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EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say
11.1.2024
During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to "start on the right footing."
Blockchain Association Addresses Sen. Warren’s Criticism of Crypto Hires
9.1.2024
Source: Pixabay The Blockchain Association has published a public response to Senator Elizabeth Warren’s criticism of the crypto industry’s hiring of former government officials. In an open letter published on January 9th, Blockchain Association CEO Kristin Smith addressed Sen. Warren’s previous...
SEC Meets With Major Exchanges to Discuss Spot Bitcoin ETFs — Analysts Expect Imminent Approval
5.1.2024
The U.S. Securities and Exchange Commission (SEC) has met with officials from major exchanges to discuss spot bitcoin exchange-traded funds (ETFs). Sources close to the proceedings say the securities regulator could begin notifying issuers of spot bitcoin ETF approval on Friday and trading could...
290,000 S Korean Public Sector Employees Forced to Declare Crypto Holdings
3.1.2024
Source: promesaartstudio/Adobe Around 290,000 South Korean public sector workers will be forced to declare their crypto holdings starting from February. Per Maeil Kyungjae, the Ministry of Personnel Management has declared that the rule will also apply to employees’ spouses and next of kin....
China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions
2.1.2024
Image Source: Pexels Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities. The use of cold storage methods for cryptocurrencies, in particular, has become a cause for alarm as it allows these individuals...
ETF Countdowns, Screaming Buys, Happy New Years and 20 Crypto Jokes
30.12.2023
Source: AdobeStock / Wayhome Studio This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This week in crypto: the Bitcoin ETF countdown has begun, representatives from at least seven companies seeking to launch ETFs...
South Korea to Make Officials' Crypto Disclosures Public
27.12.2023
Public officials will also be provided an asset disclosure service starting next year to report crypto and other holdings
South Korea to Mandate High-Ranking Public Officials to Disclose Cryptocurrency Holdings by Next Year
27.12.2023
Source: CJ Nattanai/Adobe South Korea has announced that high-ranking public officials will be required to disclose their cryptocurrency holdings starting next year. In a Wednesday press release, the country’s personnel ministry said this proactive approach is intended to address potential...
New EU Crypto Regulation Allow Governments to Freeze and Seize ‘Unexplained Wealth’ Believed Tied to Crime
26.12.2023
EU has passed expanded powers allowing governments to freeze and confiscate crypto tied to a crime. Image by Vitalii Vodolazskyi, Adobe Stock. European Union officials reached an agreement on December 12 on new crypto regulations that will grant member states expanded powers to freeze...
SEC Meets with Seven Bitcoin ETF Applicants as 29 December Deadline Approaches: Reuters
25.12.2023
Source: AdobeStock / Backcountry Media Representatives from at least seven companies seeking to launch exchange-traded funds (ETFs) linked to spot Bitcoin (BTC) have met with officials from the Securities and Exchange Commission (SEC). According to a report by Reuters, the discussions, based...
SEC “Deeply Regrets” Handling of Debt Box Case, New Court Filing Reveals
22.12.2023
The United States Securities and Exchange Commision (SEC) has apologized for its handling of a lawsuit against decentralized blockchain project, Debt Box, according to new court documents. Walking it back “The Commission takes this Court’s concerns seriously and deeply regrets these errors,”...
Big Money Management Firms Expect SEC to Greenlight Spot Bitcoin ETFs by January 10
21.12.2023
Source: AdobeStock / Backcountry Media Big money management firms expect the Securities and Exchange Commission (SEC) to grant approval for the first “spot” Bitcoin (BTC) exchange-traded fund (ETF) in early January. According to sources close to these firms, recent guidance from...
Blockchain Association’s Employment of ‘Small Army’ of Former Security Officials Angers US Senator Elizabeth Warren
19.12.2023
U.S. Senator Elizabeth Warren has criticized the Blockchain Association’s use of former security officials to push back against her attempts to link crypto to terrorism funding. Warren claimed that the ease with which U.S. officials can leave their positions in government to work as lobbyists shows...
SEC’s Dialogue With Wall Street Behemoth BlackRock Regarding Spot Bitcoin ETF Application Continues – Approvals Coming in January?
15.12.2023
BlackRock Office Officials from the US Securities and Exchange Commission (SEC) met with three employees of BlackRock on Thursday to discuss the asset manager’s application to set up a spot Bitcoin Exchange Traded Fund (ETF), as per a memorandum released by the SEC on Friday. Blackrock met with...
National Security Officials Discuss to Combat DPRK’s Crypto Illicit Use in WMD Programs
11.12.2023
Source: Adobe National Security Advisors of the United States, South Korea and Japan convened to discuss a collective response to North Korea’s illicit crypto financing for weapons of mass destruction programs (WMD). The discussions were held during a trilateral meeting at the White House...
South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’
6.12.2023
Source: Tatyana Maksimova/Adobe South Korean law enforcers are continuing to crack down on crypto-powered crime, with customs officials shutting down a suspected international gambling ring that used USDT. According to the broadcaster KBS, officers arrested seven people in raids, with one remanded...
SEC’s Absence at Binance Settlement Announcement Raises Questions
5.12.2023
SEC building. Source: Adobe / qingwa The recent $4.3 billion settlement between Binance and various US government agencies, announced by top Biden administration officials, has stirred controversy due to the absence of Securities and Exchange Commission (SEC) Chair Gary Gensler at the announcement....
SEC Holds Meetings with Grayscale, BlackRock on Bitcoin ETFs
1.12.2023
Source: SEC The U.S. Securities and Exchange Commission (SEC) has recently held meetings with Grayscale and BlackRock to discuss their filed applications regarding spot Bitcoin exchange-traded funds (ETFs). SEC Meets with Grayscale to Discuss its Bitcoin ETF Filing A memorandum published by the...
Israeli Officials: 70% Spike in Donations Made to Hamas-Related Charities Since Oct 7
29.11.2023
Image source: Pixabay There has been an increase in donations to charities linked to Hamas following the resistance group’s attack on Israel on October 7. According to Israeli officials, the surge in donations is estimated to be around 70%, CNBC reported on Tuesday. The report noted that...
Indian Authorities Prepare Chargesheet Against 3 Accused in $240M Crypto Scam
28.11.2023
Source: Pixabay The Special Investigation Team formed to investigate the alleged $240 million crypto fraud in India will file chargesheet against the three main accused this week. Over 100,000 victims were duped in an alleged multilevel fake crypto scheme that also involved over 1000 police...