Regulation — Page 98

Nathaniel Chastain Convicted of Wire Fraud and Money Laundering for Illicit Profits

May 10th Hearing to Address Regulatory Gaps in Wake of SEC and CFTC Actions

Robert F. Kennedy Jr. joins other potential candidates in calling for greater regulation of the cryptocurrency industry.

The Blockchain Association, a trade organization representing the cryptocurrency and blockchain industry, has announced it will leave New York due to the state's "aggressive" approach to cryptocurrency regulation and …

The French National Assembly's Economics Committee passed a law prohibiting social media influencers from endorsing high-risk financial services like cryptocurrencies. This legislation aims to promote transparency and…

Concerns about pollution, economic impacts, and energy consumption have led to proposed taxes on cryptocurrency mining companies.

DeSantis' Latest Proposals Aim to Counter "Woke Politics" and Protect Individual Freedoms

Regulatory Body Questions Binance.US's Unlicensed Operation and Voyager Digital's VGX Token Sales During Bankruptcy Hearing

A former product manager at OpenSea, Nate Chastain, has been charged with insider trading of non-fungible tokens (NFTs) and is currently on trial. Chastain allegedly used his position to purchase NFTs that would be fe…

The SpecTor operation resulted in the arrest of 288 vendors and the seizure of $53.4 million worth of cash and crypto, primarily from dark web drug markets, as part of a broader crackdown on illicit crypto transactions.

Ripple lawyer John Deaton argues that the regulator is pushing the boundaries of what constitutes a security and exploiting legal ambiguity, with potentially "enormous" economic and legal consequences.

Crypto companies in the United States are warning against heavy-handed regulation, hoping that the United Kingdom takes a different approach. Web3 firms, including a16z, Coinbase, and Polygon, are urging the U.K. Trea…

US crypto entity, Poloniex LLC, which was previously affiliated with Poloniex crypto exchange, has agreed to pay $7.59 million to settle allegations of sanctions violations with the US Treasury Department's Office of …

The cryptocurrency industry is hoping to fight back against the recent crackdown by the U.S. Securities and Exchange Commission (SEC) with a long-shot argument based on the "major questions doctrine" adopted by the Su…

The European Parliament has MiCA

US lawmakers are planning to introduce comprehensive legislation to regulate the cryptocurrency sector within the next two months, according to Representative Patrick McHenry, chair of the House Financial Services Com…

Blockchain data analytics firm Chainalysis estimates that global crypto illicit transaction volume rose to an all-time high of $20.1 billion, up from last year’s estimate of $14 billion.

El Salvador is the first country to declare Bitcoin (BTC) legal tender but other jurisdictions appear to be set on following its footsteps and plan on making the world’s largest crypto in terms of market cap also decl…

Influencers may still be hired to convince potential investors but the new code stipulates that he or she must “share factual information only.”

A high-ranking trade official views crypto as playing a major future role in the country’s foreign trade.

The scheme, which took place in or around October 2020, involves foreigners posing as agents of American law enforcement.

Should the project pushes through, the newly minted token could be used to settle international settlements according to Alexander Brazhnikov, the Executive Director of the Russian Association of Cryptoeconomics, Arti…

Deputy director-general of the Financial Services Agency’s Strategy Development and Management Bureau, Mamoru Yanase, stressed the need to properly regulate the crypto sectors considering its rapid growth in recent ye…

As part of a compliance investigation, NTS tax investigators searched the crypto exchange's offices in Seoul, the nation's capital, on January 10.

None of the 60 AMF-registered firms opted to secure a DASP license.

The decision for setting up a national crypto exchange is part of the government’s broader financial reform which was initiated in December last year.

The new law also allows total crypto losses in a tax period above 2,000 euros to be counted as tax deductions.

According to the DFPI, the complainants claimed to have lost anything from $2,000 to as much as $1.2 million in certain instances.

The trials will be carried out with interested companies but it was not mentioned which market participants will take part in the pilot.

Once the Investments and Securities Act 2007 (Amendment) Bill is signed into law, it will allow the country’s Securities and Exchange Commission to “recognize cryptocurrency and other digital funds as capital for inve…

The Shark Tank star shared his views on the collapse of the crypto exchange FTX on Wednesday during a congressional hearing titled “Crypto Crash: Why the FTX Bubble Burst and the Harm to Consumers,” which was held bef…

The regulator alleges that Bankman-Fried and his inner circle took loans from Alameda amounting to hundreds of millions of dollars.

The finance bill, which aims to change the excise and duty statutes, has provisions that would enable the government to levy taxes on crypto and other digital currency transactions, according to Nigeria's finance mini…

The ruling coalition plans to give taxpayers the option to declare the worth of their digital assets as of Jan. 1, 2023, and be subject to a 14% tax rate.

Yellen compared the recent FTX collapse to the collapse of Lehman Brothers, which filed for Chapter 11 bankruptcy in 2008 and triggered a massive stock market downturn that eventually led to a $700 billion bailout by …

The first phase of the retail digital currency experiment will involve four banks including the State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank, and will cover four cities.

With the company’s announcement, FTX's remaining staff and contractors will soon receive nearly three weeks’ worth of salary, which was probably stopped after the company declared bankruptcy on November 11.

The new network envisioned by Putin will be totally independent of banks and the interference of countries, which is harmful to participants.

Japan is still undecided on whether or not it will issue a central bank digital currency or CBDC but it has not stopped the Bank of Japan (BOJ) from experimenting with a potential digital yen.

The pilot will eventually involve all of the country’s commercial banks at some point.