Regulation Financial News

04.08 / 03:13

regulation Trading Bitcoin Premium South Korean Banks May Be in Trouble as Regulator Probes Kimchi Premium Bitcoin ‘Irregularities’

South Korean banks could find themselves in the firing line after the government, media outlets, and regulators stepped up the scrutiny of the banks' role in enabling kimchi premium traders to make fast money when trading volumes rise.

03.08 / 14:27

regulation Europe European Union Bitcoin EU crypto community has two weeks to join conversation on crypto data

The European Union’s securities regulator continues to strengthen its focus on cryptocurrency regulation, initiating a move to implement increased scrutiny of crypto transactions.

03.08 / 14:27

Blockchain Technology regulation Fraud PUMP What are crypto pump and dump groups? Are they legal?

Pump-and-dump operations, which fraudulently manipulate prices by disseminating false information, have existed in economic contexts since at least the 1700s. For instance, con artists with shares in the South Sea Company started making false statements about the business and its revenues in the beginning of the eighteenth century.

02.08 / 17:43

Robinhood regulation AML Financial New York financial regulator fines Robinhood's crypto division $30M

The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related to anti-money laundering, cybersecurity and consumer protection laws.

02.08 / 16:37

regulation SEC coinbase AMP Dives as Binance.US Unveils Its Delisting Following the SEC Claim that It is a Security

AMP, the native token of the Amp blockchain, has extended losses following news that Binance.US, the US arm of major crypto exchange Binance, would delist the coin due to the Securities and Exchange Commission (SEC)'s claim that it is a security.

02.08 / 15:01

Law Ethereum regulation Kim Kardashian legal team files motion to dismiss EthereumMax crypto lawsuit

Kim Kardashian’s legal team has filed a motion to set aside a class-action complaint aimed at the businesswoman and other American celebrities.

02.08 / 14:11

Stablecoin regulation Terra stablecoin regulation Financial Singaporean financial watchdog to consult public on stablecoin regulation

The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on Know Your Customer (KYC) and Anti-Money Laundering (AML) issues and do not reflect the specific risks to which the stablecoins are entitled.

02.08 / 12:01

regulation scam NY Attorney General’s Office Asks Crypto Whistleblowers to Provide It with Tip-offs

In the US, New York’s Attorney General says she wants Big Apple-based crypto industry workers and investors to come forward with complaints about unscrupulous crypto firms.

02.08 / 06:23

regulation SEC Fraud Ponzi scheme Sec Charges SEC charges 11 individuals over $300M crypto ‘pyramid scheme’

The Securities and Exchange Commission (SEC) has charged 11 individuals for their alleged role in the creation of a "fraudulent crypto pyramid scheme" platform Forsage.

01.08 / 22:15

Binance regulation SEC Binance US will delist AMP following SEC claim token is a security

United States-based crypto exchange Binance.US said it will be delisting the Amp token “out of an abundance of caution” of possible enforcement by federal regulators.

01.08 / 19:15

Law regulation New York AG calls for whistleblowers 'deceived or affected' by the crypto market crash

New York Attorney General Letitia James has opened the doors for investors who may have witnessed misconduct at a crypto firm amid the extreme market volatility to file a complaint as a whistleblower.

01.08 / 16:35

business Adoption regulation Dubai Dubai regulation check: Which companies got approvals recently?

Dubai has positioned itself as one of the most crypto-friendly cities, establishing a new regulator to cement the United Arab Emirates (UAE) position in the crypto space. Following this, crypto exchanges began to flock to the region, securing the newly-formed regulator's approval to operate within the region.

01.08 / 16:35

regulation UK government NOT FCA cracks down on the ads of high-risk assets, but not crypto

British Financial Conduct Authority (FCA) demands clearer and more prominent risk warnings from the companies marketing high-risk investments. Certain investment incentives, such as refer a friend bonus, will be banned altogether.

01.08 / 15:35

Adoption regulation Bitcoin Huobi gets green light as exchange provider in Australia

Crypto exchange Huobi can begin offering cryptocurrency exchange services in Australia after its registration as a digital currency exchange provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC) on Aug. 1. This means Huobi can now offer fiat to cryptocurrency trading services in the country.

01.08 / 08:59

Government Adoption regulation Israel puts the brakes on cash to spur digital payments

Authorities in Israel on Monday has in put in place further restrictions on cash payments as a means to combat illegal activity and spur digital payments in the country.

30.07 / 00:35

regulation white house Science Job Specialist Chips bill provides for blockchain specialist position in White House science office

The United States House of Representatives passed the Chips and Science Act on Thursday by a vote of 243 to 187. The bill, which was introduced into the Senate over a year ago, provides grants and incentives to the semiconductor industry and encourages research. It also creates a blockchain and cryptocurrency specialist position in the White House Office of Science and Technology Policy (OSTP).

30.07 / 00:35

Government regulation NOT Deposits at non-bank entities, including crypto firms, are not insured — FDIC

The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank entities, such as crypto companies.”

29.07 / 14:41

regulation Federal Reserve Voyager Digital blast US Government Bodies Blast Voyager’s 'False and Misleading Statements' On Deposit Insurance

In another sign of dark clouds gathering over troubled crypto platform Voyager Digital, the US Federal Deposit Insurance Corporation (FDIC) and the board of the Federal Reserve (Fed), America’s central bank, have issued a joint letter in which they demand that the company cease and desist from making what they describe as “false and misleading statements regarding its FDIC deposit insurance status” and take action to correct such prior statements.

29.07 / 11:50

Government regulation Scams lawmaker crypto apps US lawmaker calls for Apple and Google to provide info on fake crypto apps

Senator Sherrod Brown, chair of the Senate Banking Committee, has penned letters to the CEOs of Google’s parent company Alphabet and Apple calling for the tech firms to provide information on the ways they prevent certain apps from promoting crypto scams.

29.07 / 11:45

Government regulation policies Final candidates for next UK prime minister have made pro-crypto statements

Rishi Sunak, the former chancellor of the Exchequer, and Liz Truss, Secretary of State for Foreign, Commonwealth and Development Affairs, two of the final candidates to become the next prime minister for the United Kingdom, have both previously expressed pro-crypto views.

29.07 / 11:41

regulation SEC lending Pat Toomey blames the SEC for crypto lending platform crisis

According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a crypto lending platform, that froze their deposits in June.

frequently asked questions about regulation

What is regulation and why is it gaining attention?

Regulation is a significant category that is in the spotlight. On our site, we regularly publish news 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 rely on trusted sources to ensure that the information about regulation is well-supported and helpful for our readers.