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New Canadian rules for crypto trading platforms leave little room for stablecoins
22.2.2023
The Canadian Securities Administrators has tightened registration requirements for crypto exchanges for the second time, after the disorder seen in 2022
NBA-Branded 'Top Shot' Moment NFTs May be Securities, Judge Rules in Dapper Labs Case
22.2.2023
Dapper Labs’ NBA-branded “Top Shot” non-fungible tokens are securities, a federal judge ruled Wednesday.This is a developing story and will be updated
Canadian Crypto Trading Platforms Face 'Enhanced' Rules Under New Regulations
22.2.2023
The Canadian Securities Administrators published new guidance for the local crypto industry Wednesday, warning exchanges and other platforms they would have to abide by "enhanced investor protection commitments."
Israel's Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement
22.2.2023
The recommendations target consumer protection, risk management and prudential requirements, the Bank of Israel said
TOTHESMART Is Transitioning to Its Own Token What Is the TTS Token Phenomenon?
20.2.2023
PRESS RELEASE. TOTHESMART is a PlayToEarn mining farm built on Binance Smart Chain blockchain. The project works on decentralization principles and believes that the best way to develop community and promote blockchain industry in Mass Adoption is a game engine with open rules of the Game...
Hong Kong Proposes Rules for Crypto Trading Platforms
20.2.2023
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said
Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules
18.2.2023
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and...
Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report
18.2.2023
Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply...
Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations
16.2.2023
The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules...
Canada Close to Tightening Rules for Crypto Exchanges: Sources
16.2.2023
Later this month, Canada’s umbrella markets regulator, the Canadian Securities Administrators (CSA), will tighten requirements for cryptocurrency exchanges operating in the country, according to two people who have been briefed on the plans
Crypto Under Scrutiny: SEC's New Custody Rules Take Aim at Digital Assets – Regulation Incoming?
16.2.2023
The U.S. Securities and Exchange Commission has unveiled a set of new rules designed to enhance the protection of investors’ assets in response to the string of collapses of major crypto businesses last year, raising concern amid industry players that more crypto-focused regulation could be in...
SEC proposes tougher rules as part of its crypto custody crackdown
16.2.2023
The new proposals set forth by the Gensler-led SEC seek to “expand the scope” of rules set out by the 2009 Custody Rules
SEC Chairman Proposes Amending Federal Custody Rules to Cover ‘All Crypto Assets’
16.2.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has proposed amending federal custody rules to cover “all crypto assets.” The SEC chief said: “Though some crypto trading and lending platforms may claim to custody investors’ crypto, that does not mean they...
Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules
14.2.2023
TuongVy Le, a partner and head of regulatory & policy at investment firm Bain Capital, says the agency is refraining from passing a rules-based framework and has to make it clear what digital assets it would deem compliant under its jurisdiction
France to Tighten Crypto Registration Rules Next January
13.2.2023
The plan, set to be rubber-stamped by the National Assembly and Senate, veers away from a more onerous proposal to require a license as of October
Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
13.2.2023
Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules
SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters Staking Program
10.2.2023
Other platforms that offer yield-earning programs should "take note" and come into compliance, the regulator said a day after crypto exchange Kraken said it will pay a $30 million fine to settle SEC charges
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
Binance Recruits Brussels Lobbyist as EU Develops Crypto Rules
9.2.2023
The leading crypto exchange is seeking to extend influence as the company extends its push into the increasingly regulated bloc
Dubai Prohibits Privacy Coins Under New Crypto Rules
8.2.2023
The issuance of anonymity-enhancing crypto like Zcash and monero are banned under the Emirate's new regulations for digital assets