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Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
8.5.2024
Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8
FCA crypto regulators will take the best from TradFi and DeFi, says exec
8.5.2024
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best
Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance
8.5.2024
The committee was established by the Commodity Futures Trading Supervisory Agency, known as Bappebti, because crypto is considered a commodity in Indonesia
SEC’s Gary Gensler is getting irked being asked about crypto
8.5.2024
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market
India Working on Offline Transferability of Digital Rupee, Says Central Bank Governor
8.5.2024
India’s central bank, the Reserve Bank of India (RBI), is in the process of making its central bank digital currency (CBDC) available without relying on internet access. RBI Governor Shaktikanta Das has emphasized the importance of ensuring the digital rupee’s ease of use. RBI Governor...
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
8.5.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it...
Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
7.5.2024
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange
Philosopher Yuval Noah Harari warns of AI’s risks in finance
7.5.2024
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system
SEC pushes back against Terraform’s claims fraud happened outside US
7.5.2024
Lawyers for the commission cited several examples of Do Kwon touting UST to U.S. investors and Terraform’s former communications head making false claims about the stablecoin
Crypto is ‘top of mind for voters’ in US swing states — Harris Poll
7.5.2024
A majority of respondents with crypto-positive views said they intended to vote in 2024, where tight elections in certain states could swing to either political party
Crypto options desk QCP Capital wins Abu Dhabi license: Report
7.5.2024
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region
Philippines Regulator to Unveil Cryptocurrency Regulatory Framework in Second Half of 2024
7.5.2024
Emilio B. Aquino, chairperson of the Securities and Exchange Commission in the Philippines, announced plans to introduce a regulatory framework for cryptocurrency in the latter half of 2024. Aquino expressed optimism that tech giants Apple and Google will promptly comply with the SEC’s request...
CFTC Chairman Says Expect Regulators to Crack Down on More Crypto Firms
7.5.2024
The Commodity Futures Trading Commission chairman Rostin Behnam said cryptocurrency firms can expect to see more enforcement action from U.S. regulators in the next 6 to 24 months as retail interest in the asset class increases.
The post CFTC Chairman Says Expect Regulators to Crack Down on More...
Crypto firms to see more enforcement actions within 2 years — CFTC chair
6.5.2024
Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation
The SEC Can’t Stop Suing Crypto Companies
6.5.2024
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case
Fairshake PAC and affiliates raise $102M to support crypto candidates
6.5.2024
The Super PAC and its two affiliates have backed ads or otherwise supported efforts for crypto-focused candidates from both major political parties
Robinhood Hit With Wells Notice By SEC
6.5.2024
Robinhood found itself in hot water with the United States Securities and Exchange Commission (SEC) this weekend after the digital asset trading platform reportedly received a Wells Notice from the federal agency amidst its crackdown on crypto, a new court filing alleges.
The post Robinhood...
SEC Issues Wells Notice to Robinhood Over Crypto Operations
6.5.2024
A report indicates that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the financial services provider Robinhood. This action by the SEC concerns the company’s operations in the cryptocurrency sector and its listing of crypto assets. SEC Mulls Enforcement...
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews
Turkish crypto bill: 5 things to know before it’s introduced
6.5.2024
Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process