Regulation Financial News

20.11 / 15:25

Law Stablecoin regulation Tether Scams Tether freezes $225M USDT linked to romance scammers amid DOJ investigation

Stablecoin issuer Tether froze roughly $225 million worth of USDT tokens as part of an investigation into a Southeast Asia human trafficking syndicate launched by the United States Department of Justice (DOJ).

19.11 / 02:13

ETF regulation SEC Bloomberg BitGo Bitcoin Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO

Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won't be without challenges.

18.11 / 06:03

regulation Scams AML Money laundering Cybersecurity expert backs Sen. Warren's crypto bill in senate hearing

United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with the support of a cybersecurity expert endorsing her legislation on digital assets to prevent future scams.

17.11 / 22:15

Stablecoin regulation Central Bank Fiat Money BIS ‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would be superior to private stablecoin, a study released by the Bank for International Settlements (BIS) found.

17.11 / 15:37

Ripple regulation SEC Ripple Executive Flags Gary Gensler’s Speech, Highlights SEC’s Shortcomings

Ripple’s Chief Legal Officer Stuart Alderoty has pointed out loopholes in Gary Gensler’s speech at the 2023 Securities Enforcement Forum referring to the Securities and Exchange Commission’s (SEC) “shady” behavior.

17.11 / 11:35

regulation Investments stocks CBOE Bitcoin WisdomTree amends S-1 form spot Bitcoin ETF filing as crypto crowd awaits SEC decisions

The global exchange-traded fund (ETF) provider WisdomTree filed an amended S-1 form spot Bitcoin (BTC) ETF prospectus with the United States Securities and Exchange Commission (SEC) on Nov. 16.

17.11 / 11:05

Law Digital Currency regulation Digital Asset regulatory Global securities body IOSCO unveils crypto regulatory framework proposals

The International Organization of Securities Commissions (IOSCO) — an international regulatory body overseeing global securities markets — has released its conclusive report containing policy suggestions for crypto and digital asset (CDA) markets.

17.11 / 11:05

Adoption regulation Europe investigation Training Ukraine officials get training on crypto and virtual assets investigation

14 Ukrainian officials received advanced training on investigating new-age financial crimes in a training course held from Nov. 14 to Nov. 17 in Vienna, Austria.

17.11 / 11:05

Ripple regulation SEC community Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’

As Gary Gensler reiterated the United States Securities and Exchange Commission’s mandate in a speech, Ripple’s lawyer and various crypto community members responded, criticizing the SEC chair and arguing that the commissioner’s words contradict his actions.

16.11 / 22:21

regulation legislation Public needs to know blockchain use cases, AI needs regulation now — Andrew Yang

Andrew Yang, former candidate for United States president and New York City mayor and founder of the Forward Party, had sobering observations about the uses of blockchain, or its lack of use, in the United States and U.S. regulation of artificial intelligence (AI) when he spoke Nov. 16 at the North American Blockchain Summit (NABS) in Fort Worth, TX.

16.11 / 21:13

Blockchain regulation Failed '$175M' real estate token raise draws ire of Texas regulators

The Texas State Securities Board has accused a network of companies under the "GS" brand and operating from Germany of fraudulent activities "tied to digital assets, investments in a staking pool in a proprietary metaverse." The network of companies is controlled by Josip Dortmund Heit.

16.11 / 19:59

regulation privacy Tornado Cash Crypto Policy Vivek Ramaswamy unveils crypto policy platform criticizing mixer sanctions

Republican U.S. Presidential candidate Vivek Ramaswamy unveiled a crypto policy framework on November 16 at the North American Blockchain Summit (NABS) in Fort Worth, Texas.

16.11 / 17:31

Adoption regulation Europe European Union Euro Bitcoin German parliament member ’staunch opponent’ of digital euro, all in on Bitcoin

The European Union has been actively preparing for what it envisions as the future of money. In the past year, it finalized its landmark comprehensive crypto legislation, the Markets in Crypto-Assets Regulation (MiCA), which is due to take effect in 2024 after closing its second consultation in October.

16.11 / 17:31

Blockchain regulation Dubai’s crypto regulator VARA switches leadership as it ramps up operations

Dubai’s dedicated crypto regulator, the Virtual Asset Regulatory Authority (VARA), is switching leaders as it prepares for the next phase of its “ramp up to full-scale market operations” in 2023.

16.11 / 17:31

regulation Scams Fraud crimes 3AC co-founder Kyle Davies spotted in Bali, sources claim

Three Arrows Capital (3AC) co-founder Kyle Davies has reportedly been seen in Bali as he continues to evade authorities over the collapse of the defunct hedge fund.

16.11 / 14:23

regulation financial conduct authority ESG FCA ESG Trends FCA: Firms have 'further to go' to meet upcoming ESG labelling regulation

The regulator determined that while most fund management firms had made “efforts to comply” with its expectations around the design, delivery, and disclosure of their ESG and sustainable funds “further improvement is needed”.

16.11 / 14:23

regulation financial conduct authority Investment Association Diversity treasury committee services Financial Financial services industry bodies call for greater clarity on FCA D&I proposals

Representatives from the Investment Association, UK Finance, the Alternative Investment Management Association and the Association of British Insurers said the regulator's D&I proposals had been welcomed by members | Credit: iStock

16.11 / 12:49

Law regulation SEC Congress Sab 121 Financial US Congress members urge financial authorities to invalidate SEC’s SAB 121

Several members of the United States Congress have submitted a memo urging key financial authorities, including the chair of the board of the Federal Deposit Insurance Commission and the acting comptroller of the currency, to provide guidance or take action clarifying that the U.S. Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121) is not enforceable following a recent Government Accountability Office (GAO) finding.

16.11 / 09:27

Law regulation Turkey mulls addressing licensing and taxation in new crypto rule

Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “gray list” of an international financial crime watchdog, as Turkey ranks fourth globally in crypto trading.

16.11 / 09:27

business Blockchain regulation Tokens bonds Philippines to sell $179M in tokenized treasury bonds for the first time

The Philippines Bureau of the Treasury announced it would offer 10 billion pesos ($179 million) of one-year tokenized treasury bonds for the first time after canceling the traditional auction scheduled for Nov. 20.

16.11 / 06:05

business Stablecoin regulation Paxos Paxos to issue USD stablecoin in Singapore, wins initial approval

Crypto infrastructure firm Paxos has secured in-principle approval from Singapore’s regulator for a new entity that’s planning the launch of a U.S. dollar-backed stablecoin.

Regulation Financial News

popular questions about regulation

What is regulation and why is it relevant?

Where can I find the latest updates on regulation?

How can I verify the accuracy of information on regulation?