023
Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder

Dubai forms Virtual Asset Regulatory Authority to provide global framework

8.2.2023
Dubai has established a regulatory authority to regulate the operations of virtual assets and platforms that are relevant to the sphere. The Virtual Asset Regulatory Authority comes into existence to create a framework that other regions across the world can replicate. Moreover, it keeps up with...