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New York sets customer service standards for virtual currency entities
30.5.2024
The BitLicense just got a little tougher with new mandatory standards for treating customers right
Former Consensys employee launches new stablecoin amid regulatory uncertainty
29.5.2024
Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives
Hong Kong SFC to compliance check crypto firms offices after license deadline
29.5.2024
A total of eleven crypto asset companies and exchanges have withdrawn license applications ahead of the deadline
Hong Kong Will Inspect Offices of Crypto Platforms as Important Compliance Deadline Looms
28.5.2024
Hong Kong's Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their licensing applications as a key deadline looms, the regulator announced Tuesday
How Bitget CEO Gracy Chen plans to shake up the male-dominated crypto industry
27.5.2024
Cointelegraph heard from Gracy Chen, the newly appointed CEO of Bitget, to understand her strategy leading a top crypto exchange as a female in a male-dominated industry
Casper Labs, IBM launch Prove AI auditing solution on watsonx platform
22.5.2024
Blockchain-based Casper Labs will integrate with “wastonx.governance” to provide enhanced security, access and versioning
Worldcoin Ordered to Cease Operations in Hong Kong Over Privacy Compliance Issues
22.5.2024
Hong Kong’s privacy watchdog on Wednesday instructed OpenAI founder Sam Altman’s Worldcoin project to halt all activities in the region. This includes scanning and collecting iris and facial images from the public using iris-scanning devices.
The post Worldcoin Ordered to Cease Operations in Hong...
Turkey Drafts Crypto Bills To Align With International Standards
17.5.2024
The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms.
The post Turkey Drafts Crypto Bills To Align With International Standards appeared first...
Binance helps Taiwan solve $6.2M crypto fraud
17.5.2024
Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud
French Regulator Warns Investors For Using ByBit Despite Ban
17.5.2024
ByBit has been under scrutiny in France for its lack of non-compliance with current regulations and was blacklisted in 20 May 2022.
The post French Regulator Warns Investors For Using ByBit Despite Ban appeared first on Cryptonews
Crypto casinos can onboard millions of users into Web3 — MyPrize CEO
16.5.2024
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption
Worldcoin beefs up security by open-sourcing biometric data system
15.5.2024
Worldcoin Foundation open sources a secure multi-party computation (SMPC) system to enhance biometric data protection and confirmed that users can now securely delete old iris codes
KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance
15.5.2024
Kucoin has made the decision to suspend all naira-based P2P trading in response to increased scrutiny from Nigeria's regulatory authorities.
The post KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance appeared first on Cryptonews
Regulators are cracking down on financial privacy, but ZK-proofs can help
14.5.2024
The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy
Canada’s Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike
14.5.2024
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau...
SEC Opposes Coinbase’s Appeal Request in Ongoing Legal Battle
11.5.2024
The U.S. Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal, following a recent court decision that allowed a lawsuit involving the SEC and the cryptocurrency platform to proceed. Last month, Coinbase sought appellate review after...
Prometheum's Contentious Answer to Crypto Compliance Is Running Late
9.5.2024
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will fully comply with U.S. Securities and Exchange Commission (SEC) demands. The doors have so far stayed shut well past the target date, but the company...
House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto
9.5.2024
The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks....
Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities
9.5.2024
Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the market regarding crypto tokens being securities. His request followed Gensler’s repeated assertions that numerous crypto tokens conform to...
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