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UK Regulator Saw 'Poor' Engagement From Some Overseas Crypto Firms on Upcoming Ad Rules
2.10.2023
With the rules set to take effect Oct. 8, officials at the Financial Conduct Authority have a plan to tackle non-compliant firms, CoinDesk was told
Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
2.10.2023
Chia Network cut a third of its workforce today as the blockchain platform sought to reestablish a lost banking relationship, the company told CoinDesk, further delaying what Chia had hoped would be a rapid path to listing as a public company
FTX's Former Auditor Prager Metis Sued by SEC
2.10.2023
The regulator alleged in a court filing that the firm had entered into contracts with clients that violated auditor independence rules
Coinbase Obtains Payment License in Singapore
2.10.2023
Last week the company attained regulatory approval in Bermuda and registered with Spains central bank
Coinbase Attains Full License to Expand Crypto Payment Services in Singapore
2.10.2023
Crypto exchange Coinbase has secured a full major payment institution (MPI) license under Singapore's Payment Services Act.
Coinbase announced that the recent development comes nearly a year after Coinbase received preliminary approval from the Monetary Authority of Singapore (MAS).
With this...
Kenyan Authorities Accuse Worldcoin of Espionage and Statehood Threats
2.10.2023
Kenyan authorities have accused Worldcoin of engaging in acts of espionage and posing a threat to the country's statehood.
The accusations stem from an ongoing investigation by Kenya's Ad hoc committee, which was initiated following concerns raised by the public regarding Worldcoin's activities...
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto
1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...
Former US President Donald Trump May Change Crypto Stance Dramatically, Says Ex-SEC Official
1.10.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement says former U.S. President Donald Trump’s anti-crypto stance may change dramatically. He further predicted that if a Republican is elected U.S. president, a Republican-appointed SEC chair would, at...
Expect new crypto regulations to follow Bitcoin ETFs
30.9.2023
Will Bitcoin ETFs attract more regulatory attention to the crypto industry? We can only hope, because many questions need to be answered
Crypto Biz: Kraken offers stock trading as exchanges adapt to changing regulations
29.9.2023
This week’s Crypto Biz explores Kraken’s securities arm, Gemini’s expansion in India, Binance’s return to Belgium, and an oil company in Argentina investing in crypto mining
BlockFi Says It's Taken Major Step Toward Emerging From Bankruptcy
29.9.2023
Bankrupt Crypto Hedge Fund 3AC's Su Zhu Apprehended in Singapore, Liquidator Says
29.9.2023
Co-founder of the Three Arrows Capital hedge fund was seized at Changi airport, Teneo said
JPEX Crypto Exchange Probe Sees 4 More Arrests: SCMP
29.9.2023
Hong Kong and Macau authorities say they've detained people closely linked to the scandal linked to the crypto exchange, bringing total arrests to 18
Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities
29.9.2023
Stablecoins alone can’t be considered securities, argues the USDC issuer, supported by former commodities regulator Heath Tarbert
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
28.9.2023
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement...
Europe’s Crypto Industry Wants Staking Clarity as Regulations Loom
28.9.2023
The EU and UK may both be contemplating new rules to cover crypto staking — as regulatory action in Switzerland and Singapore offers a cautionary tale
Coinbase Receives Regulatory Approval to List Perpetual Futures Trading to Users Outside US
28.9.2023
The company has been looking to expand globally and announced its international exchange in May this year
EU Seeks More Data on Crypto’s ‘Significant’ Environmental Harm
28.9.2023
The bloc’s executive arm is commissioning a $842K study as it considers what to do about energy-hungry proof-of-work technology
Central Banks Successfully Test Cross Border Trading of Wholesale CBDC Using DeFi
28.9.2023
The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading
CZ Denies He Owns CommEX, Binance Russia's New Owner
28.9.2023
Binance’s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia