Regulation - Tag Archives - Cryptonews (Page 76)

South Korean MP Wants to Launch a Fund to Help Struggling Crypto Investors

A South Korean politician wants the government to create a special fund to help crypto investors who have suffered losses in the markets – and says that crypto exchanges should foot the bill.News1 reported that Kim Byung-wook, an MP for the opposition Democratic Party, told a group of...

, by Tim Alper

Pressure on SEC Chair Rises as Even WSJ Accuses Gensler of ‘Holding Investors Hostage’ with Bitcoin ETF Stance

The US Securities and Exchange Commission (SEC) Chairman Gary Gensler is “taking investors hostage” with his insistence to deny spot Bitcoin (BTC) exchange-traded products (ETPs) and exchange-traded funds (ETFs) to launch in the US, the influential Wall Street Journal said in its...

, by Fredrik Vold

Regulatory Scrutiny Increasing as Crypto Becomes Financial Stability Risk – Report

There has been a sharp increase in regulations targeting the crypto space, with regulatory bodies mainly in North America and Europe aiming for everything from non-fungible tokens (NFTs) to stablecoins and ordinary cryptocurrencies, found a global RegTech (regulatory technology) firm CUBE.In...

, by Fredrik Vold

NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFTs news The Austrian Post, the country’s postal service, launched a new product category called Crypto stamp art (CSA) which...

, by Linas Kmieliauskas

EU Lawmakers Want Anti-Money Laundering Rules To Cover NFTs

With the European Union advancing work on new regulations that could exert a significant impact on the crypto industry, a group of members of the European Parliament have proposed an amendment to the bloc’s anti-money laundering (AML) legislation that would cover non-fungible token...

, by Jaroslaw Adamowski

Singapore Mulls New Crypto Rules, KuCoin Denies Rumors, Meta Closes Novi + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Regulation news The Monetary Authority of Singapore (MAS), the central bank and financial regulator of Singapore, "has...

, by Linas Kmieliauskas

Japanese Trust Banks Likely to Gain Permission to Handle Crypto from Autumn

Japan is set to allow trust banks to manage cryptoassets – after a top financial regulator announced plans to roll out legislation that could become legally binding later this year.The newspaper Nikkei reported that the Financial Services Agency (FSA), the body that polices both the...

, by Tim Alper

Celsius’ Options, Tether’s Commercial Paper, Blockchain.com vs. Three Arrows + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Investments news Troubled crypto lender Celsius Network (CEL) announced that they “continue to take important...

, by Sumejja Muratagić-Tadić

Global Anti-Money Laundering Watchdog Presses Countries, Crypto Exchanges to Implement Key Requirement Faster

The Financial Action Task Force (FATF) is intensifying its pressure on virtual asset service providers (VASPs) and countries to accelerate the implementation of its rules on digital assets, as only a quarter of responding jurisdictions are currently making efforts to pass legislation to...

, by Jaroslaw Adamowski

‘More Work to Be Done’ as EU Imposes Strict New Crypto Regulations

After the EU has reached an agreement on cryptoasset regulation that sets out strict rules for all actors in the crypto market, the crypto industry reminds itself that there's still "more work to be done."Rebecca Rettig, the general counsel for decentralized finance (DeFi) platform Aave...

, by Fredrik Vold

Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Regulation news The Monetary Authority of Singapore (MAS) reprimanded hedge fund Three Arrows Capital for providing false...

, by Linas Kmieliauskas

Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal

After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.”According to a new...

, by Fredrik Vold

EU Institutions Reach Provision Agreement On Controversial ‘Unhosted Wallets’ Regulation

The European Parliament and the Council of the European Union have reached a provisional agreement on the Transfer of Funds Regulation (TFR) that is to ensure crypto transfers can be traced and that transactions considered suspicious are blocked, potentially paving the way for tougher...

, by Jaroslaw Adamowski

Kazakh President Says Government Must Make ‘Favorable’ Conditions for Crypto Industry Development

Kazakhstan’s President Kassym-Jomart Tokayev has told ministers to create “favorable conditions” for a new “digital” ecosystem that makes use of “cryptocurrencies and digital assets.”Per Kaztag, which quoted the presidential press service, Tokayev was...

, by Tim Alper

Regulatory Fog Remains as SEC Chief Doesn’t Mention Ethereum as a Commodity, Does Not Say Bitcoin is the Only One Either

Ethereum (ETH) advocates have reacted after the United States Securities and Exchange Commission (SEC) Chairman Gary Gensler refrained from labeling the coin a commodity – and instead chose to name bitcoin (BTC) among the tokens the SEC chiefs before him deemed a non-security. He,...

, by Tim Alper

G7 Inadvertently Makes the Case for Bitcoin with New Gold Move

The Group of 7 (G7) countries are inadvertently making the case for Bitcoin (BTC), as gold’s shortcomings are becoming more obvious after a new move to ban imports of Russian gold.The move to ban gold imports from Russia was announced by the US, UK, Japan, and Canada during the G-7...

, by Fredrik Vold

# Regulation (Page 76)

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