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SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
NYDFS Proposes New Guidelines on Listing and Delisting Crypto on Trading Platforms
18.9.2023
The New York Department of Financial Services (NYDSF) seeks to introduce new guidelines on the listing and delisting of digital assets by venture capital entities.
On Sept 18, the financial watchdog published new proposals to guide digital asset exchanges on multiple issues including listing...
Virtual Currency Chief at NYSDFS Leaves to Pursue a Career in Private Sector
15.9.2023
Peter Marton, the deputy superintendent of virtual currency at the New York State Department of Financial Services (NYSDFS), will be stepping down from his position at the end of this month.
According to an internal memo seen by FOX Business, Marton will be leaving his job on September 29...
Franklin Templeton Seeks to Offer Spot Bitcoin ETF in US
14.9.2023
Asset manager Franklin Templeton has joined the race to issue America’s first exchange-traded fund (ETF) that invests directly in bitcoin. The company applied with the U.S. Securities and Exchange Commission (SEC), following in the footsteps of other major investment firms like Fidelity...
CFTC Cracks Down on 3 Defi Platforms for Offering Illegal Derivatives
9.9.2023
The U.S. Commodity Futures Trading Commission (CFTC) has issued orders against the operators of three decentralized finance (defi) protocols. The regulator accused them of committing various violations of commodity laws including illegal trading of digital asset derivatives. U.S. Commodities...
France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris
3.9.2023
The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....
Court Ruling in Favor of Grayscale Clears Path for Bitcoin Innovation in US: Vivek Ramaswamy
1.9.2023
Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should have never reached the courts. Federal Courts...
Binance Finds Way to Serve Belgian Users After Cease Order
31.8.2023
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country. Binance Offers...
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong
31.8.2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step...
Crypto firm Helio Lending gets bond sentence over false license claims
18.8.2023
Melbourne-based crypto lender Helio Lending had previously pleaded guilty to falsely claiming it had an Australian credit license
Valkyrie Files for Ethereum ETF With US Securities Regulator
18.8.2023
U.S.-based asset manager Valkyrie is requesting regulatory approval from the U.S. Securities and Exchange Commission (SEC) for an ether futures exchange-traded fund (ETF). The move follows the acceptance by the SEC of Valkyrie’s application for a spot bitcoin ETF last month. Asset Manager...
Binance seeks protective order against SEC’s ‘fishing expedition’
15.8.2023
The exchange claims the SEC's deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance
Registration Statistics: British Regulator Approves Just 13% Of Crypto Firm Applications - What’s Going On?
14.8.2023
UK’s financial regulator says it has approved only 13% of the total applications by cryptocurrency companies for registration with the body.
The Financial Conduct Authority (FCA) has disclosed that from January 2020, only 38 applications have scaled through out of 291 since it started the...
French Regulator Revises Crypto Rules to Align With EU’s MiCA Law
13.8.2023
France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...
UK Set To Expand Its National Crypto Crime Unit As Organized Blockchain Fraud Surges
7.8.2023
The United Kingdom’s National Crime Agency (NCA) is set to increase its cryptocurrency fraud investigation unit as part of wider plans to halt the increase in financial crimes.
The new move will see the agency hire four new senior investigators to join the financial crime unit to tackle all forms...
Australian financial regulator sues eToro over ‘volatile’ trading products
3.8.2023
The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform
Binance Withdraws Its Crypto License Application in Germany
28.7.2023
The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect...
Ripple Committed to Markets With Clear Rules in Asia and Europe After US Court Win
24.7.2023
Following a partial court victory in the United States, crypto company Ripple intends to stay focused on markets with clear regulations for the industry, including jurisdictions in Asia such as Singapore and Hong Kong. The U.S.-based blockchain firm also plans an expansion in the U.K. and Europe...
Securities Commission Cancels FTX Australia’s License
21.7.2023
Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail customers. ASIC Revokes Financial Services License...
US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application
19.7.2023
The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of Blackrock’s bitcoin ETF application. U.S. SEC to Review...