Regulation Financial News

22.02 / 03:55

regulation New York State NYDFS New York state announces another upgrade to its virtual currency monitoring capacity

The New York State Department of Financial Services (NYDFS) has announced enhancements to its ability to detect illegal activities with virtual currency among the entities its regulates. The new capacities are part of its efforts to keep pace with the industry and respond proactively to the virtual currency market, it said.

22.02 / 01:13

regulation SEC Liquidity Tokens Proof-of-stake stake Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking

The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of deposit tokens in United States securities and tax law on Feb. 21. The papers were authored by representatives of over 10 industry groups.

21.02 / 21:29

regulation Pump and Dump Market Update Bitcoin Pump-and-dump PUMP Beware of Bing AI chat and ChatGPT pump-and-dump tokens — Watch The Market Report live

This week on The Market Report, the resident experts at Cointelegraph discuss dozens of pump-and-dump tokens purporting to be related to ChatGPT and Bing AI chat.

21.02 / 19:47

regulation coinbase exchanges Drop analysts Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter

Coinbase is expected to report a steep decline in its revenue for the last quarter of 2022 as transactions plummeted and crypto prices dropped to record low levels.

21.02 / 19:09

Stablecoin regulation SEC Paxos Binance USD Paxos is engaged in 'constructive discussions' with SEC: Report

Stablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and Exchange Commission following a Wells notice from the financial regulator.

21.02 / 16:23

CBDC Adoption regulation Africa Central Bank enaira eNaira is 'crippled': Nigeria in talks with NY-based company for revamp

The Central Bank of Nigeria (CBN) continues with its attempts to create its central bank digital currency (CBDC), the eNaira, but this time it’s calling in for backup.

21.02 / 14:37

regulation Trading Legal FTX Withdrawals FTX Japan Crypto Exchange to Resume Withdrawals Today – Here's What's Happening

Fallen crypto exchange FTX's Japanese arm, FTX Japan, has resumed withdrawals.

21.02 / 13:33

regulation Department Of Justice sanctions Interpol Brit who consulted North Korea on crypto reportedly detained in Moscow

The local bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ) in Moscow. He’s being alleged of conspiring to violate U.S. sanctions on North Korea.

21.02 / 08:43

business Law regulation Asia Hong Kong’s crypto ambition gets subtle nod from Beijing: Report

Hong Kong’s ambition of becoming a cryptocurrency hub is reportedly seeing subtle support from the Chinese government, in what could be seen as a contrast to the mainland’s hard-line anti-crypto stance.

21.02 / 07:45

ETF regulation Investments SEC CoinShares regulatory US regulatory crackdown leads to $32M digital asset outflows: CoinShares

Institutional investors may have gotten the jitters on crypto in the wake of the regulatory crackdown in the United States, with digital asset investment products seeing the largest weekly outflow of 2023.

20.02 / 23:17

Binance regulation SEC security Kraken Paxos The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20

New week, a new element of the crypto ecosystem is under attack. This time, the United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD (BUSD) — a dollar-pegged stablecoin. Paxos received a cease order from the New York Department of Financial Services (NYDFS).

20.02 / 21:31

regulation SEC Kraken settlement ‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement

Jesse Powell, CEO of crypto exchange Kraken, has called out United States financial regulators for letting “the bad guys” win to suit their agenda.

20.02 / 20:59

Stablecoin regulation G20 BIS recommendations fall regulatory Many stablecoins fall short of coming regulatory recommendations, says FSB chair

Financial Stability Board (FSB) chair Klaas Knot has outlined how the organization plans to address key threats to financial stability this year in a Feb. 20 letter sent to the G20’s Finance Ministers and Central Bank Governors. Crypto assets and decentralized finance (DeFi) had a prominent place on the list of challenges the FSB saw. The G20 ministers and bankers group is meeting Feb. 24-25 in Bengaluru, India.

20.02 / 16:25

business regulation FTX Bankruptcy BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle

Consequences of the FTX scandal at the hands of its founder and former CEO, Sam Bankman Fried, continue to surface.

20.02 / 14:23

cryptocurrency Adoption regulation Africa Zambia Experiments with Technology to Regulate Cryptocurrency – Here's What You Need to Know

The Ministry of Technology and Science has announced that it is testing technology to regulate crypto as Zambia embarks on its mission to become a regional hub.

20.02 / 13:09

Adoption regulation Bitcoin Regulation Hong Kong outlines upcoming crypto licensing regime

Hong Kong’s Securities and Futures Commission (SFC) calls for public feedback on its newly proposed licensing regime for cryptocurrency exchanges set to take effect from June 2023.

20.02 / 08:51

Blockchain Mining regulation us government transactions Smart Contracts Senate 'Unworkable' bill to ban blockchain immutability is introduced in Illinois

A recently introduced Illinois Senate Bill has been ridiculed by the crypto community over its "unworkable" plans to force blockchain miners and validators to do "impossible things" — such as reversing transactions if ordered to do so by a state court.

20.02 / 00:53

Government Adoption regulation Africa Zambia tests technology for crypto regulation, says minister Mutati

Bank of Zambia and the country's securities regulator are "testing technology" to enable the regulation of cryptocurrencies, said Technology and Science minister Felix Mutati on the ministry's website. The country's move aims to "achieve an inclusive digital economy."

19.02 / 09:55

Law regulation FTX FTX Token creditors Voyager creditors serve SBF a Subpoena to appear in court for a ‘remote deposition’

Representatives for Voyager's Unsecured Creditors have requested that former FTX CEO Sam Bankman-Fried (SBF) and a number of top-level executives from FTX and Alameda Research, provide documents and appear in court remotely next week for a deposition.

19.02 / 06:19

defi regulation SEC Senate ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’

Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims of "illicit financing,” suggesting that she used the platform as a scapegoat to “push” her latest crypto bill, according to a recent statement.

18.02 / 15:47

regulation SEC NBA Star Paul Pierce to Pay $1.4M in Penalties for Promoting EthereumMax

The U.S. Securities and Exchange Commission has charged former NBA player Paul Pierce with violating anti-fraud and anti-touting rules by promoting the EthereumMax cryptocurrency. Pierce has agreed to settle the charges and pay $1.409 million in penalties.

what you should know about regulation

What is regulation and why is it important?

Regulation is a high-demand area that is in the spotlight. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on regulation?

All recent news about regulation can be found in the dedicated section. We publish information in a timely manner.

How can I verify the accuracy of information on regulation?

We consult with professionals to ensure that the information about regulation is accurate and helpful for our readers.