Regulation Financial News
25.10 / 02:11
Binance
CFTC
regulation
Binance and CZ renew calls to dismiss CFTC lawsuit
Lawyers representing Binance and its CEO, Changpeng “CZ” Zhao, have filed statements in support of a motion to dismiss a lawsuit filed by the United States Commodity Futures Trading Commission (CFTC) in March.
25.10 / 02:11
regulation
Congress
Voting
Pro-crypto lawmaker Tom Emmer wins Republican nomination for House speaker
Republican members of the United States House of Representatives have chosen Tom Emmer, the current majority whip and crypto proponent, as their nominee to be the next speaker.
25.10 / 02:11
Government
Law
defi
regulation
UK government
Largest DeFi protocol on Solana reportedly quits UK market, citing FCA rule
Marinade Finance, the largest decentralized finance (DeFi) protocol running on the Solana blockchain, has reportedly started blocking users from the United Kingdom. Customers in the U.K. discovered the problem on Oct. 23 while trying to access Marinade’s website from local IP addresses and were met with this message:
25.10 / 02:11
ETF
regulation
coinbase
Grayscale
Bitcoin
Bitcoin Price
Cathie Wood’s ARK sells Grayscale Bitcoin Trust shares as BTC hits $34K
Investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares amid a market surge fueled by anticipation of a spot BTC exchange-traded fund (ETF).
24.10 / 15:23
Blockchain
regulation
privacy
security
identity
Safety
Aleo
'Prove You Are You Without Giving Away Your Personal Info' - Aleo Reveals New Privacy-Preserving Credential System
Privacy-focused blockchain platform Aleo has revealed its new decentralized digital identity solution that allows users to reveal only the necessary data and only to whom it’s intended in the form of ‘proofs’ – without ever showing actual documents.
24.10 / 15:23
Binance
CFTC
regulation
Binance.us
"US Law Doesn’t Control the World” Binance Argues in CFTC Lawsuit
Digital asset exchange Binance says the United States Commodity Futures Trading Commission (CFTC) is attempting to transplant its rules to global markets.
24.10 / 09:33
regulation
House Financial Services
Crypto Advocate Rep. Tom Emmer Enters House Speaker Contest with Eight Competitors
U.S. Representative Tom Emmer, a Republican from Minnesota known for his support of cryptocurrencies and criticism of regulators, has announced his bid for House Speaker.
23.10 / 19:29
regulation
companies
financial conduct authority
Asset Managers
Vanguard
UCITS
Vanguard accused of breaching UK asset concentration limits - reports
The group’s £40bn LifeStrategy range seems to have breached the Financial Conduct Authority’s asset concentration limits, which allow UCITS funds to own up to 25% of the units of another vehicle that is registered as a collective investment scheme.
23.10 / 11:17
regulation
Financial Services
Wealth managers
financial conduct authority
FCA
Asset Managers
Fund managers
Registration to vote on Link Fund Solutions' Woodford scheme of arrangement opens
The result of the vote will be announced no later than 5pm on 15 December 2023, according to LFS.
22.10 / 04:17
business
Law
Digital
regulation
privacy
IRS
Kraken
rights
Crypto advocates file amicus brief to address users' Fourth Amendment privacy rights
Cryptocurrency advocacy group DeFi Education Fund (DEF) has urged a United States court to consider the unique aspects of blockchain technology when evaluating the privacy rights of cryptocurrency users under the Fourth Amendment.
21.10 / 06:59
Government
regulation
us government
white house
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
Crypto-friendly Republican Congressman Tom Emmer is pursuing a nomination to become House speaker, with the 62-year-old receiving endorsement from multiple lawmakers.
20.10 / 22:07
hacks
regulation
Court
freeze
Singapore court authorizes freeze order attached to wallets as soulbound NFT
The Singapore High Court has allowed financial investigation firm Intelligent Sanctuary (iSanctuary) to attach nonfungible tokens (NFTs) containing a legal document to cold wallets associated with a hack, according to United Kingdom-based iSanctuary and local press accounts.
20.10 / 22:07
regulation
Europe
European Union
committee
Greece establishes AI advisory committee to create national strategy
Greek Prime Minister Kryiakos Mitsotakis announced the establishment of an advisory committee to create a national strategy for artificial intelligence (AI) in Greece on Oct. 19.
20.10 / 20:15
regulation
Terrorism
FinCEN
Bitcoin Wallet
FinCEN issues alert regarding crypto transactions connected to Hamas
The United States Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, issued an alert for financial institutions as part of efforts to identify “suspicious activity” related to funding terrorist groups.
20.10 / 17:19
Law
regulation
Asia
Updates
Hong Kong securities regulator updates crypto policies, citing market developments
The Securities and Futures Commission (SFC) of Hong Kong announced it will update its policies on virtual currency sales and requirements “in light of the latest market developments and enquiries from the industry.”
20.10 / 14:31
business
Stablecoin
regulation
Tether
Fiat Money
Dollar
Reserve
Time
2024
Tether to publish reserve reports in real time in 2024: Bloomberg
Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing its reserve data reports.
20.10 / 13:21
Binance
regulation
SEC
Chamber of Digital Commerce Joins Industry Leaders to Challenge SEC's Lawsuit Against Binance
The Chamber of Digital Commerce has joined forces with various digital assets firms, associations, legal experts, and legislators to challenge the U.S. Securities and Exchange Commission (SEC) in its lawsuit against Binance.
20.10 / 13:05
Ripple
XRP
regulation
Altcoin
SEC
LBRY
Community reacts to SEC dropping XRP case and LBRY shutdown
Ripple’s latest win in its legal battle against United States securities regulators has been marred by news of the blockchain platform LBRY shutting down operations, which triggered the community to react.
20.10 / 13:05
Law
Binance
regulation
SEC
Chamber of Digital Commerce opposes SEC’s overreach in Binance lawsuit
The United States-based Chamber of Digital Commerce has aligned with various digital assets firms, associations, legal experts and legislators in a collective effort to challenge the U.S. Securities and Exchange Commission (SEC) vs. Binance lawsuit.
20.10 / 13:05
Technology
Law
regulation
SEC
THORChain
SEC wins default judgment against Thor Technologies and founder
Thor Technologies and its founder and former CEO, David Chin, have faced a legal setback in an ongoing dispute with the United States Securities and Exchange Commission (SEC) over the unapproved sale of $2.6 million in crypto asset securities.
20.10 / 13:05
CBDC
regulation
Argentine central bank to introduce digital peso bill ‘as soon as possible’
After a series of remarks about the potential benefits of a central bank digital currency (CBDC) for the national economy, the Central Bank of the Argentine Republic said it has accelerated its work on legislation to implement the CBDC workflow in the country.
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