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Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products
17.5.2022
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator also proposed that public figures be held liable for any law violations when promoting crypto...
California regulator will revisit long-running ban on crypto donations on May 19
16.5.2022
“This has been on our radar since late last year,” said California’s Fair Political Practices Commission communications director Jay Wierenga
Regulator's Proposal to Ban Indian Celebrities From Endorsing Crypto Has Not Been Discussed by Ad Policy Body
16.5.2022
India's market regulator, the Securities and Exchange Board of India, has suggested that no celebrities should endorse crypto products
German Regulator Calls For New DeFi Laws
16.5.2022
BaFin's Birgit Rodolphe said decentralized applications like insurance, lending and securities could be subject to significant fraud and losses, and called for EU-level laws
Report: Central African Banking Regulator Says Crypto Ban Still Effective
15.5.2022
An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition is designed to ensure financial stability is maintained within the economic bloc. COBAC to Set...
Nigerian SEC Announces New Rules Governing Issuance of Digital Assets
15.5.2022
The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and Exchange Commission (SEC) has announced new rules...
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
14.5.2022
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank...
Binance Stops Crypto Derivatives Trading in Spain at Regulator’s Request – Report
9.5.2022
A media outlet has claimed that the crypto exchange Binance has been forced to halt all crypto derivatives trading in Spain at the behest of the national markets regulator....
Read More: Binance Stops Crypto Derivatives Trading in Spain at Regulator’s Request – Report
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...
Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives
6.5.2022
The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain....
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
6.5.2022
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services more accessible to all,”...
Dubai Virtual Assets Regulator Establishes HQ in the Metaverse
5.5.2022
The Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s...
Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement
5.5.2022
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.”...
From within: Dubai's virtual asset regulator plans to open HQ in metaverse
4.5.2022
The move came less than two months after Sheikh Mohammed bin Rashid Al Maktoum established VARA and announced a new legal framework for crypto in Dubai
Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers
3.5.2022
Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face fines, among other penalties, including prohibition to carry out their...
SEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’
3.5.2022
The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to police wrongdoing in the crypto markets while continuing to identify disclosure...
Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
1.5.2022
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator....
Belgian financial regulator FSMA to regulate crypto exchange services
30.4.2022
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000)
Banks Don’t Need Extra Crypto Protections Yet, EU Regulator Says
29.4.2022
The European Banking Authority said it will kick off work to map out crypto activities and spot new financial risks this year
Singapore’s Central Bank: We Want to Be a Responsible Global Crypto Hub
29.4.2022
The Monetary Authority of Singapore (MAS), the country’s central bank and the regulator of the crypto sector, says that its licensing process for digital asset service providers needs to be stringent. “It needs to be because we want to be a responsible global crypto hub with...