Government Financial News

05.07 / 15:17

Government Law SEC Opinion Court The Supreme Court could stop the SEC’s war on crypto

When the leaders of the American Revolution signed the Declaration of Independence on July 4, 1776, they had no guarantee of victory. The battle for independence was underway, and their prospects were uncertain. Despite occasional victories, these audacious freedom fighters were grossly outnumbered and had difficulty retaining volunteer soldiers. Their commitment to the cause of freedom was their only fighting chance.

04.07 / 20:59

Government regulation crimes UK government moves forward on bill aimed at empowering authorities to seize crypto

Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation aimed at expanding authorities’ ability to target cryptocurrencies used for illicit purposes.

04.07 / 15:33

Government Law regulation compliance Financial UK financial watchdog reminds crypto firms of October deadline for marketing compliance

The United Kingdom’s Financial Conduct Authority, or FCA, has announced that all cryptoasset firms marketing to users in the country must be in compliance with its financial promotions regime by October 2023.

03.07 / 10:57

Government regulation P2P Bitcoin Belarus wants to ban P2P cryptocurrency transactions

The Belarusian Ministry of Foreign Affairs is working on legal amendments prohibiting peer-to-peer (P2P) transactions in cryptocurrencies like Bitcoin (BTC).

30.06 / 10:21

Government Law regulation Bitcoin South Korea passes cryptocurrency bill to tackle unfair trading

South Korea's government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem tokens by passing a new crypto bill.

30.06 / 04:09

Government Stablecoin regulation regulatory Crypto 'regulatory approach isn't needed now' — New Zealand central bank

The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.”

29.06 / 23:17

business Government Blockchain Adoption Africa Bitcoin Crypto offers Africans a ‘lifeline’ from inflation and corruption, say execs

While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.

29.06 / 12:07

Government Blockchain Law Adoption committee Support Canadian committee proposes measures to support blockchain, crypto

Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons.

27.06 / 15:49

Government Law regulation us government Opinion Gary Gensler is hurting the little guys for Wall Street

Even the most stalwart crypto supporters could see why the Securities and Exchange Commission might target the crypto industry for some enforcement. Events of the past year — from the failure of Three Arrows Capital to the fraud at FTX — were bound to bring some scrutiny, and the industry has always been too hospitable to blatant hucksters.

27.06 / 13:23

Government regulation Bitcoin ByBit’s MVP license in Dubai ‘very restricted,’ CEO says

Dubai-headquartered cryptocurrency exchange Bybit already operates out of Dubai, but its current licensing doesn’t allow the firm to serve all customers, according to Bybit CEO.

27.06 / 05:47

business Government Blockchain Adoption Binance regulation restrictions Australian Australian banks claim 40% of scams 'touch' crypto as it defends restrictions

Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.

26.06 / 19:33

Government Law regulation SEC lawmaker US lawmaker calls for info from Treasury and SEC on crypto market structure bill

California Rep. Maxine Waters, ranking member of the United States House Financial Services Committee, has called on leadership at federal regulatory agencies to weigh in on a proposed framework for digital assets.

26.06 / 17:57

Government Law regulation Trading South Korean gov’t ethics panel will address lawmaker’s alleged misconduct on crypto trades: Report

The Ethics Investigation Advisory Committee of the South Korean government has reportedly convened to discuss potential disciplinary measures against National Assembly member Kim Nam-kuk for alleged conflicts of interest involving cryptocurrency trades and related legislation.

26.06 / 16:59

Government Law regulation Trading lawmaker South Korean govt ethics panel will address lawmaker's alleged misconduct on crypto trades: Report

26.06 / 06:23

business Government Law Adoption SEC European Union Australia’s token mapping to be ‘tech agnostic,’ says Treasury official

The Australian Treasury’s token mapping of digital assets will adopt a “tech agnostic” and “principles-based” approach in order to define crypto assets, according to a Treasury official.

26.06 / 01:27

business Facebook Government Social Media Google Media safe 'Keep Australia safe': Dystopian draft bill against 'misinformation' unveiled

A draft bill from the Australian government is warning tech and social media giants to remove misinformation from their platforms or be prepared to pay up big fines.

23.06 / 16:43

business Government SEC lending FTX creditors Fine SEC waives BlockFi's $30M fine until creditors are paid

The United States Securities and Exchange Commission (SEC) has agreed to postpone the payment of a $30 million fine from bankrupt crypto lender BlockFi until creditors are paid back. The amount represents the balance of a $50 million settlement with the regulator from February 2022.

22.06 / 06:27

Government NFT Tokens Cyber German intelligence service launches dog-themed NFTs to fetch cyber talent

Germany’s foreign intelligence agency the Bundesnachrichtendienst (BND) has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent.

21.06 / 17:41

Government Law regulation Banks lawmakers US lawmakers US lawmakers propose bills to hold bank execs accountable for failures and address risks

Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first wave” of legislation aimed at addressing failures at major banks.

21.06 / 13:17

Government Law Adoption Binance regulation us government exchanges sec lawsuit Binance SEC lawsuit could dent crypto exchange’s global plans

The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities.

21.06 / 11:01

Government regulation Decentralization Bitcoin Bitcoin Price Bitcoin up 36% YoY after China warned BTC was ‘heading to zero’

The government of China has tried hard to make people believe that Bitcoin (BTC) would become worthless, but its predictions to date have been far off the mark. The original cryptocurrency has gained around 36% since the Chinese government stated it would become worthless in 2022.

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