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Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange
7.7.2024
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the platform had claimed....
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
7.7.2024
The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The governor argued the bill was premature and emphasized...
Taiwan Mobile receives VASP license, entry to crypto market
5.7.2024
Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it
Former US solicitor general claims regulators want to ‘debank’ crypto
5.7.2024
Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve
UK crypto advocates call for consistent policy after Labour landslide
5.7.2024
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
5.7.2024
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed....
UK exit poll suggests Labour Party victory, next PM Keir Starmer
4.7.2024
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years
South Korean government to launch crypto transaction monitoring system
4.7.2024
Crypto exchanges subject to a new South Korean law have implemented a system allowing authorities to receive reports on suspicious transactions
South Africa Approves 63 Crypto Asset Service Provider License Applications
4.7.2024
South Africa’s financial services industry regulator announced on July 2 that it had approved an additional 63 crypto asset service provider license applications. The Financial Sector Conduct Authority (FSCA) has received a total of 383 applications, with only five being declined. Notably,...
EU–US Financial Forum Highlights Cooperation on Crypto Regulation
4.7.2024
The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S. Department of the Treasury. During the forum...
Basel Committee finalizes crypto exposure rules for banks
3.7.2024
The committee is unveiling the standards later in July, culminating a yearslong process
Basel Committee finalizes crypto exposure rules for banks
3.7.2024
The committee is unveiling the standards later in July, culminating a yearslong process
Bitwise files amended Ethereum ETF S-1 — experts predict July launch
3.7.2024
SEC Chair Gary Gensler said that the commission could give final approvals on spot Ether ETFs sometime in summer 2024, while some analysts are predicting as early as July
South African Regulator Investigates 30 Cases of Unlicensed Crypto Operations
3.7.2024
The Enforcement Division within South Africa’s Financial Sector Conduct Authority (FSCA) has formed a team to investigate individuals or entities operating crypto financial services without proper licenses. Currently, 30 cases are under scrutiny. The FSCA aims to protect the public...
Investors brace for US election outcomes as crypto hits the ballot
3.7.2024
FIT21’s bipartisan support suggests a potential shift in U.S. crypto policy, while investors are focused on long-term trends despite political uncertainty
Binance exec trial will resume July 5 as family reports health problems
3.7.2024
Though Nigeria's tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering
UK voters call for candidates to consider crypto as election looms
3.7.2024
It’s unclear what a Labour Party government could mean for digital assets in the U.K., but according to one poll, many voters want politicians to consider the industry
Crypto losses reach $1.19B in H1 2024: CertiK calls for better security
3.7.2024
The CertiK report shows that phishing attacks led to nearly $498 million in losses, emphasizing the urgent need for enhanced security measures like 2FA
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
3.7.2024
The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the holding company for Silvergate Bank, and its former executives for misleading...
Judge signs off on expedited schedule for Consensys suit against SEC
2.7.2024
While Judge Reed O’Connor granted the SEC an extension to respond to Consensys’ lawsuit, he also approved a timeline for considering the case’s merits proposed by the firm