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Senator Warren Slams Citibank’s Ongoing Failures — Suggests Breaking up Citi
5.10.2024
Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures. Warren stated that Citibank may be “too-big-to-manage,” citing years of regulatory...
Analyst Theorizes Reason Behind Regulatory Scrutiny on Ripple
4.10.2024
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has drawn a…
Crypto startup accuses SEC of ‘massive regulatory land grab’
4.10.2024
Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.
IMF Urges El Salvador Again to Strengthen Regulatory Framework and Oversight of Bitcoin
3.10.2024
The IMF has been asking El Salvador for changes regarding its bitcoin law since its adoption in 2021
Vivek Ramaswamy Calls to End Federal Bureaucracy: ‘We Have Too Many Laws’
3.10.2024
Vivek Ramaswamy has voiced strong criticism against the federal bureaucracy, emphasizing that unelected officials are behind most laws, not Congress. He called for bipartisan efforts to dismantle the regulatory state. Ramaswamy emphasized that reducing bureaucratic power will drive prosperity...
Binance Secures Regulatory License in Kazakhstan for Crypto Trading
2.10.2024
Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country...
Bitcoin should be treated as a commodity, like gold — Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
28.9.2024
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil
MiCA threatens crypto firm exodus to Middle East: Regulatory expert
27.9.2024
The upcoming regulatory framework could threaten a mass crypto exodus to the Middle East due to more favorable regulations
Dubai Regulator Increases Scrutiny on Crypto Companies
27.9.2024
Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance...
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
27.9.2024
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative...
Gary Gensler’s Verdict on Bitcoin; Community Seeks Regulatory Clarity
26.9.2024
In a recent interview with CNBC, SEC Chair Gary Gensler reaffirmed that that Bitcoin is not considered as…
Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator
23.9.2024
Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset Service Provider Status According to Bybit...
Silvergate Shut down Due to ‘Regulatory Changes’, Shares CEO
23.9.2024
Silvergate Capital Corporation CEO Elaine Hetrick shared in a recent filing that sudden regulatory changes led to the…
Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto
22.9.2024
While Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes...
Inside OKX's Strategic Shifts to Its Regulatory Approach, Formula 1 Branding and App Design
19.9.2024
OKX has rethought the strategy in three major areas; the look and tech aspects of its application, its approach toward regulation and expansion, and its brand strategy as the primary partner of McLaren Formula 1 Team, OKX CMO Haider Rafique told CoinDesk in an interview
SEC sues ‘fake’ crypto exchanges in first action on pig butchering scams
19.9.2024
The SEC has taken action against romance scammers for the first time, charging two allegedly fake crypto exchanges with carrying out fraud
Binance’s Yi He Provides Clarity Amid Regulatory Confusion
18.9.2024
Yi He, co-founder of Binance, has addressed concerns about the future of the crypto industry and Binance’s role…
Web3 Innovator: UK Crypto Community Sees Brighter Future Under Labour Government
15.9.2024
The UK’s crypto community has a reason for optimism with the new Labour government, according to Harry Horsfall. Backed by a large parliamentary majority, the Labour government is seen as potentially more decisive in pushing policies favourable to the Web3 industry. Horsfall, CEO of Flight3...
Meta to resume AI training in UK after regulatory pause
14.9.2024
The tech giant will use public information, including posts, comments, photos, and captions from adult users on Instagram and Facebook