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Judge Rules Against Gemini, Genesis Motion to Dismiss SEC Case Against Earn Product
13.3.2024
A New York judge has ruled that the U.S. Securities and Exchange Commission (SEC) case against crypto lender Genesis and crypto exchange Gemini will be allowed to move forward, denying the two defendants’ motions to dismiss in a Wednesday court filing
EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
13.3.2024
The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
12.3.2024
The U.K. started a consultation on its money laundering rules on Monday
Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity
12.3.2024
Coinbase takes legal action against the SEC, pressing for a court order to compel the regulatory body to start developing specific rules for crypto operations and oversight.
The post Coinbase Sues SEC for Crypto Rulemaking Refusal, Calls for Clarity appeared first on Cryptonews
Do Kwon Can Be Extradited to South Korea, Montenegrin Court Rules: Reports
7.3.2024
Kwon successfully appealed a previous decision by the same court to send him to the U.S. instead
No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief
7.3.2024
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5.
The post No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief appeared first on Cryptonews
US Court Rules Crypto Trades on Secondary Markets as Securities Transactions
4.3.2024
In a pivotal insider trading case, a U.S. court has ruled that trading of crypto assets on secondary markets like Coinbase constitutes securities transactions, setting a new legal precedent.
The post US Court Rules Crypto Trades on Secondary Markets as Securities Transactions appeared first...
Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi
28.2.2024
Warren reiterated her disdain for the industry in an interview
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
23.2.2024
The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show
Turkey’s Legislators Meet Stakeholders to Discuss Crypto Regulation, Pledge Security and Innovation in Draft Law
21.2.2024
Turkey’s legislators met with digital asset stakeholders in a consultative meeting to discuss incoming crypto market rules.
The post Turkey’s Legislators Meet Stakeholders to Discuss Crypto Regulation, Pledge Security and Innovation in Draft Law appeared first on Cryptonews
Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
21.2.2024
Public consultations on stablecoins and over-the-counter trading are already in progress
Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says
21.2.2024
Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with representatives of the crypto sector to discuss upcoming regulations
Japanese Government Plans to Relax VC Crypto Investment Rules
19.2.2024
VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...
FTC Updates Rules to Address AI Deepfake Threats to Consumer Safety
16.2.2024
The US Federal Trade Commission (FTC) proposed making new updates on an artificial intelligence (AI) deepfake rule on February 16. The government agency said the proposed rule changes would protect users from AI impersonations. According to the ‘Rule on Impersonation of Government and Businesses’...
SEC’s Revised ‘Dealer’ Definition Sparks Concerns Over Impact on Crypto Innovation
13.2.2024
The U.S. Securities and Exchange Commission (SEC) has adopted rules to require firms that act like dealers to register with the Commission. A lawyer explained that the securities regulator took a shot at decentralized finance (Defi) with the rules, which explicitly target decentralized...
Philippines Rules Out Blockchain for Wholesale CBDC Seen Likely by 2026: Report
12.2.2024
The country's central bank does not plan on issuing a retail version of the digital currency
Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct
9.2.2024
An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Earner engaged in unlicensed financial services conduct when offering...
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
9.2.2024
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking
Argentine President Javier Milei Rules out Dollarization Process in 2024
8.2.2024
Javier Milei, the libertarian president of Argentina, has ruled out the possibility of applying his dollarization plan during 2024. In an interview with local media, Milei stated that while dollarization and the free convertibility of coins was the final goal of his administration, there was...
Hong Kong Seeks Input on OTC Crypto Trading Rules
8.2.2024
Hong Kong on Thursday announced a consultation on regulating over-the-counter (OTC) crypto trading. The Financial Services and the Treasury Bureau consultation seeks to establish a conceptual framework for licensing virtual asset OTC services. Under the regime, operators would be mandated to obtain...